Streetbeat News

Stock Prices

EW

Edwards Lifesciences Inc. (NYSE:EW) is currently trading at $91.89, after a 0.82% drop. The stock has fallen by 0.02% over the past month and by 9.44% over the past year. The company's P/E ratio is lower than the aggregate P/E of 154.8 of the Health Care Equipment & Supplies industry, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:30 pm

NFLX

Netflix shares are trading higher in anticipation of the company's earnings report due tomorrow.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 7:30 pm

SNAP

There has been a significant options activity on Snap Inc. (SNAP) with a sweep of 840 calls at a strike price of $13.5 expiring on July 28. The calls were purchased near the ask price of $1.201, compared to an open interest of 2698. The reference price for SNAP was $13.205.

Portfolio Pulse from Charles Gross

July 18, 2023 | 7:27 pm

NKLA

Nikola Corporation's shares are trading higher without any apparent news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 7:25 pm

ABOS

Acumen Pharmaceuticals has announced a $100 million underwritten public offering, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 7:21 pm

ATRO

Astronics Corporation reported preliminary Q2 orders and issued guidance on the upper end of its previous guidance range, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 7:21 pm

OXY

Stephens analyst Mike Scialla has lowered the price target of Occidental Petroleum Corp (NYSE:OXY) to $69 from $72, citing a decline in projected realized natural gas and NGL prices and a higher expected LOE. The Q2 FY23 cash flow per share (CFPS) estimate has been reduced to $2.59, 10% below consensus. The Q2 EBITDA estimate has also been reduced by 13% to $3.22 billion. Morgan Stanley has also reduced OXY's price target to $60 from $63.

Portfolio Pulse from Lekha Gupta

July 18, 2023 | 7:19 pm

UNH

UnitedHealth Group Incorporated (NYSE:UNH) shares are moving higher after Bernstein analyst Lance Wilkes upgraded the stock from Market Perform to Outperform and raised the price target from $595 to $603. The upgrade follows the company's solid Q2 results, with earnings per share 3% higher than expected. Wilkes predicts long term growth for the company due to a shift to government managed care and value based care.

Portfolio Pulse from Ryan Gustafson

July 18, 2023 | 7:16 pm

LULU

A significant bearish stance has been taken on Lululemon Athletica (NASDAQ:LULU) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $270.0 to $390.0 for Lululemon Athletica over the last 3 months. Morgan Stanley, Piper Sandler, and Telsey Advisory Group have given price targets of $424, $450, and $430 respectively.

Portfolio Pulse from Benzinga Insights

July 18, 2023 | 7:15 pm

APA

AR

BTE

CCJ

CIVI

CNQ

CTRA

DVN

EOG

EQT

MRO

MTDR

NE

OVV

SM

Energy stocks are trading higher due to an increase in the price of crude oil as investors await inventory data. Several companies including APA, AR, BTE, CCJ, CIVI, CNQ, CTRA, DVN, EOG, EQT, MRO, MTDR, NE, OVV, SM are mentioned.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2023 | 7:11 pm