Benzinga’s “Daily Brief On Trending Tickers” highlights 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.
Activision Blizzard, Inc. ATVI shares moved 1.65% higher to $76.80 during Monday’s pre-market session after Warren Buffett disclosed a 9.5% stake in the video game company. Buffett highlighted the recent Microsoft acquisition of Activision as the reason for the investment.
SoundHound AI Inc SOUN shares climbed 50.65% during Monday’s pre-market session after debuting on the NASDAQ on Thursday of last week.
Axsome Therapeutics Inc AXSM announced it missed estimated earnings by 3%, reporting an EPS loss of $1.03 versus an estimate of a $1 loss, while revenue was flat from the same period last year. Shares are trading 2.36% higher after the announcement.
ON Semiconductor Corp ON shares are trading 3.63% higher after the company announced first-quarter adjusted EPS of $1.20-$1.22 versus analyst estimates of $1.05. Sales came in at $1.96-$2.06 billion, versus estimates of $1.92 billion.
Berkshire Hathaway Inc. (NYSE: BRK-A)(NYSE: BRK-B) announced first-quarter earnings beat expectations but revenue fell short of Wall Street estimates. Earnings were down from the previous year amid stock market volatility and insurance claims increases.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
