This list of stocks was generated by tracking the most-popular ticker searches on the Benzinga Pro real-time news platform.
Readers can rely on this daily list to offer insight into which stocks retail investors are most interested in during a
given trading session. In addition to providing the list itself, this article offers a quick glimpse into why a certain stock may
be trending.
- Shares of biotechnology company Altimmune (NASDAQ: ALT) fell over 30 percent to $4.94 after the
company announced a $25 million registered direct offering.
-
China Lending Corp. (NASDAQ: CLDC)
shares surged 61 percent to $1.29 after reporting a partnership with Zhejiang Lixin Holding that will allow the company to
expand its product portfolio and increase its market share in supply-chain financing.
- Shares of India Globalization Capital, Inc. (NYSE: IGC) rose 64 percent to $6.74 after announcing a line of CBD-infused drinks.
The stock has surged more than 500 percent in the past month.
- Oil giant Petrobras (NYSE: PBR)
rose 10.6 percent to $15.38 in light of Jair Bolsonaro’s first round victory in Brazil’s presidential election.
Bolsonaro is advocating for less government interference in state companies.
- Shares of New Age Beverages Corp. (NASDAQ: NBEV) dropped 12.69 percent to $7.36 after a rise in shares in light of a CBD
beverage line announcement. New Age Beverages falls into the volatility category of several companies selling weed-related
products.
- Tobacco supplier Pyxus International, Inc. (NYSE: PYX) soared 36.6 percent to $38.52. Citron Research expressed optimism in
the stock, saying Pyxus has “real management” and will perform well “as long as investors are cannabis crazy.”
-
Square, Inc. (NYSE: SQ) fell 8.56 percent
to $86.05 due to negative news items. The company’s recent announcement of allowing merchants to offer installment financing to
customers was not well-received and the company has since experienced negative analyst positioning.
- Shares of Tesla, Inc. (NASDAQ: TSLA)
fell 4.35 percent to $250.56 amid comments from David Einhorn's Greenlight Capital, comparing Tesla to the demise of the Lehman Brothers.
-
General Electric Co. (NYSE: GE) rose
3.1 percent to $13.60 after the company sold $1 billion in equity investments to Apollo Global Management and Barclays
upgraded the stock.
- Shares of biofuels company Gevo, Inc. (NASDAQ: GEVO) surged 12.53 percent to $4.40 as the company continues to leverage
new production capabilities.
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.