Streetbeat News

Stock Prices

ACOR

Acorda Therapeutics has announced its delisting from Nasdaq, marking a significant shift for the company. This move could have various implications for its stock visibility and investor relations.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 9:08 pm

CCEL

Cryo-Cell International (NASDAQ:CCEL) reported Q1 earnings of $0.07 per share, surpassing the $(0.02) estimate, a 450% beat, but saw a 22.22% decrease from last year's $0.09. Sales reached $7.85M, missing the $7.93M estimate by 1.01%, yet marking a 0.38% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 9:05 pm

IEF

TLT

U.S. Treasury yields have surged to 6-month highs, driven by economic resilience and inflation, moving away from expectations of Federal Reserve rate cuts. The yield on the 10-year Treasury note reached 4.61%, with bond ETFs like the iShares 7-10 Year Treasury Bond ETF (IEF) and the iShares 20+ Year Treasury Bond ETF (TLT) experiencing significant declines. UBS warns of potential Fed rate hikes to 6.5% if inflation remains high, potentially leading to a downturn in bonds and stocks.

Portfolio Pulse from Piero Cingari

April 15, 2024 | 9:04 pm

WDAY

Workday (NASDAQ:WDAY) has delivered an average annual return of 12.3% over the past 10 years, turning a $1000 investment into $3,331.58 today. With a current market capitalization of $68.40 billion, WDAY has outperformed the market by 1.92% on an annualized basis.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 9:00 pm

WEX

Over the past 15 years, WEX (NYSE:WEX) has significantly outperformed the market, with an annualized return of 37.82% and an average annual return of 50.42%. A $1000 investment in WEX 15 years ago would be worth $456,745.10 today. The company's current market capitalization stands at $9.72 billion.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 9:00 pm

TSLA

The Anaheim Police Department is initiating a pilot program with six Tesla Inc (NASDAQ:TSLA) Model Y vehicles as patrol cars to address a critical shortage of vehicles. This decision was influenced by the immediate availability of the Model Y and its potential to enhance public safety. The cars were prepared for service by Unplugged Performance's UP.FIT. This move reflects a broader trend towards electric vehicles in law enforcement for their cost-effectiveness and performance benefits.

Portfolio Pulse from Benzinga EV Insights

April 15, 2024 | 8:59 pm

MYSZ

My Size shares are trading higher following the announcement of a 1-for-8 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:49 pm

SKIL

Skillsoft's shares dropped following the announcement of mixed Q4 financial results and a FY25 revenue forecast that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:47 pm

JNJ

Johnson & Johnson (NYSE:JNJ) is set to report Q1 earnings on April 16 with expectations of $2.64 EPS and $21.4 billion in revenues. The stock has declined approximately 9.54% over the past year and 5.88% YTD, amid concerns over patent cliffs and competition. However, J&J is making strategic acquisitions to strengthen its cardiac and MedTech segments. Technical analysis shows a bearish trend, with the stock below key moving averages and indicators suggesting bearish sentiment but also noting it as oversold. Analyst consensus rates J&J as Neutral with a price target of $171.95, while Cantor Fitzgerald and RBC Capital project a potential 37.15% upside to $203.67.

Portfolio Pulse from Surbhi Jain

April 15, 2024 | 8:47 pm

RVYL

Ryvyl shares are trading lower following the announcement of a proposed underwritten public offering.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:46 pm