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Stock Prices

CVS

On CNBC's Halftime Report, the final trades segment included recommendations for Morgan Stanley and CVS Health. Analysts provided their insights on these stocks, suggesting them as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 5:59 pm

AEO

TD Cowen analyst Jonna Kim has maintained a 'Market Perform' rating on American Eagle Outfitters (NYSE:AEO) and increased the price target from $15 to $19.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 5:52 pm

CGC

Canopy Growth Corporation (NASDAQ:CGC) shares have risen over 20% in the last five days following the announcement of the sale of BioSteel Canada and BioSteel Manufacturing, LLC for $30.4 million. The proceeds will be used to repay debt, reducing interest expenses. Additionally, anticipation of a German vote on legalizing recreational marijuana, where Canopy Growth operates a subsidiary, has positively influenced investor sentiment. CGC's stock is currently trading above its 50-day moving average but below its 52-week high.

Portfolio Pulse from Erica Kollmann

December 04, 2023 | 5:49 pm

MMAT

Meta Materials Inc (NASDAQ:MMAT) stock plummeted by 31.7% to $0.075 after announcing a registered direct offering of 75 million shares at $0.08 per share, aiming to raise $6.0 million. The proceeds are intended for technology commercialization and sales efforts in various applications. The offering is expected to close on December 6, with A.G.P./Alliance Global Partners as the placement agent. MMAT's 52-week trading range is between $0.072 and $2.34.

Portfolio Pulse from Henry Khederian

December 04, 2023 | 5:41 pm

CCG

CNFR

EHTH

FGFPP

HALL

MRAI

OXBR

PLMR

ROOT

SLQT

STC

WDH

In Monday's intraday session, insurance stocks saw significant movement. Marpai, Stewart Information Servs, eHealth, Root, Palomar Hldgs, and Conifer Holdings were among the gainers, with Marpai leading at a 31.99% increase. On the losing side, Oxbridge Re Holdings, Cheche Group, Waterdrop, Hallmark Financial Servs, SelectQuote, and FG Finl Gr saw declines, with Oxbridge Re Holdings dropping by 4.98%. Trading volumes for these stocks were reported to be 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:40 pm

BTCUSD

Analysts are optimistic about Bitcoin's potential to reach new highs despite being 39% below its 2021 peak. Factors such as the anticipated approval of a spot Bitcoin ETF and the upcoming Bitcoin halving event in April 2023 are driving positive sentiment. Bloomberg Intelligence analysts see a 90% chance of a Bitcoin ETF approval in January, which could propel BTC prices above $60,000. Bitcoin is currently trading at $41,723 with increased trading volume and market cap.

Portfolio Pulse from Khyathi Dalal

December 04, 2023 | 5:39 pm

DIS

DKNG

The NCAA Football Playoff field is set, with Michigan, Washington, Alabama, and Texas competing for the National Championship. DraftKings Inc (NASDAQ:DKNG) provided betting odds for the teams, with Alabama's victory potentially yielding a $1,233,000 profit for one bettor. ESPN, a unit of Walt Disney Co (NYSE:DIS), will air the semifinal and championship games. The odds favor Michigan and Alabama, with potential profits for a $100 bet ranging from $180 to $700 depending on the team.

Portfolio Pulse from Chris Katje

December 04, 2023 | 5:36 pm

TLRY

Tilray Brands, Inc. (NASDAQ:TLRY) stock has risen over 16% in the past five days, driven by investor anticipation of a German legislative vote on legalizing recreational marijuana. Tilray Europe, based in Germany, stands to benefit if the measure passes. Trading volume is high, with over 15.3 million shares traded versus a 100-day average of nearly 21 million. The stock is also a target for short-sellers, with 16.52% of shares sold short. TLRY is currently trading above its 50-day moving average but below its 52-week high.

Portfolio Pulse from Erica Kollmann

December 04, 2023 | 5:34 pm

IBM

IBM has launched 'IBM Quantum Heron,' a new utility-scale quantum processor, and unveiled IBM Quantum System Two, a modular quantum computer. The company has also expanded its Quantum Development Roadmap to 2033 and released Qiskit 1.0, an open-source quantum programming software. IBM shares are trading higher by 0.50% at $161.35.

Portfolio Pulse from Lekha Gupta

December 04, 2023 | 5:34 pm

GAIA

Gaia, Inc. (NASDAQ:GAIA) has appointed James Colquhoun as CEO, who will oversee the company's growth and operations. Colquhoun, previously Gaia's COO and FMTV's CEO before its acquisition by Gaia, brings digital marketing and brand building expertise. Gaia also launched a new AI-powered search engine for its media library, enhancing content discovery and recommendations for its members.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 5:34 pm