Each day I go through the top rising and falling stocks today, and look for (a) what the company actually does, and (b) why the stock is moving so much. Hopefully this saves you some digging!
Below are my notes from 10 December 2018 as of mid-morning. (This list is limited to companies with market cap >$500 million, and also excludes VIX, short ETFs, etc, as these just reflect the market, rather than individual companies.)
| Today | Company | Driving the stock |
|---|---|---|
| 20% | Ascena Retail Group, Inc. (ASNA) | Revenue/earnings beat (Apparel retailer) |
| 16% | Yangtze River Port and Logistics Limited (YRIV) | Responded to a short-seller's report (Chinese real estate development) |
| 10% | Horace Mann Educators Corporation (HMN) | Analysts positive on its $405 million acquisition of an insurance company (Insurance) |
| 7% | MacroGenics, Inc. (MGNX) | Reported clinical hold on early-stage study (Pharma) |
| 7% | At Home Group Inc. (HOME) | Revenue/earnings beat, but investors reacted negatively (Home furnishings) |
| 7% | DSW Inc. (DSW) | Revenue/earnings beat and guidance raise (Footwear retailer) |
| Today | Company | Driving the stock |
|---|---|---|
| -26% | Stitch Fix, Inc. (SFIX) | Revenue/earnings beat but weak guidance (Apparel e-commerce) |
| -14% | CalAmp Corp. (CAMP) | Lowered forecast due to supply chain disruptions (Wireless communications) |
| -12% | Acorda Therapeutics, Inc. (ACOR) | Goldman Sachs downgraded to "Sell" (Pharma, neurological disorders) |
| -11% | Aramark (ARMK) | Unclear, perhaps due to ongoing student protests (Food services) |
| -6% | Versum Materials, Inc. (VSM) | Goldman Sachs downgraded to "Sell" (Electronics for displays) |
Submitted December 11, 2018 at 10:02AM by NaturalHedgehog https://ift.tt/2GalhoV
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