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NFLX

Netflix shares are experiencing a downturn due to rumors of cautious data points.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 3:00 pm

MKRUSD

Maker's (CRYPTO: MKR) price has risen 4.0% to $1,066.57 in the past 24 hours, despite a negative trend over the past week where it experienced a 4.0% loss. The trading volume for the coin has fallen 42.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.28%. The current market cap ranking for MKR is #43 at $965.33 million.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 3:00 pm

SYTA

Siyata Mobile has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2), according to a notice from Nasdaq.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 2:53 pm

AMC

APE

AMC Entertainment Holdings, Inc. (NYSE:AMC) shares are trading lower after the company began trading on a 10-to-1 reverse split basis. In addition, AMC Preferred Equity Units (NYSE:APE) will be converted to AMC common on Friday, increasing the number of AMC shares from approximately 542.2 million to 550 million. The stock is experiencing heavy trading volume, with more than 10.57 million shares traded compared to the 100-day average of 3.539 million shares.

Portfolio Pulse from Erica Kollmann

August 24, 2023 | 2:50 pm

BCH

CFG

FBP

OVBC

STT

The article lists five value stocks in the financial services sector: First BanCorp (FBP), Citizens Financial Group (CFG), Banco De Chile (BCH), Ohio Valley Banc (OVBC), and State Street (STT). The companies' P/E ratios and recent earnings per share are provided. The article also notes that value stocks may take time to rebound from their undervalued positions.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 2:48 pm

RETO

Shares of ReTo Eco-Solutions (RETO) have resumed trading but were halted again due to a circuit breaker triggered by a 32.2% drop in the stock price.

Portfolio Pulse from Happy Mohamed

August 24, 2023 | 2:45 pm

SNOW

Snowflake's shares are experiencing increased volatility following the release of the company's Q2 financial results. The stock initially surged but has since sold off.

Portfolio Pulse from Benzinga Newsdesk

August 24, 2023 | 2:44 pm

WING

Wingstop Inc has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC to repurchase $125.0 million of Wingstop common stock. The agreement is part of Wingstop's previously announced $250.0 million share repurchase program. After completion, $125.0 million will remain available under the program. The company is funding the repurchase with cash on hand and will receive an initial share delivery of approximately 567,000 shares. The final settlement is scheduled to occur no later than the end of fiscal year 2023.

Portfolio Pulse from Shivani Kumaresan

August 24, 2023 | 2:44 pm

SNOW

Despite reporting better-than-expected results for its fiscal second quarter, shares of Snowflake Inc (NYSE:SNOW) declined in early trading on Thursday. Analysts from Piper Sandler, Mizuho Securities, Morgan Stanley, Goldman Sachs, and Needham provided their insights on the earnings release, with most maintaining a positive outlook on the company's future growth. However, the company's stock price declined by 2.22% to $152.25 at the time of publication.

Portfolio Pulse from Priya Nigam

August 24, 2023 | 2:43 pm

EPM

ESTE

HPK

MUR

NRT

Benzinga Insights has identified five value stocks in the energy sector that may be worth watching: North European Oil (NRT), Evolution Petroleum (EPM), Earthstone Energy (ESTE), HighPeak Energy (HPK), and Murphy Oil (MUR). The selection is based on low P/E multiples, indicating potential undervaluation. However, all companies experienced changes in their earnings per share and dividend yields in the recent quarters.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 2:39 pm