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  • Daily Trade Ideas – February 28, 2022

    • Zoom Video (ZM) – Will report quarterly results after market close on Monday. Analysts expect earnings of $1.05 on sales of $1.05 billion.
    • AMC Entertainment (AMC) – To publish Q4 results Tuesday after market close.
    • Yandex (YNDX) – Shares were halted on the NASDAQ Monday morning. In addition, shares of QIWI (QIWI)Ozon Holdings (OZON)Mechel (MTL) and Mobile TeleSystems (MBY) were also halted as these companies are either headquartered in Russia or do a majority of their businesses in Russia.
    • Mullen Automotive (MULN) – One of Monday morning’s big winners, up 45%. The company announced progress on development of its solid-state polymer battery pack. Keep in mind Mullen was a momentum name from last week amid the SPAC-redemption trade.
    • Indonesia Energy (INDO) – A play on continued momentum last week. Shares were up another 19% Monday morning following a 200% rally last week. Shares saw momentum as the stock was clumped into a trading group containing low market cap, low float energy and petroleum stocks.
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