Barron's - USA (2021-07-12)

(Antfer) #1

July 12, 2021 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 July 9, 2021 n Edited by Bill Alpert


DIDI GLOBAL


DIDI (NYSE)•12.03•-3.50


10

11

12

MTWTF

13

14

Holiday

0

4

8

12

16

20

Stock Price $

0

274

J A S O N D J F M A M JJ

548

Volume in Millions

 Days after its NYSE de-


but,theChineseride-hailing


service saw its apps re-


moved from app stores by


China’s government, which


citedcybersecurityconcerns.


360 DIGITECH


QFIN (NASD)•26.31•-9.43


22

26

30

MTWTF

34

38

Holiday

8.0

15.5

23.0

30.5

38.0

45.5

Stock Price $

0

22

J A S O N D J F M A M JJ

44

Volume in Millions

 China’s tech crackdown


caughtupwiththeconsumer


credit platform, whose apps


were reportedly removed


fromChineseappstores,on


government orders.


PEABODY ENERGY


BTU (NYSE)•11.01•2.48


7.0

8.5

10.0

MTWTF

11.5

13.0

Holiday

0.0

2.5

5.0

7.5

10.0

12.5

Stock Price $

0

45

J A S O N D J F M A M JJ

90

Volume in Millions

 A rebound in electricity


usage and natural-gas


prices is driving utilities to


burn more coal—boosting


revenueat Peabody andri-


val Arch Resources.


BIOGEN


BIIB (NASD)•358.16•9.44


339

349

359

MTWTF

369

379

Holiday

215

268

321

374

427

480

Stock Price $

0

23

J A S O N D J F M A M JJ

46

Volume in Millions

 Weeksafterapprovingthe


company’s Alzheimer’s drug


Aduhelm,theFDAnarrowed


thedrug’sindicateduseand


beganinvestigatingitsmuch-


criticized approval decision.


TENCENT MUSIC ENTERTAINMENT GROUP


TME (NYSE)•12.88•-2.25


12

13

14

MTWTF

15

16

Holiday

10

15

20

25

30

35

Stock Price $

0

304

J A S O N D J F M A M JJ

608

Volume in Millions

 U.S.-listed stocks of Chi-


nesetechfirmssank—includ-


ingthismusic-streamingser-


vice—as China’s regulators


leaned more heavily on that


nation’s digital businesses.


SIGILON THERAPEUTICS


SGTX (NASD)•6.90•-3.45


5.0

6.5

8.0

MTWTF

9.5

11.0

Holiday

0

11

22

33

44

55

Stock Price $

0

2

J A S O N D J F M A M JJ

4

Volume in Millions

 The FDA and the firm


paused a Phase 1 trial of


Sigilon ’s treatment for he-


mophilia A after a patient


developed antibodies to a


clotting protein.


KANSAS CITY SOUTHERN


KSU (NYSE)•273.95•-10.66


255

264

273

MTWTF

282

291

Holiday

139

175

211

247

283

319

Stock Price $

0

11

J A S O N D J F M A M JJ

22

Volume in Millions

AmidreportsthattheBi-


den administration frowns


on KCS’s merger with Ca-


nadianNational ,afilingby


therailroadsarguedthedeal


preserves competition.


NEWEGG COMMERCE


NEGG (NASD)•46.69•27.49


17

33

49

MTWTF

65

81

Holiday

1.0

17.5

34.0

50.5

67.0

83.5

Stock Price $

0

58

J A S O N D J F M A M JJ

116

Volume in Millions

 Meme-stock madness


drove the market value of


this China-owned electron-


icssellerabovethatof Best


Buy ,whichhas20-timesthe


revenue of Newegg.


GALECTIN THERAPEUTICS


GALT (NASD)•3.45•0.28


2

3

4

MTWTF

5

6

Holiday

1.5

2.5

3.5

4.5

5.5

6.5

Stock Price $

0

53

J A S O N D J F M A M JJ

106

Volume in Millions

Acombinationofthelittle


firm’s investigational drug


with Merck ’sKeytrudacon-


trolled cancer in about half


the14patientsinaPhase1


study, said Galectin.


STAMPS.COM


STMP (NASD)•324.23•125.04


185

222

259

MTWTF

296

333

Holiday

117

159

201

243

285

327

Stock Price $

0

3

J A S O N D J F M A M JJ

6

Volume in Millions

 Thee-commerceshipping


firm agreed to an all-cash


buyout,worth$6.6billion,by


private-equity firm Thoma


Bravo. Rival Pitney Bowes


saw its stock rise, too.


CARVER BANCORP


CARV (NASD)•26.50•15.90


8

17

26

MTWTF

35

44

Holiday

1

10

19

28

37

46

Stock Price $

0

83

J A S O N D J F M A M JJ

166

Volume in Millions

 The Reddit crowd (and


perhaps some opportunistic


professionals) rallied to


squeeze short sellers in


sharesoftheAfrican-Ameri-


can–operated bank.


STEEL DYNAMICS


STLD (NASD)•61.50•0.78


57

59

61

MTWTF

63

65

Holiday

21.0

30.5

40.0

49.5

59.0

68.5

Stock Price $

0

10

J A S O N D J F M A M JJ

20

Volume in Millions

Withsteelpricessoaring,


theproducersaiditwillre-


purchase another $1 billion


worth of its stock. It has


bought back $1.6 billion


worth since 2016.

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