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 (22 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.

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

TodayCompanyDriving the stock
+51%American RailcarBought for $1.75 billion by ITE ($70/share)
+17%DryShipsBaltic Dry Index shows a gain for the third consecutive day
+14%PetMed ExpressStrong earnings with in-line revenue and above-consensus earnings
+9%FunkoStrong sales from recent cereal box products
+7%Summit MidstreamUnclear why it’s up
TodayCompanyDriving the stock
-28%Adaptimmune TherapeuticsPoor results from cancer trial
-21%Clovis OncologyCancer trial disappoints
-18%Mirati TherapeuticsCancer trial disappoints
-18%Opus BankPrivate bank, Missed revenue by -10%, missed earnings by -30%
-14%Tilray$11 billion cannabis stock, falling amidst general declines in the space

See the full list at Bravos Markets

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