U.S. Hot Stocks: Hot Stocks to Watch

Among the companies with shares expected to trade actively in Tuesday's session are LendingClub Corp. (LC), Dow Chemical Co. (DOW), and Whirlpool Corp. (WHR).

LendingClub said Tuesday it would eliminate about 12% of its workforce, as loan volumes has plummeted in the second quarter following the troubled fintech company's disclosure that it had made improper loans in order to boost its numbers. Shares rose 3.95% to $4.47 in premarket trading.

Dow Chemical on Tuesday said it planned to cut 2,500 jobs globally, or about 4% of its workforce, as it works to complete its merger with DuPont Co. Dow Chemical shares rose 1.8% to $50.40 premarket.

Whirlpool Corp. on Tuesday backed its earnings forecast for 2016 after its stock had fallen sharply since the U.K. voted to leave the European Union last week. Shares rose 0.84% to $155.75 premarket.

ComScore Inc. (SCOR) said its investigation into accounting issues continues and that it needs more time to evaluate the findings and make conclusions. Shares fell 4.56% to $28.06 premarket.

Gannett Co. (GCI) agreed to buy digital marketing services company ReachLocal Inc. for about $156 million, a deal that Gannett said would increase its digital revenue by roughly 50%.

General Electric Co. (GE) has struck three agreements to sell the bulk of its U.S. restaurant loan portfolio as the industrial conglomerate continues to unwind its financial arm to focus on high-tech products, like jet engines and power turbines.

Regulus Therapeutics Inc.'s (RGLS) stock lost more than half of its value Monday after federal regulators gave the drug maker notice that its experimental treatment for chronic hepatitis C had been placed on a clinical hold.

SolarCity Corp. (SCTY) has formed a special committee to evaluate a $2.8 billion all-stock bid from Tesla Motors Inc.(TSLA), addressing potential conflicts with directors with overlapping interests in the companies.

Starz (STRZA) said Monday that Chief Executive Chris Albrecht will add the role of president under a new contract. Mr. Albrecht's agreement goes into effect on July 1 and runs through Dec. 31, 2020.

Write to Chris Wack at [e-mail] or Maria Armental at [e-mail]

(END) Dow Jones Newswires

June 28, 2016 09:24 ET (13:24 GMT)

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