Swing Trade Idea – April 22, 2022
- Twitter (TWTR) – Shares moved higher during Friday’s pre-market session following a large block trade in the issue (detected by Benzinga Pro’s Signals tool) of about 955,000 shares at $47.08 per share. That was about a $45 million block trade in Twitter.
- Amazon.com (AMZN) – Will report Q1 earnings after market close on Thursday, Apr. 28.
- Gap (GPS) – The stock was down about 17% Friday morning following Thursday news the company cut its Q1 guidance.
- Vallon Pharmaceuticals (VLON) – A low-float momentum play for Friday. The company Friday morning announced it would review strategic alternatives in order to maximize shareholder value. Shares were up more than 100%. The issue has about 4 million shares in its float.
- Moving IMage Technologies (MITQ) – One of the biggest movers on Benzinga Pro’s Movers tool Friday morning. Shares were up about 35% on no news. This is a low-float name, with about 8 million shares in its float.