U.K. stocks on Wednesday wavered, with the International Monetary Fund set to offer its assessment of the British economy, but blue chips remained close to a six-week high.
London-listed shares were lower alongside other global markets, which were unable to gain much traction after U.S. lawmakers made a major push forward into overhauling the countrys tax code.
How markets are moving: The FTSE 100 index
UKX, -0.13%
was up 1 point at 7,545.46 after dipping into negative territory. The basic materials and health care groups were gaining the most, but consumer goods and utilities were among the sector that fell. On Tuesday, the index rose 0.1% and marked it best close since Nov. 6.
Top 5 Blue Chip Stocks To Invest In Right Now: T2 Biosystems, Inc.(TTOO)
Advisors’ Opinion:
- [By Max Byerly]
T2 Biosystems (NASDAQ:TTOO) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.
- [By Lisa Levin] Gainers
Co-Diagnostics, Inc. (NASDAQ: CODX) jumped 88 percent to $5.4500 after falling 13.17 percent on Thursday. Co-Diagnostics reported its participation in a research project with the Stanford University.
Euro Tech Holdings Company Limited (NASDAQ: CLWT) climbed 40.3 percent to $5.40 after the company declared a $0.70 per share special dividend.
Future FinTech Group Inc. (NASDAQ: FTFT) rose 27 percent to $2.73. Future FinTech disclosed a strategic transformation plan including expanding on current blockchain business while also becoming a blockchain incubator, investment and asset management, training, and management consulting.
SELLAS Life Sciences Group, Inc. (NASDAQ: SLS) gained 14.7 percent to $5.9522 after the company disclosed that its Phase 2b trial of NeuVax in combo with Trastuzumab in HER1+/2+ breast cancer patients met key clinical objectives.
Lululemon Athletica Inc. (NASDAQ: LULU) shares climbed 14.6 percent to $120.4224 after the company reported better-than-expected results for its first quarter. The company also raised its FY18 earnings and sales guidance.
FTE Networks, Inc. (NASDAQ: FTNW) gained 10.5 percent to $20.9399.
T2 Biosystems, Inc. (NASDAQ: TTOO) rose 9 percent to $8.07. Leerink Swann upgraded T2 Biosystems from Market Perform to Outperform.
Zuora, Inc. (NYSE: ZUO) shares rose 8.3 percent to $24.01 after the company reported upbeat Q1 earnings and issued strong outlook.
VMware, Inc. (NYSE: VMW) rose 7.7 percent to $148.07 as the company reported stronger-than-expected results for its first quarter on Thursday.
Ambac Financial Group, Inc. (NASDAQ: AMBC) gained 7.5 percent to $19.91. Ambac Financial will replace Integra Lifesciences Holdings in the S&P SmallCap 600 on Tuesday, June 5.
Conatus Pharmaceuticals Inc. (NASDAQ: CNAT) gained 7 percent to $4.60.
Kiniksa Pharmaceuticals, Ltd. (NASDAQ: KNSA) climbed 6.6 percent to $18.23.
Franklin Street Properties Corp. (NYSE: FSP) gained 5.7 perce - [By Ethan Ryder]
T2 Biosystems Inc (NASDAQ:TTOO) traded up 0.9% during trading on Monday . The stock traded as high as $9.65 and last traded at $9.62. 34,517 shares were traded during mid-day trading, a decline of 97% from the average session volume of 1,220,257 shares. The stock had previously closed at $9.53.
- [By Lisa Levin]
Shares of T2 Biosystems, Inc. (NASDAQ: TTOO) were down 10 percent to $8.00 after the health care company that targets unmet needs received clearance from the FDA. The company said the FDA granted a market clearance for its T2Bacteria Panel for the direct detection of bacterial species in human whole blood specimens from patients with suspected bloodstream infections.
Top 5 Blue Chip Stocks To Invest In Right Now: Blackhawk Network Holdings, Inc.(HAWK)
Advisors’ Opinion:
- [By Max Byerly]
Shares of Blackhawk Network Holdings (NASDAQ:HAWK) have been given a consensus rating of “Hold” by the eighteen ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $44.75.
Top 5 Blue Chip Stocks To Invest In Right Now: Harmony Gold Mining Company Limited(HMY)
Advisors’ Opinion:
- [By Lisa Levin] Gainers
Vicor Corporation (NASDAQ: VICR) rose 19.7 percent to $35 in pre-market trading. Vicor posted Q1 earnings of $0.10 per share on sales of $65.2 million.
Check-Cap Ltd. (NASDAQ: CHEK) shares rose 13.5 percent to $16.88 in pre-market trading after climbing 104.82 percent on Tuesday.
Cree, Inc. (NASDAQ: CREE) shares rose 11.3 percent to $43.81 in pre-market trading as the company reported upbeat results for its third quarter on Tuesday.
The Clorox Company (NYSE: CLX) rose 9.6 percent to $125.98 in pre-market trading.
Aduro BioTech, Inc. (NASDAQ: ADRO) rose 5.8 percent to $7.25 in pre-market trading after falling 1.44 percent on Tuesday.
STMicroelectronics N.V. (NYSE: STM) rose 5.2 percent to $22.42 in pre-market trading after reporting Q1 results.
Twitter, Inc. (NYSE: TWTR) rose 5.2 percent to $32.05 in pre-market trading as the company reported stronger-than-expected results for its first quarter on Wednesday.
Credit Suisse Group AG (NYSE: CS) rose 5 percent to $17.11 in pre-market trading following strong Q1 results.
Harmony Gold Mining Company Limited (NYSE: HMY) shares rose 4.4 percent to $2.02 in pre-market trading.
22nd Century Group, Inc. (NYSE: XXII) rose 4.9 percent to $2.15 in pre-market trading after dropping 8.07 percent on Tuesday.
Texas Instruments Incorporated (NASDAQ: TXN) rose 4.1 percent to $102.40 in pre-market trading after the company reported stronger-than-expected earnings for its first quarter on Tuesday.
iRobot Corporation (NASDAQ: IRBT) rose 3.3 percent to $61 in pre-market trading following upbeat quarterly earnings.
Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
- [By Paul Ausick]
Harmony Gold Mining Co. (NYSE: HMY) fell 3.7% Thursday to match a 52-week low of $1.56 set Monday and equaled on both Tuesday and Wednesday. Shares closed at $1.62 yesterday. The 52-week high is $2.53. Volume of around 5.2 million was almost 20% higher than the daily average of about 4.5 million. The company had no specific news.
- [By Paul Ausick]
Harmony Gold Mining Co. (NYSE: HMY) fell 1.2% Wednesday to match a 52-week low of $1.56 set Monday and equaled Tuesday. Shares closed at $1.58 yesterday. The 52-week high is $2.53. Volume of around 8.2 million was almost 90% higher than the daily average of about 4.5 million. The company had no specific news.
- [By Paul Ausick]
Harmony Gold Mining Co. (NYSE: HMY) fell 1.9% Tuesday to match a 52-week low of $1.56 set Monday. Shares closed at $1.59 yesterday. The 52-week high is $2.53. Volume of around 4 million was nearly 15% lower than the daily average of about 4.5 million. The company had no specific news.
Top 5 Blue Chip Stocks To Invest In Right Now: Sohu.com Inc.(SOHU)
Advisors’ Opinion:
- [By Rick Munarriz]
The market isn’t warming up toSohu.com’s(NASDAQ:SOHU)latest financial report. Its shares are hitting their lowest levels since the summer of 2007 after the Chinese online advertising, search, and gaming specialist posted disappointing first-quarter results on Wednesday morning.
- [By Rick Munarriz]
I’ve been coveringSohu.com (NASDAQ:SOHU)for awhile, so when the Chinese internet pioneer announced plans tospin off Sogou, I was more than a little interested. Sogou has been the main growth driver at Sohu for years. With Sohu’s online advertising business meandering and its internet gaming business proving volatile, search has been its crown jewel.
- [By Joseph Griffin]
Russell Investments Group Ltd. decreased its holdings in shares of Sohu com Ltd (NASDAQ:SOHU) by 23.4% in the first quarter, HoldingsChannel.com reports. The fund owned 108,393 shares of the information services provider’s stock after selling 33,178 shares during the quarter. Russell Investments Group Ltd.’s holdings in Sohu com were worth $3,351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
- [By Daniel Sparks]
Shares of Chinese internet company Sohu.com (NASDAQ:SOHU) fell as much as 11.8% on Wednesday, following the company’s first-quarter earnings release. The stock is down 8.4% at the time of this writing.
Top 5 Blue Chip Stocks To Invest In Right Now: Platform Specialty Products Corporation(PAH)
Advisors’ Opinion:
- [By Stephan Byrd]
Shares of Platform Specialty Products Co. (NYSE:PAH) have earned a consensus rating of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $14.40.
- [By Stephan Byrd]
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