Streetbeat News

Stock Prices

NOW

ServiceNow (NYSE:NOW) has outperformed the market over the past 10 years by 18.84% on an annualized basis, producing an average annual return of 29.0%. If an investor had bought $1000 of NOW stock 10 years ago, it would be worth $12,401.24 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:30 pm

BLK

BlackRock (NYSE:BLK) has outperformed the market over the past 20 years, producing an average annual return of 14.62%. If an investor had bought $1000 of BLK stock 20 years ago, it would be worth $15,445.88 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:30 pm

ACHV

SCHV

The correct ticker for Achieve Life Sciences is ACHV, not SCHV as previously reported.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 3:29 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) shares are volatile after rising more than 25% over the last week. Barclays analyst Dan Levy maintained an Overweight rating on Rivian and raised the price target from $22 to $30. Rivian was also granted a U.S. Patent for a battery module. The company will report its Q2 financial results on August 8.

Portfolio Pulse from Erica Kollmann

July 11, 2023 | 3:28 pm

QQQ

TQQQ

ProShares UltraPro QQQ (TQQQ) shares are trading higher by 0.4% to $40.04 ahead of Wednesday's June inflation data report. The ETF corresponds to three times the daily performance of the Nasdaq-100 (QQQ) ETF. The June CPI inflation report is anticipated as a significant economic event, with traders awaiting its release for insights into the Fed's future policy decisions. TQQQ has a 52-week high of $42.44 and a 52-week low of $16.10.

Portfolio Pulse from Henry Khederian

July 11, 2023 | 3:27 pm

CMPS

PSIL

Australia has become the first country to allow physicians to prescribe MDMA for PTSD and psilocybin for treatment-resistant depression. In the US, lawmakers are seeking to advance drug policy changes as part of the National Defense Authorization Act (NDAA), including medical cannabis access for military veterans. The American Medical Association (AMA) has published language concerning the recently-approved Current Procedural Terminology (CPT) III codes applying to psychedelic-assisted therapies. COMPASS Pathways secured up to $50 million in a new term loan facility with Hercules Capital. AdvisorShares Psychedelics ETF (NYSE:PSIL) opened Monday, July 10 at $2.03, improving from prior Monday 3’s opening at $1.89.

Portfolio Pulse from Lara Goldstein

July 11, 2023 | 3:25 pm

ALB

A significant bearish stance has been taken on Albemarle (NYSE:ALB) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is 80% bearish and 20% bullish. The targeted price range for Albemarle over the last 3 months is from $220.0 to $250.0. Keybanc has maintained their Overweight rating on Albemarle with a price target of $291, while Citigroup has downgraded its action to Buy with a price target of $260.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 3:24 pm

RGF

Real Good Food Company Inc (NASDAQ:RGF) is expanding its Global Entrees platform into the supermarket chain Publix, with the addition of two new flavors. The company's products can now be found in over 10,000 stores nationwide. RGF shares are trading higher by 0.22% at $4.57.

Portfolio Pulse from Shivani Kumaresan

July 11, 2023 | 3:21 pm

SMG

Truist Securities analyst Bill Chappell has upgraded Scotts Miracle-Gro Co (NYSE:SMG) from Hold to Buy, raising the price target from $65 to $80. Despite a 40% gain year to date, the shares are considered among the most oversold materials stocks. Chappell believes that the company, which has a 60% market share in North America, is poised to benefit from the post-pandemic reversion of the US Consumer segment. He also predicts that 2024 could be the best year ever for the lawn and garden category.

Portfolio Pulse from Priya Nigam

July 11, 2023 | 3:21 pm

PRFX

Shares of PainReform (PRFX) have been halted again on a circuit breaker to the downside, with the stock now down 100.0%.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 3:21 pm