Benzinga Pro's 5 Stocks To Watch Today

Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user!

Medigus Ltd MDGS stock was trading higher by more than 40 percent early Wednesday morning in reaction to a new development agreement. The medical device company will develop and manufacture an integrated visualization device based on its micro ScoutCam for A.M. Surgical to use in endoscopic procedures. It should be noted Medigus is a low float stock and could see extreme volatility and price movements.

World Wrestling Entertainment, Inc. WWE was trading higher by more than 10 percent after announcing a five-year renewal of "Raw" with USA Network and a new five-year agreement to bring "SmackDown" to Fox Sports in 2019.

Cara Therapeutics Inc CARA was trading higher by more than 30 percent after announcing encouraging phase 2/3 data. The biopharmaceutical company that focuses on alleviating pruritus and pain said a 1.0 mcg/kg dose of its I.V. CR845 demonstrated statistically significant reductions in pain intensity compared to placebo at all pre-specified post-operative periods.

Arcadia Biosciences Inc RKDA was trading higher by more than 25 percent after announcing a new partnership. The agricultural food ingredient company said it reached an agreement with Farmer's Business Network to distribute Arcadia's identity-preserved GoodWheat seeds to growers in its network.

Conagra Brands Inc CAG was trading lower by around 5 percent ahead of Wednesday's open after announcing a multi-billion acquisition. The packaged food company reached an agreement to acquire Pinnacle Foods Inc PF for $8.1 billion or $10.9 billion including debt.

Related Links:

Benzinga's Daily Biotech Pulse: Pain Therapeutics Drops 70%, Neon To Begin Trading

23 Stocks Moving In Wednesday's Pre-Market Session

Posted In: NewsPre-Market OutlookTrading Ideas
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...