Daily Stock Ideas – April 16, 2021
Today’s 5 Stock Ideas:
- DraftKings (DKNG) – Shares were up about 5% Friday morning after the company announced it was named an Official Sports Betting Partner of the NFL.
- Riot Blockchain (RIOT), Bit Digital (BTBT), Marathon Digital (MARA), MicroStrategy (MSTR) – Shares of some crypto-related stocks were trading lower Friday morning. Turkey announced a ban on use of cryptocurrencies to purchase goods and services.
- SG Blocks (SGBX) – An earnings play. Shares were about 13% lower Friday morning after the company reported mixed Q4 earnings results.
- Mer Telemanagement Solutions (MTSL) – Shares were up roughly 90% Friday morning after the company announced it signed a definitive merger agreement with SharpLink.
- General Finance (GFN) – Shares were up roughly 50% Friday morning. United Rentals announced it would acquire the company.