Benzinga's Daily Brief On Trending Tickers For April 25, 2022: Twitter, Coca-Cola, Nkarta, And More

Benzinga’s “Daily Brief On Trending Tickers” features top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.

The data on the trending tickers is compiled from a list of most-discussed tickers on the popular Reddit forum WallStreetBets.

Twitter Inc TWTR News circulated that Twitter is set to accept Elon Musk's bid as early as Monday, causing shares of the social media company to trade 4.84% higher during Monday's pre-market session.

Coca-Cola Co KO reported a 16% increase in first-quarter revenue to $10.49 billion, exceeding the forecast of $9.83 billion. While, adjusted earnings per share of $0.64 outperformed analyst expectations of $0.58.

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Activision Blizzard, Inc. ATVI reported a 22.3% fall in first-quarter revenues, below analyst estimates of $1.80 billion. Product sales fell 42.8% to $386 million in the first quarter. Earnings from in-game subscriptions and other sources fell 13.6% to $1.38 billion year-over-year.

Nkarta Inc NKTX shares are trading 94.5% higher Monday morning as the company announced positive preliminary Phase 1 data for the Nkarta’s two lead chimeric antigen receptor natural killer cell therapy candidates, NKX101 and NKX019, in two distinct groups of hematologic malignancies.

Kellogg Company K shares fell 1.5% during Monday morning trading after Deutsche Bank downgraded the stock to a Hold. The downgrade was attributed to the impact of worker strikes, increased inflation, and supply chain disruptions, according to the bank.