Benzinga Daily Stocks To Watch

Daily Stocks To Watch May 6, 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:

Friday Fun Fact: https://www.britishmuseum.org/collection/object/Y_EA5634

Benzinga Pro's Top 5 Stocks To Watch For Friday, May 6, 2022: GME, PTON, PLTR, FNKO, BLCO

BZ Wire

Today's 5 Stock Ideas:

  • GameStop (GME) - A play on trading of crypto and non-fungible tokens (NFT) via the company's new Wallet feature. The website https://wallet.gamestop.com/ circulated among traders Thursday. The site was labeled as the beta version of the GameStop Wallet. While the Benzinga newsdesk team could not verify the authenticity of the site, GameStop did file for a trademark on "GameStop Wallet" at the end of March 2022.
  • Peloton (PTON) - Shares were down 3% following a late-Thursday Dow Jones/Wall Street Journal report Peloton is seeking a minority investment. The report said the company is looking to sell about a 15-20% stake.
  • Palantir Technologies (PLTR) - A WallStreetBets favorite. The company will report quarterly results on Monday before market open.
  • Funko (FNKO) - The stock was up 18% following news a consortium group including eBay (EBAY) and former Disney (DIS) CEO Bob Iger will buy a $263 million investment in Funko at $21/share.
  • Bausch + Lomb (BLCO) - An initial public offering (IPO) expected for Friday. Shares priced at $18, below the expected range of $21-$24. The company describes itself as "a leading global eye health business of Bausch Health (BHC)."


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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