Streetbeat News

Equity Actions

CPT

Conduit Pharmaceuticals Inc. (NASDAQ:CPT) shares are trading higher today, despite being down more than 50% over the past month. The company recently completed a business combination with Murphy Canyon Acquisition Corporation and began trading under the symbol CPT. The stock is among the top trending tickers on Yahoo! Finance, with over 3.16 million shares traded in the session, significantly higher than its 100-day average of 85.497 thousand shares.

Portfolio Pulse from Erica Kollmann

October 04, 2023 | 3:36 pm

PMEC

Primech Holdings Ltd. (NASDAQ:PMEC) is set to start trading on the NASDAQ exchange on October 05 under the ticker PMEC. The company is offering shares at an expected price between $4.00 and $5.00 per share with an insider lock-up period of 180 days ending on April 02, 2024.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 3:00 pm

LRHC

La Rosa Holdings Corp (NASDAQ:LRHC) is set to IPO on October 05 on the NASDAQ exchange. The company is offering shares at an expected price of $5.00 per share with an insider lock-up period of 180 days ending on April 02, 2024. La Rosa Holdings is a leading player in the U.S. residential real estate market.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 3:00 pm

GVH

Globavend Holdings Limited (NASDAQ:GVH) is set to IPO on October 05 on the NASDAQ exchange under the ticker GVH. The company is offering shares at an expected price between $4.00 and $5.00 per share with an insider lock-up period of 180 days ending on April 02, 2024.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 3:00 pm

AAGIY

BEKE

HSBC

TCEHY

YUMC

Hong Kong companies have been buying back their shares at an all-time high, with HSBC Holdings, AIA Group, Tencent Holdings, and Xiaomi Corporation leading the pack. In the US, KE Holdings and Yum China Holdings made substantial stock repurchases.

Portfolio Pulse from Daniel Harrison

October 04, 2023 | 2:52 pm

TSLA

Investor Business Daily SwingTrader has reportedly purchased Tesla (TSLA) stock.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 2:51 pm

BIDU

A significant bearish stance has been taken on Baidu (NASDAQ:BIDU) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is 80% bearish and 20% bullish. The whales have been targeting a price range from $115.0 to $150.0 for Baidu over the last 3 months. The current price of BIDU is down -1.18% at $127.65. Bernstein maintains an Outperform rating on Baidu with a price target of $168.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 2:47 pm

PODD

Insulet Corporation announced a CFO transition and reaffirmed its Q3 and FY23 guidance. This news led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 2:24 pm

LAC

Lithium Americas has announced the completion of its separation into two independent public companies, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 2:17 pm

GOOG

NVDA

SPY

September was a challenging month for investors, with the S&P 500 and Nasdaq 100 down about 5%. However, the Nasdaq futures have shown signs of recovery, bouncing back from a low of 14,600 points. Google and Nvidia, two tech stocks, also have similar support levels. The performance of these stocks in the coming weeks could indicate a potential end-of-year rally in the tech sector.

Portfolio Pulse from Thrash Capital

October 04, 2023 | 2:00 pm