TWTR, DKS, EPZM Stocks On the Move Today

Epizyme shares are soaring after the company's cancer treatment was granted orphan drug status by the FDA

Jun 21, 2017 at 1:14 PM
facebook X logo linkedin


Stocks are mixed at midday, as traders weigh sliding oil prices against rallying tech shares. Among specific names making big moves are social media stock Twitter Inc (NYSE:TWTR), retailer Dick's Sporting Goods Inc (NYSE:DKS), and cancer treatment specialist Epizyme Inc (NASDAQ:EPZM). Here's a quick look at what's moving shares of TWTR, DKS, and EPZM.

TWTR Stock Pops on Positive Advertiser Feedback

Twitter shares are trading up 5.4% at $17.83, after Cleveland Research waxed optimistic on improvement in the company's strategy and execution, as well as the "constructive feedback" it's received from advertisers. TWTR stock is now boasting a 9.7% year-to-date lead, and is set to end atop both its 10- and 20-day moving averages for just the second time since mid-May. Nevertheless, the majority of analysts remain on the sidelines, with all but one of the 23 brokerages following Twitter maintaining a "hold" or worse rating.

DKS Stock the Latest Retailer on Amazon's Hit List

Dick's Sporting Goods shares have plunged 6% to trade at $37.19 -- fresh off a new annual low of $35.87 -- after Goldman Sachs said it expects Nike to begin selling its products on Amazon. DKS is now staring at a 30% year-to-date deficit, failing to capitalize on a recent burst of short covering. Since the May 1 reporting period, short interest on the stock has dropped 11.2%, while the security has lost more than one-quarter of its value over the same time frame.

EPZM Stock Jumps On Regulatory Nod for STS Cancer Drug

Epizyme stock was up 10.5% earlier, last seen trading 8% higher at $14.85. Boosting the shares is news the Food and Drug Administration's (FDA) granted orphan drug status to EPZM's soft tissue sarcoma (STS) treatment, tazemetostat. The security has surged nearly 60% since reporting positive mid-stage data for the drug last Wednesday, June 14 -- a move that may, in part, be due to a short squeeze. Almost 14% of EPZM's float is sold short, or eight days' worth of pent-up buying demand, at the stock's average pace of trading.

 

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 C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI