Workflow
Stocks Under $20: 2 Movers Headed in Opposite Directions
ENVXEnovix (ENVX) Schaeffers Investment Research·2024-10-17 18:25

Amid another week of earnings season volatility, there are two major market movers this afternoon, heading in opposite directions on the charts. Both are trading under 20,however,remainingaffordable.ThepairareLemonadeInc(NYSE:LMND),whichisdown1.420, however, remaining affordable. The pair are Lemonade Inc (NYSE:LMND), which is down 1.4% to trade at 18.92, and Enovix Corp (NASDAQ:ENVX) -- up 2.4% at 11.46.SinkinglowerontheheelsofpeerTravelersCompanies′(TRV)third−quarterpop,LMNDisjustdaysoffareiterationoutofJPMorganSecurities,whobackedtheir11.46. Sinking lower on the heels of peer Travelers Companies' (TRV) third-quarter pop, LMND is just days off a reiteration out of JPMorgan Securities, who backed their 40 price target ...