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GCT

GigaCloud Technology's shares are trading higher, rebounding after a drop on Thursday due to a short report.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 2:25 pm

FEMY

HC Wainwright has maintained a Buy rating on Femasys and raised its price target from $5 to $13, leading to a rise in Femasys' stock price.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 2:22 pm

OPRA

Opera Ltd (NASDAQ:OPRA) shares dropped by 11.4% after the company announced the pricing of its underwritten secondary public offering of 6,876,506 ADSs at $12.25 per ADS. The offering is expected to close on October 4. The company has also granted the underwriters a 30-day option to purchase up to an additional 15%, or 1,031,475 ADSs.

Portfolio Pulse from Henry Khederian

September 29, 2023 | 2:21 pm

TTOO

T2 Biosystems, Inc. (NASDAQ:TTOO) shares are trading higher by more than 20% despite no company-specific news. The stock remains down 12% over the last five days. CR Group L.P. sold another 5 million shares of TTOO on Sept. 22 at an average price of just under 26 cents per share. This is in addition to the 10 million shares sold by CR Group on Sept. 19. TTOO has become a favorite among retail investors and is currently trending on both Stocktwits and Yahoo! Finance.

Portfolio Pulse from Erica Kollmann

September 29, 2023 | 2:18 pm

WBA

Walgreens Boots Alliance Inc. is reportedly considering former Cigna Group executive Tim Wentworth for its next CEO position. The decision is not final and Wentworth may not end up in the role.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 2:17 pm

DUOL

UBS has initiated coverage on Duolingo's stock with a Buy rating and a $195 price target. This has led to Duolingo shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 2:17 pm

APRN

CAPR

GPCR

NKE

OPGN

VCNX

VRAR

U.S. stocks traded higher with the Nasdaq Composite gaining over 1%. Nike posted upbeat earnings for its first quarter, but sales missed expectations. Shares of Structure Therapeutics, Blue Apron Holdings, and OpGen were up, while shares of The Glimpse Group, Capricor Therapeutics, and Vaccinex were down. Oil and gold traded up.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 2:16 pm

MSFT

A significant investor has taken a bearish stance on Microsoft (NASDAQ:MSFT), with 58% of the observed trades being bearish. The trades include 3 puts amounting to $139,940 and 14 calls amounting to $1,148,511. The whales have been targeting a price range from $285.0 to $365.0 for Microsoft over the last 3 months. The current price of MSFT is up 1.35% at $317.87, with the stock being neutral between overbought and oversold according to RSI indicators.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 2:16 pm

UNRV

Unrivaled Brands, Inc. (OTCQB:UNRV) has announced its intention to oppose an application for a writ of attachment filed by entities controlled by Toni Ko, founder of NYX Cosmetics. The application is based on alleged breaches of a cannabis retail lease. Unrivaled's CEO, Sabas Carrillo, stated that the company has been successful in resolving over $50 million in debt and will continue to negotiate with creditors. Unrivaled Brands shares closed flat at 0.0280 per share.

Portfolio Pulse from Nina Zdinjak

September 29, 2023 | 2:11 pm

BLL

Ball Corporation's stock is trading higher following an upgrade from Hold to Buy by Jefferies.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 2:10 pm