Streetbeat News

Stock Prices

CMG

Deep-pocketed investors are showing a bearish sentiment towards Chipotle Mexican Grill (NYSE:CMG), as revealed by Benzinga's options scanner. The activity includes 34 extraordinary options trades, with 50% of investors leaning bearish. The stock is currently trading at $60.93, up by 2.51%, with an anticipated earnings release in one day. Analysts have mixed ratings, with target prices ranging from $59 to $71.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:30 pm

BABA

Financial giants have shown unusual options activity in Alibaba Gr Hldgs (NYSE:BABA), with a balanced sentiment of 43% bullish and 43% bearish trades. The options activity suggests a price range of $70 to $170 for BABA. The stock is currently up 3.04% at $100.38.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:30 pm

GWW

W.W. Grainger (NYSE:GWW) has significantly outperformed the market over the past decade, with an annualized return of 16.04%. A $1000 investment in GWW 10 years ago would be worth $4,461.15 today, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:30 pm

VRTX

Vertex Pharmaceuticals (NASDAQ:VRTX) has outperformed the market over the past 5 years with an average annual return of 18.8%, resulting in a significant increase in investment value. A $1000 investment 5 years ago would now be worth $2,431.96.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:30 pm

CCB

Coastal Financial shares rose following a report of better-than-expected Q3 EPS results and an optimistic outlook for higher profitability in FY25.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:23 pm

SONN

Sonnet BioTherapeutics shares are trading lower following the company's filing to sell common stock, though the terms of the sale have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:16 pm

BURU

Nuburu's short interest has surged by 1027.7%, with 24.02% of its float sold short. This is significantly higher than its peers' average of 1.88%. The high short interest could indicate bearish sentiment, but it might also present a bullish opportunity if the stock price rises.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:15 pm

NXT

NEXTracker's short interest has decreased by 4.89%, with 12.59 million shares sold short, representing 9.91% of its float. This is slightly higher than its peers' average of 9.85%. The decrease in short interest may indicate a shift towards a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:15 pm

LMT

Lockheed Martin's short interest has increased by 3.39%, with 2.40 million shares sold short, representing 1.22% of its float. This is below the peer group average of 3.10%. The increase in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:15 pm

PLL

Piedmont Lithium shares rose as the company announced record production, shipping over 31,000 tons of Spodumene in Q3 for electric vehicle supply chains.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:11 pm