2020-05-28 13:17:07 $NSD NASDAQ Market Internals
05/28/20 05/2813:17 05/28/2013:17 | NASDAQ market internals summaryVolume is above average for this time of day. Breadth is bullish across the board. Advancing Issues: 1763 / Declining Issues: 1418 -- for a ratio of 1.2 to 1. Advancing Volume: 1,295,131,000 / Declining Volume: 845,763,000 -- for a ratio of 1.5 to 1. New 52-Week Highs: 73 / New 52-Week Lows: 9. |
---|
General news
| Asian market Update: The… Story temporarily locked. |
General news
| U.S. jobless claims… Story temporarily locked. |
General news
| U.S. GDP preview:… Story temporarily locked. |
General news
| U.S. new home sales… Story temporarily locked. |
Syndicate
|
Agrify 5.4M share IPO priced at $10.00 »
21:11 01/27/21 01/2721:11 01/27/2121:11
AGFY
Agrify
The deal size was… The deal size was increased to 5.4M shares from 5.0M and priced at high end of $8.00-$10.00 range. Maxim and Roth Capital are acting as joint book running managers for the offering. ShowHide Related Items >><<
|
Hot Stocks
|
Agora to acquire Easemob, terms not stated »
21:10 01/27/21 01/2721:10 01/27/2121:10
API
Agora
Agora announced that it… Agora announced that it has entered into a definitive agreement to acquire Easemob, a provider of instant messaging APIs and customer engagement cloud services in China, in an all-cash transaction. The transaction is expected to close during the first quarter of 2021, subject to the satisfaction of customary closing conditions. ShowHide Related Items >><<
|
Hot Stocks
|
Tesla CEO says focused on execution, continues to build 'a lot of new capacity' »
20:45 01/27/21 01/2720:45 01/27/2120:45
TSLA
Tesla
Tesla CEO Elon Musk says:… Tesla CEO Elon Musk says: Ramped the Model 3 in Shanghai to more than 5,000 cars a week sustainably, and Shanghai continues to grow rapidly. Says Giga Berlin and Giga Texas, are expected to start production later this year. Says planning to raise the price of the new models of Model S by $10K. Says company has made massive progress on Full Self-Driving. Says Tesla is definitely going to make an electric van at some point, but the thing to bear in mind is that there is fundamentally a constraint on battery cell output. Says "I do expect to be running the company for several years into the future. Now obviously, nobody is or should be CEO forever." Comments taken from Q4 earnings conference call transcript. ShowHide Related Items >><<
|
Syndicate
|
Ortho Clinical 76M share IPO priced at $17.00 »
20:30 01/27/21 01/2720:30 01/27/2120:30
OCDX
Ortho Clinical
The deal size was… The deal size was increased to 76M shares from 70M and priced below the $20.00-$23.00 range. JPMorgan, BofA, Goldman Sachs, Barclays and Morgan Stanley are acting as joint book running managers for the offering. ShowHide Related Items >><<
|
Hot Stocks
|
SPDR Gold Shares holdings fall from 1,172.38MT to 1,169.17MT »
20:28 01/27/21 01/2720:28 01/27/2120:28
GLD
SPDR Gold Shares
This is the second… This is the second consecutive decrease and the lowest level of holdings since January 14th. ShowHide Related Items >><<
|
Syndicate
|
Digital Ally prices 14.3M shares in registered direct offering at $2.80 »
20:26 01/27/21 01/2720:26 01/27/2120:26
DGLY
Digital Ally
Kingswood Capital… Kingswood Capital Markets, division of Benchmark Investments, Inc., is acting as exclusive placement agent for the offering. ShowHide Related Items >><<
|
Earnings
|
Notable companies reporting before tomorrow's open »
20:25 01/27/21 01/2720:25 01/27/2120:25
MA
MasterCard
Comcast
Comcast
Danaher
McDonald's
Altria Group
Sherwin-Williams
Stanley Black & Decker
Southwest
McCormick
Tractor Supply
PulteGroup
WestRock
American Airlines
Brunswick
JetBlue
Valley National
Alliance Data
Notable companies… Notable companies reporting before tomorrow's open, with earnings consensus, include MasterCard (MA), consensus $1.51... Comcast (CMCSA), consensus 48c... Danaher (DHR), consensus $1.87... McDonald's (MCD), consensus $1.78... Altria Group (MO), consensus $1.02... Sherwin-Williams (SHW), consensus $4.85... Stanley Black & Decker (SWK), consensus $2.98... Southwest Airlines (LUV), consensus ($1.68)... McCormick (MKC), consensus 89c... Tractor Supply (TSCO), consensus $1.51... PulteGroup (PHM), consensus $1.40... WestRock (WRK), consensus 54c... American Airlines (AAL), consensus ($4.11)... Brunswick (BC), consensus $1.02... JetBlue (JBLU), consensus ($1.69)... Valley National Bancorp (VLY), consensus 26c... Alliance Data Systems (ADS), consensus $2.41. ShowHide Related Items >><<
|
Upgrade
|
Entain upgraded to Overweight from Equal Weight at Barclays »
20:16 01/27/21 01/2720:16 01/27/2120:16
GMVHF
Entain
Barclays analyst James… Barclays analyst James Rowland Clark upgraded Entain (GMVHF) to Overweight from Equal Weight with a 1600 GBp price target. The analyst notes that he has assessed the U.S. sports betting and i-gaming market, and he believes that the JV between Entain and MGM (MGM) - BetMGM is "materially undervalued" as it is expected to be a top 4 player in the U.S. market in the long term. U.K. regulation is a concern, but the potential upside from the company's U.S. trumps that regulatory risk, Clark tells investors in a research note. ShowHide Related Items >><<
|
Downgrade
|
LafargeHolcim downgraded to Neutral from Outperform at Exane BNP Paribas »
20:09 01/27/21 01/2720:09 01/27/2120:09
HCMLY
LafargeHolcim
Exane BNP Paribas analyst… Exane BNP Paribas analyst Paul Roger downgraded LafargeHolcim to Neutral from Outperform with a EUR 50.5 price target. ShowHide Related Items >><<
|
Downgrade
|
Cemex downgraded to Neutral from Outperform at Exane BNP Paribas »
20:07 01/27/21 01/2720:07 01/27/2120:07
CX
Cemex
Exane BNP Paribas analyst… Exane BNP Paribas analyst Paul Roger downgraded Cemex to Neutral from Outperform with a $6.50 price target. ShowHide Related Items >><<
|
Downgrade
|
ViacomCBS cut to Underperform at Credit Suisse on valuation »
20:05 01/27/21 01/2720:05 01/27/2120:05
VIAC
ViacomCBS
Credit Suisse analyst… Credit Suisse analyst Douglas Mitchelson downgraded ViacomCBS to Underperform from Neutral with a higher price target of $37, up from $28. The analyst states that while he has been vocal regarding improvements in the TV advertising marketplace and in the pace of pay TV subscriber declines, the 91% increase in ViacomCBS share price over the past 3 months puts the stock's valuation substantially above his price target. Mitchelson adds that ViacomCBS shares have more than captured the "appropriately risk-discounted" upside potential. ShowHide Related Items >><<
|
Downgrade
|
Amwell downgraded to Neutral from Outperform at Credit Suisse »
20:01 01/27/21 01/2720:01 01/27/2120:01
AMWL
Amwell
Credit Suisse analyst… Credit Suisse analyst Jailendra Singh downgraded Amwell to Neutral from Outperform with a $41 price target. The stock is up 69% year-to-date and now trades at 39.6-times and 31-times his expected FY21 and FY22 revenue estimates, the analyst tells investors in a research note. The rally has come despite any change in underlying fundamentals, and appears to have been driven by broader market activity with the names with high short interest, Singh adds. ShowHide Related Items >><<
|
Downgrade
|
Hargreaves Lansdown cut to Underperform from Neutral at Exane BNP Paribas »
19:59 01/27/21 01/2719:59 01/27/2119:59
HRGLY
Hargreaves Lansdown
Exane BNP Paribas analyst… Exane BNP Paribas analyst Gregory Simpson downgraded Hargreaves Lansdown to Underperform from Neutral with a price target of 1,520 GBp, up from 1,490 GBp. The company has performed the best among U.K. asset managers and its near-term revenues and client growth should be good amid elevated trading activity, though interest income and "less dominant" market share are becoming a headwind, the analyst tells investors in a research note. ShowHide Related Items >><<
|
Downgrade
|
Aker BP downgraded to Hold from Buy at Societe Generale »
19:54 01/27/21 01/2719:54 01/27/2119:54
DETNF
Aker BP
Societe Generale analyst… Societe Generale analyst Yoann Charenton downgraded Aker BP to Hold from Buy with a price target of NOK 225, up from NOK 220. The analyst notes that the oil price rebound since November has fuelled a sharp rerating in the stock, and its future upside potential is more "limited". ShowHide Related Items >><<
|
Upgrade
|
Aveva upgraded to Buy from Hold at Jefferies »
19:32 01/27/21 01/2719:32 01/27/2119:32
AVEVF
Aveva
Jefferies analyst Julian… Jefferies analyst Julian Serafini upgraded Aveva to Buy from Hold with a 4500 GBp price target. The analyst notes that with the nearly-finalized OSIsoft acquisition, the company has a large opportunity to convert an "enlarged" customer base to a "financially accretive" subscription model. Serafini is also positive on Aveva's valuation at enterprise value 9-times expected FY22 revenue vs. the 13-times multiple of its peers. ShowHide Related Items >><<
|
Periodicals
|
Discord bans r/WallStreetBets server over 'hateful' content, Verge says »
19:15 01/27/21 01/2719:15 01/27/2119:15
GME
GameStop
AMC Entertainment
Discord said it has… Discord said it has banned the server for subreddit r/WallStreetBets, the driver of an unprecedented rallies of GameStop (GME) and AMC (AMC) shares, The Verge's Jay Peters reports. The internet communication platform said it did not ban the server for financial fraud, but rather because the server continued to allow "hateful and discriminatory content after repeated warnings," Peters says. "To be clear, we did not ban this server due to financial fraud related to GameStop or other stocks," Discord told The Verge in a statement. "Discord welcomes a broad variety of personal finance discussions, from investment clubs and day traders to college students and professional financial advisors. We are monitoring this situation and in the event there are allegations of illegal activities, we will cooperate with authorities as appropriate." Reference Link ShowHide Related Items >><<
|
Hot Stocks
|
Reddit's r/wallstreetbets says need tech platform that can enforce content rules »
19:10 01/27/21 01/2719:10 01/27/2119:10
GME
GameStop
r/wallstreetbets… r/wallstreetbets community clarifies its closure, stating: "We are experiencing technical difficulties based on unprecedented scale as a result of the newfound interest in WSB. We are unable to ensure Reddit's content policy and the WSB rules are enforceable without a technology platform that can support automation of this enforcement. WSB will be back." Shares of GME are off their after-hours lows, falling just under 20% to $280 at time of writing. ShowHide Related Items >><<
|
Downgrade
|
ViacomCBS downgraded to Underperform from Neutral at Credit Suisse »
19:03 01/27/21 01/2719:03 01/27/2119:03
VIAC
ViacomCBS
Credit Suisse analyst… Credit Suisse analyst Douglas Mitchelson downgraded ViacomCBS to Underperform from Neutral with a $37 price target. ShowHide Related Items >><<
|
Downgrade
|
Sirius XM downgraded to Neutral from Outperform at Credit Suisse »
19:02 01/27/21 01/2719:02 01/27/2119:02
SIRI
Sirius XM
Credit Suisse analyst… Credit Suisse analyst Brian Russo downgraded Sirius XM to Neutral from Outperform with a $7.25 price target. ShowHide Related Items >><<
|
Downgrade
|
Cheesecake Factory downgraded to Hold from Buy at Deutsche Bank »
19:02 01/27/21 01/2719:02 01/27/2119:02
CAKE
Cheesecake Factory
Deutsche Bank analyst… Deutsche Bank analyst Brian Mullan downgraded Cheesecake Factory to Hold from Buy with a $47 price target. ShowHide Related Items >><<
|
Hot Stocks
|
GameStop down over 30% afterhours as Reddit's WallStreetBets thread made private »
18:57 01/27/21 01/2718:57 01/27/2118:57
GME
GameStop
Shares of GameStop are… Shares of GameStop are extending after-hours decline, falling over 30% to $240 after today's 135% rally. Reddit has set its r/wallstreetbets page driving speculative trading activity in the stock this week to "private", requiring a special invitation to join the community. ShowHide Related Items >><<
|