Benzinga | Dec 31, 2021 08:58AM EST

Benzinga Pro's Top 5 Stocks To Watch For Friday, Dec. 31, 2021: XERS, NTRB, MDRR, ZEPP, NIO

Today's 5 Stock Ideas:

* Xeris Biopharma (XERS) - Shares up ~23%. The company announced FDA approval of Recorlev for the treatment of endogenous hypercortisolemia in adult patients with Cushing's Syndrome.

* Nutriband (NTRB) - Shares up ~54%. The company announced the Korean Intellectual Property Office has fully issued its patent titled "Abuse and Misuse Deterrent Transdermal System" which is related to the company's lead technology AVERSA.

* Medalist Diversified REIT (MDRR) - Shares up ~29%. The company announced a stock repurchase program of 500K shares.

* Zepp (ZEPP) - Shares down ~5%. The company cut Q4 guidance.

* NIO (NIO) - One of the top-searched tickers on Benzinga Pro.