Magic Recipe Spell Changes Last Week
Most of the movement this week is just relative price changes... I can find any notable news on any of them. This indicates pretty natural movement on the periphery of the screen.
Valeant continues to be a very volatile stock, moving up almost 20% this week but still dramatically down over the last year. Michael Kors' stock seems to be petering out after a solid run-up from the high $30's, falling 10% last week. Finally, Buckle collapsed another 17% after weak March same-store sales. While Buckle is a good operator, the apparel space is extremely volatile, competitive, and unpredictable.
Here are your lists:
Tickers dropping out:Oracle Corporation (ORCL)
Insys Therapeutics, Inc. (INSY)
Cato Corporation Class A (CATO)
McKesson Corporation (MCK)
Tickers entering:Herman Miller, Inc. (MLHR)
Brocade Communications Systems, Inc. (BRCD)
Syntel, incorporated (SYNT)
Lear Corporation (LEA)
10% Movers:Valeant Pharmaceuticals International, Inc. (VRX) 19.82%
Michael Kors Holdings Ltd (KORS) -10.15%
Buckle, Inc. (BKE) -16.80%
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