Streetbeat News

Stock Prices

GM

The NHTSA has initiated an investigation into approximately 73,000 Chevrolet Volt vehicles, produced by General Motors Company (NYSE:GM), for reports of sudden power loss and other issues in models from 2016 to 2019. General Motors had previously issued a technical service bulletin for the issue but has not initiated a formal recall. GM shares were trading higher by 1.52% at $32.08 on the last check Friday.

Portfolio Pulse from Shivani Kumaresan

December 01, 2023 | 4:22 pm

VIEW

Trading in shares of View, Inc. has resumed after being temporarily halted.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 4:19 pm

GFL

RBC Capital analyst Walter Spracklin has maintained an Outperform rating on GFL Environmental (NYSE:GFL) but has reduced the price target from $45 to $43.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 4:17 pm

MSFT

NOW

PATH

UiPath Inc (NYSE:PATH) shares surged in premarket trading following its Q3 earnings report, with analysts from BMO, RBC, Mizuho, Needham, Oppenheimer, and KeyBanc providing insights. BMO and RBC raised their price targets to $24, Mizuho to $22, and Needham to $25, citing strong ARR growth, enterprise deals, and improving profitability. Concerns remain about growth potential, customer churn, and competition from companies like Microsoft (NASDAQ:MSFT) and ServiceNow (NYSE:NOW). PATH shares rose 24.77% to $24.68.

Portfolio Pulse from Priya Nigam

December 01, 2023 | 4:17 pm

IWM

QQQ

TLT

The U.S. manufacturing sector recorded its thirteenth consecutive month of contraction in November, with the ISM Manufacturing PMI remaining at 46.7, below forecasts of 47.6. Key indexes such as New Orders, Production, and Employment all indicated contraction, while the Prices Index showed a significant increase. S&P Global's U.S. Manufacturing PMI also contracted to 49.4. Treasury yields fell, and the iShares 20+ Year Treasury Bond ETF (TLT) rose slightly, while tech stocks dropped, as seen with the Invesco QQQ Trust (QQQ). Small caps tracked by the iShares Russell 2000 ETF (IWM) increased.

Portfolio Pulse from Piero Cingari

December 01, 2023 | 4:16 pm

TFC

Truist Finl Inc. (NYSE:TFC) shares increased by 1.77% and are trading at $32.71, with a 4.87% rise over the past month but a 23.20% fall over the past year. The stock's P/E ratio is lower than the Banks industry average, suggesting it might be undervalued or have weaker growth prospects.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 4:15 pm

AZPN

Aspen Technology's stock (AZPN) is trading higher following an upgrade from Hold to Buy by Loop Capital, which also set a price target of $213.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 4:15 pm

VIEW

Shares of View, Inc. were halted on a circuit breaker due to a rapid increase in price, with the stock surging 320%.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 4:15 pm

FIVE

Five Below's stock is trading higher following the announcement of Q3 financial results that exceeded expectations. The company also provided future guidance and revealed a new share repurchase program valued at up to $100 million.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 4:14 pm

WMT

Walmart shares are trading lower on higher volume due to traders circulating rumors mentioned by Street Insider. The nature of the chatter is not specified in the article.

Portfolio Pulse from Benzinga Newsdesk

December 01, 2023 | 4:14 pm