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MSPR

MSP Recovery's Chief Legal Officer, Frank C. Quesada, has acquired 6,868,132 shares of the company's stock for approximately $1.5 million, according to a Form4 filing. This has led to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:45 pm

K

KLG

Shares of WK Kellogg Co (NYSE:KLG) declined after its launch as a publicly-traded company following a separation from Kellanova (NYSE:K). Goldman Sachs analyst Jason English initiated coverage of WK Kellogg with a Sell rating and a price target of $11, citing concerns about a long productivity ramp, front-loaded debt build, and a plant closure moratorium that expires in 2026.

Portfolio Pulse from Priya Nigam

October 03, 2023 | 3:43 pm

SDC

SmileDirectClub (SDC) has received notice that its securities will be delisted from the Nasdaq, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:42 pm

AMZN

Amazon's shares are trading lower as stocks sell off amid rising yields.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:33 pm

SPY

Federal Reserve's Loretta Mester expects to hit 2% inflation by the end of 2025 and doesn't foresee any rate cuts happening soon. She attributes the rise in yields to several factors, including a changed outlook on growth.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:32 pm

MCD

A significant bearish stance has been taken on McDonald's (NYSE:MCD) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 46% bullish and 53% bearish. The price target range for McDonald's over the last 3 months has been $220.0 to $290.0. The current price of MCD is $257.32, down 0.17%. Analysts from Tigress Financial, Truist Securities, Citigroup, TD Cowen, and Wells Fargo have maintained their ratings on McDonald's, with price targets ranging from $283 to $355.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:31 pm

NUE

Over the past 5 years, Nucor (NYSE:NUE) has outperformed the market by 11.05% on an annualized basis, producing an average annual return of 18.98%. If an investor had bought $1000 of NUE stock 5 years ago, it would be worth $2,399.98 today.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:30 pm

EA

Over the past 10 years, Electronic Arts (NASDAQ:EA) has outperformed the market by 7.57% on an annualized basis, producing an average annual return of 17.37%. If an investor had bought $100 of EA stock 10 years ago, it would be worth $472.87 today. The company currently has a market capitalization of $32.49 billion.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:30 pm

BA

EADSY

UAL

United Airlines Holdings Inc. is reportedly close to placing an order for A321 jets from Airbus SE. The order will supplement United's existing backlog of 120 A321s from Airbus. United has also placed orders for Boeing Company's 737 Max model, indicating a balanced fleet diversification and expansion approach.

Portfolio Pulse from Akanksha Bakshi

October 03, 2023 | 3:30 pm

TSLA

Tesla's Q3 delivery numbers fell short of expectations, sparking concerns among analysts from Truist Securities, Bernstein, and GLJ Research. The company produced 430,488 vehicles, down from 479,700 in Q2, and delivered 435,059 vehicles, down from 466,140 in Q2. Analysts expressed concerns over pricing strategies, factory upgrades, and doubts over real demand for Tesla vehicles. Despite the lower numbers, Tesla maintains its full-year 2023 volume target of around 1.8 million vehicles.

Portfolio Pulse from AJ Fabino

October 03, 2023 | 3:29 pm