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Stock Prices

ING

ING Groep Inc. (NYSE:ING) stock is currently trading at $13.91, down 0.22% for the session, but has seen an 8.48% increase over the past month and a 15.98% rise over the past year. The company's P/E ratio is lower than the Banks industry average, which could indicate that the stock is undervalued or that shareholders have lower growth expectations.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 3:45 pm

LHX

L3Harris Technologies Inc (NYSE:LHX) has agreed to sell its Commercial Aviation Solutions (CAS) business to an affiliate of TJC L.P. for $800 million, comprising $700 million in cash and $100 million in earnout. The sale is part of L3Harris' strategy to focus on national security and technology and is expected to close in the first half of 2024, pending regulatory approval. Proceeds will be used to repay debt. LHX shares dropped by 0.76% to $189.55.

Portfolio Pulse from Shivani Kumaresan

November 27, 2023 | 3:45 pm

HPE

Hewlett Packard Enterprise (HPE) is set to release Q4 fiscal 2023 results on Nov. 28, 2023. Analysts predict a decline in earnings per share to 50 cents from 57 cents in the previous year and a decrease in revenue to $7.35 billion from $7.87 billion. HPE has guided FY24 revenue growth of 2%-4%, operating profit growth of 3%-5%, and adjusted EPS of $1.82-$2.02. The stock closed up 0.3% at $15.83 on Friday. Analysts from Wells Fargo, Morgan Stanley, Credit Suisse, B of A Securities, and Citigroup have recently updated their ratings and price targets for HPE.

Portfolio Pulse from Lisa Levin

November 27, 2023 | 3:44 pm

CAPT

Captivision Inc. (NASDAQ:CAPT) stock has surged over 125% in the past five days without any company-specific news, with shares trading higher on heavy volume. The stock is trending on Yahoo Finance and is currently above its 50-day moving average but still near its 52-week low.

Portfolio Pulse from Erica Kollmann

November 27, 2023 | 3:44 pm

ABEO

Abeona Therapeutics' stock is trading higher following the announcement that the FDA has accepted and granted Priority Review for their Biologics License Application for pz-cel.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 3:41 pm

BURL

UBS analyst Jay Sole has maintained a Sell rating on Burlington Stores (NYSE:BURL) but increased the price target from $120 to $126.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 3:36 pm

ASST

Asset Entities Inc. (NASDAQ:ASST) stock surged 43% to $0.50 after announcing a stock repurchase program for up to 1.25 million shares of Class B common stock. The program, which aims to maximize shareholder value, is approved by the Board of Directors and will expire on November 21, 2024. CEO Arshia Sarkhani expressed confidence in the company's future, with repurchases funded from existing cash reserves. The company has the flexibility to suspend or terminate the program. ASST has a 52-week trading range between $27.85 and $54.60, with 5,639,134 Class B shares outstanding.

Portfolio Pulse from Henry Khederian

November 27, 2023 | 3:31 pm

GRCL

Gracell Biotechnologies' stock is trading higher following the FDA's clearance of the IND application for a Phase 1/2 clinical trial of FasTCAR-T GC012F, aimed at treating refractory systemic lupus erythematosus.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 3:30 pm

LILM

Lilium's stock price has increased following the announcement that the company has received the EASA Design Organization Approval, which is a significant regulatory milestone.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 3:27 pm

GNE

Genie Energy Ltd. (NYSE:GNE) has expanded its renewable energy portfolio through its subsidiary Sunlight Energy Investments by acquiring 12 operational solar arrays with a collective generation capacity of 9.4 MW-DC. These arrays, located in Ohio and Michigan, are under long-term fixed-price PPAs and are expected to be immediately accretive to Genie Energy's bottom line. The acquisition also includes the first right of refusal for future projects by the developer. GNE shares saw a slight increase of 0.95% to $25.57.

Portfolio Pulse from Akanksha Bakshi

November 27, 2023 | 3:17 pm