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IGMS

Shares of IGM Biosciences have been halted pending an announcement of news. Investors are awaiting the details of the news, which could significantly impact the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:01 pm

FERG

Over the past 5 years, Ferguson (NYSE:FERG) has produced an average annual return of 22.78%, outperforming the market by 11.22% on an annualized basis. A $1000 investment in FERG five years ago would be worth $2,789.70 today. Ferguson currently has a market capitalization of $35.14 billion.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 9:00 pm

JCI

Over the past 15 years, Johnson Controls Intl (NYSE:JCI) has produced an average annual return of 12.47%, outperforming the market by 1.05% on an annualized basis. With a current market capitalization of $37.05 billion, a $100 investment in JCI stock 15 years ago would be worth $610.04 today. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 9:00 pm

PYPL

Over the past 3 months, 21 Wall Street analysts have provided ratings for PayPal Holdings (NASDAQ:PYPL), with an average price target of $73.24, representing an implied upside from the current price of $57.6575. The consensus includes 8 bullish, 5 somewhat bullish, and 8 indifferent ratings, with no bearish or somewhat bearish ratings. The current average price target has decreased by 15.67% from the previous target of $86.85.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 9:00 pm

T

AT&T shares are trading higher following the company's presentation at the 2023 UBS Global Media & Communications Conference.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 8:58 pm

CHEK

Yoav Kimchy, founder and former CTO of Check-Cap Ltd. (NASDAQ:CHEK), has issued an open letter urging shareholders to vote against the merger with Keystone Dental and in favor of the Symetryx Board of Directors nominees. Symetryx continues to advocate for voting against the Keystone Dental transaction, arguing it undervalues Check-Cap's intellectual property and does not maximize shareholder value. Symetryx has hired Mackenzie Partners, Inc. as an advisor and encourages shareholders to contact them for more information.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 8:56 pm

GDRX

GoodRx shares are trading lower due to potential changes in prescription drug pricing by CVS, which may affect GoodRx's competitive pricing advantage.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 8:54 pm

TTWO

Take-Two Interactive Software (NASDAQ:TTWO) released a trailer for 'Grand Theft Auto VI', earlier than expected due to a leak. The trailer has hit a YouTube record with 80 million views in less than 24 hours. 'Grand Theft Auto V', released in 2013, has been one of the best-selling games, contributing to a 782.9% return on investment for those who invested $1,000 in TTWO stock at that time. The anticipation for 'GTA VI' could drive TTWO shares higher as more details emerge.

Portfolio Pulse from Chris Katje

December 05, 2023 | 8:51 pm

C

Citigroup (NYSE:C) has experienced a 32.06% increase in short interest since its last report, with 33.07 million shares sold short, representing 1.73% of its float. The short interest is higher than the peer group average of 0.80%. While this indicates more bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 8:45 pm

ALL

Allstate (NYSE:ALL) has seen a 14.58% decrease in short interest since its last report, with 3.19 million shares sold short, representing 1.23% of available shares. The short interest is below the peer group average of 1.76%. A decrease in short interest can indicate a more bullish sentiment towards the stock, but it does not necessarily predict a price rise. It would take about 2 days to cover all short positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 8:45 pm