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Stock Prices

WMB

Williams Companies Inc. (NYSE:WMB) stock has increased by 3.91% over the past month and by 5.32% over the past year. The company's P/E ratio of 15.82 is higher than the aggregate P/E ratio of the Oil, Gas & Consumable Fuels industry (13.82), suggesting that the stock might be overvalued.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 7:45 pm

KOD

Kodiak Sciences Inc (NASDAQ:KOD) has announced that its Phase 3 GLOW study evaluating tarcocimab tedromer 5 mg in moderately severe to severe NPDR met its one-year primary endpoint. The company has sufficient capital to further develop three clinical prospects. The GLOW study also met all key secondary endpoints, demonstrating a significant decrease in the risk of sight-threatening complications. Despite the positive news, KOD shares are down 14% at $2.03.

Portfolio Pulse from Vandana Singh

November 06, 2023 | 7:40 pm

DOGEUSD

Dogecoin (CRYPTO: DOGE) is trading higher by approximately 7.3% despite no clear news or events linked to this price rise. The broader crypto market, including Dogecoin, has seen strength due to rising optimism about a potential spot Bitcoin ETF. Major financial firms are amending their ETF applications, and the SEC may approve a spot ETF soon. Hong Kong is also considering approving ETFs that directly invest in cryptocurrencies.

Portfolio Pulse from Henry Khederian

November 06, 2023 | 7:36 pm

TEAM

A significant investor has taken a bearish stance on Atlassian (NASDAQ:TEAM), with 72% of the spotted trades being bearish. The whales have been targeting a price range from $60.0 to $185.0 for Atlassian over the last 3 months. The price of TEAM is currently down -2.92% at $171.74. Piper Sandler and Truist Securities have maintained their Neutral and Hold ratings on Atlassian, respectively, with a price target of $180.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 7:31 pm

LRCX

Lam Research (NASDAQ:LRCX) has outperformed the market over the past 20 years, producing an average annual return of 16.3%. If an investor had bought $100 of LRCX stock 20 years ago, it would be worth $2,018.56 today. The company currently has a market capitalization of $83.43 billion.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 7:30 pm

BKNG

Booking Holdings (NASDAQ:BKNG) has outperformed the market over the past 15 years, producing an average annual return of 30.52%. If an investor had bought $1000 of BKNG stock 15 years ago, it would be worth $54,641.92 today. The company currently has a market capitalization of $103.50 billion.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 7:30 pm

BVH

CREV

DBGI

DISH

KOS

MLTX

SATS

US stocks turned lower with the Dow Jones falling around 50 points. Kosmos Energy Ltd reported better-than-expected earnings for Q3 2023. Carbon Revolution Public Limited shares shot up 204% after a merger with Twin Ridge Capital Acquisition Corp. Bluegreen Vacations Holding Corporation shares rose 106% after the announcement of its acquisition by Hilton Grand Vacations. Digital Brands Group, Inc. shares were up 22% after the company announced a review of strategic alternatives. MoonLake Immunotherapeutics shares dropped 24% after the announcement of its phase 2 study results. DISH Network Corporation shares were down 22% after Q3 results and the CEO's resignation. EchoStar Corporation shares fell 21% after worse-than-expected Q3 sales.

Portfolio Pulse from Lisa Levin

November 06, 2023 | 7:28 pm

FXI

SPY

Chinese President Xi Jinping is expected to attend a dinner with top American CEOs during the Asia-Pacific Economic Cooperation Summit in San Francisco next week. This could potentially influence US-China relations and impact related stocks.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 7:26 pm

TSLA

Jim Cramer predicts a rally for Tesla Inc (NASDAQ:TSLA) stock, expecting it to reach $300 per share, despite a recent 16% drop. Tesla's shares have been under pressure following disappointing financial results in mid-October. However, the company's plans to build a vehicle at its German factory for 25,000 euros ($26,838) and wage increases at Gigafactory Berlin have been positively received. Cramer also dismissed concerns about potential strikes at Tesla, stating that CEO Elon Musk would outsmart UAW president Shawn Fain.

Portfolio Pulse from Adam Eckert

November 06, 2023 | 7:22 pm

MCHP

Microchip Technology's (NYSE:MCHP) short percent of float has risen 4.3% since its last report, with 16.99 million shares sold short, which is 3.64% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, increasing short interest can also be bullish for a stock. Microchip Technology's peer group average for short interest as a percentage of float is 3.52%, indicating the company has more short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 7:15 pm