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MGTX

SNY

MeiraGTx Holdings announced that Sanofi has made a $30 million strategic investment in the company through the purchase of 4 million shares at a price of $7.50 per share. This has led to a rise in MeiraGTx's share price.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:35 pm

CHTR

Charter Communications' shares are experiencing increased volatility following the company's mixed Q3 financial results reported on Friday.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:32 pm

CRON

Cronos Group Inc. (NASDAQ:CRON) (TSX:CRON) has announced the launch of two new THCV-infused products, Spinach FEELZ Full Tilt THCV vape and gummy, in Alberta, British Columbia, and Ontario. The company also plans to launch a THCV-infused pre-roll under the Spinach FEELZ brand in 2024. Meanwhile, New York's Craft Cannabis announced the debut of its Superflux craft cannabis brand in New Jersey on November 1.

Portfolio Pulse from Jelena Martinovic

October 30, 2023 | 2:32 pm

SPY

The Dallas Fed Texas Manufacturing Output Index has dropped to 5.2 in October from 7.9 in September.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:31 pm

CVX

A significant bearish stance has been taken on Chevron (NYSE:CVX) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 38% bullish and 61% bearish. The whales have been targeting a price range from $125.0 to $175.0 for Chevron over the last 3 months. The price of CVX is up 0.38% at $144.91. Analysts from Morgan Stanley, RBC Capital, Truist Securities, UBS, and B of A Securities have given their ratings and price targets on Chevron.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 2:31 pm

LPLA

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on LPL Financial Holdings (LPLA) but lowered the price target from $260 to $252.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:31 pm

CHGG

Chegg Inc (NYSE:CHGG) is set to report its Q3 earnings after market close on Monday. The company's financial performance has been concerning due to decreasing demand and increasing competition from other EdTech firms. Subscription revenues have been declining due to increased competition and the emergence of AI tools. Wall Street analysts expect Chegg to report earnings per share of 71 cents for the quarter and $152.67 million in revenue. The consensus price target stands at $12.63 per share. Chegg shares have been rangebound between $8.10 and $8.75 over the last month.

Portfolio Pulse from Surbhi Jain

October 30, 2023 | 2:30 pm

SPY

The Dallas Fed Manufacturing Business Index for October has been reported at -19.2, a slight decrease compared to the previous month's -18.1.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:30 pm

FMX

Barclays has upgraded Fomento Economico's stock from Equal-Weight to Overweight and raised its price target from $115 to $130. This has resulted in Fomento Economico's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:29 pm

ALX

Alexander's Inc. (ALX) shares are trading higher following the company's report of a year-over-year increase in rental sales results.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 2:29 pm