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SNAP

Snap shares are trading higher following the unanimous approval by the House Energy and Commerce Committee of a bill that would require ByteDance to divest TikTok. This legislative move is perceived positively for Snap as it could reduce competition in the social media space.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:55 pm

CRWD

Deep-pocketed investors show a bearish sentiment towards CrowdStrike Holdings (NASDAQ:CRWD), with unusual options activity detected. The activity includes both puts and calls with a price window from $290.0 to $380.0. Despite this, analysts maintain positive ratings on CRWD, with target prices ranging from $350 to $432. The company specializes in cloud-based cybersecurity and is approaching its earnings announcement.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:46 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) has seen unusual options activity, indicating deep-pocketed investors' bullish stance, with a significant portion aiming for a price range of $700 to $1680. The activity includes 31 extraordinary options, with 51% bullish and 48% bearish sentiment. The largest trades are predominantly calls, suggesting optimism about SMCI's future price movement. Currently, SMCI's stock is up 4.36% at $1210.36, with neutral RSI readings and an anticipated earnings release in 53 days. Analysts have mixed ratings, with target prices ranging from $941 to $1350.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:46 pm

ASML

Smart money investors have shown a predominantly bearish stance on ASML Holding (NASDAQ:ASML), with significant activity in options trading. Analysis of 12 trades reveals a heavy inclination towards bearish expectations, with 91% of trades being bearish. The trading volume and open interest suggest a targeted price range between $700.0 and $1080.0 for ASML over the last 3 months. Notable options activity includes both calls and puts with varying sentiments and strike prices. ASML, a leader in photolithography systems for semiconductor manufacturing, is currently experiencing a slight decrease in stock price, with an earnings announcement expected in 40 days.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:45 pm

CCD

Calamos Dynamic (NASDAQ:CCD) announced a monthly dividend of 19.5 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning CCD by the end of Tuesday's session will be eligible for the dividend, to be paid on March 21, 2024. The stock is expected to open 19.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:45 pm

CPZ

Calamos L/S Equity (NASDAQ:CPZ) announced a monthly dividend of 14 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning CPZ by the end of Tuesday are eligible for the dividend, payable on March 21, 2024. The stock is expected to open 14 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:45 pm

FINS

Angel Oak Financial (NYSE:FINS) announced a monthly dividend of 10.9 cents per share, going ex-dividend on Wednesday. Shareholders owning FINS by the end of Tuesday are eligible for the payout on March 28, 2024. The stock is expected to open 10.9 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:45 pm

FUND

Sprott Focus Trust (NASDAQ:FUND) announced a quarterly dividend of 12.86 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, payable on March 28, 2024. The stock is expected to open lower by the dividend amount on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:45 pm

CIZN

Citizens Holding (NASDAQ:CIZN) announced a quarterly dividend of 16 cents per share, with Tuesday being the last day for investors to be eligible for this payout. The stock will go ex-dividend on Wednesday, likely opening 16 cents lower. The dividend is scheduled for payment on March 29, 2024.

Portfolio Pulse from Benzinga Insights

March 08, 2024 | 2:45 pm

UBS

UBS shares are trading higher following an upgrade by Morgan Stanley from Equal-Weight to Overweight.

Portfolio Pulse from Benzinga Newsdesk

March 08, 2024 | 2:44 pm