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
8.011.515.0MTWTF18.522.09.022.536.049.563.076.5Stock Price $0212M A M J J A S O N D J FM424Volume in MillionsWithoilpricesinfree-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
15.016.518.0MTWTF19.521.012.015.519.022.526.029.5Stock Price $066M A M J J A S O N D J FM132Volume in MillionsThenatural-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
13.017.522.0MTWTF26.531.0122436486072Stock Price $021M A M J J A S O N D J FM42Volume 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
8.012.517.0MTWTF21.526.071829405162Stock Price $064M A M J J A S O N D J FM128Volume in MillionsTheU.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
14.017.521.0MTWTF24.528.00.08.517.025.534.042.5Stock Price $091M A M J J A S O N D J FM182Volume 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
91011MTWTF12138.012.517.021.526.030.5Stock Price $033M A M J J A S O N D J FM66Volume in MillionsWhilecautiousinitsout-
look, the clothing retailer
said sales rose 1% in its
January quarter and lifted
profitsto58centsashare—
adjustingforstoreclosings.ORACLE
ORCL (NYSE)•47.93•0.56
394245MTWTF485139.043.548.052.557.061.5Stock Price $086M A M J J A S O N D J FM172Volume in MillionsSalesgrew2%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
121518MTWTF212411.017.524.030.537.043.5Stock Price $014M A M J J A S O N D J FM28Volume 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
111417MTWTF202311.016.522.027.533.038.5Stock Price $044M A M J J A S O N D J FM88Volume in MillionsSalesrose22%intheon-
lineclothier’sJanuaryquar-
ter,tohit$452million,while
earningspersharewere11
cents.Butinvestorsdisliked
guidance for 15% growth.SCHLUMBERGER
SLB (NYSE)•16.16•-7.69
121416MTWTF1820112029384756Stock Price $0119M A M J J A S O N D J FM238Volume 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
626772MTWTF778242.052.563.073.584.094.5Stock Price $019M A M J J A S O N D J FM38Volume 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
131619MTWTF222513.015.518.020.523.025.5Stock Price $092M A M J J A S O N D J FM184Volume 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.