Streetbeat News

Stock Prices

ASST

Asset Entities has received a notice of delisting or failure to satisfy a continued listing rule or standard from Nasdaq, according to an SEC 8K filing.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:19 pm

LIFW

LifeWallet has announced a 1-for-25 reverse stock split in an attempt to regain compliance with Nasdaq's minimum bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:18 pm

BAC

PLD

SPY

UPST

As Treasury yields rise, stocks are taking a hit, with the SPDR S&P 500 Trust (NYSE:SPY) trading down more than 1.5%. However, if the Federal Reserve starts cutting interest rates, certain stocks and industries could benefit. These include REITs like Prologis Inc (NYSE:PLD), VICI Properties Inc (NYSE:VICI), Simon Property Group Inc (NYSE:SPG) and Crown Castle Inc (NYSE:CCI), banks like Bank of America Corp (NYSE:BAC), Western Alliance Bancorporation (NYSE:WAL), and JPMorgan Chase & Co (NYSE:JPM), and tech/growth stocks like Upstart Holdings Inc (NASDAQ:UPST), Asana Inc (NASDAQ:ASAN), Shopify Inc (NASDAQ:SHOP) and SoFi Technologies Inc (NASDAQ:SOFI).

Portfolio Pulse from Aaron Bry

October 03, 2023 | 8:17 pm

UAL

The article corrects a previous error, confirming that the ticker for United Airlines Holdings is 'UAL'.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:16 pm

PCAR

PACCAR Inc.'s stock price is currently at $84.04, after a 0.85% drop. However, the company's stock has risen by 2.91% over the past month, and by 38.66% over the past year. The company's P/E ratio is 12.18, lower than the Machinery industry's aggregate P/E ratio of 18.79, which could indicate that the stock is undervalued or that it might perform worse than its industry peers.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 8:15 pm

TRN

Trinity Industries reported Q3 deliveries of 4,325 new railcars, which is 685 units below its projection. The shortfall was due to the closing of the US-Mexico border.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:13 pm

CALM

Cal-Maine Foods reported worse-than-expected Q1 sales results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 8:12 pm

PATH

UiPath, Inc. (NYSE:PATH) shares are trading lower due to rising Treasury yields negatively impacting growth stocks. The company also announced a partnership with Apprio to provide managed automation services to midmarket healthcare organizations.

Portfolio Pulse from Ryan Gustafson

October 03, 2023 | 8:10 pm

HTCR

HeartCore has signed a Go IPO contract with GATES GROUP, expecting to generate an aggregate of $600K in initial fees. Additionally, HeartCore has received a warrant to acquire 3% of GATES GROUP's common stock.

Portfolio Pulse from Bill Haddad

October 03, 2023 | 8:09 pm

KZR

Trading of Kezar Life Sciences shares has been halted due to pending news.

Portfolio Pulse from Bill Haddad

October 03, 2023 | 8:07 pm