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 8 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 | Driving the stock |
|---|---|---|
| +27% | Crox (CROX) | Revenue/earnings beat, guidance raise (Shoes) |
| +26% | Portola Pharmaceuticals (PTLA) | Revenue beat (Pharmaceuticals) |
| +22% | Scientific Games (SGMS) | Missed revenue/earnings, but considering IPO for social gaming business (Gambling products) |
| +21% | Houghton Mifflin (HMHC) | Revenue/earnings beat (K12 educational materials) |
| +20% | Sally Beauty (SBH) | Revenue/earnings beat (Beauty products) |
| Today | Company | Driving the stock |
|---|---|---|
| -35% | Talend (TLND) | In-line revenue but weak guidance, acquiring Stitch for $60M (Software) |
| -23% | Zayo (ZAYO) | Revenue/earnings miss, announced plan to split company (Telecom equipment) |
| -21% | CommScope (COMM) | Earnings miss, announced $7.5BN acquisition of Arris (Telecom equipment) |
| -19% | Ctrip (CTRP) | Strong earnings but soft guidance (Chinese online travel) |
| -19% | Roku (ROKU) | Revenue beat, but software results in Platform segment (Streaming video) |
Submitted November 08, 2018 at 11:31AM by NaturalHedgehog https://ift.tt/2Ow1nUn
No comments:
Post a Comment