Benzinga Daily Stocks To Watch

A Pharma Company Interested In Discord !? Plays On Space; Plays On Emerging 10G Internet - Daily Stocks To Watch - The Obscure Edition - May 5, 2022


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Straight from Benzinga newsdesk, hosts Brent Slava and Steve Krause bring you the market news and stocks to watch.

Steve and Brent focus on:

These are stocks you probably havent heard of yet BUT will hear more of in the future!

Today's 5 Stock Ideas: $YN $AIKI $MNTS $SATL $CALX

  • Cyngn (CYN) - A popular low-float play over the last few weeks. The company provides autonomous transportation solutions for commercial and industrial application. On Wednesday, the company highlighted the launch of its Infinitracker device, "a global positioning satellite asset-tracking device and Internet of things data collection gateway with up to 15 years of battery life."
  • AIkido Pharma (AIKI) - A way to gain exposure to social communications platform provider, Discord. On Wednesday, AIkido announced it secured an early equity interest in Discord. Terms of the investment were not disclosed.
  • Momentus (MNTS) - A play on space. The company announced Wednesday it completed all regulatory milestones for the inaugural flight of the company's Vigoride orbital transfer vehicle on the upcoming SpaceX Transporter-5 mission, scheduled for a May launch.
  • Satellogic (SATL) - A second play on space. The company announced Wednesday a multiple launch agreement with SpaceX for its next 68 satellites. While shares initially spiked sharply on the news, the stock closed Wednesday's session down 4%.
  • Calix (CALX) - A play on emerging 10G internet/network technology. The company reported Vattenfal Eurofiber selected its platform to connect Berlin, Germany homes and businesses to 10G fiber network.


Hosts:

Steve Krause Reach out to Steve at [email protected]

Sr. Reporter Benzinga Newsdesk

Brent Slava Reach out to Brent at [email protected]

Sr. Reporter, Head of Benzinga Newsdesk

Ryan Faloona Reach out to Ryan at [email protected]

Director of Customer Success

pro.benzinga.com

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Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.



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