Streetbeat News

Stock Prices

BKNG

Recent analysis of options trading for Booking Holdings (NASDAQ:BKNG) reveals a bullish trend among investors, with 58% of trades being bullish and 42% bearish. The trades include 4 puts and 8 calls, with a significant volume aiming for a strike price range between $2000.0 and $4800.0. The largest trades observed indicate a mix of bullish, bearish, and neutral sentiments, with the most notable being a bullish call sweep for a strike price of $3680.00, expiring on 01/16/26, valued at $1.1M. Booking Holdings, the world's largest online travel agency, is currently trading at $3661.08, with an upcoming earnings announcement in 36 days.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 1:46 pm

GCTS

Trading of GCT Semiconductor shares resumed after a temporary halt due to a circuit breaker trigger. This event typically occurs in response to significant price movements, aiming to ensure market stability.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:45 pm

COIN

The court has partially granted and denied Coinbase's motion for judgment on the pleadings in the SEC vs. Coinbase case. The SEC's allegations that Coinbase operates as an exchange, broker, and clearing agency, and offers unregistered securities through its Staking Program, have been upheld. However, the court granted Coinbase's motion regarding some of the SEC's claims.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:44 pm

GMDA

Gamida Cell Ltd. (NASDAQ:GMDA) shares plummeted after announcing a restructuring agreement with Highbridge Capital Management, aiming to provide financial stability and support for Omisirge's commercialization. The deal involves converting $75 million of debt into equity and injecting $30 million of new capital, making Gamida Cell a private entity wholly owned by Highbridge. The company's shares are expected to be canceled post-restructuring. Gamida Cell reported a net revenue of $1.8 million for FY23 and a reduced net loss compared to the previous year. The company also plans a 25% headcount reduction and will consolidate its operations in Israel.

Portfolio Pulse from Nabaparna Bhattacharya

March 27, 2024 | 1:42 pm

LWAY

Lifeway Foods' stock (LWAY) trades lower following a downgrade by Noble Capital Markets from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:41 pm

DRCT

DXYZ

GMDA

LIXT

MRDB

UNF

VLD

U.S. stocks traded higher with the Dow Jones gaining over 200 points. UniFirst Corporation reported weaker-than-expected Q2 earnings. Lixte Biotechnology, MariaDB, and Destiny Tech100 saw significant stock increases, while Gamida Cell, Direct Digital Holdings, and Velo3D experienced substantial declines. Oil prices fell slightly, while gold and silver prices increased.

Portfolio Pulse from Avi Kapoor

March 27, 2024 | 1:39 pm

CFXUSD

ETHUSD

KCSUSD

Cryptocurrency market sees a decline with Ethereum falling below $3,600 and KuCoin Token leading the losses among top cryptocurrencies. The global crypto market cap dropped to $2.65 trillion, a 0.9% decrease. Bitcoin slightly fell but remained above $70,000. Mantle emerged as the top gainer, while other notable movements included gains by Sui, Fetch.ai, SingularityNET, and Litecoin, and losses by Conflux, Kaspa, FLOKI, and Bittensor.

Portfolio Pulse from Avi Kapoor

March 27, 2024 | 1:39 pm

NIO

NIO shares are trading lower following the company's announcement of a reduced delivery outlook for Q1.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:39 pm

NVCR

NovoCure (NVCR) shares were temporarily halted due to a circuit breaker triggered by a downside movement, but the stock has since recovered, now showing an increase of 1.76%.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:37 pm

NVDA

Jim Cramer discussed the broadening market landscape, highlighting Nvidia's (NASDAQ:NVDA) recent stock decline as part of this trend rather than a sell-off signal. He analyzed the top twelve S&P 500 stocks, noting substantial gains across diverse sectors. Nvidia's drop is seen in the context of market expansion and its recent 148% surge due to bullish AI market sentiment. Analysts predict strong capital expenditure for Nvidia in 2024, driven by AI infrastructure investments. Nvidia's GTC conference showcased new initiatives, including the Blackwell GPU architecture, with Generative AI (GenAI) seen as a significant market opportunity.

Portfolio Pulse from Benzinga Neuro

March 27, 2024 | 1:37 pm