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KTTA

Pasithea Therapeutics shares are trading higher after Lucy Scientific Discovery proposed to acquire the company for $0.60 per share in cash and $0.25 per share in Lucy stock.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 3:24 pm

AMZN

DISH

T

AT&T shares are trading higher by 1.15% despite recent volatility due to rumors of DISH Network selling wireless plans through Amazon. However, leading U.S. wireless carriers announced they are not in discussions with Amazon for budget-friendly wireless services. HSBC analyst Adam Fox-Rumley maintained a Buy rating for AT&T and lowered the price target from $21 to $19.

Portfolio Pulse from Henry Khederian

June 05, 2023 | 3:18 pm

F

A large investor has taken a bullish stance on Ford Motor (NYSE:F), with Benzinga's options scanner spotting 12 uncommon options trades. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range of $10.0 to $15.0 for Ford Motor over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:17 pm

MU

A whale has taken a bearish stance on Micron Technology (NASDAQ:MU), with 60% of detected unusual options trades being bearish. The total amount for puts is $477,334, while calls amount to $432,216. Whales have been targeting a price range of $15 to $70 for Micron Technology over the last 3 months.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:17 pm

ZUMZ

Zumiez shares are trading lower after the announcement that the stock will be replaced in the S&P SmallCap 600.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 3:14 pm

BTCUSD

NFT expert Anndy Lian believes that the recent positive US job market data could inspire increased cryptocurrency adoption. However, some experts argue that ongoing regulatory debates and fears of a looming recession may deter large investors and hamper growth.

Portfolio Pulse from Murtuza Merchant

June 05, 2023 | 3:06 pm

MNK

Mallinckrodt Plc (NYSE:MNK) is reportedly considering options, including filing for bankruptcy again, as a $200 million opioid settlement payment is due within weeks. The company emerged from Chapter 11 last year after reaching a $1.7 billion nationwide settlement.

Portfolio Pulse from Vandana Singh

June 05, 2023 | 3:05 pm

MOMO

Hello Gr (NASDAQ:MOMO) is set to release its latest quarterly earnings report on June 6, 2023, with analysts estimating an EPS of $0.27. The company's historical earnings performance shows a pattern of beating estimates, and its stock price has increased by 40.62% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:05 pm

CDNS

In the last quarter, Cadence Design Sys (NASDAQ:CDNS) received 2 bullish and 4 somewhat bullish ratings from analysts. The average 12-month price target for the stock is $235.5, up 5.69% from the previous average of $222.83.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:05 pm

OESX

Orion Energy Sys (NASDAQ:OESX) is set to release its latest quarterly earnings report on June 6, 2023. Analysts estimate an EPS of $-0.06. The company's past performance shows mixed results, with shares down 34.36% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 3:04 pm