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HIBB

Hibbett's stock is trading higher following the announcement of improved Q3 earnings per share (EPS) compared to last year and revenue results that exceeded expectations. Additionally, the company has increased its earnings guidance for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:34 pm

VTVT

vTv Therapeutics announced a 1-for-40 reverse stock split, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:32 pm

AMZN

Jeff Bezos is anticipated to sell a significant number of Amazon shares, potentially 8M-10M, which could exceed $1B in value. This move is expected to occur on Tuesday, as reported by CNBC.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:32 pm

VTVT

vTv Therapeutics Inc. implemented a 1-for-40 reverse stock split on November 20, 2023, to regain compliance with Nasdaq's minimum share price requirement. The reverse split affected both Class A and Class B common stock, with fractional shares rounded up. The post-split trading of Class A common stock under the symbol 'VTVT' with a new CUSIP number began on November 21, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:31 pm

DHI

D.R. Horton (NYSE:DHI) has seen significant bearish options activity, with a total of 12 unusual options trades detected by Benzinga's options scanner. All trades are bearish, with 10 puts worth $486,169 and 2 calls worth $57,810. The options suggest a price range of $92.5 to $155.0 for D.R. Horton. The company is a leading homebuilder in the U.S., offering mortgage financing and title agency services. DHI's stock is slightly down by -0.09% at $128.29, with potential overbought RSI readings. The earnings release is expected in 63 days. Analysts have mixed ratings on DHI, with target prices ranging from $116 to $148.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:31 pm

AMAT

Applied Materials (NASDAQ:AMAT) has delivered an average annual return of 9.5% over the past 20 years, outperforming the market by 2.0% annually. A $100 investment in AMAT 20 years ago would be worth $614.07 today. The company's current market capitalization stands at $124.54 billion.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:30 pm

NFLX

Netflix (NASDAQ:NFLX) has significantly outperformed the market with an average annual return of 25.08% over the past decade. An investment of $1000 in NFLX stock 10 years ago would now be worth $9,509.08. The company's current market capitalization stands at $208.27 billion.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 4:30 pm

RCEL

AVITA Medical's stock is trading lower following the company's announcement of reduced revenue guidance for FY23, which falls below analyst estimates.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 4:28 pm

BK

BNY Mellon Corp (NYSE:BK) and Lunate are investing in a new company, Alpheya, to create a wealth management technology platform for the Middle East and North Africa. Alpheya will be based in ADGM with a $300 million capital commitment and is set to start in 2024. BNY Mellon holds a minority share in Alpheya. The company aims to meet the increasing demand for digital wealth management services in the region. BNY Mellon recently reported a Q3 FY23 revenue increase of 2% Y/Y to $4.37 billion, surpassing estimates, with an adjusted EPS of $1.27. BK shares saw a slight increase of 0.21% to $47.22.

Portfolio Pulse from Lekha Gupta

November 21, 2023 | 4:27 pm

A

Agilent Technologies Inc (NYSE: A) stock rose after reporting Q4 revenue of $1.69 billion and EPS of $1.38, surpassing estimates. The company's outlook for Q1 and full-year 2024 revenue and earnings were below estimates. Baird analyst Catherine Schulte maintained an Outperform rating but lowered the price target from $140 to $130. Agilent shares were up 8.67% at $123.86 following the earnings report.

Portfolio Pulse from Adam Eckert

November 21, 2023 | 4:25 pm