Stocks to invest in – Market Movers Today: Chegg Inc (CHGG), Helios and Matheson Analytics Inc (HMNY), Blue Apron Holdings Inc (APRN), and More

Stocks to invest in

Chegg Inc (NYSE:CHGG) (The Motley Fool)
What happened: shares of Chegg Inc. (NYSE:CHGG) jumped on Tuesday after the connected learning platform provider reported its fourth-quarter results. The company beat analyst estimates for both revenue and earnings, pushing the stock up about 15.5% by 12:10 p.m. EST. So what: Chegg reported fourth-quarter revenue of $73.5 million, up 17% year over year and about $2.9 million higher than the average analyst estimate.

Helios and Matheson Analytics Inc (NASDAQ:HMNY) (MarketWatch)
Shares of MoviePass majority owner Helios & Matheson Analytics Inc. HMNY, -30.35% were down more than 30% in premarket trade on Tuesday after the data company announced a $105 million public equity offering. The offering includes 7,425,000 Series A units, each made up of one common share and a warrant to buy an additional share. The offering also includes 11,675,000 Series B units, each including a Series B pre-funded warrant to by common share and a Series A warrant to buy shares.

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Blue Apron Holdings Inc (NYSE:APRN) (CNBC)
Shares of Blue Apron spiked Tuesday after the company posted a smaller-than-expected fourth-quarter loss, helped by improvements at its fulfillment center in New Jersey. The stock was up 6 percent. Early in Tuesday’s session, it had risen nearly 27 percent. Blue Apron has been struggling to overcome well-publicized operational issues that have dragged its stock down more than 66 percent since it started trading in late June. Shares have slipped from $11 to just under $4 during that period. The meal kit company said increased automation bolstered productivity in the Linden, New Jersey, center and brought it in-line with its counterparts in California and Texas.

WMIH Corp (NASDAQ:WMIH) (Benzinga)
WMIH Corp. shares surged 62.1 percent to $1.29. The insurance company agreed to merge with Nationstar Mortgage Holdings Inc. Nationstar shareholders could chose to receive $18.00 in cash or 12.7793 of WMIH common stock for each share owned. Nationstar shareholders will own around 36 percent of the combined entity with WMIH shareholders owning the remaining 64 percent.


Stocks to invest in

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