Barron\'s - 09.09.2019

(Kiana) #1

M8 BARRON’S September 9, 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 September 6, 2019 n Edited by Bill Alpert


LULULEMON ATHLETICA


LULU (NASD)•203.14•18.47


177

184

191

MTWTF

198

205

Holiday

97

119

141

163

185

207

Stock Price $

0

17

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

34

Volume in Millions

Theathleisure-wearseller


grewrevenue22%initsJuly


quarter, powered by same-


storesalesgrowthof15%.It


raisedits2019earningsout-


look by 3%.


DOCUSIGN


DOCU (NASD)•56.27•9.58


44

48

52

MTWTF

56

60

Holiday

24.0

32.5

41.0

49.5

58.0

66.5

Stock Price $

0

19

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

38

Volume in Millions

 Losses widened at the


electronic-signature com-


pany to 39 cents a share in


the July quarter, but its


41%revenuerisewasbetter


than expected.


MALLINCKRODT


MNK (NYSE)•1.87•-0.72


1.0

1.5

2.0

MTWTF

2.5

3.0

Holiday

1

8

15

22

29

36

Stock Price $

0

40

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

80

Volume in Millions

 Thedrugmakerdidn’tcon-


firm or deny a Bloomberg


reportthatMallinckrodthad


hired bankruptcy advisors,


as it deals with over 2,000


lawsuitsoveritsopioidsales.


CLOUDERA


CLDR (NYSE)•8.80•1.66


7.0

7.5

8.0

MTWTF

8.5

9.0

Holiday

4.0

7.5

11.0

14.5

18.0

21.5

Stock Price $

0

55

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

110

Volume in Millions

Astheclouddata-storage


companytriesaturnaround,


it reported a smaller July-


quarter“adjusted”lossthan


expected—at two cents a


share. Revenue rose 16%.


CLEVELAND-CLIFFS


CLF (NYSE)•7.26•-0.68


6.0

6.5

7.0

MTWTF

7.5

8.0

Holiday

6.0

7.5

9.0

10.5

12.0

13.5

Stock Price $

0

48

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

96

Volume in Millions

 Iron-ore prices dropped


as the U.S.-China trade


fight dampened demand


fromChinesesteelmakers.


Cleveland-Cliffs is Amer-


ica’slargestiron-oreminer.


VERA BRADLEY


VRA(NASD)•8.85•-1.74


7

8

9

MTWTF

10

11

Holiday

7.5

9.5

11.5

13.5

15.5

17.5

Stock Price $

0

5

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

10

Volume in Millions

 Sales rose in the July


quarter at the maker of


handbags and accessories—


but so did costs. Profits fell


to 17 cents a share, from 26


cents a year ago.


SIGNET JEWELERS


SIG (NYSE)•14.04•1.80


10.0

11.5

13.0

MTWTF

14.5

16.0

Holiday

9

21

33

45

57

69

Stock Price $

0

17

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

34

Volume in Millions

Same-storesalesfell1.5%


in the jeweler’s July quar-


ter, instead of the 3% drop


that analysts had feared.


Signet raised its full-year


earnings forecast by 2%.


MEREDITH


MDP (NYSE)•34.40•-9.38


31.0

34.5

38.0

MTWTF

41.5

45.0

Holiday

30.0

36.5

43.0

49.5

56.0

62.5

Stock Price $

0

5

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

10

Volume in Millions

 The publisher of People


and Better Homes & Gar-


dens expects cash flow this


year of less than $675 mil-


lion,insteadofthe$800mil-


lionanalystshadprojected.


TYSON FOODS


TSN (NYSE)•86.04•-7.00


84

87

90

MTWTF

93

96

Holiday

48.0

57.5

67.0

76.5

86.0

95.5

Stock Price $

0

11

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

22

Volume in Millions

Citingaplantfireandan


accounting reversal, the


meatpackercutitsguidance


forthisyear’searningstoa


midpointofabout$5.50per


share, from $5.90.


CROWDSTRIKE HOLDINGS


CRWD (NASD)•75.98•-5.30


74

78

82

MTWTF

86

90

Holiday

0

21

42

63

84

105

Stock Price $

0

19

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

38

Volume in Millions

Thoughthecybersecurity


outfit increased revenue


guidance for the year, its


outlook was less aggressive


than fans had hoped. July-


quarter revenue rose 94%.


EMERGENT BIOSOLUTIONS


EBS (NYSE)•56.08•12.28


44

48

52

MTWTF

56

60

Holiday

38.0

45.5

53.0

60.5

68.0

75.5

Stock Price $

0

3

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

6

Volume in Millions

 A10-yearcontracttosup-


ply smallpox vaccine to the


governmentwillbring$2bil-


lion to the company. The


stockpileprotectsAmericans


from bioterrorism.


ARDELYX


ARDX (NASD)•4.87•1.47


3

4

5

MTWTF

6

7

Holiday

1.5

2.5

3.5

4.5

5.5

6.5

Stock Price $

0

14

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

28

Volume in Millions

 The drug developer re-


portedasuccessfulPhase3


study of its treatment for


high blood levels of phos-


phorus in patients under-


going kidney dialysis.

Free download pdf