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DELL

Evercore ISI has maintained an Outperform rating on Dell Technologies and raised its price target from $70 to $80. This has resulted in Dell's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 7:08 pm

XPEV

XPeng Inc. (NYSE:XPEV) shares are trading higher amid strong August electric vehicle sales in China. The China Association of Automobile Manufacturers reported an 8.5% quarter-over-quarter and 27% year-over-year increase in sales. In the first eight months of 2023, sales rose 1.8% year-over-year to 13.38 million units.

Portfolio Pulse from Ryan Gustafson

September 11, 2023 | 7:05 pm

MRNA

A whale investor has taken a bullish stance on Moderna (NASDAQ:MRNA), with 57% of investors opening trades with bullish expectations and 42% with bearish. The whale has been targeting a price range from $80.0 to $150.0 for Moderna over the last 3 months. The mean open interest for Moderna options trades today is 1422.43 with a total volume of 1,882.00. The price of MRNA is down -0.92% at $106.64.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 7:01 pm

MATICUSD

Polygon's (CRYPTO: MATIC) price has fallen 3.46% to $0.50 in the past 24 hours, continuing its negative trend over the past week with an 8.0% loss. The trading volume for the coin has increased 2.0% over the past week, while the overall circulating supply of the coin has decreased 0.32%. The current market cap ranking for MATIC is #14 at $4.67 billion.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 7:00 pm

FAST

Fastenal (NASDAQ:FAST) has outperformed the market over the past 20 years by 4.7% on an annualized basis, producing an average annual return of 12.25%. If an investor had bought $1000 of FAST stock 20 years ago, it would be worth $10,058.46 today.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 7:00 pm

CAT

Caterpillar (NYSE:CAT) has outperformed the market over the past 20 years by 3.34% on an annualized basis, producing an average annual return of 10.89%. If an investor had bought $1000 of CAT stock 20 years ago, it would be worth $8,020.22 today.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 7:00 pm

DOTUSD

Polkadot's (CRYPTO: DOT) price has decreased by 4.12% over the past 24 hours to $3.98, continuing its downward trend over the past week of -6.0%. The trading volume has climbed 76.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.03%. The current market cap ranking for DOT is #13 at $5.08 billion.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 7:00 pm

CHTR

CZR

DIS

DKNG

PDYPY

WBD

The 2023 NFL season is kicking off with a game between the Buffalo Bills and New York Jets, with the game being broadcasted on ABC, ESPN, and ESPN+ (units of Walt Disney Co). Betting odds are provided by DraftKings Inc. Promotional offers for betting are available from FanDuel (a unit of Flutter Entertainment), Caesars Entertainment Inc, and PointsBet (acquired by Fanatics). The game also marks the end of a carriage dispute between Disney and Charter Communications Inc, allowing Charter customers access to ESPN. The Jets have gained media visibility through the NFL preseason docuseries “Hard Knocks,” which airs on Warner Bros. Discovery’s HBO and Max streaming platforms.

Portfolio Pulse from Chris Katje

September 11, 2023 | 6:52 pm

AMC

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading lower by 45% over the trailing week after the company entered into an equity distribution agreement for up to 40 million shares. The company aims to use the proceeds from these share sales for multiple objectives, including strengthening its financial stability and supporting its general corporate operations. AMC Theatres also announced the showcasing of the TAYLOR SWIFT | THE ERAS TOUR concert film starting October 13. The company's AMC Preferred Equity Units underwent conversion into common stock on Friday, increasing the total AMC share count from roughly 542.2 million to 550 million shares.

Portfolio Pulse from Henry Khederian

September 11, 2023 | 6:45 pm

EXPE

GEO

GNRC

Citron Research and Michael Burry have both shown interest in Geo Group Inc (NYSE:GEO), a company that owns and operates private prisons and mental health facilities. Citron expects GEO to benefit from the current migration challenges in the US. GEO's stock rose by over 5% following Citron's tweet. Burry, known for shorting stocks, is also long on GEO, with 600,000 shares in his holdings. Citron's investment thesis on GEO is based on the company's app 'SmartLINK', used by the US government to track immigrants.

Portfolio Pulse from Aaron Bry

September 11, 2023 | 6:34 pm