Top Rising and Falling Stocks Today (and Why)

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by NaturalHedgehog

Here’s a quick roundup of the top rising and falling stocks today (23 October 2018), as of mid-morning. This list is limited to companies with market cap >$100 million, to eliminate penny stocks rising 5000% and so forth. I also exclude VIX, short ETFs, etc, as these just reflect the market, rather than individual companies.

If this is well-received, I’ll keep posting these.

TodayCompanyDriving the stock
+12%SenseonicsBiotech device company, Aetna announced they will begin working with the company
+11%Cadence Design SystemsSoftware company, Q3 revenue/earnings beat
+10%Asbury AutomotiveOnline car sales, Q3 revenue/earnings beat
+6%TeslaCitron (major short seller) turns bullish ahead of earnings
+5%McDonald’sQ3 revenue/earnings beat
TodayCompanyDriving the stock
-24%Astec IndustriesInfrastructure quipment maker, Q3 revenue/earnings miss
-16%Moelis & CompanyInvestment bank, +9% YoY growth but earnings miss
-16%New Oriental EducationChinese education company, issued soft guidance
-14%Compass MineralsMinerals company, issued below-consensus preliminary guidance
-11%Tilray$11 billion cannabis stock, continuing to fall amidst general declines in the space
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