Benzinga Pro's Top 5 Stocks To Watch For Friday, Aug. 27, 2021: BABA, ZM, SAVA, SPRT, CHGG

Benzinga · 08/27/2021 13:19

Today's 5 Stock Ideas: 

  • Alibaba (BABA) - Shares were lower Friday morning, likely on the heels of a WSJ article "China Plans to Ban U.S. IPOs for Data-Heavy Tech Firms."
  • Zoom Video Communications (ZM) - Will report Q2 earnings on Monday after the close of the stock market.
  • Cassava Sciences (SAVA) - One of Friday morning's most-discussed stocks. Shares were down about 20% following a release by Quanterix (QTRX) that commented on Cassava's recent data for its Alzheimer's candidate. The Benzinga newsdesk did not detect any negative sentiment shared by Quanterix that might justify the move lower in Cassava, but the Quanterix press release did seem to be the catalyst Friday morning.
  • Support.com (SPRT) - The stock remains the most-searched ticker on Benzinga Pro over the last 24 hours. Shares were up more than 100% Friday morning amid high short interest and a low float for the stock. The Benzinga newsdesk did not see fundamental news to justify the move sharply higher.
  • Chegg (CHGG) - Company CFO, Andrew Brown, will interview on Benzinga's "Power Hour" YouTube show Friday at 12:30 p.m. EDT.