Daily Stock Ideas – December 23, 2021
Today’s 5 Stock Ideas (Happy Holidays! Edition):
- Novavax (NVAX) – A play on another COVID-19 vaccine manufacturer. On Wednesday, study results showed the company’s two-dose regimen of showed cross-reactive immune responses against Omicron and other variants.
- Crocs (CROX) – The company announced the purchase of shoe company HEYDUDE for $2.5 billion.
- AdTheorant (ADTH) – Will begin trading on the Nasdaq Thursday. The company announced the completion of its special purpose acquisition corporation (SPAC) merger with MCAP Acquisition.
- Kaixin Auto Holdings (KXIN) – Shares were up 10% following news of an order for 10,000 customized electric trucks, valued at about $250 million.
- Allakos (ALLK) – One of the most-discussed stocks in the Benzinga Pro chat Wednesday.
The Benzinga newsdesk wants to wish our readers and community a very happy holiday over the next couple of weeks!
A reminder the US stock market will be closed on Friday, Dec. 24 to observe the Christmas holiday on Saturday.
The US stock market will not be closed next week for the New Year’s holiday.