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  • Daily Trade Ideas – February 16, 2022

    • Vinco Ventures (BBIG) – A momentum play up 10% Wednesday morning. While the company announced Wednesday the completion of its purchase of AdRizer, these types of news items do not normally move stocks. Vinco’s deal for AdRizer was previously disclosed on Oct. 7, 2021. The press release from Wednesday morning did not appear to have any new information.
    • IronNet (IRNT) – A momentum play on cybersecurity. The stock closed up about 10% on Tuesday following an opinion piece by the company’s CEO published in the Financial Times.
    • Blue Apron (APRN) – A play on recent insider buying. Disclosed Tuesday evening, a 10+% shareholder in the company, Joseph Sanberg of RJB Partners, bought about $5 million in company stock.
    • Keysight Technologies (KEYS) – A play on 6G telecom technology. On Tuesday, the company reported it signed a memorandum of understanding with Samsung to advance research & development for 6G technology.
    • Matterport (MTTR) – Perceived as a play on the metaverse. The company will report Q4 results after market close Wednesday.
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