First Bancorp Flies To Fresh Highs
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FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets were mixed. The Nasdaq Composite cratered -0.93%. The Russell 2000 ripped +1.26%.
Energy surged +1.73%. Industrials inched +0.80%. Communications and tech tumbled more than -1%.
New 52-Week Highs led New Lows — 232 vs. 28.
THE BEST OF THE BEST
First Bancorp ($FBNC) is the Best of the Best. The North Carolina-based regional bank rallied +12.23% following its Q2 earnings report.
$FBNC finished at its highest price since December 2022.
Here’s the daily chart.
And weekly chart.
THE WORST OF THE WORST
Lululemon ($LULU) is the Worst of the Worst. The athleisure pioneer plunged -9.09% following a triple downgrade by JP Morgan, Citi and Cowen.
$LULU closed at its lowest price since May 2020.
Here’s the daily chart.
And weak weekly chart.
RILEY’S RECS
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