Streetbeat News

Stock Prices

AFRM

Piper Sandler has downgraded Affirm Holdings stock from Neutral to Underweight, leading to a decrease in the stock's trading value.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:13 am

SOHO

Sotherly Hotels has reported its same-store portfolio metrics, indicating year-over-year gains driven by urban markets. The company's stock symbol is SOHO.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:11 am

ALLR

Allarity Therapeutics has priced its public offering of 2.44 million shares and common warrants to purchase up to 2.44 million shares at a combined price of $4.50, aiming to raise gross proceeds of approximately $11 million.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 10:02 am

KDP

Morgan Stanley analyst Dara Mohsenian has upgraded Keurig Dr Pepper (NASDAQ:KDP) from Equal-Weight to Overweight.

Portfolio Pulse from richadhand@benzinga.com

July 06, 2023 | 10:02 am

AAPL

INTC

META

NVDA

The S&P 500 settled lower following the release of the U.S. Federal Reserve's recent meeting minutes. U.S. factory orders rose less than expected, and the Philadelphia SE Semiconductor Index fell, with Intel Corporation shares losing over 3%. Meta Platforms shares gained in anticipation of the launch of its Threads platform. The Nasdaq 100 slipped slightly, with minor declines in shares of Apple Inc and NVIDIA Corp. The CBOE Volatility Index rose 3.5%.

Portfolio Pulse from Lisa Levin

July 06, 2023 | 9:58 am

PERI

Perion Network reported preliminary results for Q2 of 2023 that exceeded street expectations, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 9:48 am

MULN

Mullen Automotive has hired a law group to investigate potential naked short selling of its shares. This news has led to an increase in the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 9:42 am

META

Meta Platforms Inc. (NASDAQ:META) has unveiled its decentralized social media platform, Threads, which has already attracted over 7.5 million users. CEO Mark Zuckerberg has been actively engaging with users and taunting Elon Musk, who purchased Twitter for $44 billion last year. Despite the rivalry, it remains uncertain whether Threads can surpass Twitter's long-term popularity.

Portfolio Pulse from Ananya Gairola

July 06, 2023 | 9:42 am

HSTO

Histogen has decided to pause further development of its programs and commence exploring strategic alternatives. This decision has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 06, 2023 | 9:39 am

SUM

JP Morgan analyst Adrian Heurta has downgraded Summit Materials (NYSE:SUM) from Neutral to Underweight, while raising the price target from $32 to $37.

Portfolio Pulse from richadhand@benzinga.com

July 06, 2023 | 9:32 am