Straight from Benzinga newsdesk, host Brent Slava brings you the market news and stocks to watch.

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Hosts:

Brent Slava Reach out to Brent at [email protected]

Sr. Reporter, Head of Benzinga Newsdesk

Michael O'Connor Reach out to Michael at [email protected]

Benzinga Strategy Development

pro.benzinga.com

• Amazon.com (AMZN) -
• A top story on the Wall Street Journal Monday morning was titled "Black Friday Deals Arrived Early for Many Shoppers This Year."
• Black Friday is now just 11 days away!
• Weibo (WB) -
• A play on the Chinese equivalent of Twitter.
• In top weekend news, US President Biden and Chinese President Xi met in order to discuss ways to effectively reopen communication between the two nations.
• DICK'S Sporting Goods (DKS) -
• A play on a sporting goods retailer.
• An analyst at retail-focused Telsey Advisory maintained an Outperform rating on DICK'S shares Monday morning ahead of the company's quarterly results on Tuesday of next week.
• The analyst noted an expectation for DICK'S to beat quarterly sales amid "continued demand for fitness and outdoor equipment and athletic apparel & footwear."
• MorphoSys (MOR) -
• One of Monday morning's biggest decliners.
• Shares were down nearly 30% following news out of company partner Roche that studies for an Alzheimer's treatment candidate did not meet their primary endpoint.
• Freight Technologies (FRGT) -
• Monday morning's biggest winner.
• The company's stock was initiated for coverage by analyst firm Chardan with a Buy rating and $2.25 price target.
• The firm's new price target represents potential upside of nearly 500%. Freight Technologies is a low-float name with about 8 million shares in its float.

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