Affirm (AFRM) – One of Thursday’s most-discussed stocks. Shares saw extremely volatility following a leak of the company’s Q2 earnings. The stock spiked over the $80 level as traders circulated an accidental tweet from the company; after the company formally released their earnings, shares fell to a session low of $50. For some continued reading, check out the Benzinga.com story “Affirm’s Earnings Leak: How It Happened, And 3 Other High-Profile Companies That Have Done It.”
Twitter (TWTR) – The company announced an accelerated $2 billion buyback plan. Shares were up 1.5% Friday morning.
Cassava Sciences (SAVA) – The most mentioned stock on Reddit’s WallStreetBets forum. Following Thursday news the FDA denied a Citizen’s Petition related to the company’s Alzheimer’s drug candidate, several sell-side analysts came out defending the stock. A Jones Research analyst said the news removed an overhang for Cassava investors.
Kavial Brands (KAVL) – A momentum play Friday morning. Shares were up 22% on seemingly no news. Traders in the Benzinga Pro Swimmers chat discussed the stock.
Invitation Homes (INVH) – A dividend play and favorite pick by Benzinga friend and CNBC contributor, Downtown Josh Brown. The company will report quarterly results on Tuesday of next week.