Benzinga | Oct 5, 2020 08:21AM EDT

Benzinga Pro's Top 5 Stocks To Watch For Monday, Oct. 5, 2020: REGN, DKNG, BWA, IMGN, FUBO

Today's 5 Stock Ideas:

* Regeneron Pharmaceuticals (REGN) - The stock was up 5% following a Friday memo release from the White House stating President Trump was being treated for COVID-19 with "a single 8 gram dose of Regeneron's polyclonal antibody cocktail."

* DraftKings (DKNG) - Shares fell almost 5% in pre-market trading Monday after the company announced a public offering of 32 million shares of common stock - half of which will be provided by the company and half of which will be provided by selling shareholders.

* BorgWarner (BWA) - A play on a potential upcoming special purpose acquisition corporation (SPAC). A report on Friday suggested Romeo Power, a designer of electric vehicle battery packs, could go public through a merger with RMG Merger. BorgWarner has about a 20% equity stake in Romeo.

* Immunogen (IMGN) - Shares rose almost 17% in pre-market trading Monday after the company's treatment for relapsed or refractory blastic plasmacytoid dendritic cell neoplasm was granted Breakthrough Therapy Designation by the FDA.

* FuboTV (FUBO) - Expected to start trading on the NYSE Wednesday at a price between $9.00 and $11.00. The streaming service focuses primarily on live sports, including NFL, MLB, NBA, NHL, MLS and international soccer games.