M8 BARRON’S October 19, 2020
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 October 16, 2020nEdited by Bill Alpert
MORGAN STANLEY
MS (NYSE)•51.85•3.02
48.049.551.0MTWTF52.554.026.032.539.045.552.058.5Stock Price $072O N D J F M A M J J A SO144Volume in MillionsTheinvestmentbanksaw
a 20% jump in sales and
tradingactivity,pushingits
third-quarter results well
beyond analysts’ expecta-
tions.
DELTA AIR LINES
DAL (NYSE)•31.47•-1.34
293031MTWTF323316.025.535.044.554.063.5Stock Price $0211O N D J F M A M J J A SO422Volume in MillionsThe airline missed fore-
castsforrevenueandearn-
ingsinthequarter,racking
upa$2.6billionpretaxloss.
Analysts praised its cost
cuttingandliquiditymoves.
ROYAL CARIBBEAN GROUP
RCL (NYSE)•58.83•-12.26
566064MTWTF687219436791115139Stock Price $080O N D J F M A M J J A SO160Volume in MillionsThecruiseoperatorsaidit
wouldraise$1billionincapi-
tal, itslatestefforttoshore
up liquidity. Stocks of the
threecruiseleadersdropped
on the news.
FASTLY
FSLY (NYSE)•84.67•-41.91
8296110MTWTF1241389356187113139Stock Price $060O N D J F M A M J J A SO120Volume in MillionsSharesofthecontent-de-
livery and edge-computing
firmplungedafteritwarned
thatresultswouldfallshort
ofguidance,reflectingslow-
ing traffic from TikTok.
Wells Fargo.........................16,26,M
WFC (NYSE)•22.86•-2.44
222324MTWTF2526212835424956Stock Price $0168O N D J F M A M J J A SO336Volume in MillionsThe bank said its third-
quarterprofitfell56%,and
it signaled it was prepared
for a wave of soured loans.
Per share earnings of 42
cents missed expectations.
CIT GROUP
CIT (NYSE)•25.00•4.79
17.019.522.0MTWTF24.527.0111927354351Stock Price $017O N D J F M A M J J A SO34Volume in MillionsThe financial company
agreed to an all-stock
merger with First Citizens
BancShares, a move that
couldcreatethe19thbiggest
bank in the U.S.by assets.
APPLE
AAPL (NASD)•119.02•2.05
115118121MTWTF124127466584103122141Stock Price $0811O N D J F M A M J J A SO1622Volume in MillionsShares dropped on the
unveiling of new iPhones.
They evidently weren’t ex-
citing enough for a stock
that had soared 6.4% the
day before the event.
VERTEX PHARMACEUTICALS
VRTX (NASD)•218.08•-51.87
209228247MTWTF266285168196224252280308Stock Price $014O N D J F M A M J J A SO28Volume in MillionsThebiotechcompanysaid
itwaspullingtheplugona
treatment some saw as a
“crown jewel” in its pulmo-
nary-drug portfolio, code-
named VX-814.
LVMH MOET HENNESSY LOUIS VUITTON
LVMUY (OTC)•101.88•3.95
9296100MTWTF1041085868788898108Stock Price $02O N D J F M A M J J A SO4Volume in MillionsRevenue for the French
luxury giant’s fashion busi-
nessreturnedtodouble-digit
growthinthethird quarter,
driven by the Louis Vuitton
and Christian Dior brands.
AMC ENTERTAINMENT HOLDINGS
AMC (NYSE)•3.04•-1.01
234MTWTF5603691215Stock Price $074O N D J F M A M J J A SO148Volume in MillionsThetheater-chainopera-
tor warned in a regulatory
filingthatitcouldrunoutof
cashbytheendofthisyear
orearly2021,addingthatit
was working to raise more.
PFIZER
PFE (NYSE)•37.95•1.16
363738MTWTF394025.028.532.035.539.042.5Stock Price $0130O N D J F M A M J J A SO260Volume in MillionsThe drug giant said its
Covid-19 vaccine, which it’s
developingwiththeGerman
BioNTech, might be ready
underemergencyuseautho-
rization, by late November.
NAVISTAR INTERNATIONAL
NAV (NYSE)•43.52•-1.31
32.035.539.0MTWTF42.546.0132027344148Stock Price $019O N D J F M A M J J A SO38Volume in Millions