Streetbeat News

Stock Prices

OXY

A significant amount of unusual options activity has been observed for Occidental Petroleum (NYSE:OXY), with a bearish stance being taken by a majority of investors. The price range targeted by these investors over the last 3 months is between $23.0 and $67.5. The current price of OXY is up 3.08% at $62.61. Analysts have mixed opinions, with ratings ranging from 'Overweight' to 'Neutral' and price targets between $60 and $75.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:46 pm

AVTBF

DBCCF

HITI

ROMJF

The article discusses the valuation and credit of eighteen U.S. and Canadian cannabis companies with market caps between $20M and $100M. Five of the top-ranked companies by credit quality are Canadian. Avant Brands (OTC:AVTBF), Rubicon Organics (OTC:ROMJF), High Tide (NASDAQ:HITI), and Decibel Cannabis (OTC:DBCCF) are highlighted for their credit quality, liquidity, and leverage. The article suggests that these companies may be good investment opportunities.

Portfolio Pulse from Viridian Capital Advisors

July 24, 2023 | 4:44 pm

AMC

APLD

APPH

KOD

TUP

XXII

US stocks traded higher with the S&P 500 gaining around 0.5%. Energy shares climbed by 2% while health care shares fell by 0.2%. Tupperware Brands Corporation (TUP), AMC Entertainment Holdings (AMC), and Applied Digital Corporation (APLD) saw significant gains. AppHarvest (APPH), Kodiak Sciences Inc. (KOD), and 22nd Century Group (XXII) experienced significant losses. The S&P Global composite PMI fell to 52.0 in July from 53.2 the prior month.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 4:43 pm

HBAN

Shares of Huntington Bancshares Incorporated are trading higher after Raymond James and Stephens & Co raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 4:36 pm

BJDX

Shares of Bluejay Diagnostics (BJDX) were halted on a circuit breaker to the upside, with the stock now up by 50.6%.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 4:31 pm

PDD

A significant bearish stance has been taken on PDD Holdings (NASDAQ:PDD) by a large investor, as noticed by Benzinga's options scanner. The scanner spotted 31 uncommon options trades for PDD Holdings, with a split sentiment of 45% bullish and 54% bearish. The whales have been targeting a price range from $45.0 to $100.0 for PDD Holdings over the last 3 months. The price of PDD is currently up 4.67% at $79.52.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:31 pm

A significant bearish stance has been taken on Home Depot (NYSE:HD) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $200.0 to $345.0 for Home Depot over the last 3 months. Truist Securities has maintained their Buy rating on Home Depot, with a price target of $348.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:31 pm

WFC

A significant amount of unusual options activity has been detected for Wells Fargo (NYSE:WFC), with a bearish stance being taken by a whale investor. Of the 29 strange trades detected, 48% were bullish and 51% were bearish. The total amount for puts was $699,057 and for calls was $1,116,964. The targeted price range for Wells Fargo over the last 3 months has been from $35.0 to $52.5. The current price of WFC is up 1.68% at $46.73.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 4:30 pm

ABVC

ABVC BioPharma, Inc. (NASDAQ:ABVC) has announced a 1-for-10 reverse stock split to regain compliance with Nasdaq's listing rules. The reverse stock split will be effective as of July 25, 2023. The company's board of directors approved the reverse stock split ratio of 10 to 1, aiming to decrease the total number of shares of common stock outstanding and increase the market price of the common stock. The company's common stock will continue trading under the ticker symbol 'ABVC'.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 4:30 pm

AMZN

FDX

UPS

UPS drivers and supporters rallied across the U.S. over the weekend, ahead of a potential strike starting next week. The Brotherhood of Teamsters Union, which has a contract with UPS that expires July 31, is seeking improved wages and working conditions. If the strike happens, it could halt a quarter of the country's goods deliveries. UPS has agreed to some demands, but disagreements over wages and contracts persist. The stock of UPS, FedEx, and Amazon could be affected.

Portfolio Pulse from Aaron Bry

July 24, 2023 | 4:30 pm