Boeing, Bob Evans, Meridian Bioscience Stocks Moving Today

BA, BOBE, and VIVO are among the stocks on the move today

Jan 25, 2017 at 2:32 PM
facebook X logo linkedin

U.S. stocks are taking off, as the "Trump rally" kicks into higher gear. Among specific equities in focus today are aerospace stock Boeing Co (NYSE:BA), restaurant chain Bob Evans Farms Inc (NASDAQ:BOBE), and healthcare name Meridian Bioscience, Inc. (NASDAQ:VIVO). Here's a quick look at what's moving BA, BOBE, and VIVO.

Boeing Taps Highs Post-Earnings

BA is fresh off a record high of $168.65, and was last seen up 4.9% at $168.47. Boosting the shares are better-than-forecast fourth-quarter earnings, and expectations the company will deliver more planes in 2017. The stock could get an additional jolt higher if bearish holdouts within the brokerage crowd start to change their tune. Despite BA's long-term outperformance, nearly half of the analysts tracking the shares have doled out a "hold" or worse rating.

Bob Evans Selling Restaurants

BOBE jumped to an all-time peak of $60.95 earlier, and remains 20.6% higher at $57.85, making it one of the top percentage gainers on the Nasdaq. The stock is soaring after the company agreed to sell its restaurants to Golden Gate Capital for $565 million*. Suffice it to say, short sellers could be sweating bullets. Despite declining 19% in the most recent reporting period, short interest on BOBE would still take over a week to buy back, at the stock's average trading volume.

Meridian Bioscience Slammed by Earnings, Outlook

VIVO has cratered today -- losing nearly one-fifth of its value at $13.20, and landing on the short-sale restricted (SSR) list -- after a lackluster trip to the earnings confessional, including a downwardly revised full-year outlook. Earlier, in fact, the stock touched an 11-year low of $10.75. Despite being SSR this afternoon, VIVO has been the target of shorts for some time. Nearly 9% of the stock's float is sold short, which would take over 12 sessions to cover, based on its average trading rate.

*Editor's note: The original text of this article misstated the nature of the BOBE transaction. We regret the error.

Don't miss the market's next move! Sign up now for Schaeffer's Midday Market Check

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI