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Equity Actions

WST

West Pharmaceutical Servs Inc. (NYSE:WST) shares are currently trading at $376.13, after a 0.38% decrease. Over the past month, the stock decreased by 4.49%, but over the past year, it increased by 56.93%. The company's P/E ratio is 54.96, lower than the Life Sciences Tools & Services industry average of 61.01, indicating potential undervaluation or weaker future performance.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:45 pm

ACB

DBCCF

OGI

TLRY

VFF

Canada's cannabis industry is expected to reach nearly $4.4 billion in retail sales. Major players like Tilray, Decibel Cannabis Company, and Village Farms International are examined in a report by Z&A. The report highlights a 12.3% YoY growth in the recreational cannabis market, while the medical marijuana market has seen a decline. Decibel stands out with a 77% growth in recreational sales. The report also notes the growth of Canada's exports of medical cannabis.

Portfolio Pulse from Nicolás Jose Rodriguez

October 09, 2023 | 2:43 pm

ARKK

CAMT

CHKP

CYBR

HLTEF

ITRN

IZRL

SPNS

TBLA

TEVA

URGN

WIX

The ARK Israel Innovative Technology ETF (IZRL) is under scrutiny due to the Israel-Hamas conflict. The fund, which has $99 million of assets under management, dropped by 5% at the start of the trading week. The ETF has a diversified portfolio of 76 companies, predominantly in the technology sector. Despite a flat year-to-date performance, the fund has seen a 14% decline from its peak in May 2023. Ten stocks within the ETF are being closely watched due to their potential significance in navigating the fund through these turbulent times.

Portfolio Pulse from Piero Cingari

October 09, 2023 | 2:40 pm

PLTR

A significant bearish stance has been taken on Palantir Technologies (NYSE:PLTR) by a large investor, as observed in the unusual options activity. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $15.0 to $20.0 for Palantir Technologies over the last 3 months. The price of PLTR is down -2.11% at $16.26. Wedbush and HSBC have downgraded their actions on Palantir with price targets of $25 and $16 respectively.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:31 pm

SNOW

A significant amount of unusual options activity has been observed for Snowflake (NYSE:SNOW), with a mix of bullish and bearish expectations. The majority of investors (53%) opened trades with bullish expectations, while 46% were bearish. The total amount for puts was $340,973 and for calls was $226,701. Whales have been targeting a price range from $148.0 to $190.0 for Snowflake over the last 3 months. Mizuho and HSBC have both downgraded their action to Buy with price targets of $180 and $201 respectively.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:31 pm

ADXN

Addex Therapeutics announced its plan to change the ratio of its American Depositary Shares (ADS) from 1 to 6 to an ADS Ratio of 1 to 120, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 2:28 pm

AAPL

NVDA

SPY

TSLA

The article discusses the upcoming week's market outlook, focusing on the performance of several stocks and indices. It mentions that the price has entered the weekly bearish imbalance and is approaching the 50% level at 15221. The article also discusses the performance of SPDR S&P 500 (NYSE:SPY), Apple Inc. (NASDAQ:AAPL), Tesla, Inc. (NASDAQ:TSLA), and NVIDIA Corporation (NASDAQ:NVDA). The author suggests that a dollar pullback could lead to more juice for the indices.

Portfolio Pulse from Mando Trading

October 09, 2023 | 2:19 pm

NVDA

Nvidia has announced the cancellation of its AI Summit scheduled for October 15-16 due to the 'current situation' in Israel. The news was reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 2:18 pm

UBER

A significant bullish stance has been taken on Uber Technologies (NYSE:UBER) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is 70% bullish and 30% bearish. The whales have been targeting a price range from $35.0 to $55.0 for Uber over the last 3 months. The price of UBER is currently down -1.27% at $45.2. Needham has downgraded its action to Buy with a price target of $60.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 2:16 pm

ASPI

ASP Isotopes has announced a private placement of 9 million shares at a price of $0.9105 per share, raising approximately $8 million. This has led to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 2:16 pm