Streetbeat News

Stock Prices

XXII

22nd Century Group shares rose following CEO Lawrence Firestone's purchase of company shares, indicating potential insider confidence in the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:43 pm

WKHS

Workhorse shares rose as the company announced its participation in the FedEx Service Provider Summit to showcase its W56 electric vehicle.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:41 pm

BTCUSD

Bitcoin is showing a negative correlation with gold as investors lean towards traditional safe-haven assets. While gold prices hit record highs, Bitcoin's value is declining, highlighting its volatility and risk. The decoupling raises questions about Bitcoin's role as a 'new gold' and its future as an institutional asset.

Portfolio Pulse from Khyathi Dalal

September 13, 2024 | 4:37 pm

AEM

Agnico Eagle Mines (NYSE:AEM) has delivered an average annual return of 9.52% over the past 20 years, outperforming the market by 1.17% annually. A $100 investment in AEM 20 years ago would now be worth $636.72.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 4:32 pm

THC

Tenet Healthcare (NYSE:THC) has significantly outperformed the market over the past 5 years, with an average annual return of 45.31%. A $100 investment in THC 5 years ago would now be worth $634.25, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 4:32 pm

MBX

MBX Biosciences' IPO opened at $23 per share, significantly higher than its initial pricing of $16 per share for 10.20 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:32 pm

AMKR

Amkor Technology (NYSE:AMKR) has seen a 3.51% increase in its short percent of float, now at 2.95%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 6.71%.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 4:30 pm

CVNA

Carvana's short interest has decreased by 10.05%, with 13.86 million shares sold short, representing 13.96% of its float. This is higher than its peers' average of 11.62%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 4:30 pm

ZIM

ZIM Integrated Shipping (NYSE:ZIM) has seen a 24.52% increase in its short percent of float, now at 17.01%. This is significantly higher than its peers' average of 2.50%. The high short interest could indicate bearish sentiment, but it might also present a bullish opportunity if the stock price rises.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 4:30 pm

GOOG

GOOGL

Alphabet Inc. (GOOGL, GOOG) is in bear market territory, down 35% from its highs. The stock is trading below key moving averages, indicating a bearish trend. Regulatory scrutiny and high AI spending contribute to investor anxiety. Despite this, Alphabet's strong balance sheet and growth potential suggest a possible long-term rebound.

Portfolio Pulse from Surbhi Jain

September 13, 2024 | 4:28 pm