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Benzinga Pro's Top 5 Stocks To Watch For Monday, Mar. 14, 2022: VOLT, BABA, NKTR. ASO, CVX

Author: Benzinga Newsdesk | March 14, 2022 08:43am

Today's 5 Stock Ideas:

  • Volt Information Sciences (VOLT) - Shares up ~95% premarket. The company announced it will be acquired by Vega Consulting, Inc. for $6 per share in cash.

  • Alibaba (BABA) - Shares down ~5% premarket. Shares of several Chinese stocks are trading lower amid a COVID-19 outbreak in the country which has caused some business operations so cease. Other stocks in the sector include: BIDU, JD, PDD, NIO.

  • Nektar Therapeutics (NKTR) - Shares down ~52% premarket. The company's Phase 3 PIVOT trial did not meet its primary endpoint.

  • Academy Sports And Outdoors (ASO) - Shares up ~6.4% premarket. The company announced it would join the S&P SmallCap 600.

  • Chevron (CVX) - Shares down ~2.9% premarket. Morgan Stanley downgraded the stock from Overweight to Equal-Weight. A pullback in oil prices has also weighed on the stock.

Posted In: ASO BABA CVX NKTR VOLT

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