Streetbeat News

Stock Prices

BMY

Cantor Fitzgerald analyst Olivia Brayer has downgraded Bristol-Myers Squibb (BMY) from Overweight to Neutral and reduced the price target from $68 to $55.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:51 pm

CHGG

Chegg Inc (NYSE:CHGG) announced a $150 million accelerated share repurchase agreement, which is part of its previously announced $2.2 billion buyback program. The company will initially receive approximately 13.5 million shares by Nov. 15, with final settlement expected by Q2 2024. Chegg's CEO expressed confidence in the company's position and commitment to enhancing shareholder value. Following the news, Chegg's stock price increased by 5.62%.

Portfolio Pulse from Adam Eckert

November 15, 2023 | 1:49 pm

KNTE

SLDB

SPRC

SciSparc's treatment shows positive impact on Alzheimer's agitation, causing its stock (SPRC) to surge by 106%. Foresite Capital Fund is considering an acquisition of all outstanding shares of Kinnate Biopharma (KNTE), leading to a 54% stock increase. Solid Biosciences (SLDB) sees a 47% rise after FDA clearance for its Duchenne muscular dystrophy gene therapy candidate.

Portfolio Pulse from ryanfaloona@benzinga.com

November 15, 2023 | 1:48 pm

AREB

American Rebel Holdings reported its Q3 2023 earnings with an EPS of $(0.95), an improvement from $(8.90) in the same quarter the previous year. However, revenue decreased to $3.45M from $4.102M year-over-year.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:46 pm

HD

Home Depot Inc (NYSE:HD) reported Q3 FY23 sales of $37.71 billion, surpassing estimates of $35.66 billion, with EPS of $3.81 beating the $3.58 consensus. The company's dividend yield is 2.75%, with a quarterly dividend of $2.09 per share. To earn $500 monthly in dividends, an investor would need 718 shares, valued at approximately $218,006. For $100 monthly, 144 shares or $43,723 would be required. Dividend yield fluctuates with stock price and dividend changes. HD shares rose 5.4% to close at $303.63 following the earnings report.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 1:44 pm

HYMC

Hycroft Mining Holding Corporation (HYMC) shares are set to resume trading at 9:00 a.m. ET after a halt. The news is likely to attract investor attention and could impact the stock's performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:39 pm

RVSN

Rail Vision Ltd. shares are set to resume trading at 9:00 a.m. Eastern Time. There is no additional context provided regarding the reason for the trading halt or what investors might expect following the resumption.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:38 pm

ALPN

Wedbush analyst Robert Driscoll has reiterated an Outperform rating on Alpine Immune Sciences (NASDAQ:ALPN) and maintained a $26 price target on the stock.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:38 pm

DT

Dynatrace (NYSE:DT), a leader in unified observability and security, has announced the pricing of a public offering of 10 million shares of common stock by certain selling stockholders. The underwriter, BofA Securities, has been granted a 30-day option to purchase up to an additional 1.5 million shares. The offering is set to close on November 17, 2023, subject to customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:38 pm

AENT

Alliance Entertainment's division Mill Creek Entertainment, in partnership with Pinnacle Peak Pictures and Tread Lively, announced successful pre-sales for the home entertainment release of THE BLIND. The film topped Amazon's pre-sales across all movies & TV, and is #1 in overall DVD sales and in the Faith/Spirituality category. It grossed over $17 million at the box office and is Fathom Events' highest-grossing release ever. THE BLIND, which tells the story of Phil Robertson's early life, is available on Digital, DVD, and Blu-ray.

Portfolio Pulse from Benzinga Newsdesk

November 15, 2023 | 1:37 pm