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Stock Prices

SMCI

Deep-pocketed investors have shown a bearish stance on Super Micro Computer (NASDAQ:SMCI) options, with a significant portion of activity suggesting a big move is imminent. Benzinga's tracking revealed 13 unusual options activities, with a bearish majority. The price band focus is between $830.0 and $1095.0. SMCI's current market status shows a slight price decline with potential overbought signals. Analysts have mixed reviews, with an average target price of $1204.2. The company specializes in high-performance server technology.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 1:46 pm

ADBE

Deep-pocketed investors have shown a bullish sentiment towards Adobe (NASDAQ:ADBE), with unusual options activity detected. Benzinga's options scanner revealed 12 significant activities, with 75% being bullish. The activity suggests a target price range of $500 to $600 for Adobe. Current trading volume is 55,529, with a price increase of 0.69% to $507.89. Analysts have an average target price of $619 for Adobe, with varying ratings from Outperform to Neutral.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 1:46 pm

ALLG

Trading of Allego N.V. shares has resumed, indicating a return to normal operations or the resolution of a previous issue that had halted trading.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:42 pm

UUP

Federal Reserve Governor Christopher J. Waller emphasized a cautious approach to interest rate policy, opposing immediate cuts despite recent high inflation figures. Waller highlighted the need for more data to assess disinflationary progress and suggested delaying or reducing rate cuts. He awaits February's personal income and spending data for further policy direction. Following his remarks, the U.S. dollar index, as tracked by the Invesco DB USD Index Bullish Fund ETF (UUP), rose to its highest since mid-February, and the likelihood of a June rate cut decreased.

Portfolio Pulse from Piero Cingari

March 28, 2024 | 1:41 pm

MESO

Mesoblast shares have resumed trading, indicating a potential shift in the company's market activity.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:41 pm

CADL

Candel Therapeutics (NASDAQ:CADL) reported Q4 earnings with an EPS of $-0.38, missing estimates by -138.0% compared to the expected $-0.16. Revenue decreased by $31 thousand from the same period last year. Despite missing EPS estimates last quarter followed by a 4.0% share price increase the next day, this quarter's performance may concern investors.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 1:40 pm

MESO

Shares of Mesoblast were halted due to a circuit breaker triggered by a significant downside movement. This action is typically taken to prevent a stock from crashing by pausing trading, allowing for a cooling-off period.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:38 pm

ALLG

Shares of Allego N.V. (ALLG) were halted on a circuit breaker due to a significant upside movement, with the stock now up 55.6%.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:37 pm

XLO

Trading of Xilio Therapeutics shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:37 pm

ARKB

GBTC

IBIT

Bitcoin spot ETFs saw significant inflows on March 27, with a total of $243 million, highlighting investor interest in cryptocurrency-based investment vehicles. BlackRock's iShares Bitcoin Trust (IBIT) led with $323 million in inflows, while Grayscale's Bitcoin Investment Trust (GBTC) experienced $299 million in outflows. Ark Invest's ARK Innovation ETF (ARKB) also saw a $200 million inflow. The industry is also closely watching the race for a spot Ethereum ETF in the U.S., with Fidelity Digital Assets filing for an ETF that includes a staking feature, despite skepticism from analysts about approval.

Portfolio Pulse from Murtuza Merchant

March 28, 2024 | 1:35 pm