M8 BARRON’S August 5, 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 August 2, 2019 n Edited by Bill Alpert
APHRIA
APHA(NYSE)•7.33•1.83
456MTWTF78369121518Stock Price $064A S O N D J F M A M J J128Volume in MillionsThe Canadian firm sold
5.6metrictonsofcannabisin
its May quarter, double the
preceding quarter’s disap-
pointinglevel.Analystscele-
brated the turnaround.
MYLAN
MYL (NASD)•19.84•1.38
192021MTWTF2223162126313641Stock Price $055A S O N D J F M A M J J110Volume in MillionsPfizer will merge its off-
patentproductsunitUpjohn
into the generic drugmaker,
for $12 billion. Investors
cheered for Mylan and
dumpedtheshrunkenPfizer.
NETAPP
NTAP (NASD)•46.04•-13.07
43.047.552.0MTWTF56.561.043.052.562.071.581.090.5Stock Price $015A S O N D J F M A M J J30Volume in MillionsA broad slowdown in
spendingoncomputerhard-
ware is hurting sales, said
the data-storage company
as it predicted a 17% drop
in revenue this year.
BEST BUY
BBY (NYSE)•68.53•-9.22
66.569.572.5MTWTF75.578.5465462707886Stock Price $020A S O N D J F M A M J J40Volume in MillionsIn tweets, Trump vowed
to extend tariffs to all Chi-
neseimportsinSeptember—
toppling shares of the elec-
tronics chain and retailers
likeGap,Macy’s,andKohl’s.
CHEMOURS
CC (NYSE)•14.69•-4.80
131517MTWTF1921132129374553Stock Price $013A S O N D J F M A M J J26Volume in MillionsThe DuPont chemical
spinoffcutguidancefor2019
earningstolessthan$3.08a
share—from over $4 previ-
ously—after weak June-
quarter sales and earnings.
ZEBRA TECHNOLOGIES
ZBRA(NASD)•198.93•9.28
186195204MTWTF213222128150172194216238Stock Price $03A S O N D J F M A M J J6Volume in MillionsJune-quarter sales rose
8%, while earnings grew
22% for the vendor of bar-
code scanners and RFID
gear.Zebraalsoannounced
a $1 billion stock buyback.
Whiting Petroleum......................M
WLL (NYSE)•11.06•-4.92
91215MTWTF18219.018.528.037.547.056.5Stock Price $032A S O N D J F M A M J J64Volume in MillionsOil prices fell on Trump’s
tweeted plan to impose tar-
iffs on $300 billion worth of
Chinese goods. Fears of a
macroslowdownhitstocksof
oil producers like Whiting.
2U
TWOU (NASD)•13.68•-21.89
101724MTWTF3138102744617895Stock Price $039A S O N D J F M A M J J78Volume in MillionsAs more universities go
online,thecompanywarned
of lower enrollments in the
web-basedclassesitrunsfor
schools like UNC and Har-
vard. Tuition is dropping.
MGP INGREDIENTS
MGPI (NASD)•56.98•-12.53
45.051.558.0MTWTF64.571.04355677991103Stock Price $03A S O N D J F M A M J J6Volume in MillionsThecontractdistiller’sbet
onbuildinginventoriesofits
ownwhiskeyisn’tyetpaying
off, as it reported declining
sales of its aged whiskey.
Hasbourbon’sbubbleburst?
BEYOND MEAT
BYND (NASD)•177.11•-57.79
168188208MTWTF22824804998147196245Stock Price $041A S O N D J F M A M J J82Volume in MillionsThe meat-alternatives
sellerreported$67millionin
June-quarter sales—but an
unexpectedly big loss of 16
centsashare.Then,insiders
unloadedinastockoffering.
MYRIAD GENETICS
MYGN (NASD)•47.08•18.15
263238MTWTF4450212733394551Stock Price $09A S O N D J F M A M J J18Volume in MillionsThe genetic-testing com-
panysaidthatUnitedHealth
Group agreed to cover its
newtestthatguidespsychi-
atristsinchoosingdrugsfor
hard-to-treat depression.
SQUARE
SQ (NYSE)•69.60•-12.21
657075MTWTF80854859708192103Stock Price $091A S O N D J F M A M J J182Volume in Millions