Akorn (AKRX) Bullish Profit Projections; Travel Stocks React to Brussels Terror Attacks

Akorn_AKRX

Shares of Akorn, Inc. (Nasdaq:AKRX) soared in early trade Tuesday after the company said that it expects to deliver stronger profit numbers in 2016 than 2015.

Akorn expects 2015 non-GAAP net income to be $1.93 per diluted share and estimates non-GAAP net income to be in a range of $2.10 to $2.20 per diluted share for 2016

AKRX stock is exchanging hands at $25.99, up $7.27 (or +38.83%), and 6,877,925 of its shares were traded so far

Akorn, a leading specialty generic pharmaceutical company, has 114.43M Shares Outstanding and AKRX stock 52-week rang is between $17.57 and $57.10 per share

*

Several travel stocks began Tuesday’s trading session lower following terror attacks in Brussels, Belgium. According to reports, two explosions occurred at Zaventem airport and one at a metro station near European Union buildings. The three explosions killed at least 31 people and dozens were injured.

Intercontinental Hotels Group plc (NYSE:IHG) – trading at $39.39, down $1.33 (or -3.27%)

Delta Air Lines, Inc. (NYSE:DAL) – trading at $49.03, down $1.09 (or -2.17%)

TripAdvisor Inc. (Nasdaq:TRIP) – trading at $64.90, down $0.81 (or -1.23%)

Carnival Corporation (NYSE:CCL) – trading at $48.32, down $1.46 (or -2.93%)

American Airlines Group Inc. (Nasdaq:AAL) – trading at $42.73, down $0.74 (or -1.70%)

Priceline Group Inc. (Nasdaq:PCLN) – trading at $1,319.00, down $31.51 (or -2.33%)

Royal Caribbean Cruises Ltd. (NYSE:RCL) – trading at $75.29, down $2.94(or -3.76%)

Ryanair Holdings plc (Nasdaq:RYAAY) – trading at $82.54, down $1.25 (or -1.49%)

Deutsche Lufthansa Aktiengesellschaft (OTCMKTS:DLAKY) – trading at $15.70, down $0.33(or -2.06%)

Marriott International, Inc. (Nasdaq:MAR) – trading at $70.64, down $1.66 (or -2.30%)

Hilton Worldwide Holdings Inc. (NYSE:HLT) – trading at $22.23, down $0.18 (or -0.80%)

Hyatt Hotels Corporation (NYSE:H) – trading at $49.02, down $0.80 (or -1.61%)

Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) – trading at $51.34, down $1.37 (or -2.59%)

US Global Jets ETF (NYSEARCA:JETS) – trading at $25.30, down $0.28 (or -1.11%)

Expedia Inc. (Nasdaq:EXPE) – trading at $109.09, down $1.79 (or -1.61%)

Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) – trading at $82.91, down $1.28 (or -1.52%)

Hawaiian Holdings Inc. (Nasdaq:HA) – trading at $46.03, down $0.45 (or -0.97%)

SkyWest Inc. (Nasdaq:SKYW) – trading at $19.00, down $0.23 (or 1.19%)

**

Disclaimer: The disclaimer is to be read and fully understood before using our site, or joining our email list. GalaxyStocks is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read full disclaimer at http://galaxystocks.com/disclaimer/