Streetbeat News

Stock Prices

ADBE

Adobe's CFO, Daniel Durn, sold a total of 6,500 shares in open market transactions at prices of $515.23 and $515.90 per share on September 17. This insider trading activity may influence investor sentiment regarding Adobe's stock.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:44 pm

CHWY

Chewy, Inc. (NYSE:CHWY) announced a $500M underwritten offering of shares by its largest shareholder, Buddy Chester Sub LLC. Concurrently, Chewy will repurchase $300M of its stock from the selling stockholder at the offering price, separate from its existing repurchase program.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:42 pm

CHWY

Chewy's stock is trading lower following the announcement of a public offering of shares by a selling stockholder and a concurrent share repurchase.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:42 pm

VFS

VinFast Auto Ltd. (NASDAQ:VFS) shares rose after the Federal Reserve cut interest rates by 50 basis points. The company is set to report its second-quarter results, with analysts expecting a loss of 21 cents per share and $460.089 million in revenue. A recent probe by the National Highway Traffic Safety Administration into VinFast's EVs could impact the stock. Analysts have a positive outlook with a 12-month price target of $8.

Portfolio Pulse from Erica Kollmann

September 19, 2024 | 8:39 pm

KOPN

Kopin's stock is trading lower following the announcement of a public offering of common stock and pre-funded warrants, though the size of the offering was not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:34 pm

AMZN

CMCSA

DIS

DKNG

The NFL's Week 3 features two Monday Night Football games on Disney's networks, potentially boosting viewership. DraftKings provides betting odds, with several teams favored. Media companies like Disney, Comcast, and Amazon could benefit from increased NFL viewership.

Portfolio Pulse from Chris Katje

September 19, 2024 | 8:34 pm

LEN

Lennar's shares rose following the release of its Q3 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:32 pm

MS

Recent unusual options activity on Morgan Stanley (NYSE:MS) shows a bearish sentiment among big-money traders, with 50% of trades being bearish. The options activity suggests a price window of $80 to $105 for MS. The stock is currently trading at $100.73, up by 1.44%, but may be approaching overbought levels. An analyst from Goldman Sachs has downgraded MS to Neutral with a price target of $105.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:31 pm

MPC

Deep-pocketed investors are showing a bearish sentiment towards Marathon Petroleum (NYSE:MPC) as revealed by Benzinga's options scanner. The options activity is unusual, with 54% of trades being bearish puts. This suggests potential price movements and significant investor interest in MPC.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:31 pm

CRBP

CURR

GENE

UGRO

XXII

The cannabis sector experienced significant stock movements on September 19, 2024, with notable gains for Urban-gro, 22nd Century Group, Genetic Technologies, and Corbus Pharmaceuticals. Conversely, Currenc Group saw a decline among the listed companies.

Portfolio Pulse from Benzinga Insights

September 19, 2024 | 8:30 pm