Streetbeat News

Stock Prices

WMT

A significant amount of unusual options activity has been observed for Walmart (NYSE:WMT), with a mix of bullish and bearish stances. Whales have been targeting a price range from $140.0 to $190.0 for Walmart over the last 3 months. The current price of WMT is $159.6, down by 0.31%. Analysts have mixed ratings on Walmart, with price targets ranging from $169 to $210.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:16 pm

BX

A large investor has taken a bullish stance on Blackstone (NYSE:BX), with Benzinga's options scanner spotting 12 uncommon options trades for the company. The sentiment of these trades is split between 58% bullish and 41% bearish. The whales have been targeting a price range from $65.0 to $105.0 for Blackstone over the last 3 months. Morgan Stanley has downgraded its action to Overweight with a price target of $125.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:16 pm

BZAMF

Canadian cannabis producer BZAM Ltd. has entered into an engagement letter with Clarus Securities for a private placement of at least 15.38 million units at an issue price of CA$0.13 per unit, aiming to raise approximately CA$2 million. The offering, led by the company's chairman and largest shareholder, is expected to close on October 12, 2023. The proceeds will be used for general corporate expenses and working capital purposes. BZAM shares traded 18.08% lower at $0.11 per share.

Portfolio Pulse from Nina Zdinjak

October 03, 2023 | 3:13 pm

CHPT

TSLA

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading lower, down nearly 40% over the last month. Needham analyst Chris Pierce reiterated a Buy rating for ChargePoint but lowered the price target from $9 to $8. The stock is also being affected by Tesla's lower than expected third-quarter delivery numbers. ChargePoint shares are down nearly 5% at $4.52.

Portfolio Pulse from Erica Kollmann

October 03, 2023 | 3:12 pm

SPRC

SciSparc Ltd. (NASDAQ:SPRC) has been granted a new patent by the European Patent Office, aligning with the company's objective to increase the safety of cannabinoid treatments while maintaining their therapeutic effects. The patent, also granted in the United States, Japan, and Australia, relates to compositions and methods for potentiating therapeutic effects and reducing side effects of selected cannabinoids. Following the announcement, SciSparc's shares traded 37.06% higher at $5.04 per share.

Portfolio Pulse from Jelena Martinovic

October 03, 2023 | 3:09 pm

DIA

IWM

QQQ

SPY

Major indexes are down due to a rise in Treasury yields. The JOLTs report also showed strong job openings for August.

Portfolio Pulse from Bill Haddad

October 03, 2023 | 3:08 pm

GPRK

Geopark (GPRK) is being circulated by traders as a pick in the Zacks Homerun Newsletter.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:06 pm

GOGL

Golden Ocean Group Limited (NASDAQ:GOGL) has announced the renewal of its share buy-back program for a maximum period of 12 months, starting from October 5, 2023. The company plans to spend up to $100 million to purchase up to 10 million of its common shares. So far, 1,507,328 shares have been repurchased for a total of $11,629,758. The company's Interim CEO, Lars-Christian Svensen, stated that the extension is in the shareholders' interest and will be used opportunistically as a supplement to the company's long-term focus on dividends.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 3:03 pm

MNSO

MINISO Group Holding Limited (NYSE:MNSO) has opened its first U.K. 'Blind Box' store in London. The store will offer over 50 different blind boxes filled with mystery toys and collectibles, featuring brands like Sanrio, Disney Pixar, and more. The company's shares are currently trading lower by 3.11% at $24.90.

Portfolio Pulse from Shivani Kumaresan

October 03, 2023 | 3:02 pm

LEN

A significant amount of unusual options activity has been observed for Lennar (NYSE:LEN), with a majority of investors taking a bullish stance. The targeted price range for Lennar over the last 3 months has been between $95.0 and $120.0. The current price of LEN is down by 1.03% at $110.0. Analysts from Citigroup and JMP Securities maintain a 'Buy' and 'Market Outperform' rating respectively, while JP Morgan and Wedbush hold a 'Neutral' stance.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 3:01 pm