Streetbeat News

Stock Prices

PLAY

Dave & Buster's (PLAY) sees a significant increase in Sep 15 $50 call options, with 789 contracts traded at $3.388, compared to an open interest of 29 contracts. The stock is currently trading at $46.09.

Portfolio Pulse from Charles Gross

June 13, 2023 | 2:17 pm

CCL

Carnival Corp (CCL) shares are trading higher by 0.82% to $14.82 on Tuesday after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $11 to $16. B of A Securities also upgraded the stock from Neutral to Buy and raised its price target from $11 to $20.

Portfolio Pulse from Henry Khederian

June 13, 2023 | 2:16 pm

PLAY

Dave & Buster's Entertainment shares are trading higher following the company's Investor Day.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 2:16 pm

F

IPX

IperionX announced it will produce titanium components for Ford Motor Company, leading to a rise in IperionX shares.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 2:14 pm

DIS

Disney (NYSE:DIS) stock shows bullish strength, rising 0.8% in premarket trading despite recent protests from DeSantis supporters. The stock has rebounded 7% since its May 30 low of $87.01, and the bull flag pattern suggests it could rise towards the $98 mark.

Portfolio Pulse from Melanie Schaffer

June 13, 2023 | 2:13 pm

FRZA

Forza X1 Inc (NASDAQ:FRZA) shares have dropped 41% this week after announcing an $8 million public offering. The underwriters have a 45-day option to acquire an additional 800,100 shares. The funds will be used for expanding the manufacturing facility and general corporate needs.

Portfolio Pulse from Henry Khederian

June 13, 2023 | 2:12 pm

DERM

RDY

Journey Medical Corporation (NASDAQ:DERM) announced positive topline data from the Phase 1 clinical trial of DFD-29, a treatment for papulopustular rosacea developed in collaboration with Dr. Reddy's Laboratories Ltd (NYSE:RDY). The trial showed no significant safety issues and indicated that DFD-29 can be safely used for up to 16 weeks. DERM shares are up 8.98%.

Portfolio Pulse from Vandana Singh

June 13, 2023 | 2:11 pm

MEI

Methode Electronics Inc (NYSE:MEI) shares are down after reducing its FY23 EPS outlook to $2.10 - $2.14, missing the Street view of $2.51. The company experienced a significant impact on earnings due to various factors, including acquisition costs and higher expenses. Methode also provided lower sales and earnings outlook for FY24 and FY25.

Portfolio Pulse from Shivani Kumaresan

June 13, 2023 | 2:11 pm

SOFI

SoFi Technologies Inc (NYSE:SOFI) shares have been volatile, rising nearly 20% over the last five trading sessions and more than 90% over the last month. Multiple analyst firms have raised price targets on SoFi since the start of the month, and the stock has been trending across social media platforms.

Portfolio Pulse from Adam Eckert

June 13, 2023 | 2:10 pm

AAPL

UBS analyst David Vogt downgrades Apple Inc (NASDAQ:AAPL) from Buy to Neutral and raises the price target from $180 to $190, citing unfavorable risk/reward, soft demand trends, and sales decline in core markets. Vogt does not expect autonomous vehicles or the Vision Pro headset to be material for Apple in the short term.

Portfolio Pulse from Chris Katje

June 13, 2023 | 2:06 pm