Streetbeat News

Stock Prices

AUMN

Golden Minerals Company announced a 1-for-25 reverse stock split, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 3:30 pm

QQQ

SQQQ

ProShares UltraPro Short QQQ ETF (SQQQ) hit a new 52-week low as the Nasdaq-100 rises amid overall market strength, hopes of a debt ceiling resolution, and strength in the broader tech sector.

Portfolio Pulse from Henry Khederian

May 30, 2023 | 3:27 pm

CORN

SPY

WEAT

U.S. wheat prices have fallen below corn prices for the first time since 2013, due to abundant global supplies and reduced demand for wheat-based products.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 3:26 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) gapped up to start Tuesday’s trading session but ran into resistance, indicating a need for consolidation. The stock has been in a consistent uptrend since Jan. 6, with higher highs and higher lows. However, its relative strength index (RSI) has reached 74%, suggesting it may be overbought.

Portfolio Pulse from Melanie Schaffer

May 30, 2023 | 3:23 pm

ATTO

Atento S.A.'s stock price is surging as traders circulate the company's website, highlighting its AI-related capabilities in the cyber security space. Shares have risen by 100%.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 3:20 pm

SQL

SeqLL announces a definitive merger agreement with Lyneer Investments and Atlantic Acquisition Corp, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 3:19 pm

LLY

A whale has taken a bearish stance on Eli Lilly (NYSE:LLY) with 72% of detected unusual options trades being bearish. The price target range for Eli Lilly over the last 3 months is $160 to $520. Analysts maintain Outperform and Overweight ratings with price targets between $458 and $507.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 3:18 pm

CDNS

Recent unusual options activity in Cadence Design Sys (NASDAQ:CDNS) shows a mix of bullish and bearish stances, with 50% of investors opening trades with bullish expectations and 50% with bearish. Whales have been targeting a price range of $200 to $270 for CDNS over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 3:18 pm

TSLA

A whale has taken a bearish stance on Tesla (NASDAQ:TSLA) with 160 unusual options trades detected. 49% of investors opened trades with bullish expectations and 50% with bearish. Whales have been targeting a price range of $170 to $250 for Tesla over the last 3 months. Wedbush downgraded its action to Outperform with a price target of $215, while Piper Sandler maintained their Overweight rating with a price target of $280.

Portfolio Pulse from Benzinga Insights

May 30, 2023 | 3:17 pm

AUVI

Applied UV announced a 1-for-5 reverse stock split, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 3:17 pm