Barron's - USA (2021-11-22)

November 22, 2021 BARRON’S 43

Charting the Market

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

dottedlineonsomegraphsdenotesthestock’s200-daymovingaverage;lackofamovingaveragemeanstheshareshavetradedforlessthanthattimeperiod.

A graphic look at selected stock activity for the week ended November 19, 2021nEdited by Bill Alpert

NVIDIA

NVDA(NASD)•329.85•25.95

286

297

308

MTWTF

319

330

99

144

189

234

279

324

Stock Price $

0

144

N D J F M A M J J A S ON

288

Volume in Millions

 Salesrose50%inthechip

maker’s October quarter, to

$7 billion. Non-GAAP earn-

ingswereup60%,to$1.17a

share.Datacentersalesrose

55%.TheOmniverseawaits.

MACY'S

M (NYSE)•34.71•4.25

30

32

34

MTWTF

36

38

6

12

18

24

30

36

Stock Price $

0

137

N D J F M A M J J A S ON

274

Volume in Millions

 The department store

chain said it hired advisors

to consider a spinoff of its

onlinebusiness.Meanwhile,

comp-store sales rose 37%

in the October quarter.

INTUIT

INTU (NASD)•692.34•65.35

621

645

669

MTWTF

693

717

297

382

467

552

637

722

Stock Price $

0

6

N D J F M A M J J A S ON

12

Volume in Millions

 Thesoftwarefirmexpects

27% sales growth this fiscal

year.Oct.-quartersalesgrew

50%, to $2 billion, with non-

GAAP EPS of $1.53. Wall

Streethadforecast99cents.

LUCID

LCID (NASD)•55.21•11.28

40

45

50

MTWTF

55

60

2

15

28

41

54

67

Stock Price $

0

411

N D J F M A M J J A S ON

822

Volume in Millions

 The electric-car start-up

finisheditsSeptemberquar-

terbeforesellingitsfirstcar,

but with $4.8 billion in cash.

It has 17,000 reservations,

worthapotential$1.7billion.

AUTONATION

AN (NYSE)•117.85•-10.83

115

120

125

MTWTF

130

135

46

64

82

100

118

136

Stock Price $

0

6

N D J F M A M J J A S ON

12

Volume in Millions

 Saying electric vehicles

threaten traditional dealer-

ships, Morgan Stanley put

SellratingsonAutoNation,

PenskeAutomotiveGroup,

andSonic Automotive.

TILRAY

TLRY (NASD)•10.93•-2.01

10

11

12

MTWTF

13

14

6

13

20

27

34

41

Stock Price $

0

355

N D J F M A M J J A S ON

710

Volume in Millions

 A Barclays analyst

launched coverage of the

cannabis industry with Sell

ratings onTilrayandCro-

nosGroup.CanopyGrowth

got a Neutral rating.

MICRON TECHNOLOGY

MU (NASD)•83.03•5.73

75

78

81

MTWTF

84

87

49

59

69

79

89

99

Stock Price $

0

92

N D J F M A M J J A S ON

184

Volume in Millions

 An Evercore ISI analyst

addedthebeaten-downstock

ofthememory-chipmakerto

his top picks, arguing that

earningscouldpickupinthe

first half of next year.

DICERNA PHARMACEUTICALS

DRNA(NASD)•37.92•15.76

16

22

28

MTWTF

34

40

17

22

27

32

37

42

Stock Price $

0

21

N D J F M A M J J A S ON

42

Volume in Millions

NovoNordiskwillbuythe

RNA-interference specialist

for $3.3 billion cash, to pur-

sue drugs for diabetes, obe-

sity,andheartdisease.They

first teamed up in 2019.

PLUG POWER

PLUG (NASD)•44.55•1.41

38

40

42

MTWTF

44

46

9

22

35

48

61

74

Stock Price $

0

240

N D J F M A M J J A S ON

480

Volume in Millions

Amonghydrogenfuel-cell

stocks, Citigroup’s analyst

urged buyingPlug Power

and sellingBallard Power

Systems—saying the latter

has done poorly in China.

ALIBABA

BABA (NYSE)•140.34•-26.47

136

145

154

MTWTF

163

172

138

166

194

222

250

278

Stock Price $

0

120

N D J F M A M J J A S ON

240

Volume in Millions

 The e-commerce firm cut

guidancefortheyear’ssales

growth—from 30%, to less

than23%.Last-quartersales

were$31billion;WallStreet

had expected $40 billion.

FARFETCH

FTCH (NYSE)•39.26•-7.11

36

39

42

MTWTF

45

48

20

31

42

53

64

75

Stock Price $

0

40

N D J F M A M J J A S ON

80

Volume in Millions

Theluxury-goodsretailer

reportedSept.-quartersales

of$583million—shortofthe

consensus forecast of $591

million. Farfetch also

trimmeditssalesguidance.

STANDARD LITHIUM

SLI (NYSE)•9.28•-1.09

6

8

MTWTF

10

12

0

3

6

9

12

15

Stock Price $

0

15

N D J F M A M J J A S ON

30

Volume in Millions

ActivistshortsellerBlue

Orca Capital raised doubts

aboutthecompany’sArkan-

sas lithium project.Stan-

dardLithiumsaiditsdemo

plant will prove feasible.