RESEARCH: Aerojet Rocketdyne powers to top gainer; Cobalt International Energy is top decliner - Momentum Monitor - Debtwire

RESEARCH: Aerojet Rocketdyne powers to top gainer; Cobalt International Energy is top decliner – Momentum Monitor

07 July 2022 - 06:51 am UTC

In this week’s Momentum MonitorAeroJet Rocketdyne powered to the top of our Top 20 Gainers list, as Meritor slipped to the No. 2 position and Monitronics International secured the No. 3 position. Energy-related firms, including California ResourcesDenbury ResourcesJones Energy and Bristow Group grabbed 11 spots on the list.

 

Cobalt International Energy sank to the top two spots on our list of the Top 20 Decliners, and Synchronoss Technologies took the No. 3 position. Also noteworthy among our Top 20 Decliners were multiple issues of WindstreamUniti Group and PetSmart.

 

Our Bonds with Reversing Negative Trends list saw an increase to 87 issues compared to 71 in the prior week.

 

Our list of Bonds with Reversing Positive Trends decrease to 93 issues from 125 in the prior week.

 

For our list of the Top 20 Bonds with Unusual Volume, we highlight Allegion plc and Pride International.

 

The Momentum Monitor’s Distressed Universe Joiners featured three issues from issuers WindstreamComstock Resources and PetSmart.

 

Our list of Distressed Universe Quitters had two issues—one each for Noble Holdings and Gibson Brands.

 

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