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Benzinga's Daily Brief On Trending Tickers For April 19, 2022: Plug Power, Twitter, Cassava Sciences And More

Published 19/04/2022, 14:32
© Reuters.  Benzinga's Daily Brief On Trending Tickers For April 19, 2022: Plug Power, Twitter, Cassava Sciences And More
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Benzinga’s “Daily Brief On Trending Tickers” features top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

Plug Power Inc (NASDAQ: PLUG) announced it entered an agreement with Walmart (NYSE:WMT) to deliver up to 20 tons per day of liquid green hydrogen to power material handling lift trucks across Walmart distribution and fulfillment centers in the shares surged 10% higher during Tuesday’s pre-market session.

Cassava Sciences Inc (NASDAQ: SAVA) The New York Times reported that several studies related to the company's Alzheimer's treatment were retracted or questioned by scientific journals, causing shares to sink 17.72% during Tuesday's pre-market session.

Axsome Therapeutics Inc (NASDAQ: AXSM) the company announced it received and agreed to Postmarketing Requirements/Commitments proposed by the FDA concerning the NDA for its AXS-05, causing shares to spike 20.83% during Tuesday’s pre-market session.

Roblox Corp (NYSE: RBLX) shares are trading 3.38% lower during Tuesday’s pre-market session after Goldman Sachs (NYSE:GS) downgraded the stock from Buy to Neutral and lowered its price target from $108 to $50.

Uber Technologies Inc (NYSE: NYSE:UBER) shares are trading 1.13% higher during Tuesday’s pre-market session as the company announced it lifted its mask mandate for riders and drivers in the U.S.

Super Micro Computer, Inc. (NASDAQ: SMCI) shares are trading 15.16% higher during Tuesday’s pre-market session after raising its Q3 EPS and sales guidance above analyst estimates.

Johnson & Johnson (NYSE: JNJ) reported first-quarter 2022 adjusted earnings of $2.67 per share, up 3.1% from the same period last year and ahead of the consensus of $2.61. Net sales increased 5% from the same period the previous year to $23.43 billion, missing the consensus of $23.67 billion.

Twitter Inc (NYSE: NYSE:TWTR) To Elon Musk’s aid, buyout firm Apollo Global Management has expressed interest in financing the deal to take Twitter private.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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