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IDEX

Ideanomics Inc's shares are trading lower by 8.8% to $1.92, following the company's recent implementation of a 1-for-125 reverse stock split. The split was initiated to meet the minimum bid price requirement of $1.00 for maintaining listing on The Nasdaq Capital Market. Over the past month, Ideanomics shares have fallen approximately 68%.

Portfolio Pulse from Henry Khederian

September 18, 2023 | 3:39 pm

MIRA

Trading of MIRA Pharmaceuticals shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 3:39 pm

U

Unity Software has issued an apology via Twitter regarding its recently announced runtime fee policy. The company has promised to provide an update in the coming days. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 3:35 pm

U

Unity Software has issued an apology via Twitter regarding its recently announced runtime fee policy. The company has promised to provide an update in the coming days. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 3:33 pm

U

Unity Software has issued an apology regarding its recently announced runtime fee policy and has promised an update in the coming days. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 3:33 pm

MRK

NVAX

PFE

TAK

Takeda Pharmaceutical Co Ltd (NYSE:TAK), Japan’s largest pharmaceutical company, is being viewed as a potential big winner in the pharma sector due to its cheap valuation and innovative products in the pipeline. Despite a decline in stock performance and some criticized acquisitions, Takeda's consistently strong earnings and big market position in niche drugs are seen as promising. The company currently trades at a 40% discount to its enterprise value of $80 billion, compared to Merck & Co. Inc. (NYSE:MRK) and Pfizer Inc. (NYSE:PFE) which both trade at a 10% discount to their enterprise value.

Portfolio Pulse from Daniel Harrison

September 18, 2023 | 3:31 pm

ABNB

A significant amount of unusual options activity has been observed for Airbnb (NASDAQ:ABNB), with a split sentiment of 50% bullish and 50% bearish among big-money traders. The options trades have targeted a price range of $115.0 to $170.0 for Airbnb over the last 3 months. Tigress Financial has downgraded its action to Buy with a price target of $185, while Truist Securities maintains a Hold rating with a price target of $126.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:31 pm

V

Benzinga's options scanner detected over 27 options trades for Visa (NYSE:V) totaling $1,144,880. Whales have been targeting a price range from $195.0 to $295.0 for Visa over the last 3 months. JP Morgan maintained their Overweight rating on Visa with a price target of $296. Baird, Wedbush, and Mizuho downgraded their actions with price targets of $284, $270, and $255 respectively.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:31 pm

TMUS

A significant bullish stance has been taken on T-Mobile US (NASDAQ:TMUS) with unusual options activity noticed. The sentiment among these big-money traders is split between 60% bullish and 40% bearish. The whales have been targeting a price range from $130.0 to $160.0 for T-Mobile US over the last 3 months. Raymond James has maintained their Strong Buy rating on T-Mobile US, with a price target of $172.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:31 pm

DHI

D.R. Horton (NYSE:DHI) has outperformed the market over the past 20 years, producing an average annual return of 10.38%. If an investor had bought $1000 of DHI stock 20 years ago, it would be worth $7,172.34 today. The company currently has a market capitalization of $38.22 billion.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 3:30 pm