Stocks that are Rising/Falling And Why (12 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 12 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.)

(And as noted below, we’re on Product Hunt today if you’re interested:

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Today Company Driving the stock
34% Uxin Limited (UXIN) Unclear, but like driven by a partnership to list used cars on Taobao (Chinese used car marketplace)
18% LexinFintech Holdings Ltd. (LX) Morgan Stanley initiated coverage (Chinese online consumer finance)
14% Live Oak Bancshares, Inc. (LOB) Downgraded to hold by Suntrust Robinson Humphrey (Small business lender)
12% Aurora Mobile Limited ADR (JG) Unclear (Chinese software)
11% Puxin Limited (NEW) Unclear (Chinese K12 education)
10% Athenex, Inc. (ATNX) Announced positive cancer drug trial results (Pharma)
9% DBV Technologies S.A. (DBVT) Showed new treatment for immunological disorders (Pharma)
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Today Company Driving the stock
-21% Neurocrine Biosciences, Inc. (NBIX) Announced poor study results (Pharma)
-18% Yangtze River Port and Logistics Limited (YRIV) Mixed reactions to its response to a short-seller (Chinese real estate)
-11% Dave & Buster’s Entertainment, Inc. (PLAY) Revenue/earnings miss (Entertainment centers)
-9% Just Energy Group, Inc. (JE) Downgraded to Perform by Royal Bank of Canada (Energy)
-9% Uniti Group Inc. (UNIT) Morgan Stanley downgraded to Underperform (Real estate focused on communications infrastructure)



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