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Market Overview

Benzinga Pro's Top 5 Stocks To Watch For Fri., Mar. 13, 2020: GLD, OPK, IBIO, CPB, CANF


Benzinga Pro's Stocks To Watch For Friday

  • SPDR Gold Shares (GLD) - Gold has not been serving as a store of value during this week's market rout. While the S&P 500 has been down about 5%, gold has been down about 6%. With the S&P 500 futures hitting a limit-up breaker Friday morning (up ~5%), gold is up about 0.7%.
  • OPKO Health (OPK) - Shares were up 50% Friday following a 15% decline Thursday. New York Governor Cuomo said the State is contracting with the company's BioReference Laboratories unit to run 5,000 tests/day for coronavirus. Additionally, the company announced its BioReference Labs is now accepting specimens for testing coronavirus from healthcare providers throughout the US.
  • iBio (IBIO) - The stock was up 30% after the company filed four provisional patent applications for its virus-like particle platform technology in conjunction with FastPharming System for treating and preventing coronavirus infection.
  • Campbell Soup (CPB) - Shares were up about 3% to around $49 with the broader markets despite a Goldman Sachs downgrade to Sell. The firm set a $47 price target. 
  • Can-Fite (CANF) - The company announced it will explore anti-coronavirus effects of its piclidenoson in collaboration with Lewis Katz School of Medicine. The stock was up about 20%.

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Posted-In: Pre-Market Outlook