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Stock Prices

MSTR

MicroStrategy Incorporated (NASDAQ:MSTR) shares are rising after purchasing an additional 3,000 Bitcoin for about $155.4 million, bringing their total holdings to approximately 193,000 bitcoins. The acquisition occurred between Feb. 15 and Feb. 25 at an average price of $51,813 per bitcoin. This move comes as crypto-related stocks surge, with Bitcoin trading above $53,000. MicroStrategy's stock has gained nearly 25% year-to-date, buoyed by the approval of several spot bitcoin ETFs and anticipation of the next bitcoin halving event. Shares are trading above the 50-day moving average and near the 52-week high.

Portfolio Pulse from Erica Kollmann

February 26, 2024 | 4:47 pm

ADCT

ADC Therapeutics' stock price increased following RBC Capital's decision to maintain an Outperform rating and raise its price target from $6 to $8.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 4:47 pm

AMR

Financial analysis of Alpha Metallurgical (NYSE:AMR) options market reveals a bearish sentiment with 57% of traders showing bearish tendencies. The analysis highlighted 14 unusual trades, with a focus on a price band between $145.0 and $520.0. Notable options activity includes both bearish and bullish trades, with significant open interest and volume in calls and puts. Alpha Metallurgical, a coal mining company, is currently trading at $409.0, up 4.9%, with an anticipated earnings release in 0 days.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:45 pm

VZ

Significant bearish options activity has been detected in Verizon Communications (NYSE:VZ), with a notable volume of puts compared to calls. The options market is indicating a price target range of $35.0 to $47.0 for VZ. Despite mixed sentiment among large-scale traders, the bearish sentiment prevails with 62% bearishness. Verizon's current trading volume is 6,300,926, with a slight decrease in stock price by -0.12%, and it's potentially oversold according to RSI readings. Analysts have mixed opinions, with target prices ranging from $36 to $47.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:45 pm

AAL

Financial analysts have observed a bullish trend in the options market for American Airlines Gr (NASDAQ:AAL), with a significant portion of traders showing optimism. Analysis of unusual trades revealed a bullish sentiment among 66% of traders, with a focus on a price target range of $12.0 to $25.0. The largest options trades indicate a mix of neutral, bearish, and bullish sentiments, with varying strike prices and expiration dates. American Airlines, known for its extensive fleet and major U.S. hubs, has seen its stock price slightly increase by 0.07% to $15.14. An analyst from Citigroup has upgraded the stock to Buy with a price target of $20.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 4:45 pm

RHHBY

Roche Holding AG is contemplating the sale of Esbriet, a lung disease medication, due to declining sales from generic competition. The company is in preliminary talks following interest from potential buyers.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 4:40 pm

NRIX

Nurix Therapeutics shares increased in value following Morgan Stanley's decision to maintain an Equal-Weight rating while raising the price target from $9 to $10.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 4:38 pm

ACCD

Accolade's stock price increased following Leerink Partners initiating coverage with an Outperform rating and a $16 price target.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 4:37 pm

AAPL

SSNLF

Steve Jobs initially envisioned the iPhone with an iPod-like flip design and clickwheel, inspired by Samsung's flip phone. This concept evolved into the iconic glass slab design with a touchscreen, revolutionizing the smartphone industry and leading Apple to become the world's biggest smartphone maker, surpassing Samsung.

Portfolio Pulse from Rounak Jain

February 26, 2024 | 4:35 pm

MDGL

B. Riley Securities analyst Mayank Mamtani downgrades Madrigal Pharmaceuticals (MDGL) from Neutral to Sell and sets a price target of $155.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 4:33 pm