Benzinga Pro's 5 Stocks To Watch Today

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Microsoft Corporation MSFT stock was trading higher by more than 3 percent Friday morning in reaction to a strong fiscal fourth-quarter earnings report Thursday afternoon. On top of a top-and-bottom line beat, the tech giant reported strong commercial cloud revenue growth.

Zynerba Pharmaceuticals Inc ZYNE lost more than 20 percent after the cannabinoid-focused company announced a public offering of common stock. The company said proceeds will be used to support the clinical development of its ZYN002 therapy and for general corporate purposes.

iShares FTSE/Xinhua China 25 Index (ETF) FXI gained nearly 1.5 percent after President Donald Trump said he's "ready to go" with tariffs on all $505 billion of Chinese goods imported to the U.S. The SPDR S&P 500 ETF Trust SPY was trading lower by 0.11 percent at the same time early Friday.

MER Telemanagement Solutions Ltd. MTSL gained more than 10 percent on no notable news. The nano-cap video advertising company saw heightened volume this week, including a surge on Monday from around $1.50 per share to around $6.50. Investors and traders are reminded that low-float stocks are susceptible to price manipulation and it would be prudent to keep an eye on technical indicators and profit taking.

Skechers USA Inc SKX was trading lower by more than 25 percent after the footwear company disappointed investors with its second-quarter earnings report and third-quarter guidance. The company guided its third-quarter EPS to a range of 50 cents to 55 cents on revenue of $1.2 billion to $1.225 billion versus the Street's model of 68 cents per share and $1.26 billion.

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