Diamonds and Dogs
Hope you got your video cameras ready for the holiday party shenanigans. After a dismal year, GoPro (GPRO) is jumping 15% on analyst comments suggesting Apple should buy them. Part of the Apple buyout speculation is due to the release of new footage of GoPro's new drone called Karma which can be controlled by an Apple watch. Whatever the news after dropping below its IPO price, GoPro deserves a holiday rally.
Go buy yourself a nice suite for the holiday parties. Today's dog is Men's Warehouse (MW) once again down 19% to new lows following disappointing earnings. The stock was a dog at the start of November dropping 37% after lowering guidance. Today they released those lousy numbers and things have gone from bad to worse dragged down by the Jos. A Bank merger. With the stock down 75% since June, let's hope management can get things turned around sooner than later.