6 Stock Movers You Missed During Black Friday Shopping
by Burke Speaker | December 2, 2013 12:31 pm
While the rush was on to nab the perfect gift during the craziness of Black Friday 2013, there were several stock winners and stock losers emerging.
To catch your self up on some market movement during your Black Friday shopping excursions, check out these stock winners and losers below.
Winners You Missed During Black Friday Shopping
Zoom Technologies (ZOOM): ZOOM stock had a great day on Black Friday, when the stock xxx. As of today, however, the upward jump has turned to a drop. ZOOM remains up 57% from Friday’s increase following an acquisition announcement.
SolarCity (SCTY): Black Friday shoppers love a good deal, and so did SCTY stock, which jumped 10% on news of SolarCity selling $54.4 million in notes backed by the cash flow from a pool of solar systems. The move allows SolarCity more financial freedom and gave the stock a much-needed boost.
DryShips (DRYS): A nearly 11% gain for DRYS stock was missed by Black Friday shoppers — and the stock has stabilized for now. The increase left DRYS stock up 111% year to date.
Losers You Missed During Black Friday Shopping
Fortinet (FTNT): FTNT stock fell 14% on Friday and continued the slow decline today following news of the departure of its chief financial officer.
Renren (RENN): RENN stock fell 15% with a very black Black Friday due to a mixed earnings report and a less than stellar look forward by analysts.
JinkoSolar (JKS): Black Friday was bleak for JKS stock, but at the very least its loses are rebounding today, with a 5% drop from last week’s high.
- ZOOM: http://studio-5.financialcontent.com/investplace/quote?Symbol=ZOOM
- SCTY: http://studio-5.financialcontent.com/investplace/quote?Symbol=SCTY
- DRYS: http://studio-5.financialcontent.com/investplace/quote?Symbol=DRYS
- FTNT: http://studio-5.financialcontent.com/investplace/quote?Symbol=FTNT
- RENN: http://studio-5.financialcontent.com/investplace/quote?Symbol=RENN
- JKS: http://studio-5.financialcontent.com/investplace/quote?Symbol=JKS
Source URL: https://investorplace.com/2013/12/6-stock-movers-black-friday-shopping/
Short URL: http://invstplc.com/1nB651u
Copyright ©2017 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.