Market Overview

Benzinga Pro's Top 5 Stocks To Watch For Tues., Feb. 11, 2020: DISH, HAS, SHOP, CODX, FB

Share:

Benzinga Pro's Stocks To Watch For Tuesday

  • DISH Network (DISH) - The stock was up more than 5% amid a report a U.S. judge will rule in favor of a Sprint (S)T-Mobile (TMUS) merger on Tuesday. With the report, a source told the Wall Street Journal the judge rejected State argument DISH will not emerge as a "viable competitor" after deal. Sprint shares were up 71% amid the report; T-Mobile shares were up 9%.
  • Hasbro (HAS) - Shares were up 7% following Q4 EPS of $1.24 which beat the analyst consensus estimate of $0.91. Sales of $1.428 billion missed the $1.4 billion estimate slightly. Shares of close peer Mattel (MAT) were up 3.3% in sympathy with Hasbro.
  • Shopify (SHOP) - Will report Q4 earnings before the market open on Wednesday, Feb. 12, 2020. Shopify shares were up about 40% over the last quarter and up about 11% over the last month.
  • Co-Diagnostics (CODX) - Shares were down 20% following news of a $10.2 million registered direct at-the-market offering. The offering followed a 32% rally on Monday on the heels of a company press release that highlighted "sales of its screening test designed to identify the presence of the novel coronavirus" but did not disclose the amount of sales. 
  • Facebook (FB) - Pivotal Research analyst Michael Levine downgraded shares of Facebook from Hold to Sell and cut his price target from $215 to $180. The stock was down 1% in pre-market activity. With shares last around $211, the analyst's new price target represented potential downside of about 14%.
 

Related Articles (DISH + S)

View Comments and Join the Discussion!

Posted-In: Pre-Market Outlook