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JCSE

JE Cleantech Holdings Limited (NASDAQ:JCSE) has announced a 1-for-3 reverse stock split to regain compliance with NASDAQ's minimum $1.00 bid price per share requirement. The split will be effective from October 13, 2023, and the shares will begin trading on a split-adjusted basis from October 16, 2023. The total number of authorized shares will be reduced from 15,020,000 to 5,006,666. Proportional adjustments will be made to the number of shares issuable upon the exercise of any outstanding stock options and the number of shares issuable pursuant to outstanding restricted stock awards.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 5:15 pm

DIS

PENN

Walt Disney Co (NYSE:DIS) has entered a 10-year deal with sports-betting company PENN Entertainment, Inc (NASDAQ:PENN), introducing gambling to its ESPN sports network. This move has raised concerns about alienating Disney's core audience and tarnishing its family-friendly brand image. Despite these concerns, ESPN sees potential to engage a younger male audience and increase revenue through sports betting.

Portfolio Pulse from Anusuya Lahiri

October 13, 2023 | 5:15 pm

BDC

SASI

The article lists the stocks that gained and lost the most during Friday's mid-day trading session. Among the gainers were Sigma Additive Solutions, Bio-Path Holdings, and Shift Technologies, while the losers included Bellerophon Therapeutics, Outset Medical, and MSP Recovery. The article also mentions several companies that reported better-than-expected earnings, such as Comtech Telecommunications and JPMorgan Chase, and others that lowered their guidance or reported worse-than-expected results, such as Belden and SMART Global Holdings.

Portfolio Pulse from Lisa Levin

October 13, 2023 | 5:14 pm

EIS

USO

Iran's Oil Minister has predicted that the price of oil will reach $100 per barrel due to the situation in the Middle East, according to Reuters citing Shana. This could impact the Energy Select Sector SPDR Fund (EIS) and the United States Oil Fund (USO).

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 5:07 pm

GMAB

Over the past 3 months, 13 analysts have published their opinion on Genmab (NASDAQ:GMAB) stock. The average price target is $43.62, implying an upside from the current price of $31.97. The average price target has increased by 25.24% over the past month.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:00 pm

CRWD

GLD

HUM

NKE

CNBC's Halftime Report discussed final trades including CrowdStrike, Nike, Humana, and SPDR Gold Trust. The analysts provided their insights on these stocks.

Portfolio Pulse from Benzinga Newsdesk

October 13, 2023 | 5:00 pm

NRIX

Nurix Therapeutics (NASDAQ:NRIX) has received 4 bullish, 1 somewhat bullish, and 1 indifferent rating from analysts in the last quarter. The average price target is $28.5, representing a significant upside from the current price of $6.28. However, this target is a 10.24% decrease from the previous average price target of $31.75.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:00 pm

SAGE

Analysts have provided various ratings for Sage Therapeutics (NASDAQ:SAGE) within the last quarter, with the majority being indifferent. The average 12-month price target for Sage Therapeutics has decreased by 39.34% from the previous average price target of $48.20 to $29.24.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:00 pm

PANW

Keybanc has maintained its Overweight rating for Palo Alto Networks (NASDAQ:PANW) and increased its price target from $300.00 to $315.00. This would represent a 20.31% increase from the current share price. Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:00 pm

DPZ

RBC Capital has maintained its Outperform rating for Domino's Pizza (NYSE:DPZ) but lowered its price target from $460.00 to $455.00. Domino's shares are currently trading down 1.19% at $346.00 per share. A move to $455.00 would represent a 31.5% increase from the current share price. Domino's is the largest player in the global pizza market with roughly $17.7 billion in 2022 system sales.

Portfolio Pulse from Benzinga Insights

October 13, 2023 | 5:00 pm