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Stock Prices

AMC

AMC Entertainment is planning a 10-to-1 reverse stock split that will take effect on Thursday. The company's Preferred Equity Units will be converted to common stock the following day. This has led to a decrease in AMC's share price.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 5:52 pm

IQ

iQIYI's shares have dropped following the recent release of the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 5:51 pm

GOOG

GOOGL

Alphabet shares are trading higher as tech and AI-related stocks gain ahead of NVIDIA's earnings report after the close.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 5:48 pm

SPKY

SPY

UVXY

The SPDR S&P 500 (NYSE:SPY) rose about 1% during Wednesday's trading session, ahead of Nvidia Corporation's earnings print and the Jackson Hole Symposium. The SPY had fallen 5.75% between July 17 and Aug. 18 before rebounding over the last four trading days. There's a possibility the market ETF could be settling into a bear flag pattern. If the SPY breaks down from the bear flag pattern, volatility in the stock market is likely to increase. Traders can trade the potential volatility with options like the ConvexityShares Daily 1.5x SPIKES Futures ETF (NYSE:SPKY) and ProShares Ultra VIX Short Term Futures ETF (NYSE:UVXY).

Portfolio Pulse from Melanie Schaffer

August 23, 2023 | 5:48 pm

FOX

FOXA

RUM

A recent CBS/YouGov poll shows former President Donald Trump leading the GOP nomination for the 2024 election, with a 44-point lead over his competition. The poll also revealed that 77% of voters believe Trump's indictments are politically motivated. The first Republican primary debate is set to air on Fox News, a unit of Fox Corporation (NASDAQ:FOX)(NASDAQ:FOXA), and will be streamed on Rumble Inc (NASDAQ:RUM). Trump has announced he will not be participating in the debate.

Portfolio Pulse from Chris Katje

August 23, 2023 | 5:47 pm

ADBE

Adobe shares are trading higher as tech and AI-related stocks gain ahead of NVIDIA's earnings report after the close.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 5:45 pm

NVDA

NVIDIA shares are trading higher in anticipation of the company's upcoming earnings report. The stock has gained attention this year due to increased interest in AI.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 5:42 pm

ABL

ACIC

EHTH

GBLI

KFS

KINS

LMND

MRAI

RELI

SLQT

TIRX

WTM

During Wednesday's intraday session, several insurance stocks experienced significant movement. Gainers included American Coastal (ACIC), Kingstone Companies (KINS), Kingsway Financial Servs (KFS), eHealth (EHTH), Lemonade (LMND), and Abacus Life (ABL). Losers included Tian Ruixiang Holdings (TIRX), Marpai (MRAI), Global Indemnity Group (GBLI), White Mountains Insurance (WTM), SelectQuote (SLQT), and Reliance Global Group (RELI).

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 5:40 pm

BTBT

CIFR

HIVE

MARA

MSTR

RIOT

SDIG

Mining and crypto-related stocks are experiencing a surge due to a rebound in Bitcoin's value.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 5:37 pm

BIDU

DISH

GOOG

GOOGL

LUMN

META

PARA

ROKU

SE

TTD

The article reports on the recent options activity in the Communication Services sector. It mentions 10 US-listed companies: Lumen Technologies (LUMN), Alphabet Inc. (GOOGL and GOOG), Sea Limited (SE), Paratek Pharmaceuticals (PARA), Roku (ROKU), DISH Network (DISH), Meta Platforms (META), The Trade Desk (TTD), and Baidu (BIDU). The article provides details on the type of options traded, the sentiment (bullish, bearish, or neutral), the expiration date, the strike price, the total trade price, the open interest, and the volume of the options.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 5:35 pm