Stocks To Watch: Spotlight On DraftKings, 5G Carriers And Roblox
Mar. 06, 2021 9:08 AM ETADAG, ALSK...
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Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week.
Investors will continue to evaluate the impact of the congressional vote on stimulus in the week ahead and the direction of interest rates. On the corporate calendar, earnings reports will only trickle in, but U.S. telecom giants Verizon Communications (NYSE:
VZ), T-Mobile US (NASDAQ:
TMUS) and AT&T hold big investor events. Gaming platform Roblox Corp (
RBLX) is set to go public in a direct listing next week. Roblox expects its revenue to double in Q1 and daily active users to be up 59% to 68% from last year's level. Roblox join a list of high-profile companies like Palantir Technologies and Spotify Technology that went public through the direct path. That list could include Instacart (
ICART) shortly.