Time for your daily dose of trending tickers, the stocks that you're tracking as measured by Yahoo finance ticker searches. Making the list today:
We don't have Coke. Is Pepsi (PEP) OK? That's the word from Wall Street as the world's also-ran soda maker beat earnings estimates a day after rival Coke (KO) disappointed. Shares are bubbling higher by 3%. The trick was chips as Doritos and Lays grew 2.5% in North America, offsetting weakness in soda. Strength in Tropicana juices also helped the company earn $1.32 in earnings for the quarter.
Next up, Puma Biotechnology (PBYI). The stock rocketing up more than 275% today. The company announced last night that they had some very promising results in trials of a new breast cancer drug called Neratinib. According to the company the drug improved disease free survival rates by 33% compared to a placebo. Puma says they will apply for marketing approval for the drug early next year.
Finally, Apple (AAPL) is up 3% and making 52-week highs after reporting a quarter that was actually pretty bland, if we're being honest. Investors were encouraged by strong margins but iPad sales were a slight disappointment. Analysts and the iPublic are still waiting for release dates for the iPhone 6 and so-called phablet expected in September at the earliest. Nit-picking aside, Apple is so good the company almost needs a different set of metrics. Take cash on the balance sheet; after all the buybacks, dividends and the $3 Beats purchase Apple STILL has nearly $140 billion in net cash on the balance sheet. For those watching at home Apple's all-time high share price is $100.28, adjusted for its 7:1 split.
Those are your Trending Tickers today. Tell us what stocks you're watching on Twitter using the hashtag #TrendingTickers.
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