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ETRN

Equitrans Midstream's stock is trading higher following an upgrade from Wolfe Research, which changed its rating from Peer Perform to Outperform.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:44 pm

LFCR

Lifecore Biomedical Inc (NASDAQ:LFCR) reported a Q3 FY23 revenue decline of 26% Y/Y to $27.60 million, missing the consensus of $28 million. The company is currently evaluating strategic alternatives to maximize stockholder value.

Portfolio Pulse from Lekha Gupta

June 01, 2023 | 4:40 pm

SOFI

SoFi Technologies has an option alert for June 16 $7 calls sweep with 1,554 contracts traded at $0.571, near the ask price, compared to an open interest of 34,346 contracts. The reference price is $7.245.

Portfolio Pulse from Charles Gross

June 01, 2023 | 4:35 pm

CVX

Chevron's stock is trading higher following an upgrade from RBC Capital, which changed its rating from Sector Perform to Outperform.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:35 pm

SBIG

Cannabis marketing platform SpringBig Holdings (NASDAQ:SBIG) has closed a $4 million public equity offering, raising approximately $3 million in gross cash proceeds. The company's Q2 2023 financial projections expect revenue between $7.3 million and $7.6 million, representing 15% YoY growth.

Portfolio Pulse from Jelena Martinovic

June 01, 2023 | 4:33 pm

KLAC

A whale investor has taken a bullish stance on KLA Corporation (NASDAQ:KLAC), with options history showing 50% bullish and 50% bearish trades. Whales have targeted a price range of $290 to $530 for KLA over the last 3 months. UBS maintains a Neutral rating with a price target of $475.

Portfolio Pulse from Benzinga Insights

June 01, 2023 | 4:33 pm

LUMN

Lumen Technologies sees a surge in Jun 30 $2 call options with 2189 contracts traded at $0.201, compared to 196 open interest; stock price at $1.99.

Portfolio Pulse from Charles Gross

June 01, 2023 | 4:33 pm

SCLX

SRNEQ

Scilex Holding Company (SCLX) reports preliminary unaudited financial results for May 2023, with estimated gross sales of $13.0M-$15.0M and net sales of $4.2M-$5.1M. The company is a majority-owned subsidiary of Sorrento Therapeutics (SRNEQ).

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 4:31 pm

SDA

SunCar Technology shares have resumed trading after a temporary halt.

Portfolio Pulse from Happy Mohamed

June 01, 2023 | 4:29 pm

AEM

AU

GFI

GOLD

NEM

WPM

Shares of gold companies are trading higher amid a drop in the US dollar index.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 4:28 pm