3D Systems, TD Ameritrade, Kite Pharma Stocks Moving Today

3D Systems, TD Ameritrade, Kite Pharma are three stocks making notable moves on the charts today

Feb 28, 2017 at 3:33 PM
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The Dow is on track to snap its win streak ahead of President Donald Trump's speech to Congress. Among specific equities in focus are 3-D printing firm 3D Systems Corporation (NYSE:DDD), financial stock TD Ameritrade Holding Corp. (NASDAQ:AMTD), and biotech Kite Pharma Inc (NASDAQ:KITE). Here's a quick look at what's moving shares of DDD, AMTD, and KITE.

DDD Sales Disappoint Wall Street

DDD is crushing call buyers today, losing 10% to trade at $15.25. Wall Street is punishing the shares after fourth-quarter revenue missed forecasts, though the company topped earnings estimates. Nonetheless, 3D Systems Corporation bottomed right at its 200-day moving average earlier, and a series of higher highs since early November remains in place. Elsewhere, short sellers control over one-fifth of DDD's total float -- or 12.9 days' worth of buying power, at average trading levels -- so today's sell-off isn't bad news for everyone. 

TD Ameritrade Cuts Fees, Stock Gets Crushed

AMTD has lost 10% to trade at $39.31, after two of the company's rivals announced they are slashing transaction fees. The shares are set to close below their 80-day moving average for the first time since early August, and after two big bear gaps in one month, shareholders should be wary of bearish analyst attention. At the moment, the majority of covering brokerage firms recommend buying TD Ameritrade Holding Corp.

CAR-T News Boosts Kite Pharma

Up 26.5% at $71.91, KITE is the top gainer on the Nasdaq today, after its CAR-T cancer treatment met its main goal in a study. The stock -- which earlier hit an annual high of $72.80 -- also received price-target hikes to $85 and $82 from H.C. Wainwright and Jefferies, respectively. However, Kite Pharma Inc short sellers are getting crushed. These bears control more than 20% of the stock's available float, and it would take them nearly three weeks to buy back their bets, at average daily volumes. 

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