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Stock Prices

ELOX

Shares of Eloxx Pharmaceuticals have been halted on a circuit breaker to the upside, with the stock now up 132.7%.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 2:45 pm

PRFX

Shares of PainReform (PRFX) were halted on a circuit breaker due to a significant increase in the stock price. The stock is now up by 38.8%.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 2:44 pm

USB

Shares of US Bancorp (NYSE:USB) continued to rise despite concerns following the Federal Reserve's latest stress test report for the banking sector. BofA Securities analyst Ebrahim Poonawala upgraded US Bancorp from Neutral to Buy and raised the price target from $38 to $40, citing the company's potential for superior earnings growth and its strong position in the US banking industry.

Portfolio Pulse from Priya Nigam

July 11, 2023 | 2:43 pm

AFRM

AIRS

ETSY

NWL

ROKU

SSTK

WDFC

Several US stocks traded higher on Tuesday, with notable gains for Hesai Group, Intchains Group Limited, Redfin Corporation, WD-40 Company, Tandem Diabetes Care, Shutterstock, Newell Brands, Roku, AirSculpt Technologies, CareDx, Mesoblast Limited, Zillow Group, GrafTech International, Affirm Holdings, Etsy, The Scotts Miracle-Gro Company, and HP Inc. Notable events include WD-40's Q3 results exceeding expectations, Shutterstock's partnership expansion with OpenAI, Newell Brands receiving a Buy rating from Canaccord Genuity, Roku's partnership with Shopify, AirSculpt Technologies' above-consensus Q2 revenues, and Affirm Holdings and Etsy receiving price target increases.

Portfolio Pulse from Lisa Levin

July 11, 2023 | 2:40 pm

SSTK

Shutterstock Inc (NYSE:SSTK) shares surged over 9% following the announcement of an expanded partnership with OpenAI. The six-year deal gives Shutterstock priority access to OpenAI's latest technology and allows it to integrate DALL·E's text-to-image capabilities into its platform. OpenAI also secured licensed access to additional Shutterstock training data. The companies aim to bring generative AI capabilities to mobile users via Shutterstock's newly acquired GIPHY platform.

Portfolio Pulse from Lekha Gupta

July 11, 2023 | 2:36 pm

RIVN

Rivian Automotive, Inc (NASDAQ:RIVN) opened over 2% lower on Tuesday after a significant rise over the last month. The company's relative strength index (RSI) reached 86% on Monday, indicating a potential retracement to the downside. The stock's consolidation on Tuesday was taking shape in the form of an inside bar pattern, with the price action taking place within Monday’s trading range. The stock’s parabolic move higher caused it to regain the 20-day simple moving average (SMA) as support, which has thrown Rivian into a bull cycle.

Portfolio Pulse from Melanie Schaffer

July 11, 2023 | 2:34 pm

AVGO

A significant bearish stance has been taken on Broadcom (NASDAQ:AVGO) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 32% bullish and 67% bearish. The whales have been targeting a price range from $370.0 to $1000.0 for Broadcom over the last 3 months. The price of AVGO is currently down -0.65% at $872.0. Mizuho has downgraded its action to Buy with a price target of $840.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 2:30 pm

AJG

Arthur J. Gallagher (NYSE:AJG) has outperformed the market over the past 5 years by 15.99% on an annualized basis, producing an average annual return of 25.48%. If an investor had bought $1000 of AJG stock 5 years ago, it would be worth $3,137.80 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 2:30 pm

MCHP

Microchip Technology (NASDAQ:MCHP) has outperformed the market over the past 10 years, producing an average annual return of 16.14%. If an investor had bought $100 of MCHP stock 10 years ago, it would be worth $449.17 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 2:30 pm

TTD

Investor Business Daily SwingTrader has reportedly purchased stock in The Trade Desk (TTD).

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 2:24 pm