Stocks that are Rising/Falling And Why (10 December 2018)

by NaturalHedgehog


Each day I go through the top rising and falling stocks today, and look for (a) what the company actually does, and (b) why the stock is moving so much. Hopefully this saves you some digging!

Below are my notes from 10 December 2018 as of mid-morning. (This list is limited to companies with market cap >$500 million, and also excludes VIX, short ETFs, etc, as these just reflect the market, rather than individual companies.)

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Today Company Driving the stock
44% Xperi Corporation (XPER) Raised Q4 and full-year guidance (Semis packaging)
28% NutriSystem Inc (NTRI) Being acquired by Tivity Health for $1.4 billion (Weight loss products)
21% Uxin Limited (UXIN) Unclear (Chinese used car online marketplace)
16% Systemax Inc. (SYX) Declares $6.50 one-time special dividend (Industrial products)
9% Kiniksa Pharmaceuticals, Ltd. (KNSA) Unclear, possibly re-tracing after falling last week (Pharma)
Today Company Driving the stock
-34% Tivity Health, Inc. (TVTY) Acquiring NutriSystem for $1.4 billion (Wellness and fitness programs)
-25% MacroGenics, Inc. (MGNX) Downgraded by analyst Raymond James (Pharma)
-14% Marine Products Corporation (MPX) Downgraded by analyst B. Riley (Fiberglass powerboats)
-13% Gritstone Oncology Inc. (GRTS) Unclear, but perhaps due to general sell-off in Pharma (Pharma, oncology)
-13% Taro Pharmaceutical Industries Ltd. (TARO) Unclear, but perhaps due to general sell-off in Pharma (Pharma, oncology)
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