Friday, December 9, 2022

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.

Weakest performers:
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.

David Mildenberg
David Mildenberg
David Mildenberg is editor of Business North Carolina. Reach him at

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