NetEase, Nvidia And 3 Stocks To Watch Heading Into Monday
Avi Kapoor 10 months ago
EquitiesPre-Market OutlookMarketsTrading Ideas
U.S. stock futures trading slightly lower. NetEase's executive VP retires. Obook reports earnings. Immersion receives delinquency notice.
With U.S. stock futures trading slightly lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:
- NetEase Inc. (NASDAQ:NTES) disclosed that Yingfeng Ding will retire from his position as executive vice president and head of the Interactive Entertainment Group, a part of NetEase’s online games division, according to Benzinga Pro. NetEase shares gained 0.7% to close at $138.07 on Friday.
- Obook Holdings Inc. (NASDAQ:OWLS) is projected to report H1 earnings results after the closing bell. Obook Holdings shares fell 2.1% to close at $6.21 on Friday.
- Immersion Corp. (NASDAQ:IMMR) announced the receipt of a delinquency compliance alert notice from the Nasdaq. Immersion shares fell 0.6% to close at $ 6.85 on Friday.
Check out our premarket coverage here
- Nvidia Corp. (NASDAQ:NVDA) rose around 1% on Friday after Wall Street analysts welcomed the company’s reported $20 billion strategic deal with AI startup Groq, a move they say will further strengthen Nvidia’s competitive moat in artificial intelligence. Nvidia shares gained 1% to close at $190.53 on Friday.
- Target Corp. (NYSE:TGT) shares rose on Friday following a Financial Times report indicating an activist investor has built a stake in the company. According to Bloomberg, citing the Financial Times, Toms Capital Investment Management has made a significant investment in Target, though specific details of the stake were not disclosed. Target shares climbed 3.1% to close at $99.55 on Friday.
Check This Out:
Photo via Shutterstock