Streetbeat News

Stock Prices

BIIB

Biogen's stock price fell after European experts questioned the benefits of its Alzheimer's drug, Leqembi, against its risks. This follows changes to the company's Board of Directors and price target raises by two analysts.

Portfolio Pulse from Ryan Gustafson

June 13, 2023 | 7:35 pm

SPY

The market on close imbalance is reported to be $562 million to the buy-side, indicating a potential increase in stock prices.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 7:34 pm

RIVN

Rivian shares are experiencing an increase in value due to the overall strength in the electric vehicle (EV) market.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 7:32 pm

NKLA

Nikola shares are trading higher due to overall market strength and after shareholders rejected the company's proposal to issue more stock shares.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 7:31 pm

ZTS

Over the past 10 years, Zoetis (NYSE:ZTS) has outperformed the market with an average annual return of 18.22%. A $1000 investment in ZTS 10 years ago would be worth $5,372.25 today.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 7:31 pm

YUM

Yum Brands (NYSE:YUM) has outperformed the market over the past 20 years, producing an average annual return of 13.62%. If an investor had bought $1000 of YUM stock 20 years ago, it would be worth $12,931.54 today.

Portfolio Pulse from Benzinga Insights

June 13, 2023 | 7:30 pm

DWAC

RMBL

Former President Donald Trump pleaded not guilty to 37 federal charges related to mishandling classified documents. Trump faces potential fines of $9.25 million and up to 400 years in prison. Shares of Digital World Acquisition (NASDAQ:DWAC) are up 2% to $13.07, and Trump's speech will be streamed live on Rumble (NASDAQ:RMBL).

Portfolio Pulse from Chris Katje

June 13, 2023 | 7:23 pm

UPST

Upstart Holdings Inc (UPST) shares are trading higher by 9.30% to $36.85 on Tuesday, possibly due to the softer-than-expected CPI report showing slowing inflation in May. Lower inflation rates can improve consumer purchasing power and affordability, leading to increased loan applications and utilization of lending platforms like Upstart.

Portfolio Pulse from Henry Khederian

June 13, 2023 | 7:23 pm

AUUD

Auddia Inc. (NASDAQ:AUUD) shares are trading lower after announcing a securities purchase agreement with institutional investors for 4,735,000 shares at $0.65 per share, raising approximately $3.1 million before fees and expenses. The offering is expected to close on June 15, 2023.

Portfolio Pulse from Ryan Gustafson

June 13, 2023 | 7:22 pm

AMC

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading higher by 4.71% to $5.00, possibly due to a softer-than-expected CPI report showing slowing inflation in May. Lower inflationary pressures can enhance consumers' purchasing power, leading to increased attendance and ticket sales for AMC.

Portfolio Pulse from Henry Khederian

June 13, 2023 | 7:22 pm