Trading Ideas https://www.benzinga.com/views/taxonomy/term/22 en History Suggests Record 50-Day Stock Market Rally May Be Just The Beginning https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16182262/history-suggests-record-50-day-stock-market-rally-may-be-just-the-beginning <p>The S&amp;P 500 has gained a record 39.6% since it hit its 2020 low back on March 23. Not only has that rally erased much of the year&rsquo;s COVID-19-related losses, it&#39;s also the best 50-day stretch in the history of the market.</p> <p>After such a strong rally, traders are understandably getting uneasy&nbsp;the market is overbought and due for a pullback. However, from a purely historical perspective, the strongest 50-day periods have generally led to even more gains over the year that follows, according to LPL Financial Senior Market Strategist Ryan Detrick.</p> <h3><strong>A Closer Look</strong></h3> <p>On Thursday, <a href="https://lplresearch.com/2020/06/04/best-50-day-rally-ever/">Detrick looked</a> at the seven other times since the S&amp;P 500 ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16182262/history-suggests-record-50-day-stock-market-rally-may-be-just-the-beginning alt=History Suggests Record 50-Day Stock Market Rally May Be Just The Beginning>Full story available on Benzinga.com</a></p> Analyst Color Long Ideas LPL Financial Ryan Detrick SPX SPY Futures Top Stories Markets Analyst Ratings Trading Ideas SPY US78462F1030 SPX Long Ideas Analyst Color Futures Top Stories Markets Analyst Ratings Trading Ideas Benzinga Thu, 04 Jun 2020 22:10:23 +0000 Wayne Duggan 16182262 at https://www.benzinga.com Traders Share Their View On Disney https://www.benzinga.com/media/20/06/16185349/traders-share-their-view-on-disney <p>Matt Maley of Miller Tabak and Gina Sanchez of Chantico Global spoke on <a href="https://www.cnbc.com/video/2020/06/04/trading-nation-disney-rose-27percent-this-quarter-heres-where-its-headed.html">CNBC&#39;s &quot;Trading Nation,&quot;</a> about <strong>Walt Disney Co</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dis#NYSE">DIS</a>).</p> <p>Sanchez said Disney&#39;s brand was rock solid before the pandemic and it&#39;s going to stay that way afterwards. The company has tremendous pricing power and tremendous brand ...</p><p><a href=https://www.benzinga.com/media/20/06/16185349/traders-share-their-view-on-disney alt=Traders Share Their View On Disney>Full story available on Benzinga.com</a></p> CNBC DIS Gina Sanchez Matt Maley Trading Nation Media Trading Ideas DIS US2546871060 Media Trading Ideas Benzinga Thu, 04 Jun 2020 22:06:12 +0000 Craig Jones 16185349 at https://www.benzinga.com 7 Stocks Moving In Thursday's After-Hours Session https://www.benzinga.com/news/20/06/16184867/7-stocks-moving-in-thursdays-after-hours-session <h2><strong>Gainers</strong></h2> <ul> <li><strong>Domo</strong>&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/domo#NASDAQ">DOMO</a>) shares are trading higher after the company reported better-than-expected Q1 EPS and sales results. The company also issued Q2 EPS and sales guidance above estimates.</li> <li><strong>DocuSign</strong>&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/docu#NASDAQ">DOCU</a>) shares are trading higher after the company reported better-than-expected Q1 EPS ...</li></ul><p><a href=https://www.benzinga.com/news/20/06/16184867/7-stocks-moving-in-thursdays-after-hours-session alt=7 Stocks Moving In Thursday&#039;s After-Hours Session>Full story available on Benzinga.com</a></p> DOCU DOMO GPS MDB MNLO News Penny Stocks WORK YEXT After-Hours Center Movers Trading Ideas GPS US3647601083 DOMO YEXT MDB MNLO DOCU WORK News Penny Stocks After-Hours Center Movers Trading Ideas Benzinga Thu, 04 Jun 2020 21:56:55 +0000 Tyree Gorges 16184867 at https://www.benzinga.com Why American Airlines Shares Took Off https://www.benzinga.com/general/travel/20/06/16184284/why-american-airlines-shares-took-off <p><strong>American Airlines Group Inc</strong>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aal#NYSE">AAL</a>) stock took off Thursday, gaining more than 40% on the day.</p> <p>The company said it believed 74% more flights will take place in July than in June.&nbsp;</p> <p>Vasu Raja, American&#39;s senior vice president of network strategy, said the busiest day in July would bring in almost twice as many passengers than the busiest ...</p><p><a href=https://www.benzinga.com/general/travel/20/06/16184284/why-american-airlines-shares-took-off alt=Why American Airlines Shares Took Off>Full story available on Benzinga.com</a></p> AAL airlines Bloomberg CNBC Travel Movers Trading Ideas General AAL Travel Movers Trading Ideas General Benzinga Thu, 04 Jun 2020 21:17:58 +0000 Drew Levine 16184284 at https://www.benzinga.com Recreation Stocks Surge As Americans Head Outdoors After COVID-19 Lockdowns https://www.benzinga.com/general/travel/20/06/16181437/recreation-stocks-surge-as-americans-head-outdoors-after-covid-19-lockdowns <p><strong>Dick&rsquo;s Sporting Goods Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dks#NYSE">DKS</a>) was quick to bounce back from the market&rsquo;s early COVID-19 plunge, and <strong>Sportsman&rsquo;s Warehouse Holdings Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spwh#NASDAQ">SPWH</a>) proved wholly resilient to the lockdown-related fallout.</p> <p>How else were locked-down Americans to socially social distance but in the open air? Especially as the weather warmed, camping became &ldquo;the perfect COVID <a href="https://www.benzinga.com/general/travel/20/06/16170036/cramer-touts-camping-stocks-the-perfect-covid-vacation">vacation</a>,&rdquo; according to CNBC&rsquo;s Jim Cramer. Restless consumers also settled for solo sports.</p> <h3>Callaway, SeaWorld Among Rec Stocks Moving&nbsp;</h3> <p>Golf fanatics &mdash; and even those typically partial to ...</p><p><a href=https://www.benzinga.com/general/travel/20/06/16181437/recreation-stocks-surge-as-americans-head-outdoors-after-covid-19-lockdowns alt=Recreation Stocks Surge As Americans Head Outdoors After COVID-19 Lockdowns>Full story available on Benzinga.com</a></p> AMC DKS ELY ERI GOLF PLAY SEAS SPWH Travel Sports Top Stories Movers Trading Ideas General ERI GOLF DKS US2533931026 ELY US1311931042 SEAS AMC SPWH PLAY Travel Sports Top Stories Movers Trading Ideas General Benzinga Thu, 04 Jun 2020 20:07:14 +0000 Elizabeth Balboa 16181437 at https://www.benzinga.com Why XpresSpa's Stock Is Trading Higher Today https://www.benzinga.com/news/20/06/16183974/why-xpresspas-stock-is-trading-higher-today <p><strong>XpresSpa </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xspa#NASDAQ">XSPA</a>) shares are trading sharply higher on Thursday. An XpresSpa Group <a href="https://sec.report/Document/0001104659-20-069761/">8-K</a>&nbsp;showed the company has entered a warrant exchange deal for 6.186 million shares to buy company shares.</p> <p>The move is also potentially on continued momentum after the company in late May announced ...</p><p><a href=https://www.benzinga.com/news/20/06/16183974/why-xpresspas-stock-is-trading-higher-today alt=Why XpresSpa&#039;s Stock Is Trading Higher Today>Full story available on Benzinga.com</a></p> News Penny Stocks why it's moving XSPA Movers Trading Ideas XSPA News Penny Stocks Movers Trading Ideas Benzinga Thu, 04 Jun 2020 20:03:20 +0000 Tanzeel Akhtar 16183974 at https://www.benzinga.com Is It Time To Take A Bite Of Cheesecake Factory's Stock? https://www.benzinga.com/trading-ideas/long-ideas/20/06/16182980/is-it-time-to-take-a-bite-of-cheesecake-factorys-stock <p>It seems people are ready to finally end the lockdowns due to the coronavirus pandemic and get out of their homes. Traders may be looking to capitalize on opportunities to buy the dip on popular businesses that will be reopening brick-and-mortar locations in the coming weeks and months.</p> <p>One of the industries yet to fully return to pre-coronavirus operations is dine-in food and beverage. Physical locations that have been desolate for months are slowly beginning to reopen their stores, thus creating a possible profit opportunity for investors.</p> <h3><strong>Time For CAKE?</strong></h3> <p>One such restaurant is <strong>Cheesecake Factory Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cake#NASDAQ">CAKE</a>), the nationally popular destination with over 200 locations in the U.S.. Since trading at ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16182980/is-it-time-to-take-a-bite-of-cheesecake-factorys-stock alt=Is It Time To Take A Bite Of Cheesecake Factory&#039;s Stock?>Full story available on Benzinga.com</a></p> CAKE Chris Camillo Long Ideas Restaurants Trading Ideas General CAKE US1630721017 Long Ideas Restaurants Trading Ideas General Benzinga Thu, 04 Jun 2020 19:45:09 +0000 Dylan Wittenberg 16182980 at https://www.benzinga.com You Can Bet On Stocks And Sports With This New iGaming ETF https://www.benzinga.com/trading-ideas/long-ideas/20/06/16181821/you-can-bet-on-stocks-and-sports-with-this-new-igaming-etf <p>High-flying <strong>DraftKings</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dkng#NASDAQ">DKNG</a>) finally has a home in an exchange-traded fund and investors finally have a way of accessing the fast-growing sports betting market in an umbrella fashion with today&#39;s debut of the <strong>Roundhill Sports Betting &amp; iGaming ETF</strong> (NYSE:BETZ).</p> <h3><strong>What To Know</strong></h3> <p>The Roundhill Sports Betting &amp; iGaming ETF debuts on the day that marks the first birthday of Roundhill&#39;s first ETF: the <strong>Roundhill BITKRAFT Esports &amp; Digital Entertainment ETF</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nerd#NYSE">NERD</a>).</p> <p>Like its older stablemate, BETZ is appropriately tickered and addresses a high-growth market highly attractive to younger players and investors.</p> <p>BETZ tracks the Roundhill Sports Betting &amp; iGaming Index and in the &ldquo;fun fact&rdquo; column, that benchmark allocates <a href="https://www.roundhillinvestments.com/index/betz/">just over 7% of its weight</a> to DraftKings. The online sportsbook company went public on April 24 and BETZ is its first ETF home of note.</p> <h3><strong>Why It&#39;s Important </strong></h3> <p>BETZ debuts as analysts are dramatically increasing their forecasts for the iGaming and sports wagering markets. Just a few months ago, even the <a href="https://www.casino.org/news/sports-betting-investing-has-new-idea-with-betz-fund/">rosiest of ...</a></p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16181821/you-can-bet-on-stocks-and-sports-with-this-new-igaming-etf alt=You Can Bet On Stocks And Sports With This New iGaming ETF>Full story available on Benzinga.com</a></p> BETZ BYD DKNG ERI gambling GAN Long Ideas MGM NERD News PENN Sector ETFs sports betting New ETFs Top Stories Trading Ideas ETFs ERI GAN PENN US7075691094 BYD US1033041013 MGM US5529531015 NERD DKNG BETZ Long Ideas Sector ETFs News New ETFs Top Stories Trading Ideas ETFs Benzinga Thu, 04 Jun 2020 18:55:07 +0000 ETF Professor 16181821 at https://www.benzinga.com Cloudera Analysts Say Private, Public Cloud Traction Key After Mixed Q1 https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16180687/cloudera-analysts-say-private-public-cloud-traction-key-after-mixed-q1 <p>Cloud-based enterprise data company <strong>Cloudera Inc </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cldr#NYSE">CLDR</a>) reported better-than-expected first-quarter results but issued below-par guidance Wednesday, sending its <a href=" https://www.benzinga.com/news/20/06/16178062/33-stocks-moving-in-thursdays-pre-market-session"> shares </a> lower.</p> <h3>The Cloudera Analysts</h3> <p>BofA Securities analyst <a href="https://www.tipranks.com/analysts/kash-rangan"> Kash Rangan </a> reiterated an Underperform rating on <a href="https://www.benzinga.com/media/19/12/14949333/ea-cloudera-and-more-fast-money-halftime-report-picks-from-dec-6">Cloudera shares</a>&nbsp;with an $8 price target.</p> <p>Wedbush analyst <a href="https://www.tipranks.com/analysts/daniel-ives"> Daniel Ives </a> maintained a Neutral rating and hiked the price target from $12 to $14.</p> <p>Needham analyst <a href="https://www.tipranks.com/analysts/jack-andrews"> Jack Andrews </a> reiterated a Hold rating.</p> <p>Stifel analyst <a href="https://www.tipranks.com/analysts/brad-reback"> Brad Reback </a> maintained a Hold rating and $11 price target.</p> <p>Morgan Stanley analyst <a href="https://www.tipranks.com/analysts/sanjit-singh"> Sanjit Singh</a> maintained an Overweight rating and nudged up the price target from $14 to $15.</p> <h3>Cloudera&#39;s Long-Term Guidance Could Be Challenging, BofA Says</h3> <p>Cloudera&#39;s first-quarter results reflected a large deal size momentum, lower churn, higher renewal rates and adoption of new products, Rangan said in a Thursday note.</p> <p>The company may find it challenging to achieve its longer-term guidance of 15-20%-plus&nbsp;revenue growth and 20%-plus cash flow margins due to several moving pieces, the analyst said.&nbsp;</p> <p>Among the challenges Rangan highlighted were sustained intense competition from public cloud vendors, uncertainty over the success of its recently released first-generation CDP Public Cloud and the likelihood of the yet-to-be released CDP Private Cloud succeeding.&nbsp;</p> <p>BofA attributed the lowered price target to&nbsp;lower revenue ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16180687/cloudera-analysts-say-private-public-cloud-traction-key-after-mixed-q1 alt=Cloudera Analysts Say Private, Public Cloud Traction Key After Mixed Q1>Full story available on Benzinga.com</a></p> Analyst Color BofA Securities Brad Reback CLDR cloud Daniel Ives Earnings Jack Andrews Kash Rangan Morgan Stanley Needham News Sanjit Singh Stifel Wedbush Guidance Price Target Reiteration Analyst Ratings Tech Trading Ideas CLDR US1890971088 News Analyst Color Earnings Guidance Price Target Reiteration Analyst Ratings Tech Trading Ideas Benzinga Thu, 04 Jun 2020 18:27:15 +0000 Shanthi Rexaline 16180687 at https://www.benzinga.com Coronavirus Vaccine Frontrunner Moderna Appoints Former Amgen Executive As CFO https://www.benzinga.com/general/biotech/20/06/16181545/coronavirus-vaccine-frontrunner-moderna-appoints-former-amgen-executive-as-cfo <p><strong>Moderna Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrna#NASDAQ">MRNA</a>), which is on the cusp of starting a Phase 3 trial of its <a href="https://www.benzinga.com/news/20/06/16156922/fauci-reiterates-moderna-vaccine-data-is-cautiously-optimistic-expects-pfizers-results-to-be-the-sam"> SARS-CoV-2 vaccine candidate mRNA-1273, </a> announced a C-suite change Thursday.&nbsp;</p> <h3>Moderna Taps Amgen Veteran</h3> <p>The Cambridge, Massachusetts-based biopharma said it has appointed David Meline as its CFO effective June 8.</p> <p>The company announced along with its first-quarter earnings release May 7 that Lorence Kim, the incumbent CFO, will leave the company in August after a six-year stint.</p> <p>Meline previously served as CFO of <strong>Amgen, Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amgn#NASDAQ">AMGN</a>) between 2014 and 2019, and also served in a similar ...</p><p><a href=https://www.benzinga.com/general/biotech/20/06/16181545/coronavirus-vaccine-frontrunner-moderna-appoints-former-amgen-executive-as-cfo alt=Coronavirus Vaccine Frontrunner Moderna Appoints Former Amgen Executive As CFO>Full story available on Benzinga.com</a></p> AMGN BGNE Biotech MMM MRNA News Health Care Management Trading Ideas General AMGN US0311621009 MMM US88579Y1010 BGNE MRNA US56804Q1022 News Biotech Health Care Management Trading Ideas General Benzinga Thu, 04 Jun 2020 17:07:58 +0000 Shanthi Rexaline 16181545 at https://www.benzinga.com 60 Stocks Moving In Thursday's Mid-Day Session https://www.benzinga.com/news/20/06/16181978/60-stocks-moving-in-thursdays-mid-day-session <h3><strong>Gainers</strong></h3> <ul> <li><strong>Cinedigm Corp.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cidm#NASDAQ">CIDM</a>) shares jumped 201.5% to $3.95 after the company announced it has partnered with Vewd for global OTT channel distribution. On Wednesday, Cinedigm reported the launch of The Bob Ross Channel on Roku.</li> <li><strong>Vislink Technologies, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/visl#NASDAQ">VISL</a>) gained 130.3% to $0.9789 after gaining over 25% on Wednesday.</li> <li><strong>Kezar Life Sciences, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kzr#NASDAQ">KZR</a>) rose 90.6% to $8.52 after the company announced updated results from the Phase 1b portion of the Phase 1b/2 MISSION study, which is evaluating the safety and tolerability of KZR-616 in patients with systemic lupus erythematosus with and without nephritis, showing overall improvements across seven measures of disease activity.</li> <li><strong>Luby&#39;s, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lub#NYSE">LUB</a>) shares jumped 90.5% to $1.6118 after the company reported Q2 results and announced it will pursue a sale of its operations and assets.</li> <li><strong>Dolphin Entertainment, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dlpn#NASDAQ">DLPN</a>) jumped 77.6% to $1.5880 after surging around 52% on Wednesday.</li> <li><strong>Mereo BioPharma Group plc </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mreo#NASDAQ">MREO</a>) jumped 70% to $3.3499 as the company reported completion of $70 million private placement.</li> <li><strong>XpresSpa Group, Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xspa#NASDAQ">XSPA</a>) shares jumped 57.4% to $1.70 after gaining more than 20% on Wednesday.</li> <li><strong>Actinium Pharmaceuticals Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/atnm#NYSE">ATNM</a>) surged 39.6% to $0.3090 after H.C. Wainwright initiated coverage on the company&#39;s stock with a Buy rating and announced a $3 price target.</li> <li><strong>Luckin Coffee Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lk#NASDAQ">LK</a>) gained 32.5% to $3.42.</li> <li><strong>Sterling Bancorp, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sbt#NASDAQ">SBT</a>) shares rose 28.7% to $3.7199.</li> <li><strong>Tupperware Brands Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tup#NYSE">TUP</a>) gained 28% to $4.95.</li> <li><strong>American Airlines Group Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aal#NASDAQ">AAL</a>) jumped 26.1% to $14.94 after the company said it will boost its U.S. flight schedule next month. It plans to fly more than 55% of July domestic capacity.</li> <li><strong>Duluth Holdings Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dlth#NASDAQ">DLTH</a>) shares rose 24.4% to $6.73 after the company reported better-than-expected Q1 sales.</li> <li><strong>Mesa Air Group, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mesa#NASDAQ">MESA</a>) shares jumped 23.8% to $4.4801.</li> <li><strong>Spirit Airlines, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/save#NYSE">SAVE</a>) shares gained 23.6% to $21.39 amid positive sentiment in the sector after Americal Airlines said it will boost its US flight schedule next month and plans to fly more than 55% of July domestic capacity.</li> <li><strong>Hallmark Financial Services, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hall#NASDAQ">HALL</a>) shares rose 23.4% to $3.69.</li> <li><strong>Tuesday Morning Corporation </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tues#NASDAQ">TUES</a>) shares gained ...</li></ul><p><a href=https://www.benzinga.com/news/20/06/16181978/60-stocks-moving-in-thursdays-mid-day-session alt=60 Stocks Moving In Thursday&#039;s Mid-Day Session>Full story available on Benzinga.com</a></p> AAL Airlines ALRN AMRH ATNM ATSG BGFV CIDM CLDR CMTL Consumer Discretionary CYCN DLPN DLTH Energy ENT ESTC FOSL GILT GNUS GOGO GROW HALL HEBT HOV HUGE IBIO IEC Industrials JBLU JKS KZR Leisure Facilities LIVX LK LTM LUB MESA Mid-Day Movers MOHO MREO MWK NAKD News NIO NK NTEC Oil & Gas Exploration & Production PBPB Penny Stocks PSNL Restaurants SAVA SAVE SBT SMAR SPR SQBG SRG TLGT Top Gainers TUES TUP UAL VERI VISL VREX VRML WISA XSPA Intraday Update Markets Movers Trading Ideas IEC US44949L1052 ATSG US00922R1059 BGFV US08915P1012 CIDM US1724071089 CMTL US2058262096 FOSL US3498821004 GILT IL0010825102 GROW US9029521005 HALL US40624Q2030 JBLU US4771431016 MESA TUES US8990355054 ENT HOV US4424872038 LTM US53217R2076 LUB US5492821013 SPR US8485741099 TUP US8998961044 JKS US47759T1007 CLDR US1890971088 VRML US92407M2061 UAL US9100471096 IBIO US4510331048 SAVE US8485771021 AMRH ALRN GNUS SQBG MREO GOGO PBPB AAL ATNM NK SRG NTEC NAKD TLGT DLTH LIVX VERI HEBT VREX LK SBT DLPN XSPA SMAR KZR HUGE WISA ESTC VISL SAVA CYCN MWK PSNL NIO MOHO News Penny Stocks Intraday Update Markets Movers Trading Ideas Benzinga Thu, 04 Jun 2020 16:26:36 +0000 Lisa Levin 16181978 at https://www.benzinga.com PreMarket Prep Stock Of The Day: Boeing https://www.benzinga.com/trading-ideas/long-ideas/20/06/16181171/premarket-prep-stock-of-the-day-boeing <p><em>Benzinga&#39;s <a href="http://premarket.benzinga.com/pre-market-show/">PreMarket Prep</a> airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.</em></p> <p><em>On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.</em></p> <p><em>For those who don&#39;t have the time to <a href="https://www.youtube.com/channel/UCqQs28K2zj2dOsc5NfXUKEg">tune in live</a> or listen to the <a href="https://soundcloud.com/bztv/tracks">podcast</a>, Benzinga will highlight one stock that merits further discussion. This analysis is not a buy or sell recommendation.</em></p> <p>The &ldquo;buy the laggards&rdquo; trade continues in a big way with&nbsp;<strong>Boeing Inc</strong>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>) in Thursday&rsquo;s session, making it the PreMarket Prep Stock Of The Day.</p> <h3>Its Own Bear Market Since March 2019</h3> <p>Long before the COVID-19 crisis gripped the markets, Boeing was its own little bear market.<br /> Following a spectacular run from its 2016 year-end close ($155.68), the issue peaked in March 2019 at $446.01.</p> <p>On March 10, 2019, Ethiopian Airlines flight 302, which was using ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/20/06/16181171/premarket-prep-stock-of-the-day-boeing alt=PreMarket Prep Stock Of The Day: Boeing>Full story available on Benzinga.com</a></p> BA Long Ideas Short Ideas Technicals Trading Ideas BA US0970231058 Long Ideas Short Ideas Technicals Trading Ideas Benzinga Thu, 04 Jun 2020 15:23:39 +0000 Joel Elconin 16181171 at https://www.benzinga.com What's Behind Chipotle Mexican Grill's Share Price Jump? https://www.benzinga.com/analyst-ratings/price-target/20/06/16175210/whats-behind-chipotle-mexican-grills-share-price-jump <p><strong>Chipotle Mexican Grill, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cmg#NYSE">CMG</a>) shares are up nearly 4% so far this week, trading north of $1,000 per share.</p> <p>This comes just two months after the stock fell below $500.</p> <p>On Monday, Wedbush analyst <a href="https://www.tipranks.com/analysts/nick-setyan">Nick Setyan</a> maintained an Outperform on Chipotle and raised the price target&nbsp;from $870 to $1,200.</p> <p>Wedbush revised its estimates for second-quarter same-store sales from a 20% decline to a 9% decline.&nbsp;</p> <p>Chipotle reported substantial growth in its digital order volume during the start of the COVID-19 outbreak, with same-store ...</p><p><a href=https://www.benzinga.com/analyst-ratings/price-target/20/06/16175210/whats-behind-chipotle-mexican-grills-share-price-jump alt=What&#039;s Behind Chipotle Mexican Grill&#039;s Share Price Jump?>Full story available on Benzinga.com</a></p> CMG GRUB UBER Price Target Reiteration Restaurants Analyst Ratings Trading Ideas General CMG US1696561059 GRUB UBER Price Target Reiteration Restaurants Analyst Ratings Trading Ideas General Benzinga Thu, 04 Jun 2020 15:18:33 +0000 Drew Levine 16175210 at https://www.benzinga.com Citron On Genius Brands: 'The Lowest Form Of Retail Investor' https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16180585/citron-on-genius-brands-the-lowest-form-of-retail-investor <p><strong>Genius Brands International Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gnus#NASDAQ">GNUS</a>)&nbsp;surged more than 2,850% since May on news of operational improvements and investments.</p> <p>The children&rsquo;s entertainment company announced early last month&nbsp;it would merge its &ldquo;Kid Genius Cartoon Channel&rdquo; and &ldquo;Baby Genius TV&rdquo; into a digital network. CEO Andy Heyward called it a free &ldquo;Netflix&nbsp;for kids&rdquo; and, in an appeal to today&rsquo;s parents, an &ldquo;economic vaccine for COVID-19.&rdquo;</p> <p>The company also announced the debut of a toy line for its &ldquo;Rainbow Rangers&rdquo; show.</p> <p><em>See Also: <a href="https://www.benzinga.com/news/20/06/16176119/why-genius-brands-is-on-a-massive-rally-adding-nearly-2500-value-in-a-month">Why Genius Brands Is On A Massive Rally, Adding Nearly 2500% Value In A Month</a></em></p> <p>To Citron Research, the developments didn&rsquo;t warrant the dramatic ...</p><p><a href=https://www.benzinga.com/analyst-ratings/analyst-color/20/06/16180585/citron-on-genius-brands-the-lowest-form-of-retail-investor alt=Citron On Genius Brands: &#039;The Lowest Form Of Retail Investor&#039;>Full story available on Benzinga.com</a></p> Analyst Color Andrew Left Citron Research GNUS NFLX Short Sellers WildBrain Short Ideas Analyst Ratings Trading Ideas NFLX US64110L1061 GNUS Analyst Color Short Sellers Short Ideas Analyst Ratings Trading Ideas Benzinga Thu, 04 Jun 2020 15:01:38 +0000 Elizabeth Balboa 16180585 at https://www.benzinga.com Stocks That Hit 52-Week Lows On Thursday https://www.benzinga.com/news/20/06/16180934/stocks-that-hit-52-week-lows-on-thursday <p>During Thursday&#39;s morning trading, 6 companies set new 52-week lows.</p> <h3>Noteworthy Points:</h3> <ul> <li><strong>Varex Imaging</strong>&nbsp;<strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vrex#NASDAQ">VREX</a>)</strong>&nbsp;was the largest firm on a market cap basis to set a new 52-week low.</li> <li>The smallest company by market cap to set a new 52-week low was&nbsp;<strong>Color Star Technology</strong>&nbsp;<strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hht#NASDAQ">HHT</a>)</strong>.</li> <li><strong>Varex Imaging</strong>&nbsp;<strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vrex#NASDAQ">VREX</a>)</strong>&nbsp;saw the largest move of the companies, as shares plummetted 15.03% to hit a new 52-week low.</li> </ul> <p>These stocks set new 52-week lows during ...</p><p><a href=https://www.benzinga.com/news/20/06/16180934/stocks-that-hit-52-week-lows-on-thursday alt=Stocks That Hit 52-Week Lows On Thursday>Full story available on Benzinga.com</a></p> 52 Week Lows 52-Week Lows EVFM HHT MOHO News Penny Stocks SDRL VREX Intraday Update Markets Movers Trading Ideas SDRL BMG7945E1057 VREX EVFM HHT MOHO News Penny Stocks Intraday Update Markets Movers Trading Ideas Benzinga Thu, 04 Jun 2020 14:53:51 +0000 Benzinga Insights 16180934 at https://www.benzinga.com