In mid-week stock trading, investors have six stocks to watch. Viatris (VTRS) spiked by 10.13% on Tuesday, closing at $11.20. The firm participated in a UBS Global Healthcare conference.
At the event, CFO Theodora Mistras said that the firm is on track to post 2% to 3% in operational revenue growth. It achieved 5 out of 6 positive pipeline readouts in the first half of this year.
In the entertainment sector, Paramount Skydance (PSKY) continued to reverse from its bearish downtrend. Analysts at Benchmark set a buy rating on the stock. They believe that the firm will not have any problem meeting its $3 billion in synergies.
The third stock to watch is Moderna (MRNA). Vaccine sales for COVID typically rise at this time of the year. In the third quarter, the firm posted a $200 million net loss. Revenue topped $1 billion.
AppLovin (APP) slumped by 8.66% yesterday to close at $594.91 and might snap back. The support zone is $600.
Vistra (VST) is slipping from its $200-$219 support zone. The stock will open at $179.16. In 2026, the firm is forecasting revenue growth of 22% to 29% from the midpoint of its guidance.
Finally, Micron (MU) fell in sympathy with Nvidia (NVDA) declining. The stock is 291.79% above its 52-week low. The chances are high that memory price hikes in October will not last. Memory faces elastic demand, which falls when prices rise.