Skip to main content

Market Overview

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!

Cigna Corporation (NYSE: CI) stock gained nearly 2 percent early Thursday morning after The Wall Street Journal reported Wednesday notable activist investor Carl Icahn amassed a "sizable stake" and will vote against the insurer company's $54 billion proposed acquisition of Express Scripts Holding Co (NASDAQ: ESRX). Cigna also reported a better-than-expected second-quarter beat and issued upbeat full-year 2018 sales guidance.

Tesla Inc (NASDAQ: TSLA) was trading higher by nearly 9 percent after the electric automaker reported its second-quarter results. Tesla said it lost $3.06 per share in the quarter on revenue of $4.002 billion versus expectations of a $2.81 per share loss and $3.97 billion. The company guided to become "sustainably profitable and cash flow positive" in the back half of 2018.

Quarterhill Inc (NASDAQ: QTRH) was trading higher by 30 percent after its patent licensing company subsidiary WiLan won a $145.1 million verdict against Apple Inc. (NASDAQ: AAPL) in a patent infringement suit.

DexCom, Inc. (NASDAQ: DXCM) was trading higher by more than 20 percent after the developer of glucose monitoring systems reported its second-quarter results. The company said it lost 10 cents per share in the quarter on revenue of $242.5 million versus expectations of an 18 cent per share loss and $205.68 million. Management also lifted its full year 2018 sales outlook from $850-$860 million to $925 million versus expectations of $862.25 million.

InnSuites Hospitality Trust (NYSE: IHT) was trading higher by nearly 90 percent after the nano-cap REIT said it reached an agreement to sell its Yuma Hospitality Property for $16.25 million. Investors and traders should be reminded the REIT is a low float stock with 2.3 million shares outstanding and could be susceptible to low-float manipulate as has been seen in other names over the past few months.

Related Links:

32 Stocks Moving In Thursday's Pre-Market Session

A Peek Into The Markets: US Stock Futures Signal Lower Start On Wall Street


Related Articles (AAPL + CI)

View Comments and Join the Discussion!

Posted-In: News Pre-Market Outlook Trading Ideas

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at