Streetbeat News

Stock Prices

LRCX

A significant investor has taken a bearish stance on Lam Research (NASDAQ:LRCX), with 70% of recent trades being bearish. The total amount for puts is $418,445 and for calls is $115,610. Whales have been targeting a price range from $560.0 to $650.0 for Lam Research over the last 3 months. The current price of LRCX is up 1.16% at $613.01. Wolfe Research has downgraded its action to Outperform with a price target of $825.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 2:32 pm

PANW

A significant bullish stance has been taken on Palo Alto Networks (NASDAQ:PANW) by a large investor, as observed in the options history. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The whales have been targeting a price range from $220.0 to $300.0 for PANW over the last 3 months. BTIG, WestPark Capital, and Citigroup have maintained their Buy ratings on PANW with price targets of $292, $340, and $285 respectively.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 2:32 pm

SPY

UNG

USO

USA gasoline inventories have seen a build of 1.027M, contrasting with the estimated draw of 0.120M and the prior draw of 0.831M.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 2:32 pm

PIXY

ShiftPixy Inc (NASDAQ:PIXY) shares surged by 157% after the company announced the effective date for its 1-for-24 reverse stock split. The reverse split will be implemented on September 30, following a shareholder vote on August 21. The newly reversed shares will be tradable on Nasdaq from October 2, 2023. The move is expected to create scarcity and increased demand for the remaining shares.

Portfolio Pulse from Henry Khederian

September 27, 2023 | 2:31 pm

SPY

UNG

USO

The Energy Information Administration (EIA) reported a build of 0.398M in weekly distillates stocks, contrasting with an estimated draw of 1.298M and a prior draw of 2.867M.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 2:30 pm

FNV

Franco-Nevada (NYSE:FNV) has outperformed the market over the past 10 years by 2.11% on an annualized basis, producing an average annual return of 11.78%. If an investor had bought $100 of FNV stock 10 years ago, it would be worth $292.91 today.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 2:30 pm

AWK

American Water Works (NYSE:AWK) has outperformed the market over the past 15 years, producing an average annual return of 13.18%. If an investor had bought $100 of AWK stock 15 years ago, it would be worth $639.09 today.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 2:30 pm

BHVN

BTU

DNA

HAYW

HCC

IMVT

IONQ

MAT

METC

MLKN

OPEN

PRO

SE

SOUN

STVN

TAL

WW

Several US stocks recorded gains in Wednesday's trading session. MillerKnoll surged 27% after announcing better-than-expected Q1 results and FY24 EPS guidance above estimates. Biohaven, Ramaco Resources, SoundHound AI, Warrior Met Coal, Immunovant, PROS Holdings, Ginkgo Bioworks, Hayward Holdings, Sea Limited, TAL Education Group, Opendoor Technologies, WW International, IonQ, Stevanato Group, Peabody Energy Corporation, and Mattel also saw significant increases.

Portfolio Pulse from Lisa Levin

September 27, 2023 | 2:28 pm

MSOS

AdvisorShares Trust has resumed trading of its Pure US Cannabis ETF.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 2:23 pm

LRE

Lead Real Estate Co Ltd has opened for trade with its initial public offering (IPO).

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 2:22 pm