5 Stocks To Watch For January 8, 2021

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

• Micron Technology, Inc. MU reported better-than-expected results for its first quarter and issued a strong forecast for the current quarter. Micron shares rose 1.3% to $80.14 in the after-hours trading session.
• F5 Networks, Inc. FFIV announced plans to acquire Volterra. The company lifted sales forecast and also reaffirmed its commitment to $1 billion in share repurchases. F5 Networks shares gained 3.3% to $186.02 in the after-hours trading session.
• PriceSmart, Inc. PSMT reported upbeat earnings and sales results for its first quarter on Thursday. PriceSmart shares gained 5.3% to $102.40 in the after-hours trading session.

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• VPC Impact Acquisition Holdings VIH shares jumped over 64% in after-hours trading following a Bloomberg report that the company is negotiating a merger with Intercontinental Exchange-owned cryptocurrency exchange Bakkt. The merger will value the emergent entity at over $2 billion. VPC Impact Acquisition shares jumped 64.4% to $17.11 in the after-hours trading session.
• BioNano Genomics Inc BNGO reported a proposed underwritten public offering of common stock. However, no terms of the offering were disclosed. Bionano Genomics shares dropped 11.6% to $4.42 in after-hours trading.