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Stock Prices

ICE

Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 15 years, producing an average annual return of 11.48%. An investment of $1000 in ICE 15 years ago would be worth $4,786.55 today.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 4:30 pm

HUM

Humana (NYSE:HUM) has outperformed the market over the past 20 years, producing an average annual return of 18.2%. If an investor had bought $100 of HUM stock 20 years ago, it would be worth $2,870.66 today.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 4:30 pm

SCHN

Schnitzer Steel Industries Inc. reported a Q3 FY23 revenue decline of 19.9% YoY to $809.61 million, missing the consensus of $823.95 million. Adjusted EPS was $0.67, beating the consensus of $0.64. The company declared a cash dividend of $0.1875 per common share. SCHN shares are trading lower by 4.2% at $30.38.

Portfolio Pulse from Akanksha Bakshi

June 27, 2023 | 4:30 pm

DIA

IWM

QQQ

SPY

Major indexes have risen following strong economic data, including better-than-expected US consumer confidence and durable goods orders, as well as an increase in new home sales. Tech stocks also saw strength in Tuesday's session.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:26 pm

TERN

Terns Pharmaceuticals announced new preclinical data for the TERN-601 program in obesity at the ADA's 83rd Annual Scientific Sessions. Following the announcement, the company's shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:24 pm

DM

NNDM

SSYS

Nano Dimension Ltd. has increased its offer price to acquire Stratasys Ltd. shares from $18.00 to $20.05 per share and reduced the percentage of shares sought from 38.8%-40.8% to 31.9%-36.9%. The offer period has been extended until July 24, 2023. Previously, Stratasys rejected Nano's offer as it undervalued the company. Stratasys will review the revised offer. Stratasys is also in a merger agreement with Desktop Metal, Inc.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 4:23 pm

LCID

Aston Martin plans to double revenues and quadruple profits within the next five years, aiming for revenues of £2.5bn and EBITDA of £800m by 2028. The company recently announced a £182m partnership with US start-up Lucid to bolster its electrification strategy. Aston Martin's shares have quadrupled since November, with a significant boost after Hangzhou-based carmaker Geely doubled its stake in the marque to 17 per cent.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 4:20 pm

BA

A significant amount of unusual options activity has been detected for Boeing (NYSE:BA), with a majority of investors taking a bearish stance. The targeted price range for Boeing over the last 3 months has been between $185.0 to $250.0. RBC Capital and Bernstein have downgraded their actions on Boeing with price targets of $220 and $252 respectively. The next earnings are expected to be released in 29 days.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 4:17 pm

WBD

A significant investor has taken a bearish stance on Warner Bros. Discovery (NASDAQ:WBD), with 54% of investors opening trades with bearish expectations. The whales have been targeting a price range from $5.0 to $15.0 for Warner Bros. Discovery over the last 3 months. The price of WBD is up 4.63% at $12.32, and RSI indicators suggest the stock may be approaching overbought. Morgan Stanley has maintained their Equal-Weight rating on Warner Bros. Discovery, with a price target of $14.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 4:17 pm

COIN

An option alert has been issued for Coinbase Global (COIN) for Friday $75 calls sweep. The alert indicates 877 contracts traded near the ask price of $0.336, compared to an open interest of 2872 contracts.

Portfolio Pulse from Charles Gross

June 27, 2023 | 4:15 pm