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Stock Prices

SFY

SoFi has approved a 1-for-5 reverse stock split for its SoFi Select 500 ETF, which is expected to impact the ETF's stock price and investor perception.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 8:21 pm

WDAY

Investors are showing a bullish stance on Workday (NASDAQ:WDAY) with significant options trading activity. Benzinga's options scanner detected 13 unusual trades, with 76% being bullish. Analysts have set an average price target of $297.0, with some maintaining a Buy or Overweight rating. Workday's current trading price is $248.29, and the stock may be approaching oversold territory.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 8:17 pm

MAXN

Maxeon Solar Technologies has received a delisting notification from Nasdaq due to non-compliance with the minimum bid price requirement. The company has a 180-day period to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 8:16 pm

BIL

GSY

NEAR

SHV

The Federal Reserve's recent 0.5% interest rate cut may lead investors to shift from money market funds to longer duration bonds. Money market fund assets decreased by $20.02 billion, with government and prime funds seeing significant outflows. ETFs like SHV, NEAR, BIL, and GSY saw slight gains, indicating a potential shift in investor preference.

Portfolio Pulse from Michael Juliano

September 20, 2024 | 8:10 pm

CRWD

Financial giants have shown a bearish sentiment towards CrowdStrike Holdings (NASDAQ:CRWD) with 44 unusual options trades, 45% of which were bearish. The stock is currently trading at $299.64, up 8.03%, with analysts maintaining positive ratings and price targets ranging from $275 to $350.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 8:08 pm

DIS

NKE

SBUX

UA

UBS

Nike has appointed Elliott Hill as its new CEO, continuing the trend of 'Boomerang CEOs' where former executives return to lead companies. This trend is also seen in companies like Disney, Starbucks, Under Armour, and UBS. Nike's stock rose 6.41% following the announcement.

Portfolio Pulse from Michael Juliano

September 20, 2024 | 8:07 pm

EWBC

East West Bancorp (NASDAQ:EWBC) has been analyzed by 11 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target is $94.91, up 6.26% from the previous target. Analysts have adjusted their ratings and price targets, reflecting their views on the company's market position and financial performance.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 8:03 pm

AAPL

GM

The Federal Reserve cut interest rates by 50 basis points, surprising economists and boosting stock and gold prices to record highs. The Fed's pro-growth stance is expected to benefit small-cap stocks, while mortgage demand rises due to lower rates. Apple faces weaker iPhone demand, and GM expands EV charging access.

Portfolio Pulse from Piero Cingari

September 20, 2024 | 8:03 pm

PSX

Phillips 66 (NYSE:PSX) has received 13 analyst ratings in the past three months, with a mix of bullish and bearish perspectives. The average 12-month price target is $152.15, a slight decrease from the previous $155.69. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Phillips 66 is a significant player in the refining industry, with strong financial health indicators such as revenue growth, net margin, ROE, and ROA, and a favorable debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 8:03 pm

HCA

HCA Healthcare (NYSE:HCA) has significantly outperformed the market over the past decade, with an annualized return of 18.9%, surpassing the market by 7.68%. A $100 investment in HCA 10 years ago would now be worth $552.74, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 8:02 pm