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Benzinga Pro's top 5 stocks to watch for Wednesday

Benzinga Real-time News ·  Nov 10, 2021 09:58  · Trending

Today's 5 Stock Ideas:

  • $Coinbase(COIN.US)$ - Shares were down 8% ahead of the open following mixed Q3 results reported Tuesday afternoon. On the company's earnings conference call, CEO Brian Armstrong said a non-fungible token function will be tested in the next few quarters. Armstrong said the company's NFT business could one day be bigger than the company's cryptocurrency business.

  • $Palantir Technologies(PLTR.US)$ - ARK Invest's Cathie Wood purchased about $36 million shares in the stock on Tuesday.

  • $DoorDash(DASH.US)$ - The stock was up 17% following better-than-expected Q3 results Tuesday afternoon. DoorDash was the second most-mentioned ticker on Reddit's WallStreetBets forum; $Tesla(TSLA.US)$ was #1 most mentioned.

  • $Meridian Bioscience(VIVO.US)$ - Shares were up 2% following news the company received FDA Emergency Use Authorization for its SARS-CoV-2 molecular assay.

  • $Quipt Home Medical(QIPT.US)$ - Company CEO Greg Crawford will interview on Benzinga's "Power Hour" YouTube show Wednesday at 12:45 p.m. EST.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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