Banking & Finance  October 11, 2018

Front Range public companies fare fine despite stock-market tumble

Stock prices have fallen sharply over the past two days, with the Dow Jones Industrial Average falling more than 500 points on Thursday, after dropping more than 800 points on Wednesday.
Tech stocks suffered the hardest on Wednesday, but Front Range public companies seem to be largely unaffected. Most companies’ stock prices continued on whatever trend they were already on, with most having small drops but nothing catastrophic.
Here is a roundup of how each area company’s stock prices so far:

• Advanced Energy Industries, Inc. (Nasdaq: AEIS) was mostly flat Tuesday and Wednesday, but dipped Wednesday afternoon before leveling off Thursday morning. Its stock closed at $47.65 on Tuesday and fell to $46.33 by market close Wednesday. By the time of publication, the stock was trading at $46.18.
• AeroGrow International Inc. (OTC: AERO) has been on a five-day decline but was hard-hit on Wednesday. The company’s stock price closed at $2.80 on Tuesday and dropped to $2.60 by noon on Wednesday. By market close on Wednesday, it was back up to $2.70 and was at $2.65 at time of publication.
• Array BioPharma Inc. (Nasdaq: ARRY) has been on a slight downturn for several days and seems to be mostly unaffected by Wednesday’s market shakeup. The company’s stock price was $13.43 by market close on Tuesday and dropped to $12.92 by market close on Wednesday but climbed back up to $13.02 by time of publication.
• Ball Corp. (NYSE: BLL), which announced Thursday that it would close a beverage packaging plant in Italy, fell slightly over the past several days. Its stock closed at $45.73 on Tuesday and fell to $43.85 by market close Wednesday. By the time of publication, the stock was trading at $43.92.
• Clovis Oncology Inc. (Nasdaq: CLVS) saw its stock price close at $29.08 by market close Tuesday, dropped to $28.39 by market close Wednesday and had dropped to $27.83 by time of publication.
• Crocs Inc. (Nasdaq: CROX) nosedived Wednesday before climbing back Thursday morning and into the early afternoon. Its stock closed at $19.43 on Tuesday and fell to $18.76 by market close Wednesday. By the time of publication the stock was trading at $19.35.
• DMC Global Inc. (Nasdaq: BOOM) saw its stocks fall slightly. When the market closed on Tuesday, DMC’s stock price was $37.64. By end-of-market on Wednesday it was down to $36.10. However, DMC has been rebounding since. By time of publication, DMC’s stock price was up to $37.05.
• Encision Inc. (OTC: ECIA) has more-limited data, but was 39 cents per share at noon on Tuesday, dropped to 35 cents by market close on Wednesday and was 35 cents by time of publication.
• Gaia Inc. (Nasdaq: GAIA) was also largely unaffected. Its stock closed at $15.32 on Tuesday and closed at $15.20 on Wednesday, mostly staying flat throughout the day. On Thursday morning, it spiked to $15.79 and was $15.35 at time of publication.
• Heska Corp. (Nasdaq: HSKA) was also on a slight downturn, but hit a five-day low on Thursday morning when the stock price dropped to $94.63. At market close on Tuesday, its stock price was $97.88 and dropped to $96.66 at the same time on Wednesday. After its mid-morning dive on Thursday, Heska’s stock price is back up to $96.70 as of time of publication.
• MiRagen Therapeutics Inc. (Nasdaq: MGEN) has declined over the past five days. Its stock closed at $5.20 on Tuesday and then dropped to $4.78 by market close Wednesday. By time of publication, its stock was $4.73.
• Noodles & Co. (Nasdaq: NDLS) fell sharply Tuesday and Wednesday before roaring back during early trading Thursday. Its stock closed at $10.82 on Tuesday and fell to $10.79 by market close Wednesday. By the time of publication, the stock was trading at $11.20
• Pilgrim’s Pride (Nasdaq: PPC) saw morning gains erased in the afternoon on both Tuesday and Wednesday. Its stock closed at $17.38 on Tuesday and fell to $17.22 by market close Wednesday. By the time of publication, the stock was trading at $16.75.
• Real Goods Solar Inc. (Nasdaq: RGSE) wasn’t impacted by Wednesday’s market slump, as its stocks climbed. The company’s prices closed at 33 cents per share on Tuesday and closed at a five-day high of 36 cents per share on Wednesday. Its prices dropped slightly to 34 cents per share at time of publication.
• Surna Inc. (OTC: SRNA) has seen its stock price hover between 13 and 14 cents over several days. It closed on Tuesday at 13 cents, fluctuated throughout the day Wednesday before closing again at 13 cents and climbed to 14 cents by the time of publication.
• UQM Technologies Inc. (NYSE: UQM) has remained flat over several days, with some peaks and valleys recently. It closed at $1.45 on Tuesday and dropped to $1.41 mid-day Wednesday before closing again at $1.45. It dropped Thursday morning to $1.40 before reaching $1.49 at time of publication.
• Vail Resorts Inc. (NYSE: MTN) fell during trading Tuesday and Wednesday but bounced back a bit early Thursday. Its stock closed at $245.23 on Tuesday and fell to $238.88 by market close Wednesday. By the time of publication the stock was trading at $240.80.
• Woodward Inc. (Nasdaq: WWD) has had a steady decline over the past several days. Its stock closed at $77.45 on Tuesday and fell to $75 by market close Wednesday. By the time of publication the stock was trading at $73.10.
• Zayo Group Holdings Inc. declined sharply from close of market Tuesday through early afternoon Thursday. Its stock closed at $32.84 on Tuesday and fell to $31.55 by market close Wednesday. By the time of publication, the stock was trading at $30.83.

Stock prices have fallen sharply over the past two days, with the Dow Jones Industrial Average falling more than 500 points on Thursday, after dropping more than 800 points on Wednesday.
Tech stocks suffered the hardest on Wednesday, but Front Range public companies seem to be largely unaffected. Most companies’ stock prices continued on whatever trend they were already on, with most having small drops but nothing catastrophic.
Here is a roundup of how each area company’s stock prices so far:

• Advanced Energy Industries, Inc. (Nasdaq: AEIS) was mostly flat Tuesday and Wednesday, but dipped Wednesday afternoon before leveling off…

Lucas High
A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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