Bojangles’ stock sale plucks share price
These were the best performing Carolinas-based stocks included in the Capital Investment Cos./Nottingham index of public companies for the week that ended Dec. 2.
Cempra CEMP 14.4% – Three of 13 analysts following the Chapel Hill drug discovery company rate it a “buy.” It is among state’s most volatile stocks, down 75% in the last year.
Bank of America BAC 1.8% – Bank analysts from KBW told clients last week that BofA could have “the best earnings growth trajectory versus peers.” Shares trade at highest level in nine years.
BB&T BBT 1.3% — Former CEO John Allison talked with Donald Trump about job possibilities and said he would be interested in serving as Federal Reserve chairman. Shares trading near record high.
Chimerix CMRX (-9.8%) – The 12-month average price target of analysts is $6.89. Shares of drug discovery company closed Dec. 2 at $4.70.
Bojangles BOJA (-9.7%) — Shares drop after chicken and biscuit chain says it will sell 6 million shares at $17.25.
3D Systems DDD (-9%) – More than a quarter of the 3D printing company were sold short as of Oct. 31, suggesting investors view the stock as overvalued.