Barron\'s 03.16.2020

(やまだぃちぅ) #1

March 16, 2020 BARRON’S M9


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 March 13, 2020nEdited by Bill Alpert


OCCIDENTAL PETROLEUM


OXY (NYSE)•14.26•-12.60


8.0

11.5

15.0

MTWTF

18.5

22.0

9.0

22.5

36.0

49.5

63.0

76.5

Stock Price $

0

212

M A M J J A S O N D J FM

424

Volume in Millions

Withoilpricesinfree-fall
asRussiaandOPECfailed
to agree on production
curbs, the debt-laden U.S.
producer cut its quarterly
dividend by 86%.

CABOT OIL & GAS


COG (NYSE)•18.37•2.00


15.0

16.5

18.0

MTWTF

19.5

21.0

12.0

15.5

19.0

22.5

26.0

29.5

Stock Price $

0

66

M A M J J A S O N D J FM

132

Volume in Millions

Thenatural-gasproducer
benefited from hopes that
anoilpricedropwillreduce
the supply of gas produced
incident to oil production.
That could lift gas prices.

ELDORADO RESORTS


ERI (NASD)•18.22•-15.43


13.0

17.5

22.0

MTWTF

26.5

31.0

12

24

36

48

60

72

Stock Price $

0

21

M A M J J A S O N D J FM

42

Volume in Millions

 Investors shunned the
casino and resort operator,
which is buying Caesars
Entertainment.Otherfalling
hotelstocksincludedWynd-
ham and Park Hotels.

NORWEGIAN CRUISE LINE


NCLH (NYSE)•11.10•-16.00


8.0

12.5

17.0

MTWTF

21.5

26.0

7

18

29

40

51

62

Stock Price $

0

64

M A M J J A S O N D J FM

128

Volume in Millions

TheU.S.governmenttold
Americans to avoid cruise
ships. President Trump
banned travelers from Eu-
rope. Rival Carnival sus-
pendeditsPrincessCruises.

SLACK TECHNOLOGIES


WORK (NYSE)•19.59•-6.83


14.0

17.5

21.0

MTWTF

24.5

28.0

0.0

8.5

17.0

25.5

34.0

42.5

Stock Price $

0

91

M A M J J A S O N D J FM

182

Volume in Millions

 Although revenue rose
49%inthequarterendedin
January, to reach $174 mil-
lion, the collaboration soft-
ware firm’s conservative
guidance soured investors.

GAP


GPS (NYSE)•10.81•-2.38


9

10

11

MTWTF

12

13

8.0

12.5

17.0

21.5

26.0

30.5

Stock Price $

0

33

M A M J J A S O N D J FM

66

Volume in Millions

Whilecautiousinitsout-
look, the clothing retailer
said sales rose 1% in its
January quarter and lifted
profitsto58centsashare—
adjustingforstoreclosings.

ORACLE


ORCL (NYSE)•47.93•0.56


39

42

45

MTWTF

48

51

39.0

43.5

48.0

52.5

57.0

61.5

Stock Price $

0

86

M A M J J A S O N D J FM

172

Volume in Millions

Salesgrew2%intheFeb-
ruary quarter—as the soft-
ware giant had guided—to
yield earnings of 97 cents a
share. Oracle will buy back
$15 billion more shares.

CINEMARK HOLDINGS


CNK (NYSE)•14.70•-8.88


12

15

18

MTWTF

21

24

11.0

17.5

24.0

30.5

37.0

43.5

Stock Price $

0

14

M A M J J A S O N D J FM

28

Volume in Millions

 Movie studios postponed
newreleases,andthetheater
industrybracedforgovern-
ment-orderedshutdowns—as
the virus pandemic halted
other large gatherings.

STITCH FIX


SFIX (NASD)•13.26•-9.52


11

14

17

MTWTF

20

23

11.0

16.5

22.0

27.5

33.0

38.5

Stock Price $

0

44

M A M J J A S O N D J FM

88

Volume in Millions

Salesrose22%intheon-
lineclothier’sJanuaryquar-
ter,tohit$452million,while
earningspersharewere11
cents.Butinvestorsdisliked
guidance for 15% growth.

SCHLUMBERGER


SLB (NYSE)•16.16•-7.69


12

14

16

MTWTF

18

20

11

20

29

38

47

56

Stock Price $

0

119

M A M J J A S O N D J FM

238

Volume in Millions

 WithRussiadrivingdown
oilpricestohurtU.S.frack-
ers, investors feared for the
growth—and dividends—of
service firms like Schlum-
berger and Halliburton.

DOCUSIGN


DOCU (NASD)•77.32•-6.70


62

67

72

MTWTF

77

82

42.0

52.5

63.0

73.5

84.0

94.5

Stock Price $

0

19

M A M J J A S O N D J FM

38

Volume in Millions

 The electronic-signature
outfithada38%jumpinrev-
enue in its January quarter,
to $275 million. Non-GAAP
earningsof12centsashare
beat the five cents forecast.

CYPRESS SEMICONDUCTOR


CY (NASD)•23.11•6.74


13

16

19

MTWTF

22

25

13.0

15.5

18.0

20.5

23.0

25.5

Stock Price $

0

92

M A M J J A S O N D J FM

184

Volume in Millions

 The U.S. government
OK’d the chip maker’s ac-
quisitionbyGermany’sInfi-
neon Technologies. Now,
they’re awaiting clearance
from China’s government.
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