Streetbeat News

Stock Prices

FIGS

Goldman Sachs analyst Brooke Roach has maintained a Sell rating on FIGS (NYSE:FIGS) and lowered the price target from $6.75 to $4.85.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 2:59 pm

SCTL

Societal CDMO Inc (NASDAQ:SCTL) is trading higher after the announcement that CoreRx Inc. will acquire all outstanding shares for $1.10 per share in cash. The transaction, expected to close early in Q2 2024, is seen as delivering substantial value to shareholders despite some long-term investor dissatisfaction with the takeover price. SCTL shares surged 132.6% to $1.07.

Portfolio Pulse from Vandana Singh

February 29, 2024 | 2:54 pm

VTNR

HC Wainwright & Co. analyst Amit Dayal maintains a Buy rating on Vertex Energy (VTNR) but lowers the price target from $8 to $3.5.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 2:53 pm

CC

Chemours Company shares resumed trading and continued to decline. This indicates a negative market reaction or sentiment towards the company's recent developments or news.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 2:52 pm

BBSI

Barrington Research analyst Vincent Colicchio has reiterated an Outperform rating on Barrett Business Services, Inc. (BBSI) and maintained a price target of $141.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 2:51 pm

CC

Shares of Chemours Company were halted on a circuit breaker after plummeting 41%. This significant drop triggered the market's automatic mechanisms to pause trading and attempt to stabilize the stock's price.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 2:48 pm

TR

Tootsie Roll Industries (NYSE:TR) announced a quarterly dividend of 9 cents per share, going ex-dividend on Tuesday. Shareholders owning TR by the end of Monday are eligible for the payout on March 28, 2024. The stock is expected to open 9 cents lower on Tuesday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:46 pm

CHK

Chesapeake Energy (NASDAQ:CHK) announced a quarterly dividend of 8.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning CHK by the end of Monday are eligible for the dividend, to be paid on March 26, 2024. The stock is expected to open 8.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:46 pm

AAPL

MARA

TSLA

Cryptocurrencies like Bitcoin, Ethereum, and Dogecoin have seen significant gains, leading to $750M in liquidations. Gemini will refund $1.1B to Earn Program customers. Apple's shareholders rejected a proposal for AI transparency. Marathon Digital's shares fell despite Bitcoin's rally. Dogecoin's market cap surpassed MicroStrategy and Robinhood. Analysts predict a 600% surge in Dogecoin's price. The ETF tracking Congressional Democrats' trades outperformed the S&P 500. US markets show uncertainty ahead of inflation data. Goldman Sachs CEO and Peter Schiff express concerns about the US economy. SEC investigates OpenAI CEO, and Apple faces a vote on AI transparency. Tesla is accused of polluting Berlin's water, and GXO Logistics leads a bidding war for Wincanton.

Portfolio Pulse from Akanksha Bakshi

February 29, 2024 | 2:45 pm

CAKE

Cheesecake Factory (NASDAQ:CAKE) announced a quarterly dividend of 27 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning CAKE by the end of Monday's session are eligible for the payout on March 19, 2024. The stock is expected to open 27 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 2:45 pm