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ADPT

Adaptive Biotechnologies (NASDAQ:ADPT) has received mixed ratings from analysts in the last quarter, with 2 somewhat bullish and 2 indifferent ratings. The company's average 12-month price target is $12.5, representing a 10.71% decrease from the previous average price target of $14.00.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:00 pm

BTCUSD

Bitcoin's price has risen by 11.74% in the past 24 hours to $34,429.00, continuing its positive trend over the past week with a 20.0% gain. The trading volume for the coin has increased 165.0% over the past week, and the overall circulating supply of the coin has increased 0.36% to over 19.52 million, which makes up an estimated 92.97% of its max supply.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:00 pm

CNK

Analysts have provided various ratings for Cinemark Hldgs (NYSE:CNK) within the last quarter, with 2 bullish, 4 somewhat bullish, and 1 indifferent. The average 12-month price target for Cinemark Hldgs over the past 3 months is $20.71, an increase of 2.27% from the previous average price target of $20.25.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:00 pm

MNR

Mach Natural Resources LP (NYSE:MNR) is set to IPO on October 25 on the NYSE exchange under the ticker MNR. The company is offering shares at an expected price between $19.00 and $21.00 per share with an insider lock-up period of 180 days ending on April 22, 2024. Mach Natural Resources LP is a Delaware limited partnership focused on the acquisition, development, and production of oil, natural gas, and NGL reserves in the Anadarko Basin region.

Portfolio Pulse from Benzinga Insights

October 24, 2023 | 3:00 pm

ACB

CANSF

Aurora Cannabis Inc. (NASDAQ:ACB) (TSX:ACB) and Willow Biosciences Inc. (OTCQB:CANSF) (TSX:WLLW) have resolved their ongoing patent litigation through a confidential settlement. Aurora had accused Willow of infringing on its exclusive rights to patents co-owned by the University of Saskatchewan and the National Research Council. The patents in question were related to the biosynthetic process for synthesizing cannabinoids. Aurora's shares traded 0.8728% higher following the announcement.

Portfolio Pulse from Jelena Martinovic

October 24, 2023 | 2:59 pm

TTWO

Traders are circulating rumors about an announcement for Grand Theft Auto 6 (GTA 6) from Take-Two Interactive Software, Inc. (TTWO).

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:56 pm

PNR

Pentair PLC reported a Q3 FY23 net sales decline of 4% Y/Y to $1.01 billion, beating the consensus of $992.1 million. The company's gross margin expanded to 36.9% from 33.0%. Pentair's Q4 FY23 outlook expects adjusted EPS of $0.82-$0.87, lower than the consensus of $0.92. The company revised its FY23 outlook, expecting adjusted EPS of $3.70-$3.75, up from the prior $3.65-$3.75. Despite the positive report, PNR shares are trading lower by 2.56% at $60.72.

Portfolio Pulse from Lekha Gupta

October 24, 2023 | 2:51 pm

NKLA

Nikola Corp (NASDAQ:NKLA) has been awarded $165 million in arbitration from its founder, Trevor Milton. The award is related to costs and damages from previous actions that led to regulatory investigations and an SEC settlement related to fraud. Nikola is also planning to seek reimbursement for attorney fees. The company is set to report its Q3 financial results on Nov. 2, with an expected loss of 15 cents per share and revenue of $15.024 million. Nikola shares are up 18.4% at $1.13.

Portfolio Pulse from Adam Eckert

October 24, 2023 | 2:51 pm

BTCUSD

HUT

Hut 8 Mining Corp. (NASDAQ:HUT) shares are trading higher after Bitcoin (CRYPTO: BTC) reached $35,000 for the first time since 2022. The company's shares have climbed more than 21% over the last five days due to the rising price of Bitcoin and the potential approval of BlackRock's spot Bitcoin ETF. Hut 8 Mining has one of the highest installed capacity rates in the industry and holds more self-mined bitcoin than any crypto miner or publicly-traded company globally.

Portfolio Pulse from Erica Kollmann

October 24, 2023 | 2:51 pm

NKLA

Nikola Corporation has been awarded $165 million in arbitration from its founder. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 2:50 pm