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Follow this list to discover and track stocks with the greatest 52-week gain. These are stocks whose price has increased the most over the past 52 weeks (percent change). This list is generated daily, the gains are based on today's closing price and limited to the top 30 stocks that meet the criteria.
Centrais Elétricas Brasileiras S.A. - Eletrobras
Centrais Elétricas Brasileiras S.A. - Eletrobras
Kirkland Lake Gold Ltd.
Beyond Meat, Inc.
AngloGold Ashanti Limited
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
Guardant Health, Inc.
ACADIA Pharmaceuticals Inc.
Companhia Energética de Minas Gerais
Companhia Energética de Minas Gerais
SolarEdge Technologies, Inc.
Gold Fields Limited
Companhia Paranaense de Energia - COPEL
Sibanye Gold Limited
GOL Linhas Aéreas Inteligentes S.A.
Lattice Semiconductor Corporation
Arco Platform Limited
Avon Products, Inc.
Lattice Semiconductor (LSCC) closed the most recent trading day at $19.48, moving -1.81% from the previous trading session.
(Bloomberg) -- Steve Schwarzman has doubts. So does Larry Ellison.And so, too, do the growing numbers of Wall Street bankers and investors who are all anxiously awaiting the next move by WeWork and its brash co-founder, Adam Neumann.Neumann was a no-show this week for a long-planned appearance at a SoftBank Group Corp. three-day retreat in Pasadena, California, according to people familiar with the the matter, a further sign that company executives are hunkering down. Once the WeWork initial public offering was postponed late Monday, organizers knew Neumann’s presence would be iffy, the people said. His planned appearance was rescheduled from the first day of the event at the Langham hotel to the last and then canceled altogether.In short order Neumann’s office-sharing company has gone from a get-rich story to a you’ve-got-to-be-joking melodrama -- from WeWork to WeWait to, now, WeWorry.It was a brutal week. First, WeWork’s parent company, We Co., finally conceded that its grandiose plans for going public would have to wait.Then Schwarzman, one of the most powerful figures on Wall Street, threw shade on the company’s hoped-for valuation, which has already collapsed from upwards of $60 billion to $15 billion -- or lower.“I sort of went, what? How do you get this?” Schwarzman, the head of private equity giant Blackstone Group Inc., said of the early numbers Wednesday at a luncheon in New York. Ellison, chairman of Oracle Corp., went further, according to Barron’s. He told a group of entrepreneurs at his San Francisco home that day that WeWork is “almost worthless.”And it only gets worse. In London, two deals for major office buildings that are largely leased out to WeWork started to fray. Back in its hometown of New York, the company made a small round of job cuts. And the Wall Street Journal, examining WeWork’s over-the-top culture, reported that Neumann and his friends smoked marijuana on a private jet en route to Israel last summer -- and left a chunk of the drug behind, spurring the plane’s owner to summon it back.If all that weren’t enough, Neumann’s own bankers were getting antsy: They were looking to revise a $500 million credit line secured by WeWork stock -- an acknowledgment that those shares appear far less solid than they used to.New RisksAnd, by Friday, Wendy Silverstein, a big name in New York commercial real estate who joined WeWork last year as head of its property investment arm, had left the company. She’s spending time caring for her elderly parents.Even the president of the Federal Reserve Bank of Boston was adding to the angst. In a speech Friday in New York, Eric Rosengren warned that the proliferation of co-working spaces might pose new risks to financial stability.A WeWork representative declined to comment on Neumann’s canceled appearance at the SoftBank conference, citing the pre-IPO quiet period. SoftBank also declined to comment.Rarely has so much gone so wrong so fast for a young company in the spotlight. Neumann has begrudgingly agreed to cede some of his powers. The question now: Will that be enough?“I’ve never seen a company of this size and scale generate such a consensus of negative opinion in my long, long life of following IPOs,” said Len Sherman, a Columbia Business School adjunct professor whose 30-year business career included time as a senior partner at consulting firm Accenture Plc. “There is no box that they haven’t ticked when you think of all the reasons that you might be very concerned -- like blaring red lights. Like, oh my gosh, caution, danger, danger.”WeWork now hopes to go public next month. But even that may be optimistic. Neumann, also We Co.’s chief executive officer, has to persuade investors that his company -- which has raised more than $12 billion since its founding and never turned a nickel of profit -- is worth billions on the stock market.Deadline LoomsTime is short. WeWork must complete its IPO before the end of the year to keep access to a crucial $6 billion loan.The company’s $669 million of bonds due in 2025 have dropped 5 cents this week to 97.75 cents on the dollar as of Thursday, according to the Trace bond-price reporting system.A few hours after the Journal story hit Wednesday, investors at a Goldman Sachs Group Inc. conference in New York heard from Snap Inc.’s Evan Spiegel -- Neumann’s predecessor as a celebrated startup founder whose behavior and company control attracted unflattering attention as the unicorn went public in 2017.He was asked what advice he’d give to founders looking to become CEOs of companies that have to answer to shareholders. His answer:“Don’t go public.”(Updates with CEO’s canceled appearance in third paragraph.)\--With assistance from Gillian Tan, Matthew Boesler and Sarah McBride.To contact the reporters on this story: Ellen Huet in San Francisco at firstname.lastname@example.org;Scott Deveau in New York at email@example.com;Gwen Everett in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Michael J. Moore at email@example.com, David Gillen, Daniel TaubFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...
Enphase Energy stock had a solid week, gaining more than 20%. Its recovery is notable after its ~25% correction since its all-time high late last month.
Sanderson Farms' (SAFM) solid export sales and sturdy prices in poultry products bodes well. However, high freight costs and soft demand for big bird boneless meat remain concerns.
Kirkland Lake Gold (KL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
(Bloomberg) -- Starting Friday, Impossible Foods Inc. will finally offer its eponymous plant-based burger in U.S. grocery aisles.The Impossible Burger will make its retail debut at 27 Gelson’s Markets locations in Southern California before expanding its retail presence in the fourth quarter and in early 2020, the company said in a statement. The product will arrive in additional unnamed stores, including on the East Coast, later this month.The product has already multiplied across restaurant menus, including Burger King locations nationwide, after starting at New York City’s Momofuku Nishi in July 2016, but until now it hasn’t been available as a raw product to consumers.Along with competitor Beyond Meat Inc., Impossible’s protein substitute has helped to fuel a plant-based meat craze that’s left traditional food behemoths playing catch-up. With sales of faux meat exploding, Kellogg Co.’s new meat-like Incogmeato Burger will hit stores early next year, and Nestle SA’s Sweet Earth Foods Brand will release an Awesome Burger in the U.S. this fall.Demand has boomed as consumers seek out foods they see as healthier and more environmentally friendly than beef. Imitation meat could reach 9% of the estimated $2.7 trillion global meat market by 2040, Jefferies analyst Simon Powell forecasts, from less than 1% now.Impossible Foods has faced obstacles in its path to grocery stores. The soy-based burger is known for its convincing meat-like flavor, texture and appearance, which it says comes from the “magic ingredient,” soy leghemoglobin. But this same ingredient, known as “heme” and made with a genetically engineered yeast, has also slowed its launch in retail.Because it imparts a color onto the raw product, the U.S. Food and Drug Administration was required to amend the color additive rules to call heme safe before the product could be sold uncooked. While many environmentalists have applauded the introduction of foods like the Impossible Burger because they replace beef, some groups like Friends of the Earth and Center for Food Safety filed objections to the FDA change, arguing that heme hasn’t been adequately tested for safety. Impossible Foods has repeatedly said the burger is safe and complies with all applicable laws.“Although it’s perfectly safe for you to eat, who knows what might happen if you look at it? Be that as it may, it’s gone through that process as well,” Impossible Foods founder and Chief Executive Officer Pat Brown quipped at an event Thursday at a Los Angeles Gelson’s to mark the product’s arrival there. The burger will be available in 12-ounce packages for $8.99 at Gelson’s, which is more expensive than competitor Beyond Meat’s comparable Beyond Beef product.Brown said that 90% of Impossible Foods customers eat meat -- an indication of how the popularity of the company’s products has been driven by a rise of so-called flexitarians, or consumers who are eating less meat without cutting it out completely.He said the company is working on lamb, chicken and fish substitutes. The biggest challenge, he added, is getting the chemical structure correct so it captures the texture of different meat tissue and fat. He said that ground beef is easier, for example, to replicate than bacon.(Adds comments from Impossible Foods CEO in eighth and final paragraphs.)To contact the reporters on this story: Deena Shanker in New York at firstname.lastname@example.org;John Gittelsohn in Los Angeles at email@example.comTo contact the editors responsible for this story: Anne Riley Moffat at firstname.lastname@example.org, Jonathan Roeder, Lisa WolfsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
The Fed slashed interest rates for the second time since the financial crisis by 25 bps to 1.75-2% in its policy meeting to sustain a decade-long economic expansion.
Codenamed Orion, Facebook's (FB) smart glasses are reportedly being designed to disrupt the smartphones market when it hits the shelves anywhere between 2023 and 2025.