Boeing (BA) – Shares were down 6% Monday morning following the crash of a China Eastern Airlines (CEA) Boeing 737 aircraft in China. Shares of China Eastern Air were also lower, down about 12%.
Coinbase (COIN) – A new short by notable short seller and manager of hedge fund Kynikos, Jim Chanos.
BitNile (NILE) – A penny stock play on a bitcoin mining company. Shares were up about 80% on Monday; the stock flirted with the $1 level. The Benzinga newsdesk did not see news to justify the move higher. While the company did announce its TurnOnGreen subsidiary would be acquired, the stock was moving prior to the M&A news.
Zogenix (ZGNX) – An FDA play for later this week. The company is seeking approval for its supplemental New Drug Application for its Fintepla; an FDA panel will review the data no later than Friday of this week.
Mullen Automotive (MULN) – A momentum play in the electric vehicle space. The stock was up 20% on no news. The issue is in low-float territory, with around 20 million shares in its float.