Stocks going nowhere and bitcoin tumbling to start the week. Plus – Crypto crumbling – (FS BTC) take a look a bitcoin here and the other big digital currencies – we break down the sell-off. And – is the college football gaining at the NFL’s expense? We discuss ahead the Alabama – Georgia showdown tonight. Plus – Oprah in 2020 is gaining steam, and Weight Watchers stock is on fire. Could this really happen?
Winners and losers
Stocks in the green include Kohl’s as the department store operator boosted it’s fiscal EPS guidance as holiday sales jumped, Caterpillar as JP Morgan upgrade shares to overweight, citing catalysts like a tax bill boost and Nvidia – shares up as The chipmaker announced its partnering with Uber, Volkswagen and Baidu to develop technology for autonomous driving.
Stocks in the green include Axovant as the drugmaker failed a key trial for its dementia drug, leading the company to discontinue the program, Pandora as Morgan Stanley downgraded it to equalweight claiming growing ad revenue in no longer a given, and (FS) GoPro – shares getting chopped as the company cuts 200-300 jobs in its drone division, and reportedly hired JPMorgan to explore strategic options. (discuss)
