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Stock Prices

LQR

LQR House announced a 60-for-1 reverse stock split, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:59 pm

CCL

Citigroup analyst James Hardiman has reinstated a Buy rating on Carnival Corporation (NYSE:CCL) and set a price target of $18 for the stock.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:52 pm

KEYS

Keysight Technologies, Inc. (NYSE:KEYS) reported Q4 earnings of $1.99 per share, surpassing estimates of $1.87, with revenue at $1.31 billion beating the $1.30 billion estimate. However, the company's Q1 guidance was below expectations, with earnings forecasted between $1.53 and $1.59 per share versus the $1.67 estimate, and revenue between $1.235 billion and $1.255 billion against the $1.24 billion estimate. Following the earnings report, Barclays lowered its price target from $144 to $134, maintaining an Equal-Weight rating, while Baird increased its price target from $155 to $160, maintaining an Outperform rating. KEYS shares dropped 0.3% to $134.53.

Portfolio Pulse from Lisa Levin

November 21, 2023 | 4:50 pm

BX

EBAY

eBay Inc. (NASDAQ:EBAY) has expressed support for a voluntary tender offer by Permira and Blackstone to acquire Adevinta, with eBay set to receive $2.2 billion in cash and retain a 20% stake in Adevinta. The transaction values eBay's total stake at approximately $4.3 billion, a significant premium over the pre-speculation value. eBay plans to use the cash for general corporate purposes and continue its commitment to return 125% of free cash flow to shareholders. The deal is expected to close in Q2 2024, subject to regulatory approvals and other conditions.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:50 pm

DKS

Dick's Sporting Goods Inc (NYSE:DKS) reported a 2.8% year-on-year increase in Q3 FY23 sales to $3.042 billion, surpassing analyst estimates. Comparable store sales rose 1.7%, and adjusted EPS of $2.85 exceeded expectations. The company is optimizing its cost structure, resulting in pre-tax charges but expects to complete the review in fiscal 2023. DKS declared a quarterly dividend of $1.00 per share and raised its full-year adjusted EPS outlook. Shares rose 4.66% to $124.56.

Portfolio Pulse from Nabaparna Bhattacharya

November 21, 2023 | 4:50 pm

IQ

iQIYI's stock price is trading lower following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:50 pm

RCL

Citigroup analyst James Hardiman has reinstated a Buy rating on Royal Caribbean Group (RCL) with a price target of $127.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:50 pm

GANX

Gain Therapeutics (GANX) stock is down following the announcement of a public offering of 2,213,044 shares at $2.005 each and a private placement of 2,500,088 shares at $2 each, totaling $9.4 million.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:49 pm

KSS

Kohl's reported disappointing Q3 sales results and provided updated guidance, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:49 pm

MNSO

MINISO's stock price has declined following the release of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:47 pm