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REGN

Regeneron Pharmaceuticals (NASDAQ:REGN) has outperformed the market over the past 20 years, producing an average annual return of 20.23%. If an investor had bought $100 of REGN stock 20 years ago, it would be worth $3,950.74 today. The company currently has a market capitalization of $89.64 billion.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 4:00 pm

BLK

BTCUSD

ETHUSD

GBTC

SHIBUSD

Crypto expert DonAlt has expressed concerns over the current state of the cryptocurrency market, highlighting its apparent lack of strength. Cryptocurrencies including Bitcoin, Ether, Shiba Inu, and Toncoin are trading flat with losses, while Dogecoin is trading up. DonAlt mentioned the anticipated delay of the ETFs, stating that everyone saw it coming. The SEC last week postponed its decision on spot Bitcoin ETF applications from leading firms, including BlackRock, WisdomTree, and VanEck.

Portfolio Pulse from Murtuza Merchant

September 05, 2023 | 3:55 pm

PYPL

A significant number of investors have taken a bearish stance on PayPal Holdings (NASDAQ:PYPL), with 77% of recent unusual options trades being bearish. Whales have been targeting a price range from $30.0 to $82.5 for PayPal over the last 3 months. The price of PYPL is currently up 0.07% at $63.62. JP Morgan and Barclays have maintained their Overweight rating on PayPal, with price targets of $100 and $88 respectively.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 3:46 pm

C

A significant bearish stance has been taken on Citigroup (NYSE:C) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 47% bullish and 52% bearish. The whales have been targeting a price range from $35.0 to $50.0 for Citigroup over the last 3 months. Wells Fargo and Oppenheimer have maintained their Overweight and Outperform ratings on Citigroup, respectively.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 3:46 pm

FA

First Advantage Corp (NASDAQ:FA) has acquired Infinite ID, a U.S.-based digital identity authentication solutions company, for $41 million in cash. The acquisition is expected to expand First Advantage's network and portfolio of identity solutions in the U.S. Infinite ID is profitable and is expected to generate annual revenues of over $10 million.

Portfolio Pulse from Shivani Kumaresan

September 05, 2023 | 3:31 pm

APD

Air Products & Chemicals (NYSE:APD) has outperformed the market over the past 10 years by 1.33% on an annualized basis, producing an average annual return of 11.65%. If an investor had bought $1000 of APD stock 10 years ago, it would be worth $3,021.98 today.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 3:30 pm

ALNY

Alnylam Pharmaceuticals (NASDAQ:ALNY) has outperformed the market over the past 15 years, producing an average annual return of 14.03%. If an investor had bought $100 of ALNY stock 15 years ago, it would be worth $735.02 today. The company currently has a market capitalization of $25.29 billion.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 3:30 pm

SHEL

Shell PLC (NYSE:SHEL) and Trinidad and Tobago's National Gas Company (NGC) are close to an agreement to credit Venezuela's state-run oil firm PDVSA for its $1 billion investment in a gas field they plan to develop jointly. This could accelerate a long-delayed offshore development initiative. The US authorized Venezuela's PDVSA, Shell, and NGC for two years to revitalize the project in January. Shell and NGC have not yet committed to PDVSA on the reimbursement but are ready to settle for 'all legitimate claims'.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2023 | 3:20 pm

XXII

22nd Century Group, Inc. (NASDAQ:XXII) has initiated a process to evaluate strategic alternatives for its tobacco assets. The process will consider business combinations, asset sales, licensing agreements, alternate financing strategies and other options. The company believes its current market capitalization does not reflect the value of its assets or their long-term potential. TD Cowen has been engaged as advisors in the review of strategic alternatives.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 3:19 pm

LI

An options alert has been issued for Li Auto, with a sweep of 1300 calls for January 2025 at $40, near the ask price of $11.59. This is compared to an open interest of 3535. The reference price is $39.62.

Portfolio Pulse from Charles Gross

September 05, 2023 | 3:15 pm