Shares of insurance and annuity provider Brighthouse Financial (NASDAQ:BHF) jumped 9.5% in the morning session after reports surfaced that the company is in exclusive talks to be acquired by investment firm Aquarian Holdings.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Shares of insurance and annuity provider Brighthouse Financial (NASDAQ:BHF) jumped 3.8% in the afternoon session after investors reacted to an analyst rating from Barclays, which reiterated its "overweight" rating on the stock. While Barclays lowered its price target on the life insurance and annuity provider to $70 from $76, the firm maintained its positive "overweight" rating.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
Check out this week's top-performing mid-cap stocks, including Akero Therapeutics' remarkable 106.57% surge following positive clinical trial results and other companies like Surgery Partners experiencing significant growth due to strategic developments.
