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Stock Prices

GLMD

Galmed Pharmaceuticals shares were halted due to a circuit breaker as the stock surged by 189.4%.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 3:36 pm

DOGEUSD

Dogecoin has remained flat over the past month despite Elon Musk's mentions. Analysts highlight a key resistance level at $0.11, with significant holdings at this price point. While some traders predict a breakout, others foresee a stagnant period before potential growth in 2025. Recent data shows an increase in large transactions but a decrease in daily active addresses.

Portfolio Pulse from Khyathi Dalal

September 17, 2024 | 3:33 pm

SPY

USO

Lebanon's Health Minister reported that 2,750 people were wounded due to detonations across the country. The incident has raised concerns about regional stability and potential impacts on global markets.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 3:32 pm

NTLA

Intellia Therapeutics will present Phase 2 data of NTLA-2002 for hereditary angioedema at the 2024 ACAAI Annual Meeting. The study met all primary and secondary endpoints. An investor webcast is scheduled for October 28.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 3:31 pm

COWZ

DIVB

DXJ

FXU

ICF

IYK

JAAA

SCHD

TLT

VTV

XLP

XLRE

XLU

As the Federal Reserve shifts to a more accommodative monetary policy, analysts recommend ETFs in utilities, real estate, consumer staples, and more. BofA suggests focusing on defensive sectors and quality yield opportunities, with specific ETF recommendations across various asset classes.

Portfolio Pulse from Piero Cingari

September 17, 2024 | 3:29 pm

LIVN

LivaNova shares rose following an upgrade by Baird from Neutral to Outperform, with a price target increase from $55 to $66.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 3:26 pm

BFI

BurgerFi International Inc. (NASDAQ:BFI) shares surged after securing $3.5 million in interim court-approved financing to support its Chapter 11 restructuring. The funding, from TREW Capital Management, ensures continued operations at its 144 locations. The company plans a sale process and leadership changes as part of its restructuring efforts.

Portfolio Pulse from Vaishali Prayag

September 17, 2024 | 3:25 pm

BAC

FTXO

KBWB

Bank of America has appointed Jim Rourke and Michael Liu to lead a new initiative integrating investment banking and wealth management, aiming for asset growth and M&A opportunities. BAC shares rose 0.30% following the announcement.

Portfolio Pulse from Lekha Gupta

September 17, 2024 | 3:18 pm

DNA

GOOG

Ginkgo Bioworks shares surged after announcing a new protein large language model built on Google Cloud, aimed at aiding pharmaceutical and biotech companies in drug development. The model and API are now publicly available, with plans for further expansion.

Portfolio Pulse from Adam Eckert

September 17, 2024 | 3:17 pm

GM

The options market shows a bearish sentiment towards General Motors (GM), with 45% of trades being bearish. The stock is currently priced at $47.88, up 2.15%, but analysts have mixed ratings with a consensus target of $43.0. Wells Fargo maintains an Underweight rating with a $33 target, while Deutsche Bank downgraded to Hold with a $53 target.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 3:16 pm