- 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
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