Streetbeat News

Stock Prices

AYI

Zacks Alternate Energy Innovators Newsletter has picked Acuity Brands (AYI) as a stock to watch. No specific reasons were given in the article.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 5:57 pm

MIRO

The article lists the stocks that have gained and lost the most in Monday's mid-day session. Notable gainers include Miromatrix Medical, Eargo, VYNE Therapeutics, and JinkoSolar Holding, among others, due to various reasons such as acquisitions, private placements, FDA approvals, and strong quarterly results. On the other hand, significant losers include CommScope Holding, LumiraDx, Alzamend Neuro, and ON Semiconductor due to factors like disappointing financial results, Nasdaq delisting, and reverse stock splits.

Portfolio Pulse from Lisa Levin

October 30, 2023 | 5:55 pm

ADI

Shares of Analog Devices, Inc. (ADI) are trading lower by 2.9% in sympathy with ON Semiconductor, which reported a year-on-year revenue decline of 0.5% for Q3 FY23 and a decrease in adjusted gross and operating margins. Investors' concerns about the overall health of the semiconductor industry and potential industry-wide challenges could impact ADI's revenue and stock price.

Portfolio Pulse from Henry Khederian

October 30, 2023 | 5:51 pm

RVPH

Reviva Pharmaceuticals Holdings Inc (RVPH) shares surged after the company released positive results from its Phase 3 RECOVER trial for brilaroxazine, a drug for adults with schizophrenia. The trial met its primary endpoint, with a significant reduction in PANSS total score. Roth Capital Partners maintains a Buy rating for RVPH with a price target of $12, noting robust data across multiple endpoints. However, they also noted a higher than expected weight gain in patients, which will be further evaluated.

Portfolio Pulse from Vandana Singh

October 30, 2023 | 5:49 pm

SOFI

SoFi Technologies Inc reported better-than-expected Q3 financial results, beating estimates on both the top and bottom line. The company also raised its full-year outlook. CEO Anthony Noto clarified a 'misperception' that student loans were a major driver of the company's quarterly performance, stating that 67% of the company's revenue growth in the quarter was non-lending driven. SoFi's student loan business is not expected to return to pre-pandemic levels until around 2025, but the company's tech platform is seeing robust demand.

Portfolio Pulse from Adam Eckert

October 30, 2023 | 5:48 pm

COST

A 'whale' investor has taken a bullish stance on Costco Wholesale (NASDAQ:COST), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale trades have targeted a price range from $535.0 to $580.0 for Costco over the last 3 months. Telsey Advisory Group has maintained their Outperform rating on Costco, with a price target of $600. Truist Securities downgraded its action to Buy with a price target of $619.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 5:45 pm

IDXX

Benzinga's options scanner detected over 10 options trades for IDEXX Laboratories (NASDAQ:IDXX) totaling $490,784. Whales have been targeting a price range from $360.0 to $410.0 for IDEXX Laboratories over the last 3 months. The price of IDXX is up 1.29% at $396.43. Stifel has decided to maintain their Hold rating on IDEXX Laboratories, which currently sits at a price target of $460.

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 5:45 pm

AAME

ABL

BHFAL

EHTH

GOCO

HALL

KFS

KINS

KNSL

MRAI

UVE

WDH

Insurance stocks showed mixed performance in Monday's intraday session. Gainers included Hallmark Financial Servs (HALL), eHealth (EHTH), Universal Insurance Hldgs (UVE), Marpai (MRAI), Kingsway Financial Servs (KFS), and GoHealth (GOCO). Losers included Kingstone Companies (KINS), Abacus Life (ABL), Kinsale Cap Gr (KNSL), Waterdrop (WDH), Brighthouse Financial, Inc. - Junior Subordinated Debentures due 2058 (BHFAL), and Atlantic American (AAME).

Portfolio Pulse from Benzinga Insights

October 30, 2023 | 5:40 pm

EIS

SPY

USO

Israeli Prime Minister Benjamin Netanyahu has stated that a cease-fire would be a surrender for Israel. This statement could potentially impact the geopolitical situation in the Middle East, which may indirectly affect the performance of certain ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 5:37 pm

DYN

Dyne Therapeutics reported its Q3 financial results, leading to an increase in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 5:36 pm