Market Movers, August 1st

 9:00, Dow up 20 points

9:12am, SunPower Corp. up 19%  on 271,451 shares traded after reporting 2nd quarter earnings. Raises guidance. Click the image below for the full report

Pluralsight, Inc. down 31% on 1,344,780 shares traded as of 9:15am. Reports net loss of 30 cents per share, missing the consensus estimate by 16 cents

WLL down 20% on 758,285 shares traded at 9:22am. Fires 1/3rd of its workforce. Read more at Bloomberg

click image for full report

ABMD beats estimates, increases guidance, but share price is down 21%. Read more at thefly.com

“Five9 Reports Second Quarter Revenue Growth of 27% to a Record $77.4 Million”. As of 9:47am it is up 19% on 996,150 shares traded

Crocs reports a 57% increase in earnings compared to the same quarter last year, raises revenue guidance. Currently up 13% on 1,806,161 shares traded at 9:51am. Full report

Concho Resources Inc. misses analyst estimates, reports net loss of 48 cents per share. As of 10:00am, it is down 20% on 3,558,687 shares traded. Click the image for the full report

Rubicon Project Reports Second Quarter 2019 Results. Up 30% on 1,462,442 shares traded at 10:02am

10:08am: Myriad Genetics, Inc. up 40% on 1,369,350 shares traded after UnitedHealthcare August 2019 Network Bulletin issues a positive coverage decision for pharmacogenetic testing for multi-gene panels including the company’s GeneSight Psychotropic test. Link

10:11am: STAAR Surgical Co up 22% on 411,341 shares traded after reporting 2nd quarter results. Click the image for the full report

Boot Barn Holdings, Inc. is up 17% on 863,027 shares traded at 10:14am
after reporting first quarter fiscal year 2020 financial results and increased annual guidance. This is a classic value stock. Something Warren Buffet would like.

10:16am, Oil sitting at 56.95, down 2.8%

“ISM manufacturing index falls to 51.2 in July; construction spending down 1.3% in June”, CNBC reports

10:23am, Dow up 120 points!

10:24am, Microsoft up 2.2% on 7,064,884 shares traded

“Cirrus Logic Reports Q1 FY20 Revenue of $238.3 Million”. Up 16% at 10:30am on 862,789 shares traded.

 1:49pm, Dow down 108 points after this Trump Tweet after being up as much as 250 points

Stay tuned for updates!

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