Streetbeat News

Stock Prices

CMG

A significant investor has taken a bullish stance on Chipotle Mexican Grill (NYSE:CMG), with 65% of investors opening trades with bullish expectations. The whales have been targeting a price range from $760.0 to $2300.0 for Chipotle over the last 3 months. The price of CMG is up 1.27% at $2074.85. Several financial firms have maintained their positive ratings on Chipotle, with price targets ranging from $2300 to $2400.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 2:46 pm

COIN

XRPUSD

The U.S. district court ruled that institutional sales of Ripple's (CRYPTO: XRP) token violated securities law, but it's not considered a security when sold through exchanges or programmatic sales. This ruling is seen as a major victory for the crypto industry. However, analysts caution that the rally in crypto-related stocks, including Coinbase (NASDAQ:COIN), which surged over 24% following the ruling, may not be justified.

Portfolio Pulse from Murtuza Merchant

July 14, 2023 | 2:46 pm

BDRX

Shares of Biodexa Pharmaceuticals were halted on a circuit breaker to the downside, but the stock is now up by 49%.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:43 pm

BDRX

Trading of Biodexa Pharmaceuticals shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:42 pm

NETDU

Nabors Energy Transition Corp II units have started trading.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:41 pm

SGMT

Sagimet Biosciences has priced its IPO at $16 per share, with 5.3125 million shares. However, the IPO is indicating $17.50 on 131K shares.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:40 pm

NETD

NETDU

Nabors Energy Transition Corp. II has indicated an initial public offering (IPO) price of $10.10 on 2.6 million shares.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:39 pm

APGE

Apogee Therapeutics has priced its initial public offering (IPO) at $17 per share, with 17.65 million shares being offered. The IPO is currently indicating $22.10 on 321K shares.

Portfolio Pulse from Benzinga Newsdesk

July 14, 2023 | 2:39 pm

INMD

InMode (INMD) has seen a significant increase in call options for January 19 at $47.5, with 1372 contracts bought at the ask price of $4.8, compared to an open interest of 442. The company is set to announce its earnings on July 27 before the market opens.

Portfolio Pulse from Charles Gross

July 14, 2023 | 2:39 pm

HWKN

Hawkins Inc (NASDAQ:HWKN) has acquired EcoTech Enterprises, Inc., a manufacturer of water treatment chemicals. The acquisition, for an undisclosed amount, expands Hawkins' presence in the water treatment business and adds its 40th location. As of April 2, 2023, Hawkins held cash and cash equivalent of $7.5 million and net debt of $104 million. HWKN shares are trading higher by 1.88% at $47.19.

Portfolio Pulse from Lekha Gupta

July 14, 2023 | 2:38 pm