March9,2020 BARRON’S M9
Charting the Market
Thechartsrecordthenetchangeinshareprice,thehigh,lowandclosingtrades,andsharevolumeforcompanieswithnoteworthystockactivitylastweek.Inaddition,thegraphsdepictlastweek’sdailypriceactivityindetail.The
dottedlineonsomegraphsdenotesthestock’s200-daymovingaverage;lackofamovingaveragemeanstheshareshavetradedforlessthanthattimeperiod.
AgraphiclookatselectedstockactivityfortheweekendedonMarch6,2020nEditedbyBillAlpert
OCCIDENTAL PETROLEUM
OXY (NYSE)•26.86•-5.88
24
27
30
MTWTF
33
36
24.0
34.5
45.0
55.5
66.0
76.5
Stock Price $
0
60
M A M J J A S O N D J F
120
Volume in Millions
Oil demand became the
latest coronavirus concern.
Travel and trade worries
sank oil stocks like Oxy,
Marathon Petroleum, and
even Brazil’s Petrobras.
INOVIO PHARMACEUTICALS
INO (NASD)•14.09•9.81
3.0
6.5
10.0
MTWTF
13.5
17.0
1.0
4.5
8.0
11.5
15.0
18.5
Stock Price $
0
293
M A M J J A S O N D J F
586
Volume in Millions
Small-cap firms working
on Covid-19 remedies—like
this vaccine developer—
stayedhot.Othersincluded
Novavax, Co-Diagnostics,
and Alpha Pro Tech.
KROGER
KR (NYSE)•32.04•3.91
28
30
32
MTWTF
34
36
19
22
25
28
31
34
Stock Price $
0
49
M A M J J A S O N D J F
98
Volume in Millions
Supermarket shoppers
stockpiled canned goods
and sanitizers, in fear of a
Covid-19pandemic.Grocery
and mass merchandising
stocks climbed.
NEWMONT
NEM (NYSE)•52.35•7.72
44.0
46.5
49.0
MTWTF
51.5
54.0
28
33
38
43
48
53
Stock Price $
0
67
M A M J J A S O N D J F
134
Volume in Millions
Gold jumped as traders
sought security amid a
virus-plagued market and
Tuesday’sFedratecut.The
miner and rivals like Bar-
rick Gold got boosts.
ANTHEM
ANTM (NYSE)•282.19•25.10
248
261
274
MTWTF
287
300
225
243
261
279
297
315
Stock Price $
0
11
M A M J J A S O N D J F
22
Volume in Millions
JoeBiden’sgainsinTues-
day’s primaries eased fears
of Bernie Sanders’ health
plans—lifting managed-care
stocks like Anthem, Molina,
Humana,andUnitedHealth.
EDITAS MEDICINE
EDIT (NASD)•23.97•1.79
21.0
22.5
24.0
MTWTF
25.5
27.0
18.0
21.5
25.0
28.5
32.0
35.5
Stock Price $
0
5
M A M J J A S O N D J F
10
Volume in Millions
Thegene-editingfirmand
its partner Allergan an-
nouncedthefirstdosingofa
patientwithatreatmentthat
usestheCRISPRtechnology
to treat a rare blindness.
AMERICAN AIRLINES GROUP
AAL (NASD)•15.97•-3.09
14.0
15.5
17.0
MTWTF
18.5
20.0
14
19
24
29
34
39
Stock Price $
0
109
M A M J J A S O N D J F
218
Volume in Millions
Airlinescontinuedtolose
altitude as the coronavirus
curbed travel. Others suf-
fering like American in-
cluded United, Alaska Air,
JetBlue and Spirit.
MARVELL TECHNOLOGY GROUP
MRVL (NASD)•24.09•2.79
20.0
21.5
23.0
MTWTF
24.5
26.0
17.0
19.5
22.0
24.5
27.0
29.5
Stock Price $
0
46
M A M J J A S O N D J F
92
Volume in Millions
Sales of networking and
data storage chips rose se-
quentiallyinMarvell’sJanu-
aryquarter.Italsoforecast
better-than-expected reve-
nue this quarter.
QIAGEN
QGEN (NYSE)•41.57•5.67
33.0
35.5
38.0
MTWTF
40.5
43.0
24
28
32
36
40
44
Stock Price $
0
21
M A M J J A S O N D J F
42
Volume in Millions
The Dutch maker of
molecular testing products
agreedtobeacquiredbylab
toolsgiantThermoFisher—
for $11.5 billion in cash.
They’ll test for Covid-19.
ROYAL CARIBBEAN CRUISES
RCL (NYSE)•65.01•-15.40
58
65
72
MTWTF
79
86
58
74
90
106
122
138
Stock Price $
0
30
M A M J J A S O N D J F
60
Volume in Millions
Headlines about quaran-
tined cruise ships further
hurt the cruise industry—
sinking shares of Royal
Caribbean, Carnival, and
Norwegian Cruise Line.
FORTY SEVEN
FTSV (NASD)•94.35•36.35
93.0
93.5
94.0
MTWTF
94.5
95.0
3
22
41
60
79
98
Stock Price $
0
23
M A M J J A S O N D J F
46
Volume in Millions
Gilead Sciences will buy
the developer of immuno-
oncology treatments for
$95.50 a share in cash, or
$4.9billion—gainingananti-
body against blood cancers.
VIPSHOP HOLDINGS
VIPS (NYSE)•16.51•3.68
11
13
15
MTWTF
17
19
5.0
7.5
10.0
12.5
15.0
17.5
Stock Price $
0
39
M A M J J A S O N D J F
78
Volume in Millions