Long Ideas - Spark Newswire

1 minute read

Why Novan Shares Are Surging Today

Today, 4:29 AM

Novan Inc (NASDAQ: NOVN) shares are trading higher by 59% at $14.37 Friday morning after the company reported the B-SIMPLE4 pivotal Phase 3 trial of SB206 achieved statistical significance for the primary endpoint and no serious adverse events were reported.

NOVN

1 minute read

Why Dave & Buster’s Shares Are Moving Today

By Henry Khederian

Today, 4:29 AM

Dave & Buster's Entertainment Inc (NASDAQ: PLAY) shares are trading higher by 5% at $46.30 Friday morning after the company reported better-than-expected first-quarter EPS and sales results and issued second-quarter sales guidance above estimates.

PLAY

1 minute read

Will Galecto Stock Shareholders Get Crushed By A Round Trip?

By Mark Putrino

Today, 4:29 AM

Shares of Galecto, Inc. (NASDAQ: GLTO) staged a nasty reversal on Thursday. The stock was so volatile that the trading was halted by the exchange a few times. This is done to give people a chance to step away from the frenzy and think about their decisions.

GLTO

1 minute read

Why Plug Power Shares Are Moving Today

By Henry Khederian

Today, 4:29 AM

Plug Power Inc (NASDAQ: PLUG) shares are trading higher by 1.1% at $31.83 after the company Thursday announced plans to build a green hydrogen production plant in Camden County, Georgia.

PLUG

1 minute read

Will Chewy’s Stock Rally Continue After Earnings?

By Mark Putrino

Today, 4:29 AM

Shares of Chewy, Inc. (NYSE: CHWY) may have broken resistance. This means the recent uptrend may continue. There was resistance at the $77.50 because it previously been a support level. What was support can become resistance and that’s what happened here.

CHWY

1 minute read

Thinking About Buying Stock Or Options In Tilray, Ocugen, Biogen Or Snowflake?

By Henry Khederian

Today, 4:29 AM

One of the most common questions traders have about stocks is “Why Is It Moving?” That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.

BIIB

1 minute read

Selling Chewy On That ‘Sub Number’ Is A ‘Mistake,’ Says Cramer

By Madhukumar Warrier

Today, 4:29 AM

CNBC host Jim Cramer has advised investors not to sell their shares in Chewy Inc. (NYSE: CHWY) based on the online pet products company’s first-quarter earnings results.

CHWY

2 minute read

2 Reasons To Stay Overweight On The Financial Sector

By Wayne Duggan

Today, 4:29 AM

Despite historically low-interest rates weighing on bank earnings, the Financial Select Sector SPDR Fund (NYSE: XLF) is up 27.5% in 2021, more than double the return of the SPDR S&P 500 ETF Trust (NYSE: SPY).

SPY

1 minute read

McDonald’s And Microsoft Lead The Dow Jones In A Mixed Day Of Trading

By Henry Khederian

Today, 4:29 AM

U.S. indices are trading higher despite worse-than-expected U.S. jobless figures and inflation data. While jobless claims slightly missed consensus estimates, they fell for the sixth straight week.

AAPL

2 minute read

Heat Biologics Surges On Patent Filing

By Tyler Bundy

Today, 4:29 AM

Heat Biologics Inc. (NASDAQ: HTBX) shares traded higher Thursday after the company filed for a patent titled “GP96-Based Cancer Therapy.” The stock was trending on StockTwits throughout the day and is likely also moving as retail traders push the stock higher.

HTBX