Barron's - USA (2021-03-01)

(Antfer) #1
M8 BARRON’S March1,2021

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 February 26, 2021nEdited by Bill Alpert


GAMESTOP

GME (NYSE)•101.74•61.15

40

78

116

MTWTF

154

192

0

100

200

300

400

500

Stock Price $

0

280

FM A M J J A S O N D JF

560

Volume in Millions

 The retail crowd once

more moved the “meme”

stocks—like the videogame

retailer, headphone firm

Koss, and movie-house

chainAMCEntertainment.

Plug Power...............................M

PLUG (NASD)•48.38•-7.51

35.0

40.5

46.0

MTWTF

51.5

57.0

0.0

15.5

31.0

46.5

62.0

77.5

Stock Price $

0

240

FM A M J J A S O N D JF

480

Volume in Millions

 The fuel-cell maker re-

portednegativerevenuefor

itsDecemberquarter—from

its practice of giving war-

rantstoAmazon.comworth

morethanAmazon’sorders.

CARVANA

CVNA(NYSE)•283.50•-25.24

248

263

278

MTWTF

293

308

23

82

141

200

259

318

Stock Price $

0

17

FM A M J J A S O N D JF

34

Volume in Millions

 December quarter sales

soared 65% at the online

seller of used cars, to $1.8

billion.Carvanalost87cents

a share, on retail sales of

more than 72,000 vehicles.

FISKER

FSR (NYSE)•28.50•10.51

13.0

17.5

22.0

MTWTF

26.5

31.0

7

12

17

22

27

32

Stock Price $

0

135

FM A M J J A S O N D JF

270

Volume in Millions

Theelectric-carmakerun-

veiledamanufacturingpart-

nership with Foxconn Tech-

nology,itssecondproduction

partner.CowenandMorgan

Stanley analysts cheered.

CHURCHILL CAPITAL CORP IV

CCIV (NYSE)•30.75•-22.19

24.0

34.5

45.0

MTWTF

55.5

66.0

0.0

13.5

27.0

40.5

54.0

67.5

Stock Price $

0

321

FM A M J J A S O N D JF

642

Volume in Millions

TheSPACfinallyentered

into a merger agreement

withLucidMotors,thatval-

uedtheelectriccarstart-up

at some $92 billion, before

the shares tanked.

EBIX

EBIX (NASD)•24.38•-26.36

21.0

24.5

28.0

MTWTF

31.5

35.0

7

19

31

43

55

67

Stock Price $

0

10

FM A M J J A S O N D JF

20

Volume in Millions

 The insurance software

vendor’s outside auditor re-

signedafterquestioning“un-

usual” transactions. Ebix

says it is financially healthy

andknowsofnowrongdoing.

WORKHORSE GROUP

WKHS (NASD)•16.17•-16.79

10

16

22

MTWTF

28

34

0

9

18

27

36

45

Stock Price $

0

271

FM A M J J A S O N D JF

542

Volume in Millions

 Investors had bet this

long-strugglingelectric-truck

developerwouldgetthenod

tomakenext-gentrucksfor

the U.S. Postal Service. It

didn’t...losing to Oshkosh.

PETROLEO BRASILEIRO

PBR (NYSE)•7.93•-2.12

7

8

9

MTWTF

10

11

2

5

8

11

14

17

Stock Price $

0

259

FM A M J J A S O N D JF

518

Volume in Millions

 Brazil’s president Jair

Bolsonaro muscled in and

replaced the oil company’s

chief executive—triggering

downgradesonworriesover

its future management.

ETSY

ETSY (NASD)•220.27•-7.00

190

202

214

MTWTF

226

238

24

69

114

159

204

249

Stock Price $

0

21

FM A M J J A S O N D JF

42

Volume in Millions

December-quarterresults

attheonlinecraftsshopbeat

expectations. Sales rose

129% to $617 million. Earn-

ingswere$1.08ashare;ana-

lysts had forecast 59 cents.

AIRBNB

ABNB (NASD)•206.35•5.28

170

182

194

MTWTF

206

218

0

45

90

135

180

225

Stock Price $

0

49

FM A M J J A S O N D JF

98

Volume in Millions

 In its first post-IPO re-

port, the reservations plat-

formsaidDecember-quarter

revenue fell 22% amid the

pandemic, for an $11.24 a

shareloss.Recoveryawaits.

VIATRIS

VTRS (NASD)•14.85•-3.36

14

15

16

MTWTF

17

18

11

13

15

17

19

21

Stock Price $

0

97

FM A M J J A S O N D JF

194

Volume in Millions

Therecentcombinationof

Mylan withPfizer’s mature

drugproductsgaveguidance

for $2.2 billion in 2021 free

cash flow. Wall Street found

that disappointing.

ROCKET COS

RKT (NYSE)•21.85•1.58

17

19

21

MTWTF

23

25

0

7

14

21

28

35

Stock Price $

0

101

FM A M J J A S O N D JF

202

Volume in Millions

 The mortgage and auto

lender declared a special

dividendof$1.11ashare,as

it reported earning $1.14 a

share on $4.7 billion in De-

cember-quarter revenue.
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