Streetbeat News

Stock Prices

BLDR

Over the past 3 months, 4 analysts have published their opinion on Builders FirstSource (NYSE:BLDR) stock. The analysts have given 1 bullish and 3 somewhat bullish ratings. The average 12-month price target for the stock is $155.5, a decrease of 15.72% from the previous average price target of $184.50.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 2:00 pm

MELI

MercadoLibre (NASDAQ:MELI) has outperformed the market over the past 15 years by 26.54% on an annualized basis, producing an average annual return of 37.39%. If an investor had bought $1000 of MELI stock 15 years ago, it would be worth $112,239.51 today.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 2:00 pm

SPY

The ISM Non-Manufacturing PMI for October came in at 51.8, lower than the estimated 53 and the prior figure of 53.6.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 2:00 pm

NEXI

Neximmune Inc's shares are trading lower after the company's Board of Directors approved a plan to dissolve the company, contingent upon stockholder approval. The company is also exploring options to maximize its business and asset value. A significant reduction in the company's workforce has been authorized, with the process expected to be mostly completed by November 2023.

Portfolio Pulse from Henry Khederian

November 03, 2023 | 1:56 pm

PRLB

Protolabs (NYSE:PRLB) reported Q3 FY2 revenue growth of 7.4% YoY to $130.71 million, beating the consensus of $122.77 million. The company posted an adjusted EPS of $0.51, an improvement from $0.40 in 3Q22, beating the consensus of $0.30. The gross margin expanded by 130 bps to 45.4%, and the operating margin expanded by 300 bps to 7.9%. Revenue from the digital network was $22.6 million, an increase of 86.9% YoY. PRLB shares are trading higher by 23% at $29.89.

Portfolio Pulse from Akanksha Bakshi

November 03, 2023 | 1:56 pm

PBLA

Panbela Therapeutics Inc's shares are trading lower by 26% after the company announced agreements with certain warrant holders to exercise these for 2.13 million shares at a reduced price. This will result in approximately $1.9 million in gross proceeds, excluding financial advisory fees. The reduction in exercise price and issuance of new warrants comply with Nasdaq rules.

Portfolio Pulse from Henry Khederian

November 03, 2023 | 1:55 pm

NVDA

Nvidia Corp (NASDAQ:NVDA) has seen its stock rise over 200% this year due to exceeding investor expectations and consistent EPS and revenue beats. The company dominates 80% of the AI chip market. However, data shows a decline in hedge fund and institutional ownership of Nvidia stock. The top 5 institutional holders have decreased their ownership in the last reported quarter. The reasons for this trend could be profit-taking, expectations of a downtrend, or unheeded warning signs.

Portfolio Pulse from Surbhi Jain

November 03, 2023 | 1:55 pm

PBLA

Panbela Therapeutics has announced the exercise of warrants and the issuance of new warrants in a private placement for $1.9 million in gross proceeds priced at-the-market. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:55 pm

ABNB

A significant bearish stance has been taken on Airbnb (NASDAQ:ABNB) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 45% bullish and 54% bearish. Whales have been targeting a price range from $105.0 to $130.0 for Airbnb over the last 3 months. The current price of ABNB is up 2.95% at $118.9. Analysts from Needham, Morgan Stanley, Piper Sandler, Wedbush, and Mizuho have maintained their ratings on Airbnb, with price targets ranging from $105 to $150.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 1:46 pm

SPY

The S&P Global Services PMI for October was reported at 50.6, slightly below the estimated 50.9, but higher than the prior month's 50.1.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 1:46 pm