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Stock Prices

IP

PKG

Shares of Packaging Corporation of America (PKG) and International Paper (IP) are trading higher following an announcement by Cascades of a containerboard price increase.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 7:58 pm

APO

Apollo Global Management's shares rose following the announcement that BP will sell its $1 billion stake in the Trans Adriatic Pipeline to Apollo.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 7:55 pm

RVNC

Revance Therapeutics shares are trading lower after Crown Laboratories failed to start a tender offer by the September 13, 2024 deadline. Crown Labs had agreed to acquire Revance for $6.66 per share in cash, with the deadline already extended from August 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 7:54 pm

FROG

JFrog shares experienced a surge in trading volume due to unconfirmed rumors of a takeover approach, as suggested by blog comments. This has led to increased market interest and speculation.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 7:49 pm

DJT

Trump Media & Technology Group (NASDAQ:DJT) has experienced significant stock volatility, with a 51.21% drop over six months and 24.72% in the last month. The stock's instability is exacerbated by an assassination attempt on Donald Trump, who holds a majority stake. Technical indicators show bearish trends, and the upcoming lock-up period expiration could lead to further selling pressure. Additionally, the company reported a 30% drop in Q2 revenue, adding to its challenges.

Portfolio Pulse from Surbhi Jain

September 16, 2024 | 7:48 pm

SDA

SunCar Technology Group's shares are trading lower following the announcement of their H1 financial results.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 7:47 pm

XOM

Deep-pocketed investors are showing a bearish sentiment towards Exxon Mobil (NYSE:XOM) in the options market, with 52% of notable options activities being bearish. The trading volume and open interest suggest a focus on a price range of $95 to $130. Analysts have mixed ratings, with price targets ranging from $130 to $157.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 7:45 pm

SHOP

Recent options activity for Shopify (NYSE:SHOP) shows a bullish sentiment among investors, with 60% of trades being bullish. The stock is currently trading at $73.56, with analysts providing mixed ratings and target prices ranging from $67 to $90.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 7:45 pm

OXY

Occidental Petroleum (NYSE:OXY) has seen significant bullish options activity, with 68% of trades being call options. This suggests investor optimism about the stock's future. Analysts have set an average price target of $73.33, with current stock price at $51.18. The next earnings report is expected in 50 days.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 7:45 pm

BTCUSD

GLD

Economist Peter Schiff criticizes Bitcoin, predicting a significant drop in its value as gold and silver prices rise. He argues that Bitcoin is not 'digital gold' or 'digital silver' and highlights the underperformance of Bitcoin ETFs compared to gold ETFs. Schiff's comments fuel the debate on the viability of digital currencies.

Portfolio Pulse from Khyathi Dalal

September 16, 2024 | 7:44 pm