Barron\'s - 09.03.2020

(National Geographic (Little) Kids) #1

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

 Salesrose 12% in the


December quarter at the


Chinesediscounterofbeauty


products. Profits doubled.


Active customers increased


19% from the earlier year.

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