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LTCUSD

Litecoin's price has decreased by 3.15% over the past 24 hours to $85.86, contrary to its performance over the past week where it experienced an up-trend of 1.0%. The trading volume for the coin has decreased by 35.0% over the past week, while the overall circulating supply of the coin has decreased by 0.09% to over 73.25 million. The current market cap ranking for LTC is #12 at $6.28 billion.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:00 pm

FIHL

Fidelis Insurance Holdings Limited (NYSE:FIHL) is set to IPO on June 29, with shares expected to be priced between $16.00 and $19.00. The company has an insider lock-up period of 180 days ending on December 26, 2023. Fidelis is a global (re)insurance company with operations in Bermuda, Ireland, and the United Kingdom.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:00 pm

KGS

Kodiak Gas Services, Inc (NYSE:KGS) is set to IPO on June 29, with shares expected to be priced between $19.00 and $22.00. The company operates contract compression infrastructure in the U.S., which is critical for the production of natural gas and oil.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:00 pm

SVV

S-Evergreen Holding LLC (NYSE:SVV) is set to IPO on June 29 on the NYSE exchange under the ticker SVV. The company is offering shares at an expected price between $15.00 and $17.00 per share with an insider lock-up period of 180 days ending on December 26, 2023. S-Evergreen is the largest for-profit thrift operator in the United States and Canada.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 3:00 pm

ALZN

Alzamend Neuro's CEO, Stephan Jackman, is currently being interviewed on Benzinga's Live YouTube TV. The company's stock, ALZN, may be discussed during the interview.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2023 | 3:00 pm

AREB

AREBW

American Rebel Holdings (NASDAQ:AREB) (NASDAQ:AREBW) has entered into a securities purchase agreement to raise approximately $3.0 million through the private placement of 686,499 shares of common stock and warrants. The shares and warrants are being sold at a combined effective purchase price of $4.37. The company intends to use the proceeds for general working capital and administrative purposes. The closing of the private placement is expected to occur on June 30, 2023. Following the announcement, AREB shares dropped by 34.3%.

Portfolio Pulse from Shivani Kumaresan

June 28, 2023 | 2:59 pm

DIS

NFLX

Netflix Inc (NASDAQ:NFLX) is making a comeback as legacy media companies struggle with mounting costs and a Hollywood writers' strike. The Walt Disney Company is facing a decline in its legacy businesses, a loss-making streaming business, and a slumping share price. Netflix, on the other hand, is seeing a surge in shares and is setting the stage for its next phase of content growth by trimming costs and boosting engagement. The ongoing Hollywood strike could benefit Netflix as it continues to produce international content unaffected by the strike.

Portfolio Pulse from Upwallstreet

June 28, 2023 | 2:52 pm

SOFI

SoFi Technologies has seen a significant option alert with Friday $9.5 calls sweep near the ask of 2245 at $0.12 versus an open interest of 16385. The company is expected to announce its earnings on August 1 after market close. The reference price is $9.07.

Portfolio Pulse from Charles Gross

June 28, 2023 | 2:51 pm

CVNA

Carvana Co. (NYSE:CVNA) shares are trading higher, continuing a recent turbulent streak. The company expects to reach adjusted EBITDA of more than $50 million in Q2 2023. Analysts' price target increases and the release of a short report from Kerrisdale Capital have also influenced the stock's performance. Carvana has a high short interest, with 66.52% of outstanding shares currently sold short. The stock is up more than 123% in the last 30 days.

Portfolio Pulse from Erica Kollmann

June 28, 2023 | 2:51 pm

CMG

A significant bearish stance has been taken on Chipotle Mexican Grill (NYSE:CMG) by a large investor or institution, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 31% bullish and 68% bearish. The whales have been targeting a price range from $1800 to $2125 for CMG over the last 3 months. Analysts from Wedbush, Argus Research, Raymond James, and Keybanc maintain positive ratings on CMG, while Piper Sandler has downgraded its rating to Neutral.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 2:50 pm