Benzinga Pro's 6 Stocks To Watch Today

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AbbVie Inc ABBV stock gained around 2.5 percent after the biopharmaceutical company reported fourth quarter results. AbbVie said it earned $1.48 per share in the quarter on revenue of $7.739 billion, while Wall Street analysts were expecting the company to earn $1.44 per share on revenue of $7.53 billion.

Market Vectors Semiconductor ETF SMH, the exchange traded fund which tracks the performance of the Semiconductor 25 Index, will be closely watched. Perhaps the most notable component in the group, Intel Corporation INTC traded above its 52-week high of $47.65 in reaction to a top-and-bottom line earnings beat.

Starbucks Corporation SBUX lost more than 5 percent despite the coffee and food retailer reporting an encouraging fiscal first quarter earnings report. Starbucks said it earned 65 cents per share in the quarter on revenue of $6 billion, while Wall Street analysts were expecting the company to earn 57 cents per share on revenue of $6.18 billion.

Nike Inc NKE gained more than 1 percent after reports suggested notable activist investor Bill Ackman has been building a stake in the company throughout 2017. A Bloomberg report suggested Ackman's stake in the apparel and sportswear company is passive.

Sharing Economy International Inc SEII was trading higher by nearly 3 percent. The China-based company has been active in growing its exposure to blockchain technologies and announced Friday it will partner with Business Office Operation Limited to jointly develop online-to-offline (O20) sharing workspace solutions.

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