The Blog Single

  • Swing Trade Idea – April 28, 2022

    • Qualcomm (QCOM) – Benzinga’s Spencer Israel did an exclusive interview with Qualcomm CFO Akash Palkhiwala just minutes after the company released quarterly results Wednesday evening. Among other highlights, Palkhiwala said the company has made “rapid progress” towards its financial goals.
    • Beyond Meat (BYND) – Wednesday’s most controversial stock. Shares saw extreme volatility following some “misconstrued” reporting out of publication Fast Company. The report suggested the McDonald’s (MCD) Beyond Meat-based McPlant burger would become a “permanent” menu item. A Bloomberg report shortly after suggested a McDonald’s spokesperson said the company had no new announcements related to Beyond Meat. The original Fast Company report was then edited to reflect info the McPlant burger would be a “core” menu item.
    • Teladoc (TDOC) – Social tracking company Swaggy Stocks highlighted Teladoc as a top 5 most-mentioned ticker on Reddit’s WallStreetBets forum Thursday morning. Teladoc shares were down more than 40% following mixed Q1 results and lighter-than-expected guidance.
    • Expion360 (XPON) – One of Thursday morning’s biggest winners. Shares were up nearly 15% following a company press release that highlighted the commencement of shipments of more than 500 of its E360 lithium batteries to a major recreational vehicle parts and accessory distributor.
    • Standard Lithium (SLI) – A popular stock discussed in the Swimmers chat on Benzinga Pro. The stock is a play on lithium which has recently seen some support around the $6 level.
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