QMID volume surges 23x as Coca-Cola bottler slides

WisdomTree U.S. MidCap Quality Growth Fund (QMID) has seen unusual trading volume, which is 23× higher than its average daily volume.

Among QMID’s top holdings, Coca-cola Bottling Co. Consolidated is under pressure as its shares slide from recent highs amid a broader selloff in consumer staples, with investors worrying about surging oil prices, weak consumer confidence tied to Middle East tensions, and rising input and transport costs, while recent analyst downgrades have further darkened sentiment. In contrast, energy producer Permian Resources Corporation has drawn a flurry of positive analyst attention, with multiple firms reiterating Buy ratings and setting price targets above current levels despite negative insider sentiment, including significant recent share sales by a company director, following a quarter in which revenue eased year over year but net profit increased.