M8 BARRON’S December 7, 2020
Thechartsrecordthenetchangeinshareprice,thehigh,lowandclosingtrades,andsharevolumeforcompanieswithnoteworthystockactivitylastweek.Inaddition,thegraphsdepictlastweek’sdailypriceactivityindetail.The
dottedlineonsomegraphsdenotesthestock’s200-daymovingaverage;lackofamovingaveragemeanstheshareshavetradedforlessthanthattimeperiod.
Charting the Market
AgraphiclookatselectedstockactivityfortheweekendedDecember4,2020 nEditedbyBillAlpert
NIKOLA
NKLA(NASD)•18.88•-9.05
151719MTWTF2123021426384105Stock Price $0177D J F M A M J J A S O N354Volume in MillionsThe aspiring maker of
electrictrucksinkeditslong-
awaited deal withGeneral
Motors.Disappointingly,GM
took no equity stake and
won’t partner in production.
SALESFORCE.COM
CRM (NYSE)•225.86•-21.77
210221232MTWTF243254116150184218252286Stock Price $074D J F M A M J J A S O N148Volume in MillionsDespite the enterprise
software firm’s good Octo-
ber-quarter results, inves-
tors fear its deal to buy
Slackfor $27.7 billion in
cash and stock is too rich.
SPLUNK
SPLK (NASD)•161.07•-42.96
148164180MTWTF19621290117144171198225Stock Price $023D J F M A M J J A S O N46Volume in MillionsA loss, on sales of $599
million in the data-analytics
firm’sOctoberquarter,hurt.
Guidanceof$650-to-$700mil-
lion in sales this quarter
dashedhopesof$775million.
AMERICAN AIRLINES GROUP
AAL (NASD)•16.40•1.42
13.014.516.0MTWTF17.519.081318232833Stock Price $0508D J F M A M J J A S O N1016Volume in MillionsAirline load factors hang
on Covid-19 case loads.
American must fill seats to
service its debt, but at least
itsFlorida,Texas,andColo-
rado flights are in demand.
MICHAELS COS
MIK (NASD)•12.10•1.86
91011MTWTF121303691215Stock Price $032D J F M A M J J A S O N64Volume in MillionsAdoublingine-commerce
sales helped the arts-and-
craftsretailerearn74cents
ashareinitsOctoberquar-
ter—up from the year-ago
19 cents. Comps rose 16%.
CARNIVAL
CCL (NYSE)•23.45•1.87
171921MTWTF232581726354453Stock Price $0364D J F M A M J J A S O N728Volume in MillionsCovid vaccine news led
some analysts to set their
sights on spring, when the
cruise line—and rivalNor-
wegian—might set sail
again in ships now laid up.
CINEMARK HOLDINGS
CNK (NYSE)•14.45•-2.33
121416MTWTF182051219263340Stock Price $054D J F M A M J J A S O N108Volume in MillionsWarner Bros. said it will
stream2021filmsassoonas
theatersgetthem—shaking
theU.K.-basedownerofthe
Regalchain,andrivalchain
AMC Entertainment.
KOHL'S
KSS (NYSE)•40.90•7.40
303336MTWTF394210.019.529.038.548.057.5Stock Price $045D J F M A M J J A S O N90Volume in MillionsDeutsche Bank up-
gradedtheretailchaintoa
Buy, on the news that Sep-
hora will open a store-
within-a-store at some 850
Kohl’slocations by 2023.
ZOOM VIDEO COMMUNICATIONS
ZM (NASD)•410.01•-61.60
388415442MTWTF46949658165272379486593Stock Price $066D J F M A M J J A S O N132Volume in MillionsVaccinesaren’tgoodnews
for the videoconferencing
stock, even though it grew
revenues367%intheOcto-
ber quarter, and earned 99
cents a share.
KANDI TECHNOLOGIES GROUP
KNDI (NASD)•7.99•-5.63
7911MTWTF1315159131721Stock Price $0113D J F M A M J J A S O N226Volume in MillionsQuestions about the Chi-
nesefirm’selectric-caraspi-
rations were raised by Hin-
denburgResearch,theshort
seller whose charges punc-
turedNikolain September.
WORKHORSE GROUP
WKHS (NASD)•22.07•-5.11
172023MTWTF26290.06.513.019.526.032.5Stock Price $0271D J F M A M J J A S O N542Volume in MillionsThe U.S. Postal Service
putoffforasecondtimeits
decision on a replacement
foritsageddeliverytrucks.
Workhorsehas a bid to
supply electric mail trucks.
FUELCELL ENERGY
FCEL (NASD)•7.95•-1.74
5.06.58.0MTWTF9.511.00.02.55.07.510.012.5Stock Price $0395D J F M A M J J A S O N790Volume in MillionsAfterfuel-cellenthusiasm
sent its shares soaring
above $9, the company
irked investors with an of-
feringatapriceof$6.50,in-
cluding some insider sales.