Streetbeat News

Stock Prices

REUN

Reunion Neuroscience shares are set to resume trading at 8:00 AM ET.

Portfolio Pulse from Charles Gross

June 01, 2023 | 11:38 am

DFH

LL

NGMS

TSLA

TTSH

The article lists the top 5 overbought consumer stocks in June, including LL Flooring Holdings, Tile Shop Holdings, Dream Finders Homes, Tesla, and NeoGames. These stocks have high RSI values, indicating they may be overvalued and present an opportunity to go short.

Portfolio Pulse from Lisa Levin

June 01, 2023 | 11:37 am

AI

C3.ai's stock plunged 20% after Q4 results, but Wedbush analyst Daniel Ives upgraded the shares from Neutral to Market Perform and raised the price target from $24 to $50. Ives believes the company is in a unique position to capitalize on the $800 billion AI opportunity over the next decade.

Portfolio Pulse from Shanthi Rexaline

June 01, 2023 | 11:36 am

REUN

Reunion Neuroscience announces a $13.1M take-private transaction with MPM BioImpact. Shareholders will receive $1.12 per share in cash, a 43.1% premium to the 30-day volume weighted average price. Reunion also presented positive Phase 1 results at the American Society of Clinical Psychopharmacology Annual Meeting, enabling Phase 2 advancement in 2H 2023.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:31 am

REUN

Reunion Neuroscience's trading has been halted due to pending news.

Portfolio Pulse from Charles Gross

June 01, 2023 | 11:28 am

CAL

Caleres has reiterated its FY23 adjusted EPS guidance of $4.10-$4.30, lower than the $4.57 estimate, and reduced its net sales forecast to $2.82B-$2.88B from the previous $2.97B-$3.03B. The company expects Q2 net sales of $701.4M-$708.8M and adjusted EPS of $0.87-$0.92, both below estimates.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:25 am

LI

NIO

XPEV

Chinese EV startups Li Auto, Nio, and XPeng reported their May delivery figures. Li Auto saw a 146% YoY increase to 28,277 vehicles, while Nio experienced a 12.4% YoY decline with 6,155 vehicles delivered. XPeng delivered 7,506 EVs, a 25.9% decrease compared to May 2022.

Portfolio Pulse from Anan Ashraf

June 01, 2023 | 11:22 am

AMPS

AUID

HCWB

SBIG

Insiders have recently made significant purchases in four penny stocks: authID Inc. (AUID), Altus Power Inc. (AMPS), SpringBig Holdings Inc. (SBIG), and HCW Biologics Inc. (HCWB). These transactions indicate insider confidence in the companies' prospects.

Portfolio Pulse from Lisa Levin

June 01, 2023 | 11:16 am

DG

Dollar General reported worse-than-expected Q1 results and lowered its FY23 sales growth outlook, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 01, 2023 | 11:12 am

CRM

Salesforce (NYSE:CRM) reported better-than-expected Q1 earnings and sales, with revenue of $8.25 billion and EPS of $1.69. Analysts have raised their price targets following the announcement, but shares dropped 6% in pre-market trading.

Portfolio Pulse from Lisa Levin

June 01, 2023 | 11:12 am