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Stock Prices

FYBR

Frontier Communications (FYBR) sees a surge in Aug 18 $20 call options at the ask price, with 2500 contracts traded at $0.8, compared to 682 open interest. Earnings are expected on August 4 before the market opens.

Portfolio Pulse from Charles Gross

June 08, 2023 | 3:27 pm

BIIB

ESALY

Senator Bernie Sanders has urged the U.S. Department of Health and Human Services (HHS) to address the high cost of Eisai Co Ltd and Biogen Inc's Alzheimer's treatment Leqembi, calling its $26,500 annual price tag 'unconscionable'. Sanders suggested breaking the patent monopoly or restricting the amount paid by Medicare and Medicaid Services for the drug.

Portfolio Pulse from Vandana Singh

June 08, 2023 | 3:27 pm

TSLA

Tesla recently highlighted the impact of federal tax credits on the starting price of its Model 3, bringing it down to $32,740. The announcement emphasizes the benefits buyers can take advantage of, including fuel and maintenance savings, as well as potential state and local incentives.

Portfolio Pulse from Benzinga EV Insights

June 08, 2023 | 3:26 pm

AKLI

Akili Inc (NASDAQ:AKLI) has released EndeavorOTC, a mobile video game treatment for adults with ADHD, which is clinically proven to improve attention and focus. The game is built on the same technology as EndeavorRx, the FDA-authorized video game treatment for children with ADHD. EndeavorOTC is now available without a prescription for adults 18 years and older nationwide.

Portfolio Pulse from Vandana Singh

June 08, 2023 | 3:20 pm

DBI

Designer Brands announced a share buyback of up to $100 million, offsetting weak earnings and a guidance cut. This has led to the company's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 3:17 pm

JD

A whale has taken a bearish stance on JD.com (NASDAQ:JD), with 80% of detected unusual options trades being bearish. The total trade price for 5 puts is $606,652, while 5 calls amount to $199,301. Whales have been targeting a price range of $25 to $40 for JD.com over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 3:17 pm

UBER

Uber shares are trading higher after Wells Fargo initiated coverage on the stock with an Overweight rating and a $50 price target.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 3:14 pm

ADBE

Adobe shares are trading higher following the announcement of new products and AI programs in Adobe Experience Cloud. Several firms have also increased their price targets for the company.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 3:13 pm

UBER

Uber Technologies sees a sweep of 218 Sep 15 $45 calls near the ask price of $1.52, compared to 8032 open interest. Earnings are expected on 8/1 before the market opens.

Portfolio Pulse from Charles Gross

June 08, 2023 | 3:13 pm

AMZN

Amazon shares are trading higher after Wells Fargo initiated coverage on the stock with an Overweight rating and a $159 price target.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 3:13 pm