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PSNY

Polestar's shares are trading lower following the company's Q3 sales results, which were worse than expected.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:46 pm

ASTR

ATRA

DNUT

EVA

HNST

IKNA

INBS

US stocks traded lower with the Dow Jones falling over 200 points. Krispy Kreme Inc reported downbeat Q3 results, missing analyst consensus estimates. Astra Space Inc shares rose 63% after a non-binding proposal to acquire all outstanding common stock. Intelligent Bio Solutions Inc and The Honest Company Inc also saw a rise in shares following Q1 results and upbeat quarterly results respectively. Ikena Oncology Inc, Atara Biotherapeutics Inc, and Enviva Inc saw a drop in shares following weak sales, failure to meet primary endpoint in a study, and Q3 results respectively.

Portfolio Pulse from Lisa Levin

November 09, 2023 | 7:45 pm

EIS

SPY

Houthi military spokesperson announced that the group has launched ballistic missiles on Israel's Eilat. The potential impact on US-listed ETFs EIS (iShares MSCI Israel ETF) and SPY (SPDR S&P 500 ETF Trust) is uncertain.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:42 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) is trading lower by 2.7% amid volatility in the cryptocurrency market. The market is currently influenced by growing optimism about the approval of a Bitcoin ETF. Major financial firms are adjusting their ETF applications, and experts believe the SEC may approve a spot Bitcoin ETF soon. The approval or delay of this could significantly impact the price of cryptocurrencies, including Shiba Inu.

Portfolio Pulse from Henry Khederian

November 09, 2023 | 7:38 pm

DG

Investors have taken a bearish stance on Dollar Gen (NYSE:DG), with 81% of big-money traders showing bearish sentiment. Benzinga's options scanner spotted 11 uncommon options trades for Dollar Gen, with 8 being puts and 3 being calls. The major market movers are focusing on a price band between $80.0 and $160.0 for Dollar Gen. Five industry analysts have shared their insights on this stock, proposing an average target price of $123.6.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 7:31 pm

MAPS

WM Technology Inc (NASDAQ:MAPS) reported a mixed financial performance for Q3 2023 with revenues falling to $47.7 million from $50.5 million YoY, but net losses shrinking to $2.5 million from $10.5 million. The company's adjusted EBITDA stood at a positive $10.7 million, compared to a loss of $9.6 million in Q3 2022. The company projects revenues of around $47 million and an adjusted EBITDA of $5 million for Q4 2023.

Portfolio Pulse from Patricio Liddle

November 09, 2023 | 7:31 pm

METC

Ramaco Resources shares are trading higher after BMO Capital maintained a Market Perform rating on the stock and raised its price target from $10 to $12.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:25 pm

BMY

Deutsche Bank has initiated coverage on Bristol-Myers Squibb with a Hold rating, causing the company's shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:23 pm

ABBV

Deutsche Bank has initiated coverage on AbbVie with a Hold rating, leading to a decrease in AbbVie's stock price.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:21 pm

GILD

Deutsche Bank has initiated coverage on Gilead Sciences with a Hold rating, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 09, 2023 | 7:21 pm