Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by
becoming a Benzinga Pro user!
Overstock.com Inc (NASDAQ: OSTK) gained more than
4 percent following an encouraging report. The New York Post said that grocer
giant Kroger Co (NYSE: KR) is "eyeing a deal" with
Overstock, including a possible acquisition of the online company.
Applied Optoelectronics Inc (NASDAQ: AAOI) gained
more than 6 percent after the provider of fiber-optic networking products said it will report its fourth quarter results on Feb.
21. Some traders are working under the assumption that a negative pre-announcement won't be forthcoming as the company confirmed
its earnings date.
Snap Inc (NYSE: SNAP) was trading near-flat ahead of
Friday's open despite a report from Cheddar's Alex Heath of the social media company laying off two dozen workers, mostly in
Content.
ADT Corp (NYSE: ADT) will start trading on Friday.
The home security provider priced its IPO at $14 per share, which is sharply below the expected $17 to $19 range.
Acorda Therapeutics Inc (NASDAQ: ACOR) gained more
than 13 percent amid M&A chatter. The biopharmaceutical company that focuses on improving the lives of people with neurological
disorders is reportedly
being targeted for an acquisition by Biogen Inc (NASDAQ: BIIB) or Belgian-based UcB.
SPDR KBW Regional Banking (ETF) (NYSE: KRE) stock was
unchanged early Friday, but could see increased interest given earnings reports from SunTrust Banks, Inc. (NYSE: STI), Regions Financial Corp (NYSE: RF), and Citizens Financial Group Inc (NYSE: CFG).
Related Links:
A Peek
Into The Markets: U.S. Stock Futures Signal Higher Start On Wall Street
7 Stocks To Watch For
January 19, 2018
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.