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Neurometrix Inc NURO stock was trading higher by nearly 50 percent early Tuesday morning. The innovation driven healthcare company said it received the first milestone payment from GSK Consumer Healthcare totaling $3.8 million as part of a strategic collaboration.
United Parcel Service, Inc. UPS could see increased volatility throughout Tuesday's trading session. Rival FedEx Corporation FDX is scheduled to report its fiscal fourth-quarter results after Tuesday's market close.
SenesTech Inc SNES was trading lower by 1 percent after announcing a shelf offering. The pest control company filed for a $10 million securities shelf offering after the stock gained 10 percent on Monday. It should be noted SenesTech is a low-float stock, many of which experienced unusual levels of volatility.
Technology Select Sector SPDR Fund XLF could see increased volatility ahead of a major component's earnings report. Heavyweight tech giant Oracle Corporation ORCL is scheduled to report its fiscal fourth-quarter results after Tuesday's close and the report may move the entire technology sector.
Arcadia Biosciences Inc RKDA was trading higher by more than 4 percent. Analysts at H.C. Wainwright initiated coverage of the agricultural food ingredient company's stock with a Buy rating and $20 price target, which implies a potential upside of nearly 150 percent.
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