6 Stocks To Watch For March 24, 2020

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

  • Wall Street expects Nike Inc NKE to post quarterly earnings at $0.60 per share on revenue of $9.84 billion after the closing bell. Nike shares rose 2.9% to $64.64 in after-hours trading.
  • Twitter Inc. TWTR reported that it is withdrawing its earnings forecast for the first quarter as its business is significantly impacted by the novel coronavirus outbreak. The social media company expects a lower revenue year-over-year and is projected to post GAAP operating losses for the quarter. Twitter shares rose 0.9% to $24.90 in the after-hours trading session.
  • Analysts are expecting IHS Markit Ltd INFO to have earned $0.64 per share on revenue of $1.08 billion in the latest quarter. IHS Markit will release earnings before the markets open. IHS Markit shares dropped 5.2% to close at $45.40 on Monday.

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  • Thor Industries, Inc. THO announced plans to temporarily suspended production in North America. Thor Industries shares dropped 2.6% to $34.14 in the after-hours trading session.
  • Analysts expect SYNNEX Corporation SNX to post quarterly earnings at $3.11 per share on revenue of $5.39 billion after the closing bell. SYNNEX shares gained 0.9% to $75.07 in after-hours trading.
  • Hoth Therapeutics, Inc HOTH disclosed a proposed common stock offering. The company’s shares jumped around 39% on Monday after the company reported a deal to jointly develop self-assembling vaccine for potential coronavirus treatment. Hoth Therapeutics shares fell 6.4% to $3.50 in the after-hours trading session.
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