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Stock Prices

GME

GameStop Corporation (NYSE:GME) shares have been volatile, with the stock down nearly 14% over the last month. However, recent SEC filings reveal two large stock purchases by GameStop insiders. Board member Lawrence Cheng purchased 6,000 shares, and director Alain Attal bought 15,000 shares. The stock is up 3% at $17.53 at the time of publication.

Portfolio Pulse from Erica Kollmann

September 12, 2023 | 4:05 pm

SPXL

SPXS

SPY

Ahead of Apple's iPhone event and key inflation data, the SPDR S&P 500 (NYSE:SPY) slipped almost 0.5%. Traders are waiting for the consumer price index data and the Federal Reserve's decision on interest rates. Experienced traders may choose to play the SPY through Direxion ETFs, SPXL and SPXS, which are triple leveraged funds that track the movement of the SPY. SPXS was trading slightly higher on Tuesday, indicating a period of consolidation and lack of interest from investors.

Portfolio Pulse from Melanie Schaffer

September 12, 2023 | 4:04 pm

NKLA

Shares of Nikola Corp (NASDAQ:NKLA) are trading lower by 6.9% due to another truck fire incident that occurred on Friday. This is the second fire involving the company's vehicles this week and the fourth this year. The incident occurred during a battery fire investigation and testing. No injuries were reported as the pre-production truck was located outdoors.

Portfolio Pulse from Henry Khederian

September 12, 2023 | 4:03 pm

ORCL

Oracle Corporation's shares are trading lower despite reporting a 9% YoY increase in Q1 revenue to $12.45 billion and adjusted EPS of $1.19, beating the consensus estimate of $1.15. The company's Gen2 Cloud has contracts worth over $4 billion from AI development companies. Analysts have updated their coverage and price targets on Oracle, with some maintaining their ratings and others downgrading the stock. The stock is down nearly 12% on heavy trading volume.

Portfolio Pulse from Erica Kollmann

September 12, 2023 | 4:02 pm

NFLX

A large investor has taken a bearish stance on Netflix (NASDAQ:NFLX), with 66% of big-money traders also showing bearish sentiment. The investor's target price range for Netflix is between $295.0 and $790.0. The current price of NFLX is down -0.86% at $441.52. Loop Capital has upgraded its action to Buy with a price target of $500, while Oppenheimer has downgraded its action to Outperform with a price target of $515. Truist Securities maintains their Hold rating on Netflix with a price target of $485.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 4:02 pm

C

Benzinga's options scanner detected over 11 options trades for Citigroup (NYSE:C) totaling $732,211. Whales have been targeting a price range from $30.0 to $60.0 for Citigroup over the last 3 months. Wells Fargo and Oppenheimer maintain their Overweight and Outperform ratings on Citigroup, respectively, with price targets of $55 and $85. HSBC downgraded its action to Hold with a price target of $43.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 4:02 pm

SKIN

The Beauty Health Company (NASDAQ:SKIN) announced a business transformation program aimed at driving profitable growth by cutting costs and streamlining operations. The program is expected to realize annualized cost savings of over $20 million during Q1 2024 and over $15 million during Q2 2024. The company also announced a stock buyback program of up to $100 million. The company's shares are trading higher by 24.41%.

Portfolio Pulse from Shivani Kumaresan

September 12, 2023 | 4:01 pm

STT

State Street (NYSE:STT) has received 10 indifferent and 1 somewhat bearish analyst ratings in the last quarter. The average 12-month price target for the stock, according to 11 analysts, is $75.64, a decrease of 8.1% from the previous average of $82.31.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 4:00 pm

MOND

In the last quarter, Mondee Hldgs (NASDAQ:MOND) received seven somewhat bullish ratings from analysts. The company's average 12-month price target has increased by 4.75% from the previous average, now standing at $12.57 with a high of $13.00 and a low of $10.00.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 4:00 pm

LVS

Analysts have provided ratings for Las Vegas Sands (NYSE:LVS) within the last quarter. The 8 analysts have an average price target of $70.25 versus the current price of Las Vegas Sands at $49.15, implying upside. This average price target has increased by 0.19% over the past month.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 4:00 pm