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 29 November 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 |
|---|---|---|
| 16% | Abercrombie & Fitch Company (ANF) | Strong quarterly revenue & earnings (Apparel retail) |
| 15% | Tech Data Corporation (TECD) | Strong quarterly revenue & earnings (IT reseller) |
| 9% | VS 2X VIX Short Term (TVIX) | Vix volatile due to market turmoil) |
| 7% | Endava Plc (DAVA) | Quarterly results released (IT services) |
| 6% | Ascendis Pharma A/S (ASND) | Reported good clinical results (Pharmaceuticals) |
| Today | Company | Driving the stock |
|---|---|---|
| -14% | Bitauto Holdings Limited (BITA) | Retracing after post-quarterly results (Automotive tech) |
| -9% | Quest Diagnostics Incorporated (DGX) | Reduced guidance (Clinical lab) |
| -9% | PPDAI Group Inc. (PPDF) | Class action lawsuit (Consumer finance) |
| -9% | Natural Gas 3X Long ETN Velocityshares (UGAZ) | Unclear - perhaps low gas inventory (Gas ETF) |
| -8% | Cision Ltd. (CISN) | Unclear (Public relations) |
Submitted November 29, 2018 at 11:39AM by NaturalHedgehog https://ift.tt/2Sl8uBA
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