5 Stocks To Watch For September 16, 2021

Benzinga2021-09-16

Some of the stocks that may grab investor focus today are:

  • On Holding AG (NYSE:ONON) shares jumped around 46% on Wednesday after it made its debut on the NYSE. The Switzerland-based company is now valued at nearly $11 billion at the end of the trading day. The running shoemaker, backed by tennis legend Roger Federer, sold 31.1 million shares in the initial public offering and raised $746.6 million. On Holding shares gained another 1.3% to $35.45 in the pre-market trading session.
  • Ion Geophysical Corp (NYSE:IO) disclosed that it has initiated review of strategic alternatives to “strengthen its financial position and maximize stakeholder value.” ION Geophysical shares jumped 52.3% to $2.29 in the pre-market trading session.
  • MedAvail Holdings Inc (NASDAQ:MDVL) disclosed that it has signed an agreement with IMA Medical Group to open four SpotRx locations in Florida. MedAvail shares climbed 13.8% to $3.72 in the pre-market trading session.
  • Core & Main Inc (NYSE:CNM) reported a deal to buy CES Industrial Piping Supply. However, no terms of the deal were disclosed. The company recently reported second-quarter FY21 sales growth of 35.7% year-over-year to $1.29 billion. Core & Main shares rose 0.6% to $27.95 in pre-market trading.
  • Moderna Inc (NASDAQ:MRNA) issued new clinical data on its COVID-19 vaccine. The company said ‘mRNA-1273 remains highly effective against COVID-19 in real-world effectiveness study during surge in Delta cases.' Moderna shares gained 0.5% to $436.77 in pre-market trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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