Intel became the next tech giant to join as the investor of Arm, SoftBank's chip supply chain, following the interest of Apple, NVIDIA, Samsung, and more.
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Markets
So far Monday, April 26, NASDAQ is up 0.09% and the S&P is up 0.01%. Here are this morning’s most active stocks: Microvision (MVIS – Research Report), Sangamo Biosciences (SGMO – Research Report), Navios Maritime Partners (NMM – Research Report), Novavax (NVAX – Research Report) and Cree (CREE – Research Report).
Microvision is up 13.41% in midday trading to $22.67. Shares opened today at $19.99. The company has a 52-week low of $0.24 and a 52-week high of $24.18.
Sangamo Biosciences is up 5.84% in midday trading to $12.33. Shares opened today at $11.65. The company has a 52-week low of $7.65 and a 52-week high of $19.43. On the Street’s front, the average 12-month analyst price target for the stock is $20.00, marking a 71.67% potential upside from current levels. In a report issued on March 25, Wedbush analyst Liana Moussatos reiterated a Hold rating on SGMO, with a price target of $11.00, which represents a potential downside of 6% from where the stock is