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Stock Prices

WHLR

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) shares are trading higher after the company posted redemption forms for its Series D Preferred Stock. The redemption will begin in October 2023. The company also announced that it had regained compliance with the Nasdaq minimum bid price listing requirement. WHLR has a float of only 749,075 shares and more than 14.4 million shares have already been traded in the session. The shares are up 68% at $7.64.

Portfolio Pulse from Erica Kollmann

September 07, 2023 | 2:51 pm

MSFT

SPY

The article discusses the performance of Microsoft Corporation's (NASDAQ:MSFT) stock since co-founder Bill Gates stepped down as CEO in 2000. It highlights that a $1,000 investment in Microsoft at the time of Gates' departure would be worth $24,401.35 today, representing a return of 2,340.1%. In comparison, the same investment in the SPDR S&P 500 ETF Trust (NYSE:SPY) would be worth $4,723.89 today, a return of 372.4%.

Portfolio Pulse from Chris Katje

September 07, 2023 | 2:51 pm

SWIN

Shares of Solowin Holdings (SWIN) resumed trading but were quickly halted again due to a circuit breaker triggered by a rapid increase in the stock's price.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 2:51 pm

AEO

American Eagle Outfitters Inc's (NYSE:AEO) shares rose in after-hours trading following the release of its Q2 results. The company's gross margin expanded by 680 basis points to 37.7% in Q2, driven by lower markdowns, transportation and product costs, and delivery, distribution, and warehousing costs. The company also raised its full-year guidance due to stronger-than-expected Q2 results and continued momentum. Telsey Advisory Group maintained a Market Perform rating but raised the price target from $15 to $19.

Portfolio Pulse from Priya Nigam

September 07, 2023 | 2:50 pm

LU

LYG

MUFG

OMF

PMTS

Benzinga Insights has identified five value stocks in the financial services sector that may be worth watching: Mitsubishi UFJ Finl Gr (MUFG), Lufax Holding (LU), CPI Card (PMTS), OneMain Holdings (OMF), and Lloyds Banking Group (LYG). These companies have low P/E multiples, indicating they may be undervalued. However, the risk of investing in a value stock is that its value may never materialize.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 2:48 pm

BLNK

CHPT

Shares of Blink Charging Co (NASDAQ:BLNK) fell by 7.67% due to disappointing Q2 results from peer EV charging company ChargePoint Holdings Inc (NASDAQ:CHPT). ChargePoint reported a net loss of 24 cents per share, missing the analyst consensus estimate of a loss of 15 cents. Its quarterly sales of $150.49 million were also slightly below the analyst consensus estimate of $153.24 million by 1.79 percent.

Portfolio Pulse from Henry Khederian

September 07, 2023 | 2:40 pm

BLNK

Blink Charging's stock price is falling in sympathy with ChargePoint, which reported worse-than-expected Q2 results.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 2:40 pm

WMT

Walmart has reduced the starting pay for some new hires as part of its efforts to cut labor costs. The changes to its wage structure for hourly workers were implemented in mid-July, according to documents. Despite this, Walmart's shares have moved higher.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 2:39 pm

GROM

Trading of Grom Social Enterprises shares has resumed.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 2:38 pm

PDD

Grizzly Research has issued a short report on PDD Holdings, alleging that the company is fraudulent and its shopping app TEMU is hidden spyware posing a security threat to U.S. national interests. The report claims that TEMU has hidden functions allowing for extensive data exfiltration and has been downloaded over 100 million times in the U.S. and Europe. Grizzly Research also suspects that TEMU is selling stolen data from Western customers. Furthermore, the report criticizes PDD's financials as unreliable and indicates that its China business is rapidly declining.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 2:35 pm