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  • Swing Trade Idea – November 10, 2022

    • NVIDIA (NVDA) – The company will report quarterly results on Wednesday of next week. Analysts expect earnings of $0.70 per share on sales around $5.8 billion.
    • Affirm (AFRM) – One of Wednesday’s most-discussed stocks on communication platform Discord. Shares fell more than 20% on Wednesday following a mixed quarterly report and weak guidance from Affirm. The stock rebounded Thursday morning; shares were up about 12% in pre-market action.
    • Veru Inc. (VERU) – Thursday morning’s biggest decliner. Shares were down more than 60% following an unfavorable FDA Advisory Committee meeting related to the company’s COVID-19 drug.
    • Olo Inc. (OLO) – Shares of this digital ordering and delivery service in the restaurant space were up about 5% following better-than-expected quarterly results and guidance.
    • Blue Water Vaccines (BWV) – One of Thursday’s momentum names. Shares of this low-float penny stock were up about 25% following quarterly results and news of a buyback. The issue has about 7 million shares in its float.
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