Liquidity Services Soars +30%
Good afternoon. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets were mixed. The Nasdaq Composite carried +1.77% and closed at an all-time high. The Dow dipped -0.22%.
Consumer discretionary and communications advanced more than +1.60%. Healthcare fell -1.36%. Consumer staples and utilities tumbled more than -0.60%.
New 52-Week Highs led New Lows — 83 vs. 50.
THE BEST OF THE BEST
Liquidity Services ($LQDT) is the Best of the Best. The surplus asset e-commerce marketplace marched +30.72% following its Q4 earnings report.
$LQDT closed at its highest price since September 2013.
Here’s the daily chart.
And monster monthly chart.
THE WORST OF THE WORST
CVS Health ($CVS) is the Worst of the Worst. The retail pharmacy fell -4.21% and closed at its lowest price since April 2020.
Here’s the daily chart.
And monthly chart.
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