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Stock Prices

ZIM

ZIM Integrated Shipping Services shares dropped 13.9% after reporting a YoY decrease in Q1 EPS results and worse-than-expected sales results. Other stocks experienced significant gains and losses during Monday's mid-day session.

Portfolio Pulse from Lisa Levin

May 22, 2023 | 5:20 pm

SOND

Sonder Holdings' stock is trading lower after Oppenheimer downgraded it from Outperform to Perform.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:18 pm

PBR

A whale has taken a bullish stance on Petrobras Brasileiro (NYSE:PBR), with 50% of the investors opening trades with bullish expectations and 50% with bearish. Whales have been targeting a price range from $7.0 to $12.0 for Petrobras Brasileiro over the last 3 months. Goldman Sachs maintains a Neutral rating on Petrobras Brasileiro with a price target of $12.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:17 pm

ENVB

Enveric Biosciences shares are trading lower after the company announced a manuscript detailing the development of novel psilocin prodrugs for the treatment of anxiety and other mental health disorders.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:17 pm

UNH

A whale has taken a bearish stance on UnitedHealth Group (NYSE:UNH), with 57% of recent unusual options activity being bearish. The total trade amounts are $186,311 for puts and $295,305 for calls, targeting a price range of $380 to $590 over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:16 pm

SPY

St. Louis Fed President Bullard expects two more rate hikes this year to tame inflation, stating that the labor market is slowing but not indicating a recession.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:12 pm

IONQ

IonQ shares are trading higher without any company-specific news.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:09 pm

AVRO

NVS

Avrobio Inc has agreed to sell its investigational hematopoietic stem cell (HSC) gene therapy program for cystinosis to Novartis AG for $87.5 million in cash. The proceeds will extend Avrobio's cash runway into Q4 2024.

Portfolio Pulse from Vandana Singh

May 22, 2023 | 5:08 pm

TEAM

Atlassian shares are trading higher without any company-specific news. The increase may be attributed to a rise in growth stocks ahead of debt ceiling talks.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2023 | 5:08 pm

PGNY

Progyny (NASDAQ:PGNY) has received 2 bullish and 3 somewhat bullish ratings from analysts in the last quarter. The average 12-month price target is $49.4, with a high of $58.00 and a low of $44.00. The average price target has increased by 2.21% over the past month.

Portfolio Pulse from Benzinga Insights

May 22, 2023 | 5:07 pm