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Stock Prices

NM

N Logistics Holdings has announced plans to acquire all outstanding shares of common stock of Navios Maritime Holdings not already owned by NLHC for $2.28 per share. This follows an offer made by an affiliate of Ms. Frangou on September 13, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 11:03 am

GLD

SPY

UUP

On Friday, October 20, U.S. stock markets closed in red due to concerns about potential interest rate increases and the Israel-Hamas conflict. All S&P 500 sectors experienced declines, with technology and financials leading the downturn. Asian and European markets also slid on Monday. Commodities were trading lower, with Crude Oil WTI down by 0.41% and Gold down by 0.83%. U.S. Dollar Index was up 0.06%.

Portfolio Pulse from Akanksha Bakshi

October 23, 2023 | 11:00 am

WBA

JP Morgan analyst Lisa Gill has upgraded Walgreens Boots Alliance (NASDAQ:WBA) from Neutral to Overweight and raised the price target from $27 to $30.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 11:00 am

CHS

EJH

POWW

SWBI

Four consumer stocks, AMMO, Inc. (POWW), Smith & Wesson Brands, Inc. (SWBI), E-Home Household Service Holdings Limited (EJH), and Chico's FAS, Inc. (CHS), are considered overbought with their Relative Strength Index (RSI) values above 70, indicating they may crash this quarter. AMMO posted a profit for Q1 with significant improvements in gross margin and strong cash flow. Smith & Wesson's board authorized a new buyback of up to $50 million. E-Home's stock jumped around 65% over the past month. Chico’s FAS announced a definitive agreement to be acquired by Sycamore Partners for $1 billion.

Portfolio Pulse from Lisa Levin

October 23, 2023 | 10:45 am

CET

DAWN

RMAX

Insider trades were noted in three US-listed companies: Day One Biopharmaceuticals, Central Securities Corporation, and RE/MAX Holdings. Day One Biopharmaceuticals' 10% owner Len Blavatnik acquired 1,475,454 shares at an average price of $10.15, costing around $14.98 million. Central Securities Corporation's Vice President Andrew J. O'Neill acquired 1,954 shares at an average price of $35.80, costing around $69,947. RE/MAX Holdings' 10% owner Magnolia Group LLC bought 15,000 shares at an average price of $10.74, costing around $161,100.

Portfolio Pulse from Lisa Levin

October 23, 2023 | 10:44 am

DOGEUSD

Crypto analysts Captain Faibik and Ali suggest that Dogecoin (CRYPTO: DOGE) is currently consolidating within a triangle pattern, indicating a potential upward trend. Faibik speculates that DOGE could hit $1 in the first half of 2024. Ali notes that a weekly candlestick close above $0.0835 could trigger a new bullish trend for DOGE, with a price target of $1. However, crypto analyst Nicholas Merten remains skeptical about DOGE's future prospects.

Portfolio Pulse from Mehab Qureshi

October 23, 2023 | 10:30 am

TGH

Textainer Group Holdings Ltd (NYSE:TGH) has agreed to be acquired by Stonepeak, an alternative investment firm, for $50.00 per share in cash, totaling about $2.1 billion. The transaction represents an enterprise value of approximately $7.4 billion and a premium of about 46% over Textainer's closing share price on October 20, 2023. Upon completion, Textainer will become a privately held company. The deal is expected to close in Q1 2024.

Portfolio Pulse from Shivani Kumaresan

October 23, 2023 | 10:18 am

CVX

HES

Chevron has announced a deal to acquire Hess for $171 per share, totaling $53 billion. This news has led to a decrease in Chevron's share price.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 10:13 am

TGH

Textainer Group Holdings Limited (TGH) has agreed to be acquired by Stonepeak for an enterprise value of approximately $7.4 billion. This has led to a surge in TGH's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 9:59 am

RNG

Rosenblatt analyst Catharine Trebnick has downgraded RingCentral (NYSE:RNG) from Buy to Neutral and lowered the price target from $52 to $35.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 9:56 am