In Blog

G1 Therapeutics is on fire, with investors obviously excited about the company’s anti-cancer drugs, soaring more than 30% last week. Here are the major movers in the Capital Investment Cos./Nottingham Index of Carolinas-based public companies for the week ended Sept. 8. The index includes companies with shares trading for at least $10.

The biggest gainers:

G1 Therapeutics  (GTHX)   31.1%   $26.51 — Durham-based developer of anti-cancer drugs has more than doubled in the last month. The company went public at $15 in May.

Jeld-Wen  (JELD)  7.6%   $33.31 — Rebuilding after Hurricanes Harvey and Irma should boost sales of the Charlotte-based company’s windows and doors. Shares have gained 28% in the last year.

Lowe’s Cos.  (LOW)   5.2%   $78.56 — Mooresville-based retailer should benefit from a surge in rebuilding after the Texas and Florida natural disasters. Shares have gained 9.5% over the last year.

Biggest decliners:

INC Research (INCR) (-5.9%)  $55.55 — Raleigh-based contract-research organization traded at record $60.55 in June and has gained 29% in the last year.

Brighthouse Financial (BHF)  (-5.1%)  $54.54 — Charlotte-based seller of life insurance and annuities was spun off by MetLife in August. It has traded down since closing at $62.75 on its first day of trading, hurt by fears of lower interest rates that will squeeze margins.

BB&T  (BBT)  (-5%)  $43.97  — Like Brighthouse and other financial stocks, BB&T was hit by concerns over lower interest rates. The Winston-Salem-based bank has gained 15% over the last year.

Recommended Posts
Contact Us

Questions or feedback? Drop us a message!

Start typing and press Enter to search