5 Stocks To Watch For January 4, 2021

Some of the stocks that may grab investor focus today are:

• Roku, Inc ROKU is in advanced negotiations to acquire rights to the content library of Quibi, according to the Wall Street Journal. Roku shares fell 0.2% to $331.45 in pre-market trading.
• Carl Icahn disposed of a sizeable amount of his stake in Herbalife Nutrition Ltd HLF, the Wall Street Journal reported. Out of his 16% stake in the company, Icahn offloaded 10% of his holdings for a consideration of $600 million. Herbalife shares gained 0.6% to close at $48.05 on Thursday.
• Xpeng Inc – ADR XPEV reported a 112% year-over-year surge in electric vehicle deliveries for 2020. The EV firm said total deliveries reached 27,041 units for the year ended Dec 31, 2020. Xpeng shares gained 3.9% to $44.50 in the pre-market trading session.

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• MGM Resorts International MGM increased its offer for Entain Plc to 8.1 billion pound ($11.1 billion). MGM shares slipped 0.4% to $31.40 in the pre-market trading session.
• India granted emergency use approval to coronavirus vaccine developed by AstraZeneca plc AZN in collaboration with the University of Oxford. The world's second most populous country also approved Covaxin, which is developed by Indian company Bharat Biotech. AstraZeneca shares gained 1.9% to $50.95 in pre-market trading.