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!
Facebook, Inc. (NASDAQ: FB) stock was trading lower
by 0.8 percent early Wednesday morning but gained 4.5 percent on Tuesday. Facebook CEO Mark Zuckerberg fielded questions
from a handful of U.S. Senators on Tuesday and will testify before Congress on Wednesday.
Analog Corporation (NASDAQ: ALOG) stock lost 13
percent after the healthcare and security solutions company agreed
to sell itself to an affiliate of Altaris Capital Partners. As part of the deal, Analog agreed to sell itself for $84 per
share, which represents a discount from Tuesday's closing price of $96.05.
Inovio Pharmaceuticals Inc (NASDAQ: INO) gained
nearly 5 percent after the company
was awarded up to $56 million from the Coalition for Epidemic Preparedness Innovations. The proceeds will be used to support
its pre-clinical and clinical advancement through phase 2 of INO-4500, a Lassa fever vaccine.
Bed Bath & Beyond Inc. (NASDAQ: BBBY) was trading
lower by 0.7 percent. The retailer is scheduled to report its fourth quarter results after Wednesday's close and is modeled by Wall
Street analysts to earn $1.40 per share on revenue of $3.69 billion.
Top Ships Inc (NASDAQ: TOPS) gained nearly 5
percent. The tanker vessel company said it has regained compliance with the NASDAQ stock exchange's minimum bid price
requirement.
Related Links:
20 Stocks Moving In
Wednesday's Pre-Market Session
A
Peek Into The Markets: US Stock Futures Down Ahead Of FOMC Minutes
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.