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AMGN

Amgen (NASDAQ:AMGN) has outperformed the market over the past 15 years, producing an average annual return of 12.0%. If an investor had bought $100 of AMGN stock 15 years ago, it would be worth $537.15 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 4:00 pm

MLTX

MoonLake (NASDAQ:MLTX) has received mostly bullish ratings from analysts in the last quarter, with an average price target of $75.8, a significant increase from the previous average of $51.00.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 4:00 pm

EA

Electronic Arts (NASDAQ:EA) has outperformed the market over the past 10 years by 8.46% on an annualized basis, producing an average annual return of 17.99%. If an investor had bought $1000 of EA stock 10 years ago, it would be worth $5,383.27 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 4:00 pm

ARKK

TARK

ARK Innovation ETF (ARKK) was trading higher on Monday, following a 5.34% drop last week due to the fund offloading $20.67 million worth of Tesla shares. This comes ahead of Tesla's Q3 earnings report, expected on Wednesday. Analysts predict a decrease in earnings per share but a 10% YoY increase in revenue. ARKK may be forming a triple bottom pattern, indicating a potential reversal to the upside. Traders seeking leveraged long exposure to ARKK can consider the AXS 2x Innovation ETF (TARK), which aims to return 200% of ARKK's daily performance.

Portfolio Pulse from Melanie Schaffer

October 16, 2023 | 4:00 pm

TASK

TaskUs (NASDAQ:TASK) has received a mix of bullish and indifferent ratings from analysts in the last quarter. The average 12-month price target for the stock, according to 5 analysts, is $13.0, down 18.75% from the previous average of $16.00.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 4:00 pm

CSCO

Cisco Systems's (NYSE:CSCO) short percent of float has risen 4.05% since its last report, with 62.33 million shares sold short, which is 1.54% of all regular shares available for trading. It would take traders 3.67 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Cisco Systems's peer group average for short interest as a percentage of float is 6.47%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 4:00 pm

DARE

Dare Bioscience announced the achievement of its first commercial milestone under license agreement for XACIATO vaginal gel, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 3:59 pm

GME

GameStop Corp (GME) shares have fallen by 4.6% to $14.23, hitting a new 52-week low. This drop comes despite no company-specific news and follows an 18% decrease over the past month. The company's General Counsel and Secretary, Haymond Mark Robinson, recently sold 11,966 shares at an average price of $15.48. The SEC has introduced new regulations requiring hedge funds to disclose their short positions in publicly traded companies, a response to the GameStop stock frenzy of 2021.

Portfolio Pulse from Henry Khederian

October 16, 2023 | 3:55 pm

NICE

Morgan Stanley has upgraded NICE's stock from Equal-Weight to Overweight, but reduced its price target from $225 to $220. This has led to NICE shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 3:52 pm

RARE

Ultragenyx Pharmaceuticals has announced interim Phase 2 Data from its Phase 2/3 Orbit study and issued preliminary Q3 revenue. This has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 3:51 pm