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Stock Prices

BITF

COIN

MARA

MSTR

RIOT

Crypto-related stocks such as BITF, COIN, MARA, MSTR, and RIOT are trading lower due to a decline in Bitcoin's value.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:11 pm

ACN

Accenture Plc (NYSE:ACN) reported mixed Q2 fiscal 2024 results with sales of $15.80 billion, slightly missing consensus but within guidance. Adjusted EPS of $2.77 beat consensus. The company adjusted its fiscal 2024 revenue growth forecast to 1%-3% and EPS to $11.97-$12.20, below consensus. Shares fell 2.2% following the announcement. Analysts from Mizuho, RBC Capital, TD Cowen, Morgan Stanley, BMO Capital, and Citigroup revised their price targets on Accenture.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 7:07 pm

IVVD

Invivyd, Inc. (NASDAQ:IVVD) announced FDA emergency use authorization (EUA) for PEMGARDA (pemivibart) for pre-exposure prophylaxis of COVID-19 in certain adults and adolescents with moderate-to-severe immune compromise. This marks the first EUA for a monoclonal antibody (mAb) based on Invivyd's novel technology platform, aimed at addressing rapid viral evolution. The authorization is supported by positive data from the CANOPY clinical trial and ongoing in vitro activity against major SARS-CoV-2 variants. Product availability in the U.S. is expected imminently. Invivyd also reported having $200.6 million in cash and cash equivalents as of December 31, 2023, and raised an additional $40.5 million in February 2024 to strengthen its balance sheet ahead of the PEMGARDA launch.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:07 pm

PARA

PARAA

Paramount Global's stock (PARA, PARAA) declined following reports that Shari Redstone favors a deal with Skydance over Apollo's bid for Paramount Studio.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:05 pm

NVDA

NVIDIA's stock price increased following UBS's decision to maintain a Buy rating and raise its price target from $800 to $1,100.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:04 pm

ICPUSD

Internet Computer's (CRYPTO: ICP) price has increased by 12.54% in the last 24 hours, reaching $13.68. This marks a continuation of its positive trend, with a 4.0% gain over the past week from $13.15. The coin's all-time high is $700.65. Trading volume for ICP has risen by 19.0% over the past week, while the circulating supply has slightly decreased by 0.07%, totaling 461.16 million. ICP's current market cap ranking is #23, valued at $6.29 billion.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 7:03 pm

TRXUSD

TRON (CRYPTO: TRX) has seen a 3.12% decrease in price over the last 24 hours, continuing a negative trend with an 8.0% loss over the past week. The trading volume and circulating supply have also decreased, with the market cap ranking at #16.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 7:02 pm

ABSI

Six analysts have recently assessed Absci (NASDAQ:ABSI), showing a mix of bullish and somewhat bullish ratings with an average 12-month price target of $8.17, a significant increase from the previous $4.00. Absci, an AI-powered synthetic biology company, has seen a revenue decline of -68.59% over the past 3 months, with a net margin of -2956.18%, ROE of -10.68%, and ROA of -8.97%. Despite the financial challenges, the company's market position remains strong with a low debt-to-equity ratio of 0.09.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 7:01 pm

CVS

Financial analysts have observed a mix of bullish and bearish options trading activity on CVS Health (NYSE:CVS), with significant trades indicating a price target range between $70.0 and $82.5. The analysis of options trades, including both calls and puts, suggests a cautious market sentiment towards CVS Health. Despite this, CVS Health's stock is currently up by 0.59%, trading at $78.73, with expert opinions offering a higher average target price of $86.67. The company's diverse healthcare services and recent acquisition of Oak Street highlight its potential for synergy and growth.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 7:01 pm