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AEY

BLND

FOXO

NA

NEWR

In Monday's pre-market session, several information technology stocks saw significant movement. FOXO Technologies, Nano Labs, New Relic, Castellum, XIAO-I, and Weave Communications were among the gainers, with increases ranging from 7.57% to 102.9%. On the other hand, Blend Labs, Sigma Additive Solutions, Addvantage Technologies, Baijiayun Group, AEye, and Maris Tech experienced decreases ranging from 3.39% to 6.1%.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:06 pm

MYMD

Trading of MyMD Pharmaceuticals, Inc. shares is set to resume at 9:50 a.m. ET.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 1:05 pm

NEWR

New Relic (NYSE:NEWR) has announced a definitive agreement to be acquired by Francisco Partners and TPG for $87.00 per share in cash, valuing the company at approximately $6.5 billion. The purchase price represents a premium of approximately 26% to New Relic's 30-day volume-weighted average closing price and a 30% premium to its last-twelve-months volume-weighted average closing price. Upon completion of the transaction, New Relic will become a private company.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 1:03 pm

BABA

Alibaba Group Holding Limited's stock is trading slightly up amid reports of the unlikelihood of the Ant Group's IPO in the short term. Ant Group recently won approval to buy back up to 7.6% of its equity interest from investors, valuing Alibaba's fintech affiliate at $78.54 billion. In July, China ended its regulatory overhaul on the Alibaba fintech affiliate with a record penalty of $984 million. Ant Group paid the fine for violating consumer protection and corporate governance laws. Jack Ma's holding companies invested $1.5 million in a newly established marine technology firm.

Portfolio Pulse from Anusuya Lahiri

July 31, 2023 | 1:03 pm

BZH

Zelman & Assoc has upgraded Beazer Homes USA (NYSE:BZH) from Hold to Buy.

Portfolio Pulse from richadhand@benzinga.com

July 31, 2023 | 1:01 pm

F

Analysts have provided various ratings for Ford Motor (NYSE:F) within the last quarter, with 6 bullish, 2 somewhat bullish, 5 indifferent, and 1 somewhat bearish. The average price target for Ford Motor over the next 12 months is $15.34, an increase of 10.12% from the previous average price target of $13.93.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:01 pm

BEN

Franklin Resources (NYSE:BEN) has received mostly bearish ratings from analysts in the last quarter, with 4 somewhat bearish, 2 indifferent, and 1 bearish. The average 12-month price target for the company is $24.71, which has increased by 6.1% over the past month.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:01 pm

XPEV

XPeng's stock has been downgraded from Buy to Neutral by UBS, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 1:00 pm

HIG

Hartford Finl Servs Gr (NYSE:HIG) has received four somewhat bullish ratings and one indifferent rating from analysts in the last quarter. The average 12-month price target for the company is $87.6, representing a 6.81% decrease from the previous average price target of $94.00.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 1:00 pm

MYMD

Shares of MyMD Pharmaceuticals have been halted pending news.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 1:00 pm