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Benzinga Pro's Top 5 Stocks To Watch For Thurs., Feb. 27, 2020: MSFT, JCP, APT, BBY, TNXP

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Benzinga Pro's Stocks To Watch For Thursday

  • Microsoft (MSFT) - Shares were down 3.5% following a warning the company will not achieve its Q3 guidance for its "More Personal Computing" segment. The company said its supply chain operations were returning to normal operations at a slower-than-expected pace amid the coronavirus outbreak.
  • JC Penney (JCP) - The company reported Q4 adjusted earnings of $0.13/share vs the analyst consensus estimate of a $0.06/share loss. Shares were up 4% following the results.
  • Alpha Pro Tech (APT) - The stock was up 36% following news the company received $14 million in face mask orders over the last month. The company said it will be able to fulfill $4 million of those orders over the next month. 
  • Best Buy (BBY) - Shares were down 1.5% following better-than-expected Q4 results and mixed guidance. 
  • Tonix Pharma (TNXP) - Thursday morning's biggest winner, Tonix shares were up 84% on continued momentum following news Wednesday the company will undertake a research collaboration with Southern Research to develop a potential vaccine for the coronavirus. We did not see any new news specifically related to the company Thursday morning.
 

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Posted-In: Pre-Market Outlook