Benzinga Daily Stocks To Watch

SNAP Effect On The Markets - Daily Stocks To Watch May 24, 2022


Listen Later

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

On Fridays Benzinga's resident Options Expert Ryan Faloona joins us to spice things up.

Today Steve and Brent focus on:

  • PINS - SNAP said
  • Snap 8-K Shows Co. Warns 'macroeconomic environment has deteriorated further and faster than anticipated' Since Co. Issued Guidance At End Of Apr.
  • UPDATE: Snap Sees Q2 Sales, Adj. EBITDA Guidance Below Low End Of Previously-Issued Range
  • COST - normally reports around 4:15pm ET
  • MSPR - "is a healthcare recoveries and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer."
  • AEMD - other monkeypox stocks: INO SIGA TNXP CMRX. how to confirm if these companies are doing anything specific to monkeypox. Center For Disease Control Says Most Cases Of Monkeypox Are West African Strain, This Strain Is 'Milder'


Benzinga Pro's Top 5 Stocks To Watch For Tuesday, May 24, 2022: $PINS, $COST, $MSPR, $AEMD, $DTC

  • Pinterest (PINS) - Shares were down 16% in pre-market action following a Q2 warning out of peer in the social space, Snap (SNAP). The Snap guidance also brought down larger social media players like Facebook (FB) and Twitter (TWTR), which subsequently brought the entire stock market lower.
  • Costco (COST) - Will report Q3 earnings after market close on Thursday. Shares have fallen about 15% over the last week as many retailers have been reporting disappoint quarterly results.
  • MSP Recovery (MSPR) - A recent special purpose acquisition corporation (SPAC) deal with Lionheart Acquisition Corp. II (LCAP). MSP Recovery CEO, John Ruiz, will interview on Benzinga's "Benzinga Live" YouTube show Tuesday at 12:15 p.m. EDT.
  • Aethlon Medical (AEMD) - Traders have been circulating this stock as a potential play on monkeypox concerns. While shares of this penny stock have been up nearly 70% over the last couple weeks, the company does not appear to be developing a treatment specific to monkeypox. World Health Organization officials have said the risk of monkeypox to the public is low.
  • Solo Brands (DTC) - A play on summer! Solo Brands operates four premium outdoor lifestyle brands: Solo Stove, Oru, ISLE, and Chubbies apparel.


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

Free 2-week trial, no credit card required

Use coupon code YOUTUBE20 to get 20% off

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.



Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy
...more
View all episodesView all episodes
Download on the App Store

Benzinga Daily Stocks To WatchBy Benzinga

  • 5
  • 5
  • 5
  • 5
  • 5

5

9 ratings


More shows like Benzinga Daily Stocks To Watch

View all
PreMarket Prep by Benzinga

PreMarket Prep

81 Listeners

Benzinga Cannabis Hour by Benzinga

Benzinga Cannabis Hour

8 Listeners

The RazReport by Benzinga

The RazReport

23 Listeners

Benzinga LIVE by Benzinga

Benzinga LIVE

7 Listeners

Ring The Bell At The Close by Aaron Bry, Spencer Israel, Luke Jacobi

Ring The Bell At The Close

0 Listeners

Moon Or Bust by Benzinga

Moon Or Bust

4 Listeners

Cannabis Daily by Benzinga Cannabis

Cannabis Daily

13 Listeners

The Roadmap by Benzinga

The Roadmap

1 Listeners

Crypto Breakdown by Benzinga

Crypto Breakdown

0 Listeners

The Long Run Show by Benzinga

The Long Run Show

3 Listeners

The Benzinga Interviews by Benzinga

The Benzinga Interviews

0 Listeners

The Benzinga Real Estate Podcast by Benzinga

The Benzinga Real Estate Podcast

0 Listeners