Diamonds and Dogs
5/31/13Uni-Pixel Inc. (UNXL)
Uni-Pixel is continuing its downward spiral today, down 23.15% at $15.20. The display and touch screen company has been plummeting over the past few weeks. Uni-Pixel shares have dropped over 40% in last month with the majority of the fall coming in the last two weeks. The huge drop in price began with a Barron's article which said to stay away from Uni-Pixel at all costs because the analyst felt the company had significant downside on the horizon. The company is continuing to see its momentum move shares lower, as investors continue to run for the sidelines. Uni-Pixel is still holding up above its 52-week low of $5.27.
Krispy Kreme Doughnuts Inc. (KKD)
Krispy Kreme is looking delicious today, up 21.53% at $17.33. The beverage and doughnut company saw its shares jump after better than expected earnings. For the quarter, profit increased 33% on 11% revenue growth.. In fact, same-store sales jumped 11.4% over the year-ago period, representing its 18th straight quarterly increase, giving investors plenty of confidence in management's ability to grow profitably long-term. Management also increased full year guidance, it now sees full year EPS of $0.59 to $0.63, up from a prior view of $0.53 to $0.57 and also ahead of Wall Street's estimate of $0.55. Krispy Kreme set a new 52-week high of $17.79 intraday.
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