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BUR

Trading of shares in Burford Capital has been halted pending an announcement.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:05 pm

SLGG

Super League Gaming, Inc. (NASDAQ:SLGG) announced a name change to Super League Enterprise, Inc. and a 1-for-20 reverse stock split. The stock trading symbol will change from 'SLGG' to 'SLE', effective from September 11. The company believes the new name aligns better with its vision and potential. The reverse split is expected to increase the market price per share to maintain compliance with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:02 pm

AR

CVX

DVN

EQT

LNG

SWM

Strikes at Chevron Corp.'s Australian Liquefied Natural Gas (LNG) export facilities have disrupted 7% of the global LNG supply, causing a surge in natural gas prices. The strikes come after failed negotiations with unions. The facilities primarily serve Asia, and prolonged strikes could further disrupt operations and affect prices worldwide. Natural gas prices have already risen, with the European Dutch TFF benchmark surging over 10% and the Henry Hub natural gas price in the US rising 2%. Shares of major US natural gas exporting companies, including Cheniere Energy Inc., Antero Resources, Devon Energy Corp., EQT Corp., and Southwestern Energy Co., have also seen increases.

Portfolio Pulse from Piero Cingari

September 08, 2023 | 3:02 pm

FTCH

Over the past 3 months, 10 analysts have published their opinion on Farfetch (NYSE:FTCH) stock. The company has an average price target of $5.18, a decrease of 46.43% from the previous average price target of $9.67.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 3:01 pm

LVO

PODC

LiveOne's subsidiary PodcastOne has raised its proforma revenue guidance to $47M-$51M with an operating adjusted EBITDA of $4M-$5M for its fiscal year ending March 31, 2024. PodcastOne delivered a record revenue of $10.6M in Q1 FY24. The company will begin trading on Nasdaq under the ticker 'PODC' at a minimum of $8 per share. After the spin-out, LiveOne will own approximately 80% of PodcastOne.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 3:01 pm

DK

Over the past 3 months, 7 analysts have published their opinion on Delek US Hldgs (NYSE:DK) stock. The company has an average price target of $28.0, an increase of 5.66% from the previous average price target of $26.50. The ratings are mixed with 1 somewhat bullish, 3 indifferent, and 3 somewhat bearish.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 3:01 pm

RH

RH reported Q2 earnings of $3.93 per share, beating the analyst consensus estimate of $2.56. The company also reported quarterly sales of $800.48 million, beating the analyst consensus estimate of $784.90 million. However, these figures represent a decrease from last year's earnings and sales. Following the earnings announcement, Wells Fargo, UBS, and Citigroup revised their price targets on RH. RH shares fell 12% to trade at $324.44 on Friday.

Portfolio Pulse from Lisa Levin

September 08, 2023 | 3:00 pm

CWAN

Clearwater Analytics Hldg (NYSE:CWAN) has received mixed analyst ratings in the last quarter, with 2 somewhat bullish, 3 indifferent, and 1 bearish. The company's average 12-month price target is $19.5, which has increased by 13.04% over the past month.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 3:00 pm

CARR

Carrier Global (NYSE:CARR) has received a mix of bullish and indifferent analyst ratings in the last quarter, with no bearish ratings. The average 12-month price target for the company, according to 11 analysts, is $57.09, which has increased by 14.59% over the past month.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 3:00 pm

ZBH

Zimmer Biomet Holdings Inc.'s (ZBH) share price is currently at $121.10, after a 0.49% increase. Over the past month, the stock decreased by 2.28%, but increased by 1.53% in the past year. The company's P/E ratio of 50.21 is lower than the Health Care Equipment & Supplies industry average of 75.71, which could indicate that the stock is undervalued or has weak growth prospects.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 3:00 pm