Bullish Stocks Trading Above 50Days Moving Average: $DPHC $NCMI $COOP

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DiamondPeak Holdings Shares Hit $18.68

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DiamondPeak Holdings Corporation (NASDAQ:DPHC) is currently trading 41.50% above its 50 Days simple moving average and the stock looks bullish. The leading N/A Company with listed stocks in the US opened trading on August 10 at $17 per share after closing the previous day at $17.6. The stock varied during the day hitting a low of $16.65 and a high of $18.6799 with the latest price on the day being $17.78. DiamondPeak Holdings shares are listed in the NASDAQ trading markets and the company employs 0 employees as the company does not offer any significant operations. It plans to effect a merger, asset acquisition capital stock exchange, reorganization, and stock purchase of business combinations with other businesses.

National CineMedia Reports Q2 2020 Results

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National CineMedia Inc. (NASDAQ:NCMI) is also another bullish looking stock which is currently trading 27.86% above its 50 Days simple moving average. The company has announced its consolidated fiscal Q2 2020 and 1H 2020 results. Total revenue in the quarter was down 96.4% to $4 million while operating loss increased by 163.1% to $23.8 million from the income of $37.7 million in Q2 2019. Net loss in the quarter was $13.8 million or $0.18 per share compared to net income of $8.9 million or $0.11 per share a year ago.

For 1H 2020 the company saw revenue drop 63.3% to $68.7 million while operating loss increased by 138.9% to $18.9 million. Net loss for the first half of the year was $17.5 million or $0.22 per share.

Mr.Cooper Group To Hire Additional 2,000 Staff This Year

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Another bullish looking stock is Mr.Cooper Group Inc. (NASDAQ:COOP) which is currently trading 30.88% above its 50 Days simple moving average. Leading global property data and analytics solutions provider CoreLogic(R) has announced that Mr. Cooper is among the biggest mortgage services in the country and has transitioned its whole portfolio to CoreLogic's DigitalTax Platform(TM) top offer customer the best in class data-driven digital solutions.

The company is planning to hire over 2,000 mortgage p[professionals and support staff for the rest of 2020 has on-boarded over 3,000 new members this year. Mr. Copper is welcoming 5,000 new staff across its servicing and origination teams.

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