Retail Investors Eye Cubic as a Legit Takeover Candidate

Shares of Cubic Corp. rallied 34.5% and interest in the ticker by retail investors surged Monday on reports the company implemented a limited-duration shareholder rights plan in response to Elliott Management’s “undisclosed, rapid stock accumulation and expression of desire to acquire company.” Investors were actively reading relevant information on Cubic early in the trading week to evaluate the potential for a corporate buyout that could send shares even higher. Then, on Wednesday, Reuters reported that Elliott and Veritas Capital could make a joint bid for the company, while Truist analysts suggested that a buyout could be in the $80-85 range, or a 42-51% premium to the current price of $56.3 per share.

As buyout speculation lifted shares, Cubic earned the top spot for retail investor traffic surge from a week ago. This edition of Advisors in Focus: TrackStar Insights offers a complete listing of stocks, exchange traded funds, industry groups, and ETF categories that, like Cubic, are seeing growing interest and increased research activity by retail investors over recent days, according to TrackStarIQ rankings. Please find the details below.

Top Stocks by Retail Investor Traffic Surge* :

Rank      Ticker      Company     
3 LGC Legacy Acquisition Corp.
2 NAOV Nano Vibronix
1 CUB Cubic Corp.

Top ETFs by Retail Investor Traffic Surge* :

Rank      Ticker      Company     
3 EEV UltraShort MSCI Emerging Markets
2 FTCS First Trust Capital Strength ETF
1 PTF Invesco DWA Tech Momentum ETF

Top Industry Groups by Retail Investor Traffic Surge* :

Rank      Industry Group     
3 Cash grains
2 Computer and office equipment
1 Soaps and other detergents

Top ETF Categories by Increase (or smallest decrease) in by Retail Investor Traffic* :

Rank      ETF Category     
3 Hedge fund
2 Small cap value equities
1 California munis

*Surge in traffic is evaluated by the increase in average traffic from the previous two days from the five-day period preceding it.

Top 20 Surging Stocks by Retail Investor Traffic (two days vs. prior week) Ticker Top 20 Surging Industry Groups by Retail Investor Traffic (two days vs. prior week) Top 20 Surging ETFs by Financial Advisor Traffic (one week vs. prior week) Ticker Top 20 Surging ETF Categories by Retail Investor Traffic (two days vs. prior week)
Cubic Corp CUB Soap and other detergents Invesco DWA Technology Momentum ETF PTF California Munis
NanoVibronix Inc NAOV Computer & Office Equipment First Trust Capital Strength ETF FTCS Small Cap Value Equities
Legacy Acquisition Corp LGC Cash grains, misc UltraShort MSCI Emerging Markets EEV Hedge Fund
DigitalTown, Inc. DGTW Psychiatric hospitals Invesco Variable Rate Preferred ETF VRP Emerging Markets Bonds
Portofino Resources Inc. PFFOF Loan brokers Amplify Online Retail ETF IBUY Inverse Commodities
Capital Venture Europe Plc CPVNF Travel agencies Goldman Sachs Motif Manufacturing Revolution ETF GMAN National Munis
Condor Hospitality Trust Inc CDOR Furniture and fixtures, misc ProShares Ultra Short Real Estate SRS Foreign Small & Mid Cap Equities
DAVIDsTEA Inc DTEA Miscellaneous Chemical Products WisdomTree Emerging Markets Equity Income Fund DEM Inverse Equities
INDIVIOR PLC INVVY Ophthalmic goods Invesco BulletShares 2023 Corporate Bond ETF BSCN Inverse Bonds
International Consolidated Airlines Group SA ICAGY Real Estate Dealers iShares U.S. Insurance ETF IAK Total Bond Market
XsunX, Inc. XSNX Fresh and frozen packaged fish Invesco S&P SmallCap Energy ETF PSCE Financials Equities
VerifyMe, Inc. VRME Salted and roasted nuts and seeds First Trust NASDAQ ABA Community Bank Index QABA Precious Metals
Imax Corp IMAX Natural gas distribution ProShares UltraShort Silver ZSL Europe Equities
Global Technologies Ltd GTLL Trucking, except local Vanguard Intermediate-Term Treasury ETF VGIT Small Cap Blend Equities
Averox, Inc. AVRI Air transportation, scheduled Global X Russell 2000 Covered Call ETF RYLD Mid Cap Growth Equities
Metrospaces, Inc. MSPC Laboratory apparatus and furniture ProShares Ultra Short Basic Materials SMN Commodity Producers Equities
Union Bankshares Inc UNP Advertising, misc IQ US Real Estate Small Cap ETF ROOF Metals
Telco Cuba, Inc. QBAN Commercial equipment, misc ProShares UltraShort Dow 30 DXD Volatility Hedged Equity
Blonder Tongue Laboratories Inc BDR Pay TV iShares Yield Optimized Bond ETF BYLD MLPs
MediaG3, Inc. MDGC Converted Paper & Paperboard Prods iShares Microcap ETF IWC Leveraged Commodities

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