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US Midday Stock Moves: CLOV, WEN, SFIX, COUP, KDP

Advances: Clover Health (CLOV) +54.6%. The company has become the latest target for retail investors on Reddit forums. Wendy's Company (WEN) +15.9%. WEN shares were boosted by mentions on Reddit's WallStreetBets forum. Stitch Fix (SFIX) +11.5%. SFIX's thi

U.S. Midday Stock Moves: CLOV, WEN, SFIX, COUP, KDP - Stansberry Research

By Daniel Smoot

June 8, 2021

Advances:

  • Clover Health (CLOV) +54.6%. The company has become the latest target for retail investors on Reddit forums.
  • Wendy's Company (WEN) +15.9%. WEN shares were boosted by mentions on Reddit's WallStreetBets forum.
  • Stitch Fix (SFIX) +11.5%. SFIX's third-quarter results were better than expected.

Declines:

  • Coupa Software (COUP) -7.4%. COUP's full-year guidance disappointed.
  • Keurig Dr. Pepper (KDP) -4.6%. KDP announced a 28 million secondary share offering.
  • HealthEquity (HQY) -4.5%. HQY's earnings midpoint was in line with estimates.
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