US Stocks Mixed; Housing Starts Surge In May
Portfolio Pulse from Lisa Levin
US stocks traded mixed with Dow Jones dropping over 150 points, while housing starts surged 21.7% MoM in May. Utilities shares jumped by 1.2%, with ReNew Energy Global (RNW) and Pampa Energía (PAM) both up 5%. DICE Therapeutics (DICE) shares rose 38% after Eli Lilly agreed to acquire the company.
June 20, 2023 | 1:52 pm
News sentiment analysis
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DICE Therapeutics (DICE) shares shot up 38% to $46.55 after Eli Lilly agreed to acquire the company for $48 per share in cash.
DICE Therapeutics (DICE) shares rose significantly after the announcement of Eli Lilly's acquisition agreement for $48 per share in cash. This news is likely to have a short-term positive impact on DICE's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Pampa Energía (PAM) shares increased by 5% as utilities shares jumped by 1.2% on Tuesday.
Pampa Energía (PAM) shares rose 5% as the utilities sector experienced a 1.2% gain on Tuesday. The positive performance of the utilities sector is likely to have a short-term positive impact on PAM's stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
ReNew Energy Global (RNW) shares rose 5% as utilities shares jumped by 1.2% on Tuesday.
ReNew Energy Global (RNW) shares rose 5% as the utilities sector experienced a 1.2% gain on Tuesday. The positive performance of the utilities sector is likely to have a short-term positive impact on RNW's stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80