Barron\'s 03.16.2020

March 16, 2020 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 on March 13, 2020nEdited by Bill Alpert

OCCIDENTAL PETROLEUM

OXY (NYSE)•14.26•-12.60

8.0

11.5

15.0

MTWTF

18.5

22.0

9.0

22.5

36.0

49.5

63.0

76.5

Stock Price $

0

212

M A M J J A S O N D J FM

424

Volume in Millions

Withoilpricesinfree-fall

asRussiaandOPECfailed

to agree on production

curbs, the debt-laden U.S.

producer cut its quarterly

dividend by 86%.

CABOT OIL & GAS

COG (NYSE)•18.37•2.00

15.0

16.5

18.0

MTWTF

19.5

21.0

12.0

15.5

19.0

22.5

26.0

29.5

Stock Price $

0

66

M A M J J A S O N D J FM

132

Volume in Millions

Thenatural-gasproducer

benefited from hopes that

anoilpricedropwillreduce

the supply of gas produced

incident to oil production.

That could lift gas prices.

ELDORADO RESORTS

ERI (NASD)•18.22•-15.43

13.0

17.5

22.0

MTWTF

26.5

31.0

12

24

36

48

60

72

Stock Price $

0

21

M A M J J A S O N D J FM

42

Volume in Millions

 Investors shunned the

casino and resort operator,

which is buying Caesars

Entertainment.Otherfalling

hotelstocksincludedWynd-

ham and Park Hotels.

NORWEGIAN CRUISE LINE

NCLH (NYSE)•11.10•-16.00

8.0

12.5

17.0

MTWTF

21.5

26.0

7

18

29

40

51

62

Stock Price $

0

64

M A M J J A S O N D J FM

128

Volume in Millions

TheU.S.governmenttold

Americans to avoid cruise

ships. President Trump

banned travelers from Eu-

rope. Rival Carnival sus-

pendeditsPrincessCruises.

SLACK TECHNOLOGIES

WORK (NYSE)•19.59•-6.83

14.0

17.5

21.0

MTWTF

24.5

28.0

0.0

8.5

17.0

25.5

34.0

42.5

Stock Price $

0

91

M A M J J A S O N D J FM

182

Volume in Millions

 Although revenue rose

49%inthequarterendedin

January, to reach $174 mil-

lion, the collaboration soft-

ware firm’s conservative

guidance soured investors.

GAP

GPS (NYSE)•10.81•-2.38

9

10

11

MTWTF

12

13

8.0

12.5

17.0

21.5

26.0

30.5

Stock Price $

0

33

M A M J J A S O N D J FM

66

Volume in Millions

Whilecautiousinitsout-

look, the clothing retailer

said sales rose 1% in its

January quarter and lifted

profitsto58centsashare—

adjustingforstoreclosings.

ORACLE

ORCL (NYSE)•47.93•0.56

39

42

45

MTWTF

48

51

39.0

43.5

48.0

52.5

57.0

61.5

Stock Price $

0

86

M A M J J A S O N D J FM

172

Volume in Millions

Salesgrew2%intheFeb-

ruary quarter—as the soft-

ware giant had guided—to

yield earnings of 97 cents a

share. Oracle will buy back

$15 billion more shares.

CINEMARK HOLDINGS

CNK (NYSE)•14.70•-8.88

12

15

18

MTWTF

21

24

11.0

17.5

24.0

30.5

37.0

43.5

Stock Price $

0

14

M A M J J A S O N D J FM

28

Volume in Millions

 Movie studios postponed

newreleases,andthetheater

industrybracedforgovern-

ment-orderedshutdowns—as

the virus pandemic halted

other large gatherings.

STITCH FIX

SFIX (NASD)•13.26•-9.52

11

14

17

MTWTF

20

23

11.0

16.5

22.0

27.5

33.0

38.5

Stock Price $

0

44

M A M J J A S O N D J FM

88

Volume in Millions

Salesrose22%intheon-

lineclothier’sJanuaryquar-

ter,tohit$452million,while

earningspersharewere11

cents.Butinvestorsdisliked

guidance for 15% growth.

SCHLUMBERGER

SLB (NYSE)•16.16•-7.69

12

14

16

MTWTF

18

20

11

20

29

38

47

56

Stock Price $

0

119

M A M J J A S O N D J FM

238

Volume in Millions

 WithRussiadrivingdown

oilpricestohurtU.S.frack-

ers, investors feared for the

growth—and dividends—of

service firms like Schlum-

berger and Halliburton.

DOCUSIGN

DOCU (NASD)•77.32•-6.70

62

67

72

MTWTF

77

82

42.0

52.5

63.0

73.5

84.0

94.5

Stock Price $

0

19

M A M J J A S O N D J FM

38

Volume in Millions

 The electronic-signature

outfithada38%jumpinrev-

enue in its January quarter,

to $275 million. Non-GAAP

earningsof12centsashare

beat the five cents forecast.

CYPRESS SEMICONDUCTOR

CY (NASD)•23.11•6.74

13

16

19

MTWTF

22

25

13.0

15.5

18.0

20.5

23.0

25.5

Stock Price $

0

92

M A M J J A S O N D J FM

184

Volume in Millions

 The U.S. government

OK’d the chip maker’s ac-

quisitionbyGermany’sInfi-

neon Technologies. Now,

they’re awaiting clearance

from China’s government.