5 Stocks To Watch For May 12, 2020

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Ingersoll Rand Inc (NYSE:IR) to report quarterly earnings at $0.27 per share on revenue of $1.24 billion before the opening bell. Ingersoll Rand shares slipped 1.2% to $28.75 in pre-market trading.
  • Grocery Outlet Holding Corp (NASDAQ:GO) reported better-than-expected results for its first quarter, with a 17.4% growth in comparable store sales. Grocery Outlet shares climbed 5% to $38.50 in the pre-market trading session.
  • Analysts are expecting Duke Energy Corp (NYSE:DUK) to have earned $1.19 per share on revenue of $6.34 billion in the latest quarter. Duke Energy will release earnings before the markets open. Duke Energy shares gained 0.5% to $82.07 in after-hours trading.

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  • Akebia Therapeutics Inc (NASDAQ:AKBA) reported a proposed $100 million public offering of common stock. Akebia Therapeutics shares fell 2% to $12.60 in the pre-market trading session.
  • Tencent Music Entertainment Group - ADR (NYSE:TME) reported weaker-than-expected results for its first quarter on Monday. Tencent Music shares dropped 3% to $11.07 in the pre-market trading session.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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