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markets-journal

Markets Journal 06/30/2020

Sorry for the missed updates, Markets Journal has gotten a bit boring so thinking of a new format or reducing posting frequency. If you have any ideas feel free to reach out via email, comments or Twitter.

  • Rad Kapital Top Movers:
    •  Tortoise Acquisition Corp SHLL: -13.82%
    • J2 Global JCOM: -9.05%
    • Tesla Motors TSL: +6.98%
  • Home Price Growth data from Standard & Poor’s:
  • Major Moves:
    • Thermo Fisher Scientific TMO reached an all time high at $361.60
    • InterActiveCorp IAC reached an all time high at $323.70
    • Match MTCH reached an all time high at $107.57
    • eBay EBAY reached an all time high at $52.40
    • Tesla Motors TSLA reached an all time high at $1037.85
    • Etsy ETSY reached an all time high at $105.32
    • Pinduoduo PDD reached an all time high at $90.15
Categories
markets-journal

Markets Journal 06/26/2020

  • Rad Universe Top Movers:
    • Tortoise Acquisition Corp SHLL: +41.21%
    • MakeMyTrip Limited MMYT: -15.92%
    • Sinclair Broadcast Group SBGI: -8.55%
    • Facebook FB: -8.32%
  • Kanye West and Gap GPS sign a multi-year deal for West’s Yeezy clothing line
  • Microsoft MSFT to close its physical retail stores resulting in an impairment charge of ~$450 million in this quarter
  • Amazon AMZN announced it will acquire self driving car startup Zoox for ~$1 billion
  • Unilever UL to stop digital advertising on Facebook FB and Twitter TWTR till the end of 2020
  • Notable Analyst Actions:
    • BTIG Research upgraded Farfetch FTCH from Neutral to Buy with a price target to $20.50
    • Evercore ISI upgraded Broadcom AVGO from In-line to Outperform with a price target of $380
  • Major Moves:
    • Match MTCH reached an all time high at $101.27
    • Momo MOMO reached a 52 week low at $16.81
    • Tortoise Acquistion Corp SHLL reached an al time high at $24.16
    • DocuSign DOCU reached an all time high at $176.77
    • Square SQ reached an all time high at $107.43
    • RingCentral RNG reached an all time high at $295.53
    • Snap SNAP reached a 52 week high at $24.85