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Stock Prices

PTCT

PTC Therapeutics shares are trading lower after multiple firms downgraded the stock and lowered their respective price targets.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 5:31 pm

HKIT

RBT

SLNH

STIX

During Monday's intraday session, several information technology stocks experienced significant movements. Gainers included Hitek Global (HKIT), Semantix (STIX), ClearSign Technologies (CLIR), AgileThought (AGIL), T Stamp (IDAI), and AuthID (AUID). Losers included Soluna Holdings (SLNH), Rubicon Technologies (RBT), FOXO Technologies (FOXO), Mawson Infra Gr (MIGI), Ascent Solar Technologies (ASTI), and Verb Tech (VERB).

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 5:30 pm

NFLX

Netflix (NASDAQ:NFLX) has outperformed the market over the past 10 years, producing an average annual return of 24.57%. If an investor had bought $100 of NFLX stock 10 years ago, it would be worth $913.26 today. The company currently has a market capitalization of $174.61 billion.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 5:30 pm

LEN

Over the past 15 years, Lennar (NYSE:LEN) has outperformed the market by 6.91% on an annualized basis, producing an average annual return of 16.11%. If an investor had bought $1000 of LEN stock 15 years ago, it would be worth $8,698.95 today.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 5:30 pm

CCG

Shares of Cheche Group (CCG) were halted due to a circuit breaker triggered by a significant upward movement in the stock price.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 5:30 pm

TSLA

Goldman Sachs has lowered its earnings estimates for Tesla due to expected continued price cuts and gross margin headwinds. The firm maintains a neutral stance on Tesla with a price target of $275. Analyst Mark Delaney predicts Tesla will further lower prices in 2024 to support higher volumes, which will offset the EPS benefit from cost reductions. Broader factors such as rising oil prices and lowered recession expectations continue to be positive for EV demand. Tesla shares were down 2.47% at $267.64 at the time of writing.

Portfolio Pulse from Adam Eckert

September 18, 2023 | 5:29 pm

EMN

HUN

IFF

Three high-yielding stocks in the materials sector have been highlighted by Wall Street's most accurate analysts. These include Huntsman Corporation (HUN) with a dividend yield of 3.66%, Eastman Chemical Company (EMN) with a yield of 4.01%, and International Flavors & Fragrances Inc. (IFF) with a yield of 4.76%. Recent news for these companies include worse-than-expected Q2 results for HUN and IFF, and better-than-expected Q2 earnings for EMN.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 5:28 pm

AVGR

CATX

NKLA

SQL

WORX

Several stocks experienced significant movement in Monday's mid-day session. Notably, Nikola Corporation's shares rose by 33% following the appointment of a new chief operating officer. Other gainers included SCWorx Corp., Avinger, Inc., SeqLL Inc., and Perspective Therapeutics, Inc. On the other hand, stocks such as Earlyworks Co., Ltd, STRATA Skin Sciences, Inc., AERWINS Technologies Inc., and MSP Recovery, Inc. saw a dip in their share prices.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 5:25 pm

CABA

Wells Fargo has maintained an Overweight rating on Cabaletta and raised its price target from $14 to $39. This has resulted in Cabaletta's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 5:11 pm

BTCUSD

ETHUSD

SOLUSD

Crypto analyst Altcoin Sherpa has expressed concerns over Solana's (CRYPTO: SOL) current upward trajectory, warning of a potential sell-off and suggesting that the cryptocurrency might take some time to establish a solid bottom. The analyst advised those interested in SOL to slowly scale in and hold it for 2024+. However, Chris Burniske, a partner at the crypto-focused venture capital firm Placeholder, offered a different perspective, pointing out that only approximately 13% of FTX's SOL holdings are liquid.

Portfolio Pulse from Murtuza Merchant

September 18, 2023 | 5:05 pm