Top Rising/Falling Stocks Today (and Why)

Sharing is Caring!

by NaturalHedgehog

Quick roundup of the top rising and falling stocks today (1 November 2018), as of mid-morning. This list is limited to companies with market cap >$100 million, and also excludes VIX, short ETFs, etc, as these just reflect the market, rather than individual companies.

Today Company About Driving the stock
+26% Fitbit (FIT) Wearables/smartwatches Strong Q3, sold 3.5m devices versus estimate of 3.42m
+24% FormFactor (FORM) Electrical test & measurement Q3 revenue/earnings beat
+24% LendingTree (TREE) Online financial products comparison Q3 revenue/earnings beat, announced acquisition of QuoteWizard
+21% 1-800 Flowers (FLWS) Ecommerce (flower delivery) Q3 revenue/earnings beat
+21% Floor & Decor (FND) Flooring & housing supplies Q3 revenue/earnings beat
See also  ‘Fast’ market sell-off is coming warns Gareth Soloway; Stocks haven’t done this since start of pandemic
Today Company About Driving the stock
-18% AMAG Pharmaceuticals (AMAG) Pharma (treats iron deficiency) Beats revenue but misses earnings
-16% Ballard Power Systems (BLPD) Fuel cells Misses revenue/earnings
-16% Hamilton Lane (HLNE) Private equity JPMorgan downgraded the stock ahead of earnings next week
-16% Encana Corporation (ECA) Natural gas Weak Q3 earnings
-16% Emerald Exposition (EEX) Organizer of B2B trade shows Q3 revenue miss, earnings beat, CEO to step down

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.