Streetbeat News

Stock Prices

MDB

A significant amount of unusual options activity has been observed for MongoDB (NASDAQ:MDB), with a majority of investors taking a bullish stance. Whales have been targeting a price range from $250.0 to $440.0 for MongoDB over the last 3 months. The price of MDB is currently up 1.27% at $431.44. Several experts have downgraded their ratings on MongoDB, with price targets ranging from $396 to $430.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:16 pm

AAPL

Apple Inc's shares remained under pressure despite gaining market share in Q2. BofA Securities anticipates lower iPhone sales due to weak demand and potential delay in the launch of iPhone 15A. Analyst Wamsi Mohan maintains a Neutral rating but raises the price objective from $190 to $210 based on 2024 earnings projections. BofA models Apple's Q3 revenues at $80.7 billion, a 3% YoY decline.

Portfolio Pulse from Priya Nigam

July 19, 2023 | 3:16 pm

ADMA

ADMA Biologics has received approval from the U.S. Food and Drug Administration for its ADMA BioCenters plasma collection facility, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 3:15 pm

MGTX

MeiraGTx has received a Commercial Manufacturer's/Importer's Authorization for its Quality Control testing facility at its GMP manufacturing site. This has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 3:15 pm

WEAT

Shares of Teucrium Wheat Fund ETV (WEAT) spiked after the Russian Defense Ministry announced it will consider all ships traveling to Ukrainian ports on the Black Sea as potential carriers of military cargoes from 20 July. This could potentially disrupt wheat exports from the region, impacting global wheat prices.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 3:15 pm

ALLY

Ally Financial Inc reported Q2 adjusted revenues of $2.066 billion, missing the consensus of $2.090 billion. However, adjusted EPS of $0.96 beat the consensus of $0.92. Deposits increased to $154.3 billion from $140 billion a year ago. The company now expects a net interest margin of 3.4% in 2023. ALLY shares are trading higher by 3.25% at $29.06.

Portfolio Pulse from Lekha Gupta

July 19, 2023 | 3:07 pm

LSI

Life Storage (NYSE:LSI) has been showing strong performance with increasing profits and a steady rise in dividends. The company's dividend per share rose from $2.67 in 2019 to $4.16 in 2022, and its earnings per share increased from $3.71 in 2019 to $6.23 in 2022. The next dividend payout of $0.90 per share is expected on July 19, 2023, for shareholders who held the stock before the ex-dividend date on July 12, 2023.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:05 pm

EXR

Extra Space Storage (NYSE:EXR) has announced a dividend payout of $1.01 per share, reflecting an annualized dividend yield of 2.71%. The company has shown a steady increase in its dividend per share from $3.56 in 2019 to $6.00 in 2022, and its earnings per share have also increased from $4.84 in 2019 to $8.26 in 2022. This suggests a healthy financial status and potential for higher cash dividend payouts in the future.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:05 pm

ET

Tennessee Representative Mark Green reported a sale of Energy Transfer (NYSE:ET) stock on July 18, 2023, valued between $100,001 - $250,000. Congressional transactions are required to be disclosed and can be a factor for investors to consider, although they should not be the primary basis for investment decisions. Energy Transfer shares were trading up 0.42% at $13.16 at the time of the report.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:05 pm

SPIKE

TJUL

Innovator Capital Management has launched a new 'buffer' ETF, the Innovator Equity Defined Protection ETF (NYSE:TJUL), which offers 100% downside protection by limiting losses. The fund tracks S&P 500 returns over a two-year outcome period with an upside cap of 16.62%. The ETF uses options to mirror the performance of an index, rather than holding tangible stocks or bonds. Additionally, traders can use MIAX’s SPIKES Volatility products, traded on SPIKES Volatility Index (XMIO: SPIKE), to trade the volatility in the stock market.

Portfolio Pulse from Melanie Schaffer

July 19, 2023 | 3:04 pm