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ASML

A 'whale' investor has taken a bullish stance on ASML Holding (NASDAQ:ASML), with 70% of the investors opening trades with bullish expectations and 30% with bearish. The whale trades have targeted a price range from $360.0 to $740.0 for ASML Holding over the last 3 months. The price of ASML is currently down -0.57% at $659.81, with RSI indicators suggesting the stock is neutral.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 3:17 pm

ABNB

A whale investor has taken a bullish stance on Airbnb (NASDAQ:ABNB), with 50% of investors opening trades with bullish expectations and 50% with bearish. The total amount for puts is $370,730 and for calls is $417,511. Whales have been targeting a price range from $130.0 to $200.0 for Airbnb over the last 3 months. The current price of ABNB is down -0.72% at $141.26. Citigroup, Morgan Stanley, Tigress Financial, and Deutsche Bank have maintained their ratings on Airbnb with price targets of $160, $110, $185, and $105 respectively.

Portfolio Pulse from Benzinga Insights

September 06, 2023 | 3:17 pm

PALI

Palisade Bio Inc (NASDAQ:PALI) shares are trading higher after the company announced a licensing agreement with Giiant Pharma Inc. The license provides Palisade with exclusive worldwide rights to develop, manufacture, and commercialize Giiant's proprietary targeted prodrug platform for the IBD market. The licensed technologies include Giiant's precision delivery technology platform and multiple product candidates. Palisade will pay a portion of the development costs until the first approval of an IND or CTA, after which it will assume all costs.

Portfolio Pulse from Vandana Singh

September 06, 2023 | 3:15 pm

WBD

Warner Bros. Discovery's shares are trading lower following a reduction in its EBITDA outlook due to strikes. Rosenblatt has maintained a Sell rating on the stock.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 3:13 pm

NXGN

Software investment firm Thoma Bravo has agreed to acquire NextGen Healthcare Inc (NXGN) for $23.95 per share in cash. The deal represents a 46.4% premium to the company's unaffected closing stock price on August 22 and a 39.2% premium to the 30-day volume-weighted average price for the period ending September 1. The transaction is expected to close in Q4 2023, after which NextGen Healthcare will become a privately held company.

Portfolio Pulse from Vandana Singh

September 06, 2023 | 3:13 pm

ZS

Zscaler's shares are trading lower following the release of their Q4 results.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 3:11 pm

KIRK

Kirkland's Inc (NASDAQ:KIRK) shares are down by over 8% after reporting weaker-than-expected Q2 FY23 results. Sales of $89.5 million missed the consensus of $91.86 million. Comparable same-store sales decreased by 9.7%, including a 16.6% Y/Y decline in e-commerce sales. The company is making changes to its merchandise assortment and marketing strategy to reconnect with core customers and attract more. The company expects these changes to lead to positive adjusted EBITDA in the back-half of fiscal 2023.

Portfolio Pulse from Lekha Gupta

September 06, 2023 | 3:11 pm

ENPH

Enphase Energy's stock price is expected to decrease after Morgan Stanley lowered its price target from $234 to $159.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 3:10 pm

PALI

Trading of Palisade Bio's shares has resumed.

Portfolio Pulse from Happy Mohamed

September 06, 2023 | 3:08 pm

DIA

IWM

QQQ

SPY

Major indexes are down due to a rise in Treasury yields, increasing oil prices, and weak economic data from China.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 3:08 pm