Streetbeat News

Stock Prices

ET

A whale investor has taken a bullish stance on Energy Transfer (NYSE:ET), with 60% of investors opening trades with bullish expectations and 40% with bearish. The whale has been targeting a price range from $12.0 to $17.0 for Energy Transfer over the last 3 months. The current price of ET is up 0.15% at $13.79.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 4:46 pm

AUR

TD Cowen has initiated coverage on Aurora Innovation with a Market Perform rating and a price target of $3. This has led to a decrease in Aurora Innovation's stock price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:45 pm

CART

Instacart's IPO is indicating a price of $42.50 per share, significantly higher than the initial pricing of $30 per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:36 pm

CART

DASH

UBER

Instacart is set to debut on the Nasdaq under the symbol 'CART' with an IPO price of $30 per share, totaling 22 million shares. Current indications suggest an opening trade at $42. The company's CEO, Fidji Simo, discussed the company's performance and future plans, emphasizing its competitive edge due to deep integration with grocers. The advertising segment of the business, accounting for nearly 30% of the total revenue, is also gaining attention.

Portfolio Pulse from AJ Fabino

September 19, 2023 | 4:33 pm

MLKN

An option alert has been issued for MillerKnoll (MLKN) for October 20 $20 calls. A sweep of 1000 contracts was made at $0.65, compared to an open interest of 49 contracts. The reference price was $18.7699.

Portfolio Pulse from Charles Gross

September 19, 2023 | 4:32 pm

AMZN

Amazon plans to hire 250,000 employees across the U.S., a significant increase from the 150,000 hired in 2022. The roles will be diverse and available to applicants of all backgrounds and experience levels. The company has opened over 50 new sites in the U.S. this year, creating numerous job opportunities. However, Amazon also laid off 27,000 workers in 2023. AMZN shares traded lower by 2.64% at $136.29.

Portfolio Pulse from Anusuya Lahiri

September 19, 2023 | 4:31 pm

IRWD

Ironwood Pharmaceuticals' shares are trading higher after a Form4 filing revealed that CFO Sravan Emany purchased 36,072 shares at an average price of $8.32 per share.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 4:30 pm

SHOP

Shopify (NYSE:SHOP) has outperformed the market over the past 5 years by 20.42% on an annualized basis, producing an average annual return of 29.07%. If an investor had bought $100 of SHOP stock 5 years ago, it would be worth $359.68 today.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 4:30 pm

EMR

Emerson Electric's (NYSE:EMR) short percent of float has risen 15.38% since its last report, with 6.81 million shares sold short, which is 1.2% of all regular shares available for trading. It would take traders 2.76 days to cover their short positions on average. The company's short interest is less than its peer group average of 11.70%.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 4:30 pm

EPD

Enterprise Prods Partners's (NYSE:EPD) short percent of float has fallen 7.08% since its last report, with 15.32 million shares sold short, which is 1.05% of all regular shares available for trading. It would take traders 5.16 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 3.68%.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 4:30 pm