M8 BARRON’S October 21, 2019
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 on October 18, 2019 n Edited by Bill Alpert
NETFLIX
NFLX (NASD)•275.30•-7.63
270280290MTWTF300310228260292324356388Stock Price $052O N D J F M A M J J A SO104Volume in MillionsThe big streamer almost
metforecastsforSeptember-
quartersubscribergrowth—
areliefafterthepriorquar-
ter’s big miss. Analysts
debated the threat of rivals.
SLACK TECHNOLOGIES
WORK (NYSE)•21.81•-4.18
21.022.524.0MTWTF25.527.00.08.517.025.534.042.5Stock Price $091O N D J F M A M J J A SO182Volume in MillionsA Morgan Stanley ana-
lyst cut price targets for
Slackandotherenterprise-
softwarefirmslikeService-
Now. He likes them but
findsthestocksovervalued.
MCKESSON
MCK (NYSE)•152.26•17.52
131137143MTWTF149155105115125135145155Stock Price $07O N D J F M A M J J A SO14Volume in MillionsThe Wall Street Journal
saidthedrugdistributorand
its peers, Cardinal Health
andAmerisourceBergen,are
trying to settle state and
local suits over opioids.
INTUITIVE SURGICAL
ISRG (NASD)•566.25•48.22
514529544MTWTF559574425458491524557590Stock Price $05O N D J F M A M J J A SO10Volume in MillionsSalesrose23%inthesur-
gical-robotmaker’sSeptem-
ber quarter, as it shipped
19% more systems than a
yearago.Earningsof$3.33a
share also beat estimates.
GILDAN ACTIVEWEAR
GIL (NYSE)•26.28•-8.51
22.025.529.0MTWTF32.536.0222630343842Stock Price $010O N D J F M A M J J A SO20Volume in MillionsBlaming weak demand,
the clothing firm expects to
reporta7%dropinSeptem-
ber-quarter earnings, on a
2% drop in sales. Analysts
cutratingsandpricetargets.
WORKDAY
WDAY (NASD)•154.54•-25.90
149159169MTWTF179189115138161184207230Stock Price $012O N D J F M A M J J A SO24Volume in MillionsAnalystsslicedtheirprice
targets after a conference
wherethehuman-resources
software firm reportedly
said its growth is slowing
and its deals delayed.
INTERNATIONAL BUSINESS MACHINES
IBM (NYSE)•134.09•-8.67
131135139MTWTF143147104114124134144154Stock Price $044O N D J F M A M J J A SO88Volume in MillionsLower volumes of out-
sourcingbusinessinEurope
ledtoa4%dropinSeptem-
ber-quarter revenue at the
computing giant. But earn-
ingsandguidancewereOK.
REATA PHARMACEUTICALS
RETA(NASD)•184.91•89.10
92117142MTWTF1671924070100130160190Stock Price $05O N D J F M A M J J A SO10Volume in MillionsThe drug developer will
seekmarketingapprovalfor
itstreatmentofarareneu-
romuscular disorder, called
Friedreich’s Ataxia, after a
successful Phase 2 trial.
ACHILLION PHARMACEUTICALS
ACHN (NASD)•6.09•2.46
345MTWTF670.01.53.04.56.07.5Stock Price $039O N D J F M A M J J A SO78Volume in MillionsAlexion Pharmaceuticals
will buy the drug developer
for$930million,pluspayouts
if Achillion treatments get
approval. Both firms target
immune-related disorders.
UNITEDHEALTH GROUP
UNH (NYSE)•245.34•23.27
216224232MTWTF240248207224241258275292Stock Price $037O N D J F M A M J J A SO74Volume in MillionsAmid campaign talk of
“MedicareforAll,”thehealth
insurergrewrevenues7%in
its September quarter and
beat earnings forecasts.
CignaandAnthemrose,too.
TECH DATA
TECD (NASD)•124.03•16.51
104111118MTWTF125132657891104117130Stock Price $04O N D J F M A M J J A SO8Volume in MillionsApollo Global Manage-
ment has offered to buy the
electronics distributor for
$130 a share, or $4.7 billion,
according to Reuters. Tech
Data declined comment.
POOL
POOL (NASD)•217.46•14.20
191201211MTWTF221231135154173192211230Stock Price $02O N D J F M A M J J A SO4Volume in MillionsThe distributor of swim-
ming-pool supplies handily
beatforecastsforSeptember-
quartersalesandearnings.It
raised its guidance for the
year’s EPS, to about $6.30.