Daily Stock Ideas – August 3, 2021
Today’s 5 Stock Ideas:
- LendingClub (LC) – Company CEO, Scott Sanborn, will interview on Benzinga’s “Power Hour” YouTube show on Wednesday at 12:15 p.m. EDT.
- Dolphin Entertainment (DLPN) – One of the most-discussed stocks on Monday. The stock was the second most-searched ticker on Benzinga Pro over the last 24 hours. Shares closed up more than 50% on Monday amid news the company will form a non-fungible token marketplace. The stock was down about 9% Tuesday morning on profit taking.
- Square (SQ) – ARK Invest’s Cathie Wood sold about $55 million in Square stock Monday following a 10% move higher in the stock. Shares moved higher on Monday amid news the company will buy Afterpay.
- Wilhelmina International (WHLM) – Shares were up 37% Tuesday morning following news a 10% shareholder in the company, Retail Ecommerce Ventures, purchased nearly 238,000 shares of Wilhelmina. Wilhelmina has previously been a low-float momentum play; the issue has under 200,000 shares in its float.
- Marathon Digital (MARA) – The stock was moving in sympathy with bitcoin futures Tuesday morning. Bitcoin futures rebounded from below the $38,000 level but remained down about 2% for the session. Marathon Digital shares were down about 1% Tuesday morning.