Market Movers, August.19th

8:01am, Dow futures 26,176, up 269 points, volume 42,7278

reuters front page archived

“US grants Huawei another 90 days to buy from American suppliers: Ross”

8:15am, DPW up 305%, volume 1,185,027. They issued a press release today for a fintech beta. Currently 1 million shares outstanding

8:26am, PCG is down 23% on 420,024 shares after judge says wildfire victims can challenge the ruling that the company was not responsible for the fires. Barrons reports

George Economou buys the rest of Dryships for $5.25 per share. Link

“Tailored Brands announces sale of corporate apparel business for $62M in cash”, link

8:33am, ARMK is up 12% on 51,735 shares after Mantle Ridge filed a 13-D after market close on Friday declaring ownership of 9.8% of the class.

“Stocks making the biggest moves premarket: Estee Lauder, Palo Alto Networks, Nvidia & more”, CNBC reports

8:52am, YUMA is up 155% on 370,938 shares, provides corporate update
They also effectuated a reverse split at the beginning of July

Estee Lauder jumps on ‘outstanding’ earnings beat, positive outlook (EL), Businessinsider

The CEOs of nearly 200 companies just said shareholder value is no longer their main objective

JP Morgan: Don’t buy the dip until September, CNBC reports

The market was acting strange. The Dow opened up 250 points and then just held with little volatility

Leave a Reply

%d bloggers like this: