Kohl’s (KSS) – A play on upcoming earnings. The company will report quarterly results on Thursday before market open. Reminder: Kohl’s was recently the target of a takeover approach but the talks with Franchise Group (FRG) were abandoned.
XpresSpa (XSPA) – Shares were trending on communication platform Discord recently. On Monday, the company won a contract to expand the Center for Disease Control’s (CDC) traveler-based SARS-CoV-2 genomic surveillance program in US airports.
Genius Sports (GENI) – A niche way to play sports betting. Analysts at Needham commented favorably on the company Tuesday morning following Genius quarterly results. Needham believes Genius “plays a crucial role in the sports betting process facilitating the transfer of data from sports leagues to sports books and should benefit from the rising tide of sports betting globally.”
GigaMedia (GIGM) – Highlighted in one of Benzinga Pro’s chat rooms as “getting pushed by a room.” Shares closed up more than 40% on Monday and were up another 15% Tuesday morning despite no news.
Velo3D (VLD) – A potential sympathy play following news American Air (AAL) signed an agreement to buy Overture aircrafts from Boom Supersonic. Velo3D is a manufacturing partner for Boom. Shares of Velo3D have been known to move on news related to Boom Supersonic.