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The Week Ahead In Biotech: ASCO Presentations In The Spotlight
2020 May 24, 2:40pm | 2088Read More...Biotech stocks closed the week ended May 22 higher, with stray clinical readouts and COVID-19 drug- and vaccine-related news moving stocks in the sector. Surface Oncology Inc (NASDAQ: SURF) was one of the biggest advancers of the week after it announced an oncology partnership with Merck & Co...
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Bulls And Bears Of The Week: Carvana, Comcast, Walmart And More
2020 May 23, 12:30pm | 878Read More...Benzinga has examined the prospects for many investor favorite stocks over the last week. This week's bullish calls included a couple of big-box retailers. Big banks featured recently in both bullish and bearish calls. As the reopening of the economy gears up, leading to some optimism on...
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19 Crazy 'Champions For Charity' Prop Bets
2020 May 22, 3:40pm | 919Read More...In what could be the most ambitious sports crossover of 2020, the stage is set for Tiger Woods and Peyton Manning vs. Phil Mickelson and Tom Brady in “The Match: Champions for Charity” on Sunday. The much-anticipated event will see four sports giants hit the links in an event...
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Analyst: Why Penn National And Boyd Could Outperform As US Casinos Reopen
2020 May 22, 3:00pm | 462Read More...Casino stocks were some of the hardest hit stocks in the market during the coronavirus-driven market sell-off. Casinos are finally starting to open back up in parts of the U.S., but it may still be a long time before things are anywhere close to normal in the gambling world. Safe Bets? Bank of...
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Watch Benzinga CEO's 'Crazy' XpresSpa Stock Pick Play Out In Real-Time: Video
2020 May 22, 2:42pm | 1045Read More...We talk about trading ideas all the time on PreMarket Prep. Usually, these ideas are based on technicals, relationships or headlines that are already out there. On Friday, we gave a new kind of trading idea: news that hadn’t happened yet. Our CEO Jason Raznick predicted...
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Why Cannabis Stocks Are Surging To Close The Week: The Coronavirus Confusion
2020 May 22, 2:13pm | 502Read More...Cannabis stocks have been on a steady rise since Thursday morning, with all major U.S. traded ETFs, the ETFMG Alternative Harvest ETF (NYSE: MJ), the AdvisorShares Pure Cannabis ETF (NYSE: YOLO), the Cannabis ETF (NYSE: THCX), and the Amplify Seymour Cannabis ETF (NYSE: CNBS), up by double digits....
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What The Yield Curve Is Saying About The Stock Market Rally
2020 May 22, 1:45pm | 439Read More...The SPDR S&P 500 ETF Trust (NYSE: SPY) is up 31.8% since March 23, but many investors are skeptical of the rally given the ongoing global COVID-19 pandemic. Investors looking to confirm the recent rally has legs should look to the yield curve, according to Sevens Report Research’s Tom...
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3 Tips To Make Money In The Stock Market
2020 May 22, 1:20pm | 1053Read More...In February, financial markets experienced a historic liquidation that paralleled the onset of the COVID-19 coronavirus pandemic. Alongside the introduction of global lockdowns, brokerage account openings rose rapidly as sheltered market participants searched for ways to maintain engagement with...
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Generic Threat To Amarin's Vascepa Overrides Positive Sentiment On Coronavirus Announcement
2020 May 22, 1:15pm | 557Read More...Amarin Corporation plc (NASDAQ: AMRN) shares, which were higher in after-hours trading Thursday following the company's announcement regarding a third-party pilot trial of its Vascepa in COVID-19, were giving back the gains Friday. First Vascepa Generic Greenlighted The negative sentiment...
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Tectonic Shift in the US Domestic Crude Oil Grades Market
2020 May 22, 12:52pm | 2821Read More...Executive summary The US domestic crude oil grades market has seen a tectonic shift in the first quarter of 2020 in response to the global demand and supply shocks that flowed from the COVID-19 pandemic and the recent OPEC+ meetings. Consequently, US exports have declined in the short-term, and the...
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46 Stocks Moving In Friday's Mid-Day Session
2020 May 22, 12:45pm | 1536Read More...Gainers Navidea Biopharmaceuticals, Inc. (NYSE: NAVB) shares jumped 98.40% to $2.5201 after the company announced positive preliminary results from the second interim analysis of its ongoing NAV3-31 Phase 2B study. Sundial Growers Inc. (NASDAQ: SNDL) rose 80.2% to $1.09 after gaining over 9% on...
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9 Nvidia Analysts On Q1 Beat, Ampere GPU: 'A Pure Play In Accelerated Computing'
2020 May 22, 11:47am | 1324Read More...NVIDIA Corporation (NASDAQ: NVDA) reported strong fiscal year 2021 first-quarter results Thursday after the close, sending the chipmaker's stock higher Friday. The Nvidia Analysts UBS Securities analyst Timothy Arcuri maintained a Buy rating on Nvidia shares and raised the price target...
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Stocks That Hit 52-Week Lows On Friday
2020 May 22, 10:56am | 451Read More...On Friday morning, 7 companies achieved new lows for the year. Key Facts: The largest company in terms of market cap to set a new 52-week low was HSBC Holdings (NYSE: HSBC). The smallest company by market cap to set a new 52-week low was Noble (NYSE: NE) Luckin Coffee (...
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Stocks That Hit 52-Week Highs On Friday
2020 May 22, 10:31am | 1858Read More...On Friday, 46 stocks hit new 52-week highs. Noteables: Shopify (NYSE: SHOP) was the largest firm by market cap to set a new 52-week high. The smallest company by market cap to set a new 52-week high was Navidea Biopharmaceutical (AMEX: NAVB) Stocks that set new 52-week highs...
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XpresSpa's Stock Skyrockets On Coronavirus Testing Contract
2020 May 22, 10:07am | 245Read More...XpresSpa (Nasdaq: XSPA) shares are trading sharply higher on Friday after the company announced it signed a contract to screen and test for COVID-19 at JFK International Air Terminal. The terminal will host nine separate testing rooms with a capacity to administer over 500 tests per day. XpresSpa...
