Market Overview

10 Hottest Stocks From October 8, 2018

Related ALT
55 Biggest Movers From Yesterday
58 Biggest Movers From Yesterday
10 Hottest Stocks From October 9, 2018
44 Biggest Movers From Yesterday

This list of stocks was generated by tracking the most-popular ticker searches on the Benzinga Pro real-time news platform.

Readers can rely on this daily list to offer insight into which stocks retail investors are most interested in during a given trading session. In addition to providing the list itself, this article offers a quick glimpse into why a certain stock may be trending.

  1. Shares of biotechnology company Altimmune (NASDAQ: ALT) fell over 30 percent to $4.94 after the company announced a $25 million registered direct offering.
  2. China Lending Corp. (NASDAQ: CLDC) shares surged 61 percent to $1.29 after reporting a partnership with Zhejiang Lixin Holding that will allow the company to expand its product portfolio and increase its market share in supply-chain financing.
  3. Shares of India Globalization Capital, Inc. (NYSE: IGC) rose 64 percent to $6.74 after announcing a line of CBD-infused drinks. The stock has surged more than 500 percent in the past month.
  4. Oil giant Petrobras (NYSE: PBR) rose 10.6 percent to $15.38 in light of Jair Bolsonaro’s first round victory in Brazil’s presidential election. Bolsonaro is advocating for less government interference in state companies.
  5. Shares of New Age Beverages Corp. (NASDAQ: NBEV) dropped 12.69 percent to $7.36 after a rise in shares in light of a CBD beverage line announcement. New Age Beverages falls into the volatility category of several companies selling weed-related products.
  6. Tobacco supplier Pyxus International, Inc. (NYSE: PYX) soared 36.6 percent to $38.52. Citron Research expressed optimism in the stock, saying Pyxus has “real management” and will perform well “as long as investors are cannabis crazy.”
  7. Square, Inc. (NYSE: SQ) fell 8.56 percent to $86.05 due to negative news items. The company’s recent announcement of allowing merchants to offer installment financing to customers was not well-received and the company has since experienced negative analyst positioning.
  8. Shares of Tesla, Inc. (NASDAQ: TSLA) fell 4.35 percent to $250.56 amid comments from David Einhorn's Greenlight Capital, comparing Tesla to the demise of the Lehman Brothers.
  9. General Electric Co. (NYSE: GE) rose 3.1 percent to $13.60 after the company sold $1 billion in equity investments to Apollo Global Management and Barclays upgraded the stock.
  10. Shares of biofuels company Gevo, Inc. (NASDAQ: GEVO) surged 12.53 percent to $4.40 as the company continues to leverage new production capabilities.

Posted-In: Citron Research Hottest stocksNews Short Sellers After-Hours Center Movers Trading Ideas


Related Articles (ALT + CLDC)

View Comments and Join the Discussion!

Tesla 'Uniquely Positioned To Lead In Ecosystem,' Macquarie Says In Bullish Initiation

3 Strategies To Trade Volatility Effectively With The VIX