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Stock Prices

ABR

Arbor Realty Trust's stock has been downgraded from Overweight to Underweight by Piper Sandler, leading to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 4:35 pm

YELL

Yellow Corporation is reportedly preparing for bankruptcy and has ceased operations, according to Teamsters. This news has led to a rise in the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 4:34 pm

MDVL

MedAvail Holdings, Inc. (NASDAQ:MDVL) has announced a 1-for-50 reverse stock split of its outstanding shares of common stock, effective from July 31, 2023. The move is part of the company's plan to regain compliance with the Minimum Bid Price Requirement of $1.00 per share for continued listing on The Nasdaq Capital Market. The reverse stock split will reduce the number of the company's outstanding common stock from approximately 81 million shares to approximately 1.6 million shares.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 4:31 pm

DASH

A significant bearish stance has been taken on DoorDash (NYSE:DASH) by a large investor, as observed in the unusual options activity. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $80.0 to $120.0 for DoorDash over the last 3 months. Jefferies has maintained their Underperform rating on DoorDash with a price target of $65, while JMP Securities downgraded its action to Market Outperform with a price target of $100.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 4:30 pm

LI

A significant investor has taken a bearish stance on Li Auto (NASDAQ:LI), with 54% of the investors opening trades with bearish expectations. The whales have been targeting a price range from $35.0 to $55.0 for Li Auto over the last 3 months. The price of LI is currently down -0.51% at $42.5. RSI indicators suggest that the stock may be overbought. The next earnings are expected to be released in 8 days.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 4:30 pm

TXN

Texas Instruments (NASDAQ:TXN) has outperformed the market over the past 20 years by 4.12% on an annualized basis, producing an average annual return of 12.12%. If an investor had bought $100 of TXN stock 20 years ago, it would be worth $983.29 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 4:30 pm

HSY

Hershey (NYSE:HSY) has outperformed the market over the past 15 years by 4.03% on an annualized basis, producing an average annual return of 12.86%. If an investor had bought $1000 of HSY stock 15 years ago, it would be worth $6,262.07 today.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 4:30 pm

MRNA

Steve Weiss, a frequent guest on CNBC, announced that he has sold his shares in Moderna (MRNA).

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 4:29 pm

JNJ

A US judge has rejected Johnson & Johnson's (JNJ) second attempt to address talc-related lawsuits through bankruptcy, putting a proposed $8.9 billion settlement at risk. The judge ruled that J&J's subsidiary, LTL Management, did not demonstrate immediate financial distress due to the lawsuits. JNJ shares are down 3.87% at $167.71.

Portfolio Pulse from Vandana Singh

July 31, 2023 | 4:27 pm

ONCY

Oncolytis Biotech has entered into an agreement with Leede Jones Gable to purchase 6.667 million units for gross proceeds of $15 million. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 4:27 pm