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SIRI

Sirius XM Holdings Inc (NASDAQ:SIRI) shares fell by 6.43% to $6.62 despite no company-specific news. The stock also dropped after multiple firms downgraded their rating following a rally. The company is set to report Q2 results on August 1, with earnings estimates of 7 cents per share and quarterly revenue of $2.24 billion.

Portfolio Pulse from Henry Khederian

July 24, 2023 | 1:58 pm

BBIG

Shares of Vinco Ventures were halted on a circuit breaker due to a significant increase in the stock price. The stock is now up by 33.9%.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:57 pm

BGLC

Shares of BioNexus Gene Lab have been halted on a circuit breaker to the downside, with the stock now down by -1.85%.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:54 pm

IMAX

IMAX Corporation (NYSE:IMAX) recorded a significant $35 million at the global box office from the release of Christopher Nolan's 'Oppenheimer' on 740 screens worldwide, marking one of the company's biggest weekends. In North America, the film opened to $21.1 million, with IMAX accounting for 26.2% of the domestic box office from 411 screens. The company's shares are trading higher by 5.24% at $17.27.

Portfolio Pulse from Nabaparna Bhattacharya

July 24, 2023 | 1:48 pm

AVGO

A significant investor has taken a bearish stance on Broadcom (NASDAQ:AVGO), with 61% of recent trades being bearish and 38% bullish. The total amount for puts is $148,010 and for calls is $638,798. Whales have been targeting a price range from $720.0 to $1070.0 for Broadcom over the last 3 months. The current price of AVGO is up 0.47% at $901.0.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 1:46 pm

CRWD

A significant bearish stance has been taken on CrowdStrike Holdings (NASDAQ:CRWD) as evidenced by unusual options activity. The overall sentiment of these big-money traders is 80% bearish. The whales have been targeting a price range from $142.0 to $160.0 for CrowdStrike Holdings over the last 3 months. The price of CRWD is up 0.39% at $151.49. Needham and JMP Securities have downgraded their actions with price targets of $170 and $235 respectively.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 1:46 pm

SPY

The S&P Global Composite PMI for July came in at 52, lower than the estimated 53.1 and the prior figure of 53.2.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:46 pm

SPY

The S&P Global U.S. Manufacturing PMI for July was reported at 49.0, higher than the expected 46.4 and the prior figure of 46.3. This indicates a slight improvement in the manufacturing sector, although it is still below the 50 mark that separates expansion from contraction.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 1:45 pm

SPY

The S&P Global US Services PMI for July was reported at 52.4, lower than the estimated 54 and the prior figure of 54.4.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:45 pm

AMC

APE

KOSS

TUP

Shares of AMC Entertainment Holdings, Koss Corp, and Tupperware Brands Corp are moving following a court's rejection of AMC's proposed settlement with shareholders. The settlement would have allowed for the conversion of AMC Preferred Equity Units into common shares and included a reverse stock split, diluting AMC shareholders. The rejection of the settlement led to a surge in AMC shares, while APE units slid. Other stocks favored by retail investors, including Koss Corp and Tupperware Brands Corp, also moved alongside AMC.

Portfolio Pulse from Adam Eckert

July 24, 2023 | 1:39 pm