Kohl’s (KSS) – Shares were up 10% Tuesday morning following news publicly-traded holding company Franchise Group (FRG) and Kohl’s entered a three-week negotiation period to discuss a potential takeover. The discussed price for Kohl’s was $60 per share. Kohl’s shares traded around the $46 level in pre-market action Tuesday.
Robinhood (HOOD) – The company and stock were the target of takeover speculation on Monday. While shares initially moved higher following circulation of the speculation, traders took profit and then some; shares closed down nearly 3%. For more details on the takeover speculation, listen to Benzinga’s Stocks To Watch podcast later this morning. The podcast can be viewed on either Apple Podcasts or Spotify and is usually posted to Apple and Spotify around 10:30 a.m. ET.
DocuSign (DOCU) – One of the most popular stay-at-home stocks during the COVID quarantine, DocuSign will report quarterly results Thursday after market close.
Helbiz (HLBZ) – A play on mobility, specifically, electric scooters. Shares of Helbiz were up nearly 20% in pre-market action Tuesday following news company CEO bought about $2 million in company stock.
The Beachbody Company (BODY) – A play on live and streamed fitness and nutrition programs. The company has recently been a top-15 most-mentioned ticker on Reddit’s WallStreetBets forum.