Amazon.com (AMZN) – The stock will see a 20-for-1 split as of Monday, June 6. Amazon shares should begin trade on Monday around the $125 level. Check out this Benzinga article to learn about historical performance of key stocks following their stock splits.
Advanced Micro Devices (AMD) – Named Benzinga’s Chart of the Day by Benzinga Trading School instructor Mark Putrino on Tuesday of this week. Mark had identified the $102 level in AMD as a resistance level; over the course of this week, shares broke above that level.
Phoenix Motor (PEV) – An upcoming initial public offering (IPO) in the electric vehicle space. Phoenix Motor “designs, assembles and integrates electric drive systems and light and medium duty electric vehicles and markets and sells electric vehicle chargers for the commercial and residential markets,” according to IPOScoop. The IPO is expected to begin trade next week.
Energy Focus (EFOI) – A low-float play on light-emitting diodes (LEDs) for maritime application. Shares were up about 20% in pre-market action. The Benzinga newsdesk team did not see news to justify the move higher in the name. The issue has been known to be a no-news volatility play.
Lilium (LILM) – A play on electric vertical take-off and landing jet (eVTOL). The company will report quarterly results on Tuesday, June 7 before market open.