Here are the industries and stocks we are watching this week.
MyoKardia Inc (NASDAQ: MYOK), Stock price: $220.34
Following a record high buyout deal with Bristol Myers valued at $13.1billion, MyoKardia’s shares have soared almost 60% in a deal aimed at expanding the cancer-drug powerhouse’s lineup of heart drugs. We are watching the surge after the takeover hoping it lives up to the hype. Click here to read more.
Domino Pizza (NASDAQ: DPZ); Stock Price: $424.94
Coming out as one of the superstar performers of the lockdown in America, Domino is primed to reach a new high. The company’s stock declined recently when it replaced its CFO. Despite that, it has bounced back within the last three weeks, climbing by as much as 15% and breaking through a level of resistance. Click here to read more
Palantir Technologies inc (NASDAQ: PLTR); Stock Price:$9.03
The initial enthusiasm that trailed its recent public listing seems to have fizzled out and some shareholders have expressed frustration over the technical glitches, misplaced records, and disorganization that has prevented them from selling their shares. However, investors are hopeful stock performance will improve as it fixes these glitches in the coming weeks.Click here to read more.
Tesla, Inc (NASDAQ: TSLA) ; Stock Price: $425.68
Shares of Tesla popped on Monday, rising by as much as 4.5%. The growth comes as an aftermath of Deutsche Bank analyst Emmanuel Rosner’s note to investors saying that the stock’s sell-off on Friday created a good buying opportunity. Click here to read more
That’s all from us.
We’ll see you next week.
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Whats your opinion on NIO for Automobile ? Peloton as well?
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