Streetbeat News

Assets

DHR

Over the past 10 years, Danaher (NYSE:DHR) has produced an average annual return of 15.91%, outperforming the market by 6.24% on an annualized basis. A $100 investment in DHR a decade ago would be worth $436.41 today. Danaher's market capitalization currently stands at $163.31 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:30 pm

AON

Over the past decade, Aon (NYSE:AON) has delivered an average annual return of 14.63%, outperforming the market. A $100 investment in AON 10 years ago would be worth $392.69 today. Aon's market cap stands at $65.29 billion, reflecting its growth and investor returns over the period. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:30 pm

MPC

Marathon Petroleum (NYSE:MPC) has delivered an average annual return of 19.94% over the past 5 years, outperforming the market by 8.43% on an annualized basis. A $1000 investment in MPC 5 years ago would be worth $2,459.23 today. The company's current market capitalization stands at $57.48 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:00 pm

MRNA

Moderna (NASDAQ:MRNA) has significantly outperformed the market with an average annual return of 33.32% over the past 5 years. An investment of $100 in MRNA stock 5 years ago would be worth $425.75 today. The company's market capitalization stands at $30.19 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 2:00 pm

ARKF

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) stock is trading higher after the company reported positive monthly customer metrics, including $1.4 billion in net deposits for November. Equity and options trading volumes remained stable compared to October, while crypto trading volumes increased by 75%. Additionally, Ark Invest's ARK Fintech Innovation ETF (NASDAQ:ARKF) has increased its position in Robinhood, purchasing 14,702 additional shares, which may also be contributing to the stock's rise.

Portfolio Pulse from Adam Eckert

December 05, 2023 | 1:59 pm

PRST

Presto Automation is actively pursuing the collection of up to $11.1 million in non-dilutive cash that was awarded to the company by XAC in a Singaporean legal ruling.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:33 pm

PPG

PPG Industries (NYSE:PPG) has seen a 5.97% increase in short interest since the last report, with 1.66 million shares sold short, representing 0.71% of available shares. The average time to cover these short positions is 1.13 days. While an increase in short interest can indicate bearish sentiment, PPG's short interest is below its peer group average of 4.03%. This information suggests investor caution but does not necessarily predict a price drop.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 1:30 pm

VNRX

VolitionRx Limited (NYSE:VNRX) has received approximately $5.5 million in financing from Wallonie Entreprendre S.A. in Belgium. The funds will support the development of Volition's Nu.Q® product portfolio, particularly the clinical and regulatory program for Nu.Q® NETs aimed at early disease diagnosis such as sepsis. The financing includes a Euro 2.5 million unsecured loan and a private placement of shares. The loan has an 8% interest rate and matures on December 31, 2028, with tranche availability until June 30, 2025.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:05 pm

SAIA

Saia, Inc. (NASDAQ:SAIA) has won the bid to acquire 17 terminals from Yellow Corporation during its Chapter 11 bankruptcy proceedings, with a purchase price of $235.7 million. These terminals are located across various states in the U.S., expanding Saia's operational footprint.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 12:46 pm

AIRE

DGLY

NOK

QMCO

RDZN

The article lists the top 5 oversold tech stocks in the information technology sector, which could present buying opportunities for undervalued companies. The Relative Strength Index (RSI) is used to identify these stocks, with an RSI below 30 indicating an oversold condition. The companies mentioned are Quantum Corporation (QMCO), Roadzen, Inc. (RDZN), Nokia Oyj (NOK), Digital Ally, Inc. (DGLY), and reAlpha Tech Corp. (AIRE). Each company has experienced significant stock price declines recently, with corresponding low RSI values.

Portfolio Pulse from Lisa Levin

December 05, 2023 | 12:28 pm