Barron's - USA (2020-08-03)

(Antfer) #1

M8 BARRON’S August 3, 2020


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 July 31, 2020 nEdited by Bill Alpert


APPLE


AAPL (NASD)•425.04•54.58


368

383

398

MTWTF

413

428

178

229

280

331

382

433

Stock Price $

0

203

A S O N D J F M A M JJ

406

Volume in Millions

DespiteCovid,Junequar-


tersalesrose11%to$60bil-


lion, with $2.58 a share in


profits. iPads, Macs, and


servicesdidwell.Applewill


split its stock 4 for 1.


UNITED PARCEL SERVICE


UPS (NYSE)•142.76•24.41


116

124

132

MTWTF

140

148

80

94

108

122

136

150

Stock Price $

0

27

A S O N D J F M A M JJ

54

Volume in Millions

 Stay-at-home shoppers


liftedsalesby13%andearn-


ingsby9%,forJunequarter


EPS of $2.13—double what


WallStreetexpected.Home


deliveries jumped 65%.


OVERSTOCK.COM


OSTK (NASD)•75.59•22.38


52.0

59.5

67.0

MTWTF

74.5

82.0

0.0

16.5

33.0

49.5

66.0

82.5

Stock Price $

0

27

A S O N D J F M A M JJ

54

Volume in Millions

 The once-scorned online


outlet doubled June quarter


salesto$783million,asnew


customerstripled.Itearned


84 cents a share, compared


to last year’s 69 cent loss.


FACEBOOK


FB (NASD)•253.67•22.96


225

234

243

MTWTF

252

261

133

158

183

208

233

258

Stock Price $

0

92

A S O N D J F M A M JJ

184

Volume in Millions

 Revenue growth slowed


to 11% in the online giant’s


June quarter, but profits


doubled to $1.80 a share.


Usage swelled, but may


flatten as lockdowns end.


UNDER ARMOUR


UAA(NYSE)•10.52•-0.39


9

10

11

MTWTF

12

13

5

9

13

17

21

25

Stock Price $

0

44

A S O N D J F M A M JJ

88

Volume in Millions

 Junequartersalesfellless


than expected at the sports


gearmaker,dropping41%to


$708million.Itlost40cents


a share. The government is


scrutinizing the books.


TUPPERWARE BRANDS


TUP (NYSE)•15.43•6.32


8.0

10.5

13.0

MTWTF

15.5

18.0

0

6

12

18

24

30

Stock Price $

0

30

A S O N D J F M A M JJ

60

Volume in Millions

 Although June quarter


sales fell 16% from Covid’s


confines, cost cuts let the


plastic-ware vendor grow


profit60%to$1.30ashare.


It plans to pare debt.


EASTMAN KODAK


KODK (NYSE)•21.85•19.75


0.0

15.5

31.0

MTWTF

46.5

62.0

0

13

26

39

52

65

Stock Price $

0

360

A S O N D J F M A M JJ

720

Volume in Millions

Thegovernmentwilllend


Kodak $765 million so the


company can start making


raw materials for generic


drugs, which are now


mainly sourced from Asia.


APHRIA


APHA(NASD)•4.78•-0.34


3

4

5

MTWTF

6

7

0

2

4

6

8

10

Stock Price $

0

41

A S O N D J F M A M JJ

82

Volume in Millions

 The Canadian pot seller


announced a surprisingly


largeMay-quarterlossof39


Canadiancentsashare,and


abigstockoffering.Ithada


lot of unsold inventory.


L BRANDS


LB (NYSE)•24.41•5.22


16

19

22

MTWTF

25

28

7.0

11.5

16.0

20.5

25.0

29.5

Stock Price $

0

45

A S O N D J F M A M JJ

90

Volume in Millions

 The parent of Victoria’s


Secret and Bath & Body


Worksannounced$400mil-


lioninplannedcostcutsand


a15%reductioninitswork-


force. It reports Aug. 19.


NOKIA


NOK (NYSE)•4.78•0.48


3.5

4.0

4.5

MTWTF

5.0

5.5

1.5

2.5

3.5

4.5

5.5

6.5

Stock Price $

0

204

A S O N D J F M A M JJ

408

Volume in Millions

 Salesfell11%intheFinn-


ish telecom vendor’s June


quarter, as it missed some


5GdealsinChina.Butprof-


its rose 21% and it expects


many 5G wins elsewhere.


PINTEREST


PINS (NYSE)•34.29•9.75


20

24

28

MTWTF

32

36

8

14

20

26

32

38

Stock Price $

0

75

A S O N D J F M A M JJ

150

Volume in Millions

Activeusersgrew39%in


thesocialmediafirm’sJune


quarter, lifting its revenue


4%to$272millionandleav-


ingasmaller-than-expected


loss of 7 cents a share.


KANDI TECHNOLOGIES GROUP


KNDI (NASD)•7.22•3.13


2

6

10

MTWTF

14

18

1.0

4.5

8.0

11.5

15.0

18.5

Stock Price $

0

113

A S O N D J F M A M JJ

226

Volume in Millions

 In August, the Chinese


maker of electric cars says


it will launch U.S. sales of


its$13,000and$23,000mod-


els, starting in the Dallas-


Fort Worth region.

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