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Stock Prices

IMTX

Immatics has announced a $35 million equity investment from Bristol Myers Squibb, leading to a rise in Immatics' share prices.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 12:35 pm

RYAAY

Ryanair Holdings PLC reported Q1 FY24 revenue growth of 40% Y/Y to €3.65 billion and net profit of €663 million, a significant increase from €170 million a year ago. The company's operating costs increased 23% Y/Y to €2.94 billion due to higher fuel costs, staff costs, and increased ATC fees. Ryanair now expects traffic to be around 183.5 million (+9% Y/Y), slower than earlier guidance of 185 million, due to delivery delays. The company's shares are trading down by 3.74% at $103.50 premarket.

Portfolio Pulse from Lekha Gupta

July 24, 2023 | 12:34 pm

TEVA

Alvotech and Teva Pharmaceuticals have agreed to expand their existing strategic partnership agreement. This news has led to an increase in Alvotech's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 12:34 pm

APO

JEF

XLV

On CNBC's 'Halftime Report Final Trades', Shannon Saccocia recommended Health Care Select Sector SPDR Fund (XLV), Jason Snipe recommended Apollo Global Management (APO) after its 500 million euro investment into an Air France KLM affiliate, and Joseph Terranova recommended Jefferies Financial Group (JEF) despite its downbeat quarterly earnings and a slight fall in its share price.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 12:32 pm

SPY

The USA Chicago Fed National Activity for June came in at -0.32, lower than the estimated 0.03 and the prior figure of -0.15.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 12:30 pm

BDX

The FDA has approved Becton Dickinson's (BDX) BD Alaris Infusion System with 510(k) clearance, allowing the company to return to full commercial operations. The clearance covers updated hardware features and a new software version with enhanced cybersecurity. The company expects to begin shipping devices and recognizing revenue in FY24 and does not expect any material incremental revenue contribution for the remainder of FY23. BDX shares are up 6.48% in premarket trading.

Portfolio Pulse from Vandana Singh

July 24, 2023 | 12:28 pm

CEI

VKIN

Camber Energy Inc (AMEX:CEI) shares are trading lower after a surge of more than 50% on Friday due to the approval of a merger with Viking Energy (OTCQB:VKIN). The merger, expected to be completed by August 1, will result in Viking becoming a wholly owned subsidiary of Camber. Camber expects to benefit from several aspects of Viking's business, including its custom energy and power solutions, clean energy and carbon capture system, and proprietary open conductor detection systems.

Portfolio Pulse from Adam Eckert

July 24, 2023 | 12:27 pm

EVLO

NBTX

RGEN

TNDM

ZTS

The article lists five health care stocks that are considered overbought and may collapse in July. These include Nanobiotix S.A. (NBTX), Evelo Biosciences, Inc. (EVLO), Repligen Corporation (RGEN), Tandem Diabetes Care, Inc. (TNDM), and Zoetis Inc. (ZTS). The stocks are considered overbought based on their Relative Strength Index (RSI) values, which are all above 70.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 12:27 pm

SNDX

Syndax Pharma announced positive topline results of its trial of Axatilimab in chronic graft-versus-host disease, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 12:26 pm

ZI

ZoomInfo Technologies' shares are trading lower following a downgrade by RBC Capital from Outperform to Sector Perform. RBC Capital also reduced its price target for the stock from $30 to $28.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 12:26 pm