Wednesday, October 24, 2018

Top Rising/Falling Stocks Today (and Why)

Quick roundup of the top rising and falling stocks today (24 October 2018), as of mid-morning. This list is limited to companies with market cap >$100 million, and also excludes VIX, short ETFs, etc, as these just reflect the market, rather than individual companies.

Today Company Driving the stock
+28% K12 (LRN) Revenue/earnings beat and guidance raise
+16% Lithia Motors (LAD) Car dealership, beat revenue/earnings
+16% Tupperware (TUP) Revenue/earnings beat
+16% trivago (TRVG) Earnings release, returned to profitability
+11% Varian Medical (VAR) Medical device company, beat slightly on revenue, missed earnings, but strong guidance
Today Company Driving the stock
-26% Bank of N.T. Butterfield (NTB) Bermuda-based bank, missed earnings/revenue
-19% DXC Technology (DXC) IT services company, press report that the CEO of the Americas business is leaving
-17% Line (LN) Japanese social networking company, mixed response to launch of its digital token
-13% TransEnterix (TRXC) Surgical robot company, insider selling prompted a sell-off
-12% HAFC (Hanmi Financial) LA-based bank focused on Korean-American community, missed revenue/earnings


Submitted October 24, 2018 at 12:21PM by NaturalHedgehog https://ift.tt/2JduH0N

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