Stocks to Watch: Intel, Broadcom, and Inovio Pharmaceuticals
January 24 2020 - 6:01AM
Dow Jones News
By Anna Isaac
Here are some of the companies with shares expected to trade
actively in Friday's session. Stock movements noted by ticker
reflect movements during regular trading hours; premarket trading
is specified separately.
American Express, Synchrony Financial, NextEra Energy and Air
Products & Chemicals publish earnings today.
Inovio Pharmaceuticals: The drugmaker, along with Moderna and
Novavax, said Thursday that it planned to develop a vaccine against
the new respiratory virus originating in China. Inovio's shares
rose 8.9% in off-hours trading.
Intel: Healthy demand for Intel's processors boosted sales for
the company, according to its results, posted after markets closed
Thursday. The chip maker benefited from a rise in personal-computer
shipments and orders for chips to power data centers. Intel's
shares rose nearly 6% in off-hours trading.
Broadcom: The company said Thursday that it had secured
multiyear supply agreements with Apple Inc. to provide wireless
components for Apple products into 2023. Its stock rose 2.3% in
off-hours trading.
Discover: After reporting results following market close
Thursday, the financial services company's shares fell nearly 7% in
off-hours trading.
This is a version of the "Stocks to Watch" section of our
Markets newsletter. To receive it every morning via email, click
here.
Write to Anna Isaac at anna.isaac@wsj.com
(END) Dow Jones Newswires
January 24, 2020 05:46 ET (10:46 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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