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  • Swing Trade Idea – September 9, 2022

    • Uber Technologies (UBER) – A peer play following trader chatter related to Lyft (LYFT) on Thursday. While shares of Lyft closed Thursday’s session up about 17%, the Benzinga Pro newsdesk team deemed the chatter as “vague” and coming from a questionable source. Elsewhere on Wall Street Thursday, Ritholtz’s manager and Benzinga friend, Josh Brown, said he bought more shares of Uber.
    • DocuSign (DOCU) – One of Friday morning’s biggest winners. Shares were up 14% following better-than-expected quarterly results out of the company.
    • Agrify (AGFY) – A play on the cannabis market. The company’s CEO and Chairman, Raymond Chang, will participate in a feature fireside chat during Benzinga’s Cannabis Capital Conference next week on Tuesday, at 10:10 a.m. EDT.
    • ShiftPixy (PIXY) – The top trending ticker on communication platform Discord Friday. The issue is a low-float name; there are about 300,000 shares in its float. Shares were up about 10% in pre-market action despite no news.
    • MOGU Inc. (MOGU) – Shares were up 40% Friday morning following news of a $10 million buyback plan by the company. MOGU has about 7 million shares in its float, putting it well into low-float territory.
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