Barron's - USA (2020-10-26)

(Antfer) #1

October 26, 2020 BARRON’S M9


Charting the Market


Thechartsrecordthenetchangeinshareprice,thehigh,lowandclosingtrades,andsharevolumeforcompanieswithnoteworthystockactivitylastweek.Inaddition,thegraphsdepictlastweek’sdailypriceactivityindetail.The


dottedlineonsomegraphsdenotesthestock’s200-daymovingaverage;lackofamovingaveragemeanstheshareshavetradedforlessthanthattimeperiod.


AgraphiclookatselectedstockactivityfortheweekendedonOctober23,2020nEditedbyBillAlpert


INTEL


INTC (NASD)•48.20•-5.96


47.0

49.5

52.0

MTWTF

54.5

57.0

42.0

47.5

53.0

58.5

64.0

69.5

Stock Price $

0

159

O N D J F M A M J J A SO

318

Volume in Millions

 The chip giant’s sales to


data centers fell 10% in the


Septemberquarter.Aslight


rise in sales for PCs failed


toquellfearsforIntel’scom-


petitiveness vs. rival AMD.


JETBLUE AIRWAYS


JBLU (NASD)•13.43•1.19


11

12

13

MTWTF

14

15

5.0

8.5

12.0

15.5

19.0

22.5

Stock Price $

0

83

O N D J F M A M J J A SO

166

Volume in Millions

 Theairlinereachedadeal


with its flight-attendants’


union, in their first contract


since organizing. Recovery


continued in government


countsofairlinepassengers.


HERTZ GLOBAL HOLDINGS


HTZ (NYSE)•1.75•-0.75


0

1

2

MTWTF

3

4

0

5

10

15

20

25

Stock Price $

0

734

O N D J F M A M J J A SO

1468

Volume in Millions

 The car-rental company


sparredwithsecuritiesregu-


lators over a plan to sell


stock that may get delisted


by the NYSE and cancelled


inHertz’sbankruptcyreorg.


NETFLIX


NFLX (NASD)•488.28•-42.51


476

494

512

MTWTF

530

548

265

330

395

460

525

590

Stock Price $

0

47

O N D J F M A M J J A SO

94

Volume in Millions

 Subscriber growth fell


shortofthestreaming-video


company’s guidance in the


September quarter. Profits


were $1.74 a share—shy of


Netflix’sguidancefor$2.09.


CRISPR THERAPEUTICS


CRSP (NASD)•92.65•-17.18


84

91

98

MTWTF

105

112

30

47

64

81

98

115

Stock Price $

0

9

O N D J F M A M J J A SO

18

Volume in Millions

Apatientdiedinthegene-


editing company’s trial of


ablood-cancer treatment.


Other patients responded


well,saidCrispr,butitsdata


failed to impress investors.


LOGITECH INTERNATIONAL


LOGI (NASD)•88.02•8.19


78

83

88

MTWTF

93

98

30

44

58

72

86

100

Stock Price $

0

7

O N D J F M A M J J A SO

14

Volume in Millions

 Reporting its June-


quarter results, Logitech


grew sales 75% and profits


fourfold as home-bound PC


usersboughtcomputermice,


webcams,andgaminggear.


GAP


GPS (NYSE)•21.42•2.10


17.0

18.5

20.0

MTWTF

21.5

23.0

4

8

12

16

20

24

Stock Price $

0

96

O N D J F M A M J J A SO

192

Volume in Millions

 At the clothing retailer’s


investor day on Thursday,


Gapprojectedstronggrowth


foritsOldNavyandAthleta


brands. It will winnow Gap


andBananaRepublicstores.


SLACK TECHNOLOGIES


WORK (NYSE)•28.76•-3.49


27

29

31

MTWTF

33

35

12

18

24

30

36

42

Stock Price $

0

115

O N D J F M A M J J A SO

230

Volume in Millions

 Morgan Stanley down-


graded the collaboration-


software stock, from the


equivalent of a Hold to a


Sell.Microsoftiscompeting


hard against Slack.


WD-40


WDFC (NASD)•235.10•37.17


192

205

218

MTWTF

231

244

148

167

186

205

224

243

Stock Price $

0

1

O N D J F M A M J J A SO

2

Volume in Millions

 The spray-lubricant


makersaidthathomereno-


vationactivityliftedAugust-


quarter sales 5%, while


earningsmorethandoubled


to $1.42 a share.


SNAP


SNAP (NYSE)•43.17•15.34


25

30

35

MTWTF

40

45

8.0

15.5

23.0

30.5

38.0

45.5

Stock Price $

0

331

ON D J F M A M J J A SO

662

Volume in Millions

 Advertising is snapping


backatthesocial-mediaplat-


form,liftingrevenue52%,to


$679 million, in the Septem-


berquarter.Itturnedacash


profit on operations.


MATTEL


MAT (NASD)•14.16•1.56


12

13

14

MTWTF

15

16

5.5

7.5

9.5

11.5

13.5

15.5

Stock Price $

0

24

ON D J F M A M J J A SO

48

Volume in Millions

 Barbie-doll sales perked


up 29% in Mattel’s Septem-


ber quarter, lifting overall


revenue 10%, to $1.6 billion.


Earningsof91centsashare


beat the 39 cents expected.


ALIGN TECHNOLOGY


ALGN (NASD)•469.56•133.04


322

361

400

MTWTF

439

478

128

198

268

338

408

478

Stock Price $

0

5

ON D J F M A M J J A SO

10

Volume in Millions

Earningsforthesellerof


tooth-straightening mouth-


pieces were $2.25 a share


inthe September quarter.


Analysts had forecast only


64 cents. Sales rose 21%.

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