Nordstrom Inc.(JWN) shares are on saleagain.
Shares of the department store are down as much as 12% to $46.65Friday after Nordstrom reported holiday-quarter earnings and sales that missed expectations and gave a downbeat outlook for the full year. The stock is set for its worst intraday drop since it last reported earnings in November, when shares fell as much as 21% after the retailer posted disappointing results and cut its profit and sales forecasts.
The company has now lost more than a third of its market value over the past 12 months, well underperforming the S&P 500, which is down 8.9% in the past year. It’s been a rough 12 months, in general, for department stores with the S&P 500 sub-group down 36%.
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Hot Performing Stocks For 2018: International Speedway Corporation(ISCA)
Advisors’ Opinion:
- [By Monica Gerson]
International Speedway Corp (NASDAQ: ISCA) is projected to report its quarterly earnings at $0.41 per share on revenue of $146.09 million. International Speedway shares declined 1.65 percent to close at $36.26 yesterday.
- [By Monica Gerson]
International Speedway Corp (NASDAQ: ISCA) is estimated to report its quarterly earnings at $0.41 per share on revenue of $146.09 million.
Mitcham Industries, Inc. (NASDAQ: MIND) is projected to post a quarterly loss at $0.36 per share on revenue of $10.99 million.
Hot Performing Stocks For 2018: SuperValu Inc.(SVU)
Advisors’ Opinion:
- [By Demitrios Kalogeropoulos]
As for individual stocks, RetailMeNot (NASDAQ:SALE) and SUPERVALU (NYSE:SVU) attracted heavy investor interest following merger and acquisition news.
- [By Casey Wilson]
Big grocery and supermarket chain stocks plummeted on June 16 when the deal was announced. Kroger Co. (NYSE: KR) sunk over 9.2%, Supervalu Inc. (NYSE: SVU) dropped 14.4%, and Wal-Mart Stores Inc. (NYSE: WMT) lost 4.7%. Meanwhile, AMZN enjoyed a nice 2.44% gain.
- [By Demitrios Kalogeropoulos]
As for individual stocks, SUPERVALU (NYSE:SVU) and MSC Industrial (NYSE:MSM) stood out with big pricing moves after announcing quarterly business updates.
Hot Performing Stocks For 2018: SPAR Group Inc.(SGRP)
Advisors’ Opinion:
- [By Jim Robertson]
On Wednesday, our Under the Radar Moversnewsletter suggested going long on small cap international merchandising and marketing services stockSPAR Group Inc (NASDAQ: SGRP):
Hot Performing Stocks For 2018: Fortinet, Inc.(FTNT)
Advisors’ Opinion:
- [By Jim Robertson]
On Wednesday, our Elite Opportunity Pronewsletter suggestedmid cap cyber security solutions stock Fortinet Inc (NASDAQ: FTNT) as a new long term idea because:
- [By Peter Graham]
A long term performance chart shows Palo Alto Networks falling over the past two years, but still outperformingpotential peers in the space such as large cap Cisco Systems, Inc (NASDAQ: CSCO), mid capFortinet Inc (NASDAQ: FTNT) and small cap Barracuda Networks Inc (NYSE: CUDA):
- [By WWW.THESTREET.COM]
Turning Around Cybersecurity Through Activism
As competition climbs and spending slows, security has attracted activists. (FEYE) (IMPV) (FTNT) (CHKP) Full story
Hot Performing Stocks For 2018: Endologix, Inc.(ELGX)
Advisors’ Opinion:
- [By Lisa Levin]
Endologix, Inc. (NASDAQ: ELGX) shares dropped 23 percent to $7.59 as the company issued an update on Nellix PMA process. Endologix disclosed that the FDA has requested the company to provide a two-year patient follow-up data from the EVAS-FORWARD IDE study of Nellix System.
- [By Paul Ausick]
Endologix Inc. (NASDAQ: ELGX) dropped about 9.3% on Wednesday to post a new 52-week low of $4.78 against a 52-week high of $14.50 and a Tuesday close of $5.27. Volume of about 6 million was more than 3 times the daily average of around 1.7 million. The company on Tuesday announced a temporary shipping hold on its best-selling heart device, saying there was a manufacturing issue.
Hot Performing Stocks For 2018: Immunomedics, Inc.(IMMU)
Advisors’ Opinion:
- [By Chris Lange]
Immunomedics, Inc. (NASDAQ: IMMU) saw its shares rise after the firm sent out a letter to shareholders imploring them to vote for its director nominees at the upcoming annual stockholders meeting on February 16. The board of directors is making this request because it is currently waging a proxy contest with venBio SelectAdvisor.
