Diamonds and Dogs
Insider buying at Twilio. The cloud communications platform company is up 2% on news of insider buying. The CEO disclosed the purchase of 100K shares at prices ranging from $22.96 to $23.76 per share. That's a good sign following disappointing earnings last week. Hopefully better days are ahead for Twilio.
The dog of the day goes to a plethora of retailers. Nordstrom (JWN) and JCPenney (JCP) are down over 8% following earnings. Dicks (DKS) is down 5% after admitting to overstating earnings. Kohls (KSS) is down 2% on a downgrade. Not a good time to be a retailer.
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