Pinduoduo, Catalent, Micro Focus And More: U.S. Stocks To Watch

Benzinga2022-08-29

With US stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:

  • Analysts are expecting Pinduoduo Inc. (NASDAQ:PDD) to have earned $0.39 per share on revenue of $3.49 billion for the latest quarter. The company will release earnings before the markets open. Pinduoduo shares gained 1% to $58.16 in premarket trading.
  • Wall Street expects Catalent, Inc. (NYSE:CTLT) to report quarterly earnings at $1.15 per share on revenue of $1.33 billion before the opening bell. Catalent shares fell 1.7% to $98.00 in premarket trading.
  • Micro Focus International plc (NYSE:MFGP) shares rose sharply on Friday after the company reached an agreement with OpenText to be acquired for $6 billion. Micro Focus shares jumped 92% to close at $6.01 on Friday.
  • Mind Medicine (MindMed) Inc. (NASDAQ:MNMD) completed its 1-for-15 reverse share split. MindMed shares fell 11.4% to $10.51 in premarket trading.
  • Analysts expect HEICO Corporation (NYSE:HEI) to post quarterly earnings at $0.66 per share on revenue of $553.97 million after the closing bell. HEICO shares fell 4.1% to close at $155.89 on Friday.
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