Streetbeat News

Stock Prices

GRNT

Tuesday is the last day for investors to buy Granite Ridge Resources (NYSE:GRNT) shares to be eligible for the next dividend payout of 11 cents per share. The stock will go ex-dividend on Wednesday, and the dividend will be paid out on June 15, 2023.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 2:45 pm

HLF

SANW

STG

UNFI

VLGEA

Benzinga Insights has compiled a list of value stocks in the consumer defensive sector, including Sunlands Technology, Herbalife, S&W Seed, Village Super Market, and United Natural Foods. These companies have low P/E multiples, indicating they may be undervalued.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 2:40 pm

GAU

MT

NGVT

NUE

UAN

The article highlights notable value stocks in the basic materials sector, including Nucor, Ingevity, CVR Partners, ArcelorMittal, and Galiano Gold. These companies have low P/E multiples, indicating they may be undervalued. However, investing in value stocks carries the risk that their undervalued position may never rebound.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 2:39 pm

AAPL

Apple Inc's stock (AAPL) climbed 0.9% higher on Friday, continuing its momentum after bouncing up from the bottom trend line of a rising channel pattern on Wednesday. The bounce also formed a double bottom pattern near the $170 mark, which is a reversal indicator that suggests the stock is likely to rebound again.

Portfolio Pulse from Melanie Schaffer

May 26, 2023 | 2:35 pm

MU

Micron Technology's stock is trading higher after BMO Capital maintained an Outperform rating and raised its price target from $67 to $80.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 2:35 pm

DSX

Diana Shipping Inc (DSX) reported Q1 FY23 sales growth of 10.2% YoY to $72.64 million, beating the analyst consensus estimate of $67.50 million. EPS of $0.22 also beat the estimate of $0.14. The company declared a dividend of $0.15 per share, and its shares are trading higher by 5.62% at $3.76.

Portfolio Pulse from Shivani Kumaresan

May 26, 2023 | 2:35 pm

NTES

NetEase reported better-than-expected Q1 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

May 26, 2023 | 2:33 pm

SBIG

SpringBig Holdings (NASDAQ:SBIG) announced a $4M public offering of 13 million shares at $0.3037 per share. The offering is expected to close on May 31, 2023. Gross proceeds are estimated at $3M, with $1M of the company's existing senior secured convertible note being canceled in exchange for shares. The funds will be used for working capital and general corporate purposes.

Portfolio Pulse from Vuk Zdinjak

May 26, 2023 | 2:33 pm

NOC

Northrop Grumman (NYSE:NOC) has produced an average annual return of 18.08% over the past 10 years, outperforming the market by 8.4% on an annualized basis. A $1000 investment in NOC 10 years ago would be worth $5,375.35 today.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 2:30 pm

NKE

Nike (NYSE:NKE) has outperformed the market over the past 10 years, producing an average annual return of 13.22%. If an investor had bought $1000 of NKE stock 10 years ago, it would be worth $3,431.43 today.

Portfolio Pulse from Benzinga Insights

May 26, 2023 | 2:30 pm