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Stock Prices

CCCS

CCC Intelligent Solutions shares are trading higher after Evercore ISI Group upgraded the stock from In-Line to Outperform and announced a $14 price target.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:13 pm

MVST

Microvast Holdings shares are trading lower by around 22% after the U.S. Department of Energy reportedly canceled contract negotiations for a potential $200 million award. Other stocks moving premarket include Applied UV, SeqLL, HeartCore Enterprises, Bone Biologics, Movella Holdings, Cumberland Pharmaceuticals, Navidea Biopharmaceuticals, Yelp, Ohmyhome Limited, and Orion Energy Systems.

Portfolio Pulse from Lisa Levin

May 23, 2023 | 12:12 pm

WVE

Wave Life Sciences shares resumed trading and moved lower after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:09 pm

YELP

Yelp shares are trading higher after a report suggests that activist investor TCS Capital is pushing for the company to explore a sale.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:09 pm

STOK

Stoke Therapeutics (NASDAQ:STOK) has received mostly bullish ratings from analysts in the last quarter, with an average 12-month price target of $25.17, up 7.11% from the previous average of $23.50.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 12:07 pm

CWBR

CohBar (CWBR) shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 12:05 pm

PANW

In the last quarter, Palo Alto Networks (NASDAQ:PANW) received 11 analyst ratings, with 5 bullish and 6 somewhat bullish. The average 12-month price target is $234.27, increasing by 6.73% over the past month.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 12:04 pm

BABA

Alibaba's stock declined following reports of a 7% workforce reduction in its cloud division as it prepares for a spinoff and eventual IPO. The cloud business is valued at over $30 billion and is expected to be carved out as a separate company within a year.

Portfolio Pulse from Anusuya Lahiri

May 23, 2023 | 12:02 pm

SPLK

In the last quarter, Splunk (NASDAQ:SPLK) received 9 analyst ratings with an average 12-month price target of $119.89, an 11.53% increase from the previous average of $107.50. The ratings include 5 bullish, 2 somewhat bullish, and 2 indifferent.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 12:01 pm

ZIM

ZIM Integrated Shipping Services reported a Q1 loss of 50 cents per share and sales of $1.37 billion, missing market expectations of $1.57 billion. Following the earnings announcement, Barclays and Jefferies cut their price targets on the company.

Portfolio Pulse from Lisa Levin

May 23, 2023 | 11:59 am