Big Rebound By Visteon Pushes D20 to a Gain

After a one-week set-back, the Driverless Transportation Weekly Stock Index (D20) returned to its winning ways, largely thanks to a big rebound by Visteon Corporation.

Twelve price gainers out-weighed eight price losers to help the D20 beat the Dow and S&P 500.

The D20 gained 1.23 points, or 0.6 percent, as it climbed to 215.04 while the S&P 500 added 0.2 percent to close at 2,438.30 and the Dow remained virtually unchanged at 21,394.76.

Visteon (VC), the automotive parts maker, was the D20’s price gain percentage leader of the week, adding $3.54 to its stock price and closing at $95.91 per share. It rebounded nicely from last week’s 8-percentage-point drop in price.

Blackberry (BBRY) missed its quarterly revenue forecast, which hammered its stock price, dropping it 7.8 percent and making it the D20 price-percentage loser of the week.

Visit the Driverless Transportation D20 Stock Index page to learn more about it and its component stocks.

Up-and-Comers:

Navya, maker of the Arma, a driverless shuttle bus, has announced that it will deploy two Armas to the University of Michigan campus in Ann Arbor. It is part of the Mcity Program, the University of the Michigan-led partnership with driverless and connected vehicle makers to improve safety, sustainability and accessibility in an urban test facility.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *