Streetbeat News

Assets

BA

A whale investor has taken a bearish stance on Boeing (NYSE:BA), with 69% of detected trades having bearish expectations. Whales have been targeting a price range of $135 to $310 for Boeing over the last 3 months. The stock is currently down 2.87% at $213.68, and RSI indicators suggest it may be approaching overbought.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 3:46 pm

SRGA

XTNT

Surgalign Holdings has filed for bankruptcy and agreed to sell its US hardware and biomaterials assets, as well as equity interests in non-Debtor entities related to its hardware business outside the US, to Xtant Medical Holdings for $5 million. The sale will be conducted through Chapter 11 proceedings, with Xtant designated as the stalking horse bidder.

Portfolio Pulse from Vandana Singh

June 20, 2023 | 3:20 pm

JD

A large bearish position on JD.com (NASDAQ:JD) has been observed, with 21 uncommon options trades spotted. The overall sentiment of these big-money traders is split between 42% bullish and 57% bearish. Whales have been targeting a price range from $32.5 to $41.0 for JD.com over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 3:17 pm

MELI

Unusual options activity has been observed for MercadoLibre (NASDAQ:MELI), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 14 uncommon options trades, with 42% bullish and 57% bearish sentiment. Whales have been targeting a price range of $800 to $1500 for MercadoLibre over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 3:16 pm

AL

EADSY

Air Lease Corporation (NYSE:AL) has announced long-term lease placements for two new Airbus A220-300 aircraft with Cyprus Airways. Both aircraft are set to be delivered this month from ALC's order book with Airbus.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 3:03 pm

IMO

Imperial Oil Inc.'s (AMEX:IMO) shares increased by 4.47% in the past three months. The company has a total debt of $4.16 billion, with a net debt of $584 million after adjusting for $3.58 billion in cash-equivalents. Imperial Oil's debt-ratio is 0.1, indicating a low financial leverage.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 3:01 pm

BX

NI

NiSource Inc has agreed to sell a 19.9% stake in its NIPSCO unit to Blackstone Inc for $2.15 billion. The deal values NIPSCO at $10.8 billion in equity and $14.3 billion in enterprise value. NiSource will use the proceeds to de-lever its balance sheet, and Blackstone Infrastructure Partners will provide an additional $250 million for ongoing capital requirements.

Portfolio Pulse from Nabaparna Bhattacharya

June 20, 2023 | 2:55 pm

META

A large bearish position on Meta Platforms (NASDAQ:META) has been spotted, with 29 uncommon options trades identified. The overall sentiment is split between 41% bullish and 58% bearish. Whales have been targeting a price range of $175 to $420 for Meta Platforms over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 2:47 pm

CVX

Unusual options activity has been observed in Chevron (NYSE:CVX), with 14 uncommon trades spotted, split between 64% bullish and 35% bearish. Whales have been targeting a price range of $150 to $180 for Chevron over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 2:47 pm

AMAT

A whale investor has taken a bearish stance on Applied Materials (NASDAQ:AMAT), with 90% of detected trades having bearish expectations. Whales have been targeting a price range of $115 to $175 for AMAT over the last 3 months. The stock is currently down 0.78% at $137.84, and RSI indicators suggest it may be approaching overbought.

Portfolio Pulse from Benzinga Insights

June 20, 2023 | 2:47 pm