Roku (ROKU) – Shares saw increased attention Wednesday morning following better-than-expected earnings out of Netflix (NFLX) Tuesday evening. Traders often group the likes of Roku and Netflix together in the streaming space.
American Express (AXP) – A play on upcoming earnings. AmEx will report quarterly results on Friday of this week. The company will be the first credit card processor to report quarterly results.
ASML Holding (ASML) – A play on semiconductors. The company is a leader in photolithography, the process of exposing circuit patterns onto a semiconductor wafer. ASML shares were higher Wednesday morning following strong quarterly results from the company.
Wix.com (WIX) – A play on activist investor interest. Starboard Value published a slideshow presentation Tuesday which highlighted the potential for Wix to improve growth and profitability. Despite the attention from the notable activist investor, shares of Wix were relatively quiet.
LMF Acquisition Opportunities (LMAO) – A potential special purpose acquisition corporation (SPAC) redemption play. Shareholders approved the company’s business combo deal with SeaStar Medical, a medical company working to find a treatment against cytokine storm, a process which effectively turns a person’s immune system against them.