Streetbeat News

Stock Prices

SVV

Savers Value Village (SVV) IPO is indicating a price range of $24-$26 per share, which is significantly higher than the initial IPO price of $18 per share for approximately 22.3 million shares.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 2:51 pm

FREY

Shares of Freyr Battery SA (NYSE:FREY) rose in premarket trading following an upgrade from Morgan Stanley analyst Adam Jonas. Jonas upgraded the rating from Equal-Weight to Overweight, maintaining a price target of $13. He anticipates the company will make 'meaningful progress on commercial milestones', which could unlock funding events. Jonas also noted that more than 10 strategic and industrial partners are currently evaluating the investment opportunity.

Portfolio Pulse from Priya Nigam

June 29, 2023 | 2:50 pm

AAPL

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo discusses the trade strategy for SPY, QQQ, AAPL, NVDA, TSLA, MSFT, and U. The memo provides key support levels and potential targets for each stock, based on a proprietary formula that takes into account price, volume, and options flow. The memo also mentions the impact of Federal Reserve Chair Powell's Sintra panel discussion and the stronger-than-expected GDP data and unemployment claims.

Portfolio Pulse from RIPS

June 29, 2023 | 2:48 pm

GLOP

KOS

LBRT

PNRG

The article identifies PrimeEnergy Resources (PNRG), SM Energy (SM), Kosmos Energy (KOS), Liberty Energy (LBRT), and GasLog Partners (GLOP) as notable value stocks in the energy sector. It provides their P/E ratios and recent changes in earnings per share and dividend yields. The article also notes that value stocks may take time to rebound from their undervalued positions.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:48 pm

ABBV

IMNM

Immunome Inc and Morphimmune have announced a merger agreement in an all-stock transaction. The combined company will operate as Immunome and retain the same ticker symbol. A private placement investment of $125 million has also been announced, with participation from several institutional investors. The investment will be used to develop lead assets in the combined pipeline and general working capital. The merger and private placement are expected to close by the end of Q4 2023. Immunome shares are up 36.90% at $8.08 on the last check Thursday.

Portfolio Pulse from Vandana Singh

June 29, 2023 | 2:48 pm

CNQ

A 'death cross' has formed on the chart of Canadian Natural Res (NYSE:CNQ), which could indicate a bearish trend for the stock. This occurs when the 50-day moving average moves below the 200-day moving average. The company's stock is currently trading around $55.35. Seasoned investors may use this as a signal to start considering possible short positions.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:47 pm

NICE

A 'death cross' has formed on the chart of NICE (NASDAQ:NICE), which could indicate a bearish trend for the stock. This occurs when the 50-day moving average moves below the 200-day moving average. NICE is currently trading around $204.86. Seasoned investors use this as a signal to start considering possible short positions. NICE's past and upcoming earnings expectations are also provided.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:47 pm

HSIC

A 'death cross' has formed on the chart of Henry Schein (NASDAQ:HSIC), which could indicate a bearish trend for the stock. The death cross occurs when the 50-day moving average moves below the 200-day moving average, suggesting a potential change in the long-term trend. The company's stock is currently trading around $80.46. Seasoned investors often use this as a signal to start considering possible short positions.

Portfolio Pulse from Benzinga Insights

June 29, 2023 | 2:47 pm

KGS

Kodiak Gas Services (KGS) has indicated its Initial Public Offering (IPO) price to be between $16-$16.50 per share. The IPO was priced at $16 per share on 16 million shares.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 2:46 pm

FIHL

Fidelis Insurance Holdings' IPO is indicating a price range of $13.50-$14.50 per share, which is lower than the initially priced range of $16-$19 per share on 17 million shares.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 2:45 pm