Highs, Lows and Repeat Offenders

11/12/2023

November 12, 2023

Happy Sunday,

Welcome to the Weekend Edition of Popularity & Price!

This special edition will include Friday’s New Highs and Lows as well as Repeat Offenders and Recurring Sectors + Industries.

Friday’s New Highs + Lows

Friday’s New Lows led New Highs — 80 vs. 69.

Repeat Offenders

Repeat Offenders feature stocks that made new highs // lows multiple times during the previous week.

This week’s repeat offenders include 63 New Lows and 75 New Highs. 

Here’s a sneak peak,

Recurring Sectors & Industries

Sectors & Industries are compiled from new highs and lows throughout the previous week.

Here are the most recurring Sectors,

And Industries,

Standouts

Worst of the Worst

Spirit Airlines ($SAVE) is the New Low Standout of the Week. The discount airliner dropped -22.02% and touched down at its lowest price since March 2020.

The stock collapsed as the Dept. of Justice attempts to block its merger with JetBlue. Here’s Reuters with the latest. 

$SAVE tumbled -47.68% in 13 of the last 15 trading days. Here’s the daily chart.

And messy monthly chart.

Topgolf Callaway Brands ($MODG) is a notable new low. The Golf equipment and accessories manufacturer flopped -22.81% following last week’s earnings release.

The company posted mixed results and cut guidance by 15%.

Here’s the daily chart.

$MODG is down -36% since it announced its TopGolf merger in October 2020. Here’s the messy monthly chart.

Inspire Medical Systems is a notable new low. The sleep apnea solutions company fell -25.93% following last week’s earnings release.

Here’s the daily chart.

And weak weekly chart.

Fisker ($FSR) is a notable new low. The EV manufacturer unplugged -15.6% after it postponed its earnings release. The company is scheduled to report Monday after market close.

Here’s the daily chart.

And weak weekly chart.

Best of the Best

Duolingo ($DUOL) is the New High Standout of the Week. The online language-learning application lept +32.76% following last week’s earnings release. 

Luis von Ahn, Co-Founder and CEO commented,

“We exceeded our own high expectations this quarter, accelerating user growth and delivering impressive bookings and revenue growth. Last month, we announced an important strategic shift toward becoming a multi-subject product, with our Math and Music courses being added to the flagship Duolingo app.”

Here’s the daily chart.

And weekly chart.

Light & Wonder ($LNW) is a notable new high. The cross-platform gambling creator carried +10.71% following last week’s earnings release.

The company beat estimates, posting its 10 consecutive quarter of revenue growth.

Here’s the daily chart.

And monster monthly chart. The stock is -2.54% off its October 2021 all-time high.

Transdigm Group ($TDG) is a notable new high. The aircraft component company flew +12.52% following last week’s earnings release.

Transdigm beat estimates and issued a $35 special dividend.

Here’s the daily chart.

And monster monthly chart.

MicroStrategy ($MSTR) is a notable new high. The enterprise software company advanced +12.17% and closed at its highest price since March 2022.

Here’s the daily chart.

And weekly chart.

Golden Heaven Group ($GDHG) is a notable new high. The Chinese amusement park manufacturer ripped +38.56%.

The stock is up +642% since September 8th. Here’s the daily chart.

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