Benzinga Pro's Top 5 Stocks To Watch For Wed., Mar. 4, 2020: JWN, VIR, CMG, AHPI, GNMK

Loading...
Loading...

Benzinga Pro's Stocks To Watch For Wednesday

  • Nordstrom (JWN) - Shares were down about 7% following a Q4 earnings and sales miss. FY20 guidance was toward the lower end of the analyst consensus estimate range. 
  • Vir Biotech (VIR) - Reported an expanded collaboration with Alnylam Pharma (ALNY) to advance RNAi therapeutics for the treatment of coronavirus infection. The stock was up 15%; Alnylam shares were quiet pre market.
  • Chipotle Mexican Grill (CMG) - Wells Fargo upgraded the stock to Overweight and set a $1,000 price target on shares, a level which represented about 32% upside from where shares traded Wednesday morning. Chipotle announced late Tuesday it will report quarterly results on April 21, 2020.
  • Allied Healthcare Products (AHPI) - Traders took profit Wednesday morning following an 80% rally in the stock over just the last five trading sessions. As the company manufactures emergency medical supplies and respiratory devices, traders have been using the stock as a play on continued concerns about the coronavirus outbreak. Shares were down 22% ahead of the opening bell.
  • GenMark Diagnostics (GNMK) - The stock rallied 22% on Tuesday following a press release from the company which disclosed initial shipments of ePlex research-use only test kits designed for coronavirus. The release did not disclose any figures related to the number of devices shipped. Shares continued higher Wednesday morning, up about 8%. 
Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Pre-Market Outlook
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...