With US stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
- Tesla (NASDAQ:TSLA) CEO Elon Musk and his team of advisors sent a letter to Twitter Inc’s (NYSE:TWTR) litigation staff stating Musk would like to proceed with the acquisition of Twitter at $54.20 per share, or $44 billion, according to a 13D filing Musk made Tuesday with the Securities and Exchange Commission. Twitter shares jumped 22.2% to close at $52.00 on Tuesday.
- Bionano Genomics (BNGO) said that a study showed that whole genome sequencing (WGS) identified only 63% of structural variations that optical genome mapping (OGM) detected in liver cancer. Bionano Genomics shares jumped 9% in premarket trading Wednesday.
- Wall Street expects RPM International Inc. (NYSE:RPM) to report quarterly earnings at $1.34 per share on revenue of $1.88 billion before the opening bell. RPM International shares fell 0.1% to $89.74 in after-hours trading Tuesday.
- Analysts are expecting Helen of Troy Limited (NASDAQ:HELE) to have earned $2.21 per share on revenue of $521.11 million for the latest quarter. The company will release earnings before the markets open. Helen of Troy shares gained 0.8% to $103.37 in after-hours trading Tuesday.
- SMART Global Holdings, Inc. (NASDAQ:SGH) reported better-than-expected earnings for its fourth quarter, while sales missed estimates. The company also issued weak earnings forecast for the current quarter. SMART Global shares dropped 3.3% to $16.45 in the after-hours trading Tuesday.
- Analysts expect Lamb Weston Holdings, Inc. (NYSE:LW) to post quarterly earnings at $0.49 per share on revenue of $1.13 billion before the opening bell. Lamb Weston shares gained 0.2% to $79.00 in after-hours trading Tuesday.
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