Stocks To Watch For May 14
Some of the stocks that may grab investor focus today are:
Wall Street expects InterOil Corp (NYSE: IOC) to report its Q1 earnings at $0.05 per share on revenue of $310.8 million. IOC shares gained 0.76% to $58.05 in after-hours trading.
Fitch Ratings lowered the credit ratings of JPMorgan Chase & Co (NYSE: JPM). Shares of JPMorgan dipped 9.28% on Friday after the bank revealed a trading loss of $2 billion in its synthetic credit portfolio. JPM shares fell 0.81% to $36.66 in the after-hours trading session.
Analysts expect Photronics Inc (NASDAQ: PLAB) to post its Q2 EPS at $0.12 on revenue of $116.82 million. PLAB shares gained 2.88% to close at $5.72 on Friday.
Shares of Arena Pharmaceuticals Inc (NASDAQ: ARNA) jumped 73.77% on Friday after the US Food and Drug Administration recommended approval of the company's obesity pill. ARNA shares fell 0.47% to $6.33 in the after-hours trading session.
Shares of Nvidia Corp (NASDAQ: NVDA) climbed 6.36% on Friday after the company issued upbeat second-quarter revenue forecast. It also posted better-than-expected first-quarter revenue. NVDA shares gained 0.30% to $13.25 in after-hours trading.
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