Stocks Mixed as Investors Await Global, Monetary Updates

Tensions between Russia and Ukraine are weighing on the market

Deputy Editor
Feb 14, 2022 at 11:58 AM
facebook X logo linkedin


Stocks are mixed midday, as investors monitor developments between Russia and Ukraine. The U.S. Federal Reserve's next step regarding monetary policy -- especially as bond yields climb  -- remains a hot topic on Wall Street as well. The Dow Jones Industrial Average (DJI) is down over 200 points at last check, while the S&P 500 Index (SPX) lingers just below breakeven, and the Nasdaq Composite (IXIC) manages a solid gain. Meanwhile, the Cboe Volatility Index (VIX) is eyeing its third-straight win and highest close since Jan. 27. 

Continue reading for more on today's market, including: 

  • Why Splunk stock is surging today. 
  • The chip stock dinged by a downgrade. 
  • Plus, BDSI climbing to pre-pandemic levels; CNR boosted by buyout buzz; and WEBR nears penny-stock territory. 

MMC Feb14

BioDelivery Sciences International Inc (NASDAQ:BDSI) is seeing a surge in options activity, after news that Collegium will acquire the pharmaceutical name in an all-cash deal valued at $604 million. Options volume is pacing for the top percentile of its annual range, with the September 6 call seeing the most activity, where new positions are being bought to open. At last check, BDSI was up 52.2% to trade at $5.54, its highest level since the start of the pandemic. 

One stock climbing on the New York Stock Exchange (NYSE) today is Cornerstone Building Brands Inc (NYSE:CNR), up 24.3% to trade at $22.88 to trade at its highest level in over three years. The company announced that private equity group Clayton, Dubilier & Rice (CD&R), which currently owns 49% of CNR's common stock, offered to buy the rest for $24.65 per share in cash. Year-over-year, the equity is up 93%, breaking past previous congestion at the $19 area.

CNR Feb14

Meanwhile, Weber Inc (NYSE:WEBR) is plummeting, down 16.1% at $8.75, and earlier hitting a record low of $8.56. The outdoor cooking company reported wider-than-expected fiscal first-quarter losses of 19 cents per share, as well as lower-than-expected revenue. Year-to-date, the stock, which has been publicly traded since this past August, is down 31.7%. 

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI