Streetbeat News

Stock Prices

CMG

A significant investor has taken a bearish stance on Chipotle Mexican Grill (NYSE:CMG), with 53% of recent trades being bearish and 46% bullish. The total amount for put options is $1,346,049 and for call options is $584,602. Whales have been targeting a price range from $1620.0 to $2200.0 for Chipotle over the last 3 months. The current price of CMG is $1872.0, down -0.02%. Several financial institutions have maintained their positive ratings on Chipotle, with price targets ranging from $2200 to $2250.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 5:45 pm

Boeing has announced that it continues to support its customers in China, with over 95% of their current 737 Max fleet in service, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 5:40 pm

FANH

GOCO

HALL

HIPO

HRTG

HUIZ

KINS

RELI

ROOT

SPNT

STC

During Friday's intraday session, insurance stocks saw significant movement. Gainers included Root (NASDAQ:ROOT), Kingstone Companies (NASDAQ:KINS), Hallmark Financial Servs (NASDAQ:HALL), Reliance Global Group (NASDAQ:RELI), Hippo Holdings (NYSE:HIPO), and SiriusPoint (NYSE:SPNT). Losers included Huize Holding (NASDAQ:HUIZ), GoHealth (NASDAQ:GOCO), Heritage Insurance Hldgs (NYSE:HRTG), Fanhua (NASDAQ:FANH), F&G Annuities & Life (NYSE:FG), and Stewart Information Servs (NYSE:STC).

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 5:40 pm

JWN

Nordstrom Inc (NYSE:JWN) beat Q2 earnings estimates but Telsey Advisory Group analyst Dana Telsey lowered the price target to $19 from $21 due to decelerating trends in Q3. Despite the Q2 beat, JWN reiterated its FY23 outlook of revenue decline of 4%-6% Y/Y. Telsey sees sales trends decelerating at the beginning of August across JWN's two banners. Citigroup and UBS also reduced their price targets for JWN.

Portfolio Pulse from Lekha Gupta

August 25, 2023 | 5:37 pm

AXP

BAC

FUTU

HSBC

LPLA

MTB

SCHW

SYF

WFC

The article reports on significant options activity in the financial sector, highlighting trades involving 10 US-listed companies: Bank of America (BAC), HSBC Holdings (HSBC), American Express (AXP), Synchrony Financial (SYF), Futu Holdings (FUTU), M&T Bank (MTB), Wells Fargo (WFC), Charles Schwab (SCHW), LPL Financial Holdings (LPLA), and Blackstone (BX). The trades vary in sentiment from bullish to bearish and neutral, with different expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 5:35 pm

OXM

Telsey Advisory Group analyst Dana Telsey has reiterated a Market Perform rating on Oxford Industries, Inc. (NYSE:OXM) with a price target of $115. Oxford Industries is expected to report 2Q23 results on August 31. The company has emerged from the pandemic leaner and has consistently beaten expectations. Telsey expects a 2Q EPS of $3.42, slightly above the consensus estimate of $3.40. The company's e-commerce business is expected to continue expanding, and its flat wholesale outlook for FY23 is better than many peers. Telsey forecasts total sales growth of 17.2% Y/Y to $426 million.

Portfolio Pulse from Nabaparna Bhattacharya

August 25, 2023 | 5:35 pm

BKNG

CAVA

FND

RIVN

SNBR

TSLA

VFC

XPEV

Benzinga's options activity scanner has identified significant trading activity in the options of 10 consumer discretionary stocks. The stocks include Tesla (TSLA), V.F. Corp (VFC), XPeng (XPEV), Sleep Number (SNBR), Floor & Decor Holdings (FND), Ford (F), Rivian (RIVN), Booking Holdings (BKNG), Wayfair (W), and Cava Group (CAVA). The options activity ranges from neutral to bullish and bearish sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 5:35 pm

AAPL

AMD

DOCN

FSLR

INTC

MSFT

NVDA

ORCL

PLTR

SNOW

The article reports on the options activity of 10 Information Technology stocks, including NVDA, AAPL, FSLR, INTC, ORCL, SNOW, PLTR, AMD, DOCN, and MSFT. The options activity is tracked by Benzinga's options activity scanner, which monitors the transactions of entities with large sums of money, known as whales. The article provides detailed information on the type of options activity (put or call), the sentiment (bullish or bearish), the expiration date, the strike price, the total trade price, the open interest, and the volume for each stock.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 5:35 pm

ACAX

JWN

The article lists the stocks that gained and lost the most in Friday's mid-day session. Notable gainers include Alset Capital Acquisition Corp., YS Biopharma Co., Ltd., and Crown ElectroKinetics Corp. On the other hand, Domo, Inc., Prime Number Acquisition I Corp., and Allego N.V. were among the biggest losers. Nordstrom, Inc. also fell by 9.5% following its Q2 results where total company net sales declined 8.3% YoY.

Portfolio Pulse from Lisa Levin

August 25, 2023 | 5:33 pm

BODY

COE

DBGI

GNS

HIBB

KAVL

PRPL

SPGC

TRNR

WAFU

XELB

During Friday's intraday session, several consumer discretionary stocks experienced significant movement. Hibbett (HIBB), Sacks Parente Golf (SPGC), Genius Gr (GNS), Beachbody Co (BODY), 51 Talk Online Education (COE), and Purple Innovation (PRPL) saw gains, while Digital Brands Group (DBGI), Kaival Brands Innovations (KAVL), Boqii Holding (BQ), Wah Fu Education Group (WAFU), Interactive Strength (TRNR), and Xcel Brands (XELB) experienced losses.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 5:31 pm