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Lamb Weston Holdings Inc (LW): Price Now Near $66 03; Daily Chart Shows Downtrend on 20 Day Basis
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North American Morning Briefing: Stock Futures -3-
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Lamb Weston Holdings Inc (LW): Price Down $-1.65 (-2.09)% Over Past Day, Down $-0.42 (-0.54)% Over Past Hour
At the moment, LW (
Get Ratings)’s price is down $-0.42 (-0.54%) from the hour prior. The hourly chart shows that LW has seen
2 straight down hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Of note is that the 50 hour changed directions on LW; it is now pointing down. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Carnival, Smart Global rise; Genworth, Lamb Weston fall
April 7, 2021
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Genworth Financial Inc., down 13 cents to $3.38.
The insurer pulled the plug on its long-delayed $2.7 billion sale to China Oceanwide Holdings Group.
News Corp, down 14 cents $26.42.
The owner of The Wall Street Journal and HarperCollins is offering $750 million in senior notes.
Accenture Plc., up 94 cents to $282.57.
The consulting company bought cloud analytics company Core Compete.
Lamb Weston Holdings Inc., down $2.93 to $77.99.
The frozen french fry maker reported weak fiscal third-quarter profits.
Smart Global Holdings, up $5.84 to $54.55.
The chipmaker s fiscal second-quarter profit beat Wall Street forecasts.
Carnival Corp., up 40 cents to $29.
The cruise line operator gave investors an encouraging update on its first-quarter finances and bookings.
Carnival, Smart Global rise; Genworth, Lamb Weston fall
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