Streetbeat News

Stock Prices

AAPL

Unusual options activity has been observed for Apple (NASDAQ:AAPL) on May 23, with a bearish stance taken by a large investor. Benzinga's options scanner spotted 23 uncommon options trades, with 26% bullish and 73% bearish sentiment. Whales have been targeting a price range of $120 to $215 for Apple over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 3:32 pm

ACB

CGC

TLRY

A Congressional committee has blocked GOP-led marijuana legalization and fentanyl contamination amendments from floor votes, according to a Marijuana Moment report. This decision may impact the stocks of several cannabis companies.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 3:31 pm

HD

A whale investor has taken a bullish stance on Home Depot (NYSE: HD), with 52% of detected trades showing bullish expectations and 47% bearish. Whales have been targeting a price range of $210 to $320 for Home Depot over the last 3 months. The stock is currently up 2.06% at $296.65, with RSI indicators suggesting it may be approaching overbought.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 3:31 pm

FXCOF

RIDE

Lordstown Motors Corp (NASDAQ:RIDE) announced a 1:15 reverse stock split on May 24 to avoid potential Nasdaq delisting and secure a $170-million funding lifeline from Foxconn Technology Co Ltd (OTC:FXCOF). The company has manufactured 56 units of its EV model, the Endurance, and delivered 18 to customers.

Portfolio Pulse from AJ Fabino

May 23, 2023 | 3:30 pm

TEAM

Atlassian (NASDAQ:TEAM) has outperformed the market over the past 5 years, producing an average annual return of 20.93%. A $1000 investment in TEAM 5 years ago would be worth $2,576.74 today.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 3:30 pm

SNPS

Synopsys (NASDAQ:SNPS) has outperformed the market over the past 15 years, producing an average annual return of 19.94%. A $100 investment in SNPS 15 years ago would be worth $1,548.10 today.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 3:30 pm

WPM

Wheaton Precious Metals' shares are trading lower after RBC Capital downgraded the stock from Outperform to Sector Perform.

Portfolio Pulse from Bill Haddad

May 23, 2023 | 3:29 pm

SCCO

Southern Copper shares are trading lower due to a decline in copper prices.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 3:26 pm

NVO

PFE

Novo Nordisk shares are trading lower after recent data showed Pfizer's oral weight loss drug could be as effective as Novo Nordisk's Ozempic.

Portfolio Pulse from Bill Haddad

May 23, 2023 | 3:24 pm

QTRX

Goldman Sachs upgraded Quanterix stock from Neutral to Buy and raised its price target from $13 to $27, resulting in the stock trading higher.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 3:24 pm