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 7 November 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 | About | Driving the stock |
|---|---|---|---|
| +23% | Victory Capital Holdings (VCTR) | Asset management company | Acquiring USAA Asset Management |
| +21% | Genomic Health (GHDX) | Genetic research, specifically cancer detection | Revenue/earnings beat |
| +21% | Twilio (TWLO) | Telecom (send SMS by API) | Revenue/earnings beat |
| +21% | SendGrid (SEND) | Email delivery | Soaring in-line with TWLO (which will buy SEND in an all-stock deal) |
| +20% | Etsy (ETSY) | Ecommerce marketplace for handmade goods | Revenue/earnings beat |
| Today | Company | About | Driving the stock |
|---|---|---|---|
| -35% | MiMex (MDXG) | Pharma company | Received de-listing notice from NASDAQ |
| -30% | Infinera (INFN) | Telecom equipment | Revenue/earnings miss |
| -26% | Diplomat Pharmacy (DPLO) | Specialty pharmacy | Revenue/earnings miss |
| -26% | Audentes Therapeutics (BOLD) | Drug developer | Revenue/earnings miss |
| -24% | BWX Technologies (BWXT) | Nuclear fuel company | Revenue/earnings miss |
Submitted November 07, 2018 at 11:32AM by NaturalHedgehog https://ift.tt/2RHIos6
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