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Stock Prices

MTCH

Match Group (NASDAQ:MTCH) has received 9 analyst ratings in the last quarter, with 1 being bullish, 6 somewhat bullish, and 2 indifferent. The average 12-month price target for the company is $59.9, an increase of 4.83% from the previous average of $57.14.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 9:00 pm

AMJ

ARKK

EDV

URA

The article discusses the performance of mid-cap ETFs over the past week. Global X Uranium ETF (URA) and J.P. Morgan Alerian MLP Index ETN (AMJ) were the winners, with URA up 4.59% and AMJ down 1.56%. The losers were ARK Innovation ETF (ARKK) and Vanguard Extended Duration Treasury ETF (EDV), with ARKK down 7.64% and EDV down 6.76%. The largest holdings of these ETFs include companies like Cameco Corporation (CCJ), Sprott Physical Uranium Trust, Magellan Midstream Partners LP (MMP), Enterprise Products Partners LP (EPD), Tesla, Inc. (TSLA), and Zoom Video Communications, Inc. Class A (ZM).

Portfolio Pulse from Johnny Rice

September 26, 2023 | 8:51 pm

BKLN

IGV

JNK

XLB

Invesco Senior Loan ETF (BKLN) and iShares Expanded Tech-Software Sector ETF (IGV) have seen significant increases in net assets over the past week, adding $598.32 million and $189.95 million respectively. On the other hand, SPDR Bloomberg High Yield Bond ETF (JNK) and Materials Select Sector SPDR Fund (XLB) have seen a decrease in net assets, with XLB losing $504.13 million. BKLN and IGV have added $996.99 million and $611.22 million in net assets YTD, while JNK and XLB have lost $749.68 billion and added $288.5 billion respectively.

Portfolio Pulse from Johnny Rice

September 26, 2023 | 8:51 pm

MSFT

Artificial intelligence firm OpenAI is reportedly discussing a share sale that could increase its valuation to $90 billion, a threefold increase from its earlier valuation. Microsoft Corp., which owns a 49% stake in OpenAI, is expecting revenues of $1 billion this year. The proposed share sale is designed to allow OpenAI's employees to sell their existing shares. Despite this news, Microsoft's stock closed 1.7% lower on Tuesday.

Portfolio Pulse from Piero Cingari

September 26, 2023 | 8:50 pm

RPID

Rapid Micro Biosystems has regained compliance with the Nasdaq bid price requirement, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 8:47 pm

PIXY

Shares of human capital management platform company ShiftPixy Inc (NASDAQ:PIXY) are surging in after-hours trading following the announcement of the effective date for its reverse stock split. The one-for-twenty-four reverse split will take effect on Sept. 30 and begin trading on the Nasdaq on Oct. 2. The stock was down nearly 98% year-to-date and more than 30% in the last month as of Tuesday's close.

Portfolio Pulse from Adam Eckert

September 26, 2023 | 8:46 pm

MCD

A significant bearish stance has been taken on McDonald's (NYSE:MCD) as observed from unusual options activity. The overall sentiment of these big-money traders is split between 27% bullish and 72% bearish. The whales have been targeting a price range from $220.0 to $300.0 for McDonald's over the last 3 months. The price of MCD is currently down -0.76% at $267.72. Analysts from Truist Securities, Tigress Financial, Wells Fargo, and TD Cowen have maintained or adjusted their ratings and price targets for McDonald's.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 8:45 pm

T

A significant investor has taken a bearish stance on AT&T (NYSE:T), with 63% of recent trades being bearish and 36% bullish. The majority of these trades are puts, totaling $1,591,643, with calls totaling $149,195. The targeted price range for AT&T over the last 3 months has been $10.0 to $30.0. The current price of AT&T is $15.02, down 0.27%. Citigroup has upgraded AT&T to a 'Buy' with a price target of $17.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 8:45 pm

MLKN

MillerKnoll, Inc. (NASDAQ:MLKN) reported Q1 earnings of 37 cents per share, beating the analyst consensus estimate of 21 cents. The company also reported quarterly sales of $917.70 million, surpassing the analyst consensus estimate of $899.60 million. The company generated $130.9 million of cash flow from operations in Q1. Q2 earnings per share are estimated to be between 52 cents and 58 cents, and revenue is anticipated to be between $950 million and $990 million. Full-year 2024 earnings per share guidance was raised to between $1.85 and $2.15.

Portfolio Pulse from Ryan Gustafson

September 26, 2023 | 8:44 pm

PIXY

ShiftPixy has announced the effective date for its 1-for-24 reverse stock split, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 8:39 pm