Barron\'s - 02.09.2019

M8 BARRON’S September 2, 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 August 30, 2019 n Edited by Bill Alpert

DELL TECHNOLOGIES

DELL (NYSE)•51.53•5.72

44.0

46.5

49.0

MTWTF

51.5

54.0

40.0

46.5

53.0

59.5

66.0

72.5

Stock Price $

0

28

AS O N D J F M A M J JA

56

Volume in Millions

Otherinfotechfirmshave

slowed,butDell’sJulyquar-

ter earnings of $2.15 a

share surpassed the $1.50

expected. Profits widened

on $23.5 billion in revenue.

ALEXION PHARMACEUTICALS

ALXN (NASD)•100.76•-14.57

97

102

107

MTWTF

112

117

90

101

112

123

134

145

Stock Price $

0

10

AS O N D J F M A M J JA

20

Volume in Millions

 The U.S. Patent Office

agreedtoconsiderAmgen’s

challengetothepatentsfor

Alexion’s big-selling drug

Soliris. Amgen wants to

market a similar drug.

NUTANIX

NTNX (NASD)•24.23•4.09

17.0

19.5

22.0

MTWTF

24.5

27.0

17.0

26.5

36.0

45.5

55.0

64.5

Stock Price $

0

30

AS O N D J F M A M J JA

60

Volume in Millions

 A revenue decline of 1%

wasbetterthananticipated

for the cloud data-storage

company’sJulyquarter.Nu-

tanix foresees higher soft-

ware revenue this quarter.

ULTA BEAUTY

ULTA(NASD)•237.73•-84.37

233

261

289

MTWTF

317

345

220

250

280

310

340

370

Stock Price $

0

11

AS O N D J F M A M J JA

22

Volume in Millions

WhilereportingJuly-quar-

tersalesinlinewithexpecta-

tions, the beauty chain re-

duced its forecast for same-

store sales growth: now 4%

to 6%, from 6% to 7%.

AMBARELLA

AMBA(NASD)•55.87•11.22

42

46

50

MTWTF

54

58

29

35

41

47

53

59

Stock Price $

0

8

AS O N D J F M A M J JA

16

Volume in Millions

TheJulyquarter’s31cent

asharelosswassmallerthan

expectedforthecomputervi-

sionfirm.Saleswere$56mil-

lion and may hit $65 million

thisquarter,saysAmbarella.

BURLINGTON STORES

BURL (NYSE)•202.49•28.53

167

178

189

MTWTF

200

211

132

148

164

180

196

212

Stock Price $

0

9

AS O N D J F M A M J JA

18

Volume in Millions

Anotheroff-priceretailer

bucking the retail ebb tide,

Burlingtongrewcomp-store

sales4%initsJulyquarter.

Earnings rose 19%. It

raisedguidancefortheyear.

GUESS?

GES (NYSE)•18.07•3.64

12

14

16

MTWTF

18

20

13

16

19

22

25

28

Stock Price $

0

13

AS O N D J F M A M J JA

26

Volume in Millions

Theclothingchainraised

itscurrent-yearprofitfore-

cast to about $1.32 a share

from about $1.25, after

better-than-expected July-

quartersalesandearnings.

CAMPBELL SOUP

CPB (NYSE)•45.00•2.32

41

43

45

MTWTF

47

49

30

34

38

42

46

50

Stock Price $

0

16

AS O N D J F M A M J JA

32

Volume in Millions

 U.S. soup sales grew for

the first time in years, ris-

ing 3% in the food pro-

ducer’sJulyquarter.Overall

revenue was up 2%. Earn-

ings were 42 cents a share.

MICRO FOCUS INTERNATIONAL

MFGP (NYSE)•13.80•-5.20

12

14

16

MTWTF

18

20

11.0

14.5

18.0

21.5

25.0

28.5

Stock Price $

0

4

AS O N D J F M A M J JA

8

Volume in Millions

 The software firm now

expects revenue to fall 6%

to 8% this year, and said it

willaccelerateitsreviewof

strategic, operational, and

financial alternatives.

DOLLAR GENERAL

DG (NYSE)•156.09•19.10

136

142

148

MTWTF

154

160

94

108

122

136

150

164

Stock Price $

0

13

AS O N D J F M A M J JA

26

Volume in Millions

 As other retailers strug-

gle,thediscounterbeatfore-

casts for July-quarter sales

and profits, lifting compara-

ble-storesales4%.RivalDol-

lar Tree’s comps were 2%.

PHIBRO ANIMAL HEALTH

PAHC (NASD)•20.65•-10.21

19

23

27

MTWTF

31

35

19.0

25.5

32.0

38.5

45.0

51.5

Stock Price $

0

2

AS O N D J F M A M J JA

4

Volume in Millions

Sales fell4%intheanimal

healthandnutritionvendor’s

Junequarter.Earningsof22

cents a share trailed last

year’s 55 cents and the 30

cents expected by analysts.

OLLIE'S BARGAIN OUTLET HOLDINGS

OLLI (NASD)•55.45•-23.07

53

60

67

MTWTF

74

81

52

63

74

85

96

107

Stock Price $

0

13

AS O N D J F M A M J JA

26

Volume in Millions

After comp-storesalesfell

2% in its July quarter, the

discount chain earned a dis-

appointing35centsashare.

Itcutguidancefortheyear’s

earnings, to sub-$2 a share.