![]() Here's a look at what's moving the shares of CETX, ZGNX, and NVAX. Several individual stock are surging, though, including tech concern Cemtrex Inc (NASDAQ:CETX), as well as pharma stocks Zogenix Inc (NASDAQ:ZGNX) and Novavax Inc. The Dow has pared its gains after Larry Kudlow's tariff comments spooked investors. MO is now back below its year-to-date breakeven, too, and is down 14.8% year-over-year. Nevertheless, the equity is down 1.8%, trading just below recent support in the $48 region, extending its channel of lower lows in place since early April. Cowen & Co rushed to comment on the new ban, saying it was unlikely similar laws would spread to other cities soon. Altria Stock Slips Amid San Francisco Vape BanĪ newly approved ban on e-cigarette sales in San Francisco had shares of MO hitting a six-month low of $47.62 earlier. Most active is the January 2020 55-strike call, followed by the July 37.50 call, with positions likely being bought to open here. So far 61,000 call contracts have changed hands - five times the average intraday call volume, and more than double the number of puts traded. WDC's pop has options bulls coming out in droves. WDC is up 7.9% at $44.33, in response, set to close well above its 40-day moving average for the first time in almost two months. WDC got an upgrade from Craig-Hallum, too, which lifted its recommendation to "buy" from "hold," and raised its price target to $54 from $49. Western Digital is enjoying a halo lift with other semiconductor stocks, on sector peer Micron's (MU) impressive quarterly earnings report. WDC Stock Gets a Halo Lift With Chip Stocks BTIG analysts, meanwhile, said the CFO exit "raises a red flag." While most analysts are already cautious of the stock, with four "hold" or worse ratings on the table, two still consider it a "strong buy." Plus, the consensus 12-month target price of $177.67 represents a 53.4% premium to current levels, leaving CRCM vulnerable to even more negative attention from the brokerage bunch. CRCM stock is set for its worst day on record, down 20% at $11.28, and hit a two-year low of $10.89 earlier today.Ĭraig-Hallum has already slammed the stock with a downgrade, too, cutting its rating to "hold" from "buy" and its price target to $15 from $18. of Finance Michael Goss will likely serve as acting CFO. Stock Eyes Worst Day Ever After CFO ResignationĬare.com stock has hit the bottom of the New York Stock Exchange (NYSE), after CFO Michael Echenberg announced his resignation, which will go into effect at the end of August. Here's a look at what's moving the shares of CRCM, WDC and MO. Several individual stocks are on analysts' radar today, too, including caregiver concern Inc (NYSE:CRCM), data storage name Western Digital Coporation (NASDAQ:WDC), and Altria Group Inc (NYSE:MO). The Dow is higher on the latest trade comments.
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