RIDE - Catalyst watch for next week: Rivian IPO Hertz redux Disney+ Day and AMD event
Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Monday - November 8 Volatility watch - Options trading spiked higher this week on Bakkt Holdings (NYSE:BKKT) and Cassava Sciences (NASDAQ:SAVA). Stocks generating strong interest on Reddit's WallStreetBets include Skillz (NYSE:SKLZ) and Avis Budget Group (NASDAQ:CAR). After Bed Bath & Beyond (NASDAQ:BBBY) burned shorts with a new buyback plan that essentially acquired 25% of its float to send shares skyrocketing, Gordon Haskett analyst Chuck Grom advises that other companies in the retail sector that have a similar high cash ratio alongside elevated short interest percentages include Kohl’s (NYSE:KSS), Dick's Sporting Goods (NYSE:DKS), Macy's (NYSE:M), Citi Trends (NASDAQ:CTRN) and Nordstrom (NYSE:JWN). All
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Catalyst watch for next week: Rivian IPO, Hertz redux, Disney+ Day and AMD event