Buzz Stocks: Lockheed Martin Corporation, Aerie Pharmaceuticals Inc, and Deutsche Bank AG

Today's stocks to watch in the news include Lockheed Martin Corporation (NYSE:LMT), Aerie Pharmaceuticals Inc (NASDAQ:AERI), and Deutsche Bank AG (NYSE:DB)

Dec 23, 2016 at 9:23 AM
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U.S. stock futures are trading below fair value ahead of the long holiday weekend. Among specific equities in the spotlight today are aerospace company Lockheed Martin Corporation (NYSE:LMT), biotech stock Aerie Pharmaceuticals Inc (NASDAQ:AERI), and German lender Deutsche Bank AG (NYSE:DB). Here's a quick look at what's driving LMT, AERI, and DB.

  • LMT is slumping in pre-market trading, falling 1.9%, after President-elect Donald Trump tweeted he has approached Boeing Co (NYSE:BA) for prices on a jet similar to the Lockheed's F-35 -- the second time this month he's criticized the company on Twitter. While the stock has cooled since hitting an all-time high of $269.90 earlier this month, it remains 16.4% higher year-to-date, and comfortably above its rising 200-day moving average at $252.80. Should the Trump-induced headwinds fall to the wayside and Lockheed Martin Corporation extend its long-term rally, an unwinding of near-term put positions could provide an extra boost. For example, LMT's Schaeffer's put/call open interest ratio (SOIR) is 1.66, putting it in the high 87th annual percentile. 

  • AERI has given back 6.5% in electronic trading, after the company announced the manufacturing facility for its glaucoma treatment, Rhopressa, won't be ready for a Food and Drug Administration (FDA) inspection. Aerie Pharmaceuticals Inc will now have to resubmit its new drug application sometime next year. Looking back, the stock enjoyed a huge bull gap back in September, helping guide it to record highs and a nearly 53% year-to-date advance, last seen at $37.20. Considering these gains, it's not surprising to see a huge bullish bias among analysts. At the moment, all nine brokerage firms covering AERI recommend buying the stock.  

  • DB is on the rise this morning, on news the company settled with the Justice Department for $7.2 billion -- far below what was expected. The stock has performed well recently, jumping almost 66% since its late-September all-time low of $11.19 to trade at $18.54. Meanwhile, Deutsche Bank AG options traders have been buying to open calls over puts. This is according to DB's 10-day call/put volume ratio of 1.07 at the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) -- a reading that lands in the 84th annual percentile. 

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