Stocks that are Rising/Falling And Why (24 December 2018)

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 24 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	Today	Company
67%	MINDBODY, Inc. (MB)	Mindbody is being acquired by private equity firm Vista Equity for $36/share or $1.9 billion (Fitness studio software)
14%	Aphria Inc (APHA)	Unclear, but short seller Andrew Left has claimed the company is an acquisition target (Cannabis)
12%	Spectrum Pharmaceuticals, Inc. (SPPI)	Jumping back after it fell due to an FDA setback (Pharma, oncology)
10%	CRISPR Therapeutics AG (CRSP)	Unclear, but healthcare and gene editing stocks are rising in general
10%	Sinovac Biotech, Ltd. (SVA)	Unclear, but healthcare and gene editing stocks are rising in general
8%	Editas Medicine, Inc. (EDIT)	Unclear, but healthcare and gene editing stocks are rising in general

Today	Today	Company
-26%	Dell Technologies Inc. (DVMT)	Unclear (IT)
-14%	Priority Techno Holdings Inc (PRTH)	Unclear (Blank check holding company)
-13%	Rubius Therapeutics Inc (RUBY)	Unclear, but took on $75 million loan facility (Pharma)
-12%	DBV Technologies S.A. (DBVT)	Volatile after it withdrew an application for a peanut allergy drug (Pharma)

Top News * The bruising stock selloff continues for a fourth straight day, as the government enters its third day of a shutdown. * Treasury Secretary Steven Mnuchin tried to reassure financial markets by telling the financial community on Sunday that banks have ample financial stability. Many market participants, however, were unconcerned about banks until Mnuchin's statement.

Submitted December 24, 2018 at 11:53AM by NaturalHedgehog http://bit.ly/2rQHeQ1