Why Manchester United Stock Is Rallying Today - $WMT $FDX $MANU $ALLO $SOFO
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Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.
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STOCKS TO WATCH: $WMT $FDX $MANU $ALLO $SOFO
Walmart (WMT) - A play on the consumer. Data from the US Bureau of Labor Statistics Tuesday morning showed inflation continued to ease off recent highs. The consumer price index (CPI) showed a 0.1% increase in consumer prices from April to May and a 4% increase on a year-over-year basis.
FedEx (FDX) - The company will report quarterly results on Tuesday of next week.
Manchester United (MANU) - Shares were up about 10% Tuesday morning following a rumor Qatari investors have been successful in a bid for Manchester United.
Allogene Therapeutics (ALLO) - A play on an upcoming FDA-related news catalyst. The International Conference on Malignant Lymphoma takes place this week. Allogene is expected to present results from several different lymphoma-related trials by June 15th.
Sonic Foundry (SOFO) - One of Tuesday morning's biggest gainers. Shares were up nearly 50% seemingly on no news. The issue is a low-float play with about 7 million shares in its float.
Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659
STOCKS TO WATCH: $WMT $FDX $MANU $ALLO $SOFO
Walmart (WMT) - A play on the consumer. Data from the US Bureau of Labor Statistics Tuesday morning showed inflation continued to ease off recent highs. The consumer price index (CPI) showed a 0.1% increase in consumer prices from April to May and a 4% increase on a year-over-year basis.
FedEx (FDX) - The company will report quarterly results on Tuesday of next week.
Manchester United (MANU) - Shares were up about 10% Tuesday morning following a rumor Qatari investors have been successful in a bid for Manchester United.
Allogene Therapeutics (ALLO) - A play on an upcoming FDA-related news catalyst. The International Conference on Malignant Lymphoma takes place this week. Allogene is expected to present results from several different lymphoma-related trials by June 15th.
Sonic Foundry (SOFO) - One of Tuesday morning's biggest gainers. Shares were up nearly 50% seemingly on no news. The issue is a low-float play with about 7 million shares in its float.