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Stock Prices

INSP

Inspire Medical Systems' stock is trading higher after JP Morgan defended the stock in response to Lilly's sleep apnea data release.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:51 pm

BNO

JBHT

KNX

SMH

UAL

USO

Semiconductor and freight stocks declined, while oil prices fell due to an inventory build. Conversely, airline stocks rose, buoyed by strong earnings reported by United Airlines.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:50 pm

NEE

NextEra Energy (NYSE:NEE) has seen significant options trading activity, with a bullish sentiment among high-rolling investors, as reported by Benzinga. The options data reveals a preference for calls over puts, indicating a target price range between $57.5 and $70.0. The company's stock is currently up by 1.15% at $62.41, with an anticipated earnings release in 6 days. Analysts have provided mixed reviews, with an average target price of $73.0, but varying ratings from Equal-Weight to Overweight.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 7:46 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has seen a bearish trend in options trading, with a significant portion of investors betting against the stock. The trading activity suggests a price target range of $105 to $160. The company, a specialty retailer, is currently trading up by 1.55% at $117.69, with an anticipated earnings release in 35 days. An analyst from Argus Research maintains a Buy rating with a target price of $130.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 7:46 pm

SOLUSD

Solana (CRYPTO: SOL) is down 3.2% to $133.07, influenced by a broader crypto market downturn led by a drop in Bitcoin's price. Investor sentiment towards Bitcoin significantly impacts altcoins like Solana, causing them to trade lower in response to Bitcoin's price movements. The correlation between Bitcoin's performance and altcoin prices, including Solana, highlights Bitcoin's dominance in the cryptocurrency market.

Portfolio Pulse from Henry Khederian

April 17, 2024 | 7:46 pm

MULN

Canoo Inc. (NASDAQ:MULN) shares surged over 24% in the past five days following a Buy rating and $5 price target from Benchmark analyst Michael Legg. Legg cited Canoo's $750 million in contracted orders with notable clients like Walmart Inc., the USPS, and the U.S. military as underappreciated opportunities. The stock has attracted both retail investors and short-sellers, with 19.94% of shares sold short. Despite a yearly decline of 82.69%, the stock has gained 5.78% over the past month.

Portfolio Pulse from Erica Kollmann

April 17, 2024 | 7:45 pm

EGP

PLD

REXR

TRNO

Shares of industrial REITs are trading lower following Prologis's announcement of a reduced 2024 FFO (Funds From Operations) outlook. This has negatively impacted the stock prices of companies in the sector.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:44 pm

FXI

SPY

President Biden expressed no concern over the potential impact of metal tariffs on the relationship with China's Xi, indicating confidence in maintaining diplomatic relations despite the economic measures.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:43 pm

RYDE

Ryde Group's stock price increased following Maxim Group's initiation of coverage with a Buy rating and a price target of $8.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:38 pm

SINT

SiNtx Technologies shares surged following the announcement of a special stockholders meeting filed on Tuesday.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:38 pm