M8 BARRON’S September 30, 2019
Thechartsrecordthenetchangeinshareprice,thehigh,lowandclosingtrades,andsharevolumeforcompanieswithnoteworthystockactivitylastweek.Inaddition,thegraphsdepictlastweek’sdailypriceactivityindetail.The
dottedlineonsomegraphsdenotesthestock’s200-daymovingaverage;lackofamovingaveragemeanstheshareshavetradedforlessthanthattimeperiod.
Charting the Market
A graphic look at selected stock activity for the week ended on September 27, 2019 n Edited by Bill Alpert
PHILIP MORRIS INTERNATIONAL
PM (NYSE)•75.13•3.93
70
72
74
MTWTF
76
78
64
70
76
82
88
94
Stock Price $
0
48
SO N D J F M A M J J AS
96
Volume in Millions
The tobacco giant called
offitsplannedmergerwith
Altria Group, whose stake
in vape maker Juul Labs
was one reason that share-
holders disliked the deal.
LATAM AIRLINES GROUP
LTM (NYSE)•11.81•2.89
8.0
9.5
11.0
MTWTF
12.5
14.0
6.5
8.0
9.5
11.0
12.5
14.0
Stock Price $
0
5
SO N D J F M A M J J AS
10
Volume in Millions
Delta will buy a 20%
stake in the Chilean airline
and form a strategic part-
nership.Thenewsprompted
analysts to raise their rat-
ings for Latam.
MARATHON PETROLEUM
MPC (NYSE)•62.42•7.32
53.0
55.5
58.0
MTWTF
60.5
63.0
42
51
60
69
78
87
Stock Price $
0
32
SO N D J F M A M J J AS
64
Volume in Millions
The activist firm Elliott
Management urged the oil
company to split into three
units: refining, pipelines,
andSpeedway-brandedgas
stations. Elliott owns 2.5%.
MICRON TECHNOLOGY
MU (NASD)•43.21•-5.95
41.0
43.5
46.0
MTWTF
48.5
51.0
28
33
38
43
48
53
Stock Price $
0
150
SO N D J F M A M J J AS
300
Volume in Millions
Sales fell 42% in the
memory-chipmaker’sAugust
quarter, yieldinga 49 cent a
share profit that was even
lower than expected. Its
marginoutlookwascautious.
NIO
NIO (NYSE)•1.75•-1.29
1.5
2.0
2.5
MTWTF
3.0
3.5
0.0
2.5
5.0
7.5
10.0
12.5
Stock Price $
0
158
SO N D J F M A M J J AS
316
Volume in Millions
The Chinese electric-car
makercancelleditsquarterly
callasitannouncedalossof
nearly half a billion dollars.
A product recall left gross
margins in the red.
ENANTA PHARMACEUTICALS
ENTA(NASD)•60.28•-11.46
57.0
61.5
66.0
MTWTF
70.5
75.0
55
66
77
88
99
110
Stock Price $
0
2
SO N D J F M A M J J AS
4
Volume in Millions
J.P. Morgan lowered the
stock to Underweight, say-
ing clinical-trial results for
thecompany’sliver-disease
treatment had been good,
but not best-in-class.
CARNIVAL
CCL (NYSE)•43.58•-4.64
42
44
46
MTWTF
48
50
41.0
46.5
52.0
57.5
63.0
68.5
Stock Price $
0
21
SO N D J F M A M J J AS
42
Volume in Millions
Analyststrimmedratings
and price targets for the
cruiseoperatorafteritsaid
profits could suffer from
fuelcosts,currencyeffects,
and wary consumers.
ANGLOGOLD ASHANTI
AU (NYSE)•19.05•-1.17
18
19
20
MTWTF
21
22
6
10
14
18
22
26
Stock Price $
0
34
SO N D J F M A M J J AS
68
Volume in Millions
Unexpectedly weak U.S.
economicnumbersonFriday
dampened demand for
inflation hedges like gold—
reversing recent gains by
miners like AngloGold.
OVERSTOCK.COM
OSTK (NASD)•11.23•-3.74
9.0
10.5
12.0
MTWTF
13.5
15.0
7
15
23
31
39
47
Stock Price $
0
27
SO N D J F M A M J J AS
54
Volume in Millions
The e-tailer’s financial
chief resigned, as it warned
thatitwouldonlybreakeven
in the September quarter—
blamingtariffs,freightcosts,
and frugal consumers.
BEYOND MEAT
BYND (NASD)•151.66•-3.60
129
138
147
MTWTF
156
165
0
49
98
147
196
245
Stock Price $
0
41
SO N D J F M A M J J AS
82
Volume in Millions
McDo nald’ssaiditwilltry
selling burgers supplied by
the alternative-meat pro-
ducer, in a Canadian test
market. But Costco teamed
up with a Beyond Meat ri-
val.
SMART GLOBAL HOLDINGS
SGH (NASD)•24.98•-7.13
23.0
25.5
28.0
MTWTF
30.5
33.0
15.0
19.5
24.0
28.5
33.0
37.5
Stock Price $
0
7
SO N D J F M A M J J AS
14
Volume in Millions
After a short seller said
insidershadengagedinself-
dealing,thememorysupplier
calledthechargeserroneous
andunfounded—promisinga
rebuttal on Oct. 3.
SYNNEX
SNX (NYSE)•112.51•14.58
94
100
106
MTWTF
112
118
69
79
89
99
109
119
Stock Price $
0
5
SO N D J F M A M J J AS
10
Volume in Millions