Streetbeat News

Stock Prices

CGTX

Cognition Therapeutics announces data publication from a Phase 1b SNAP trial of CT1812, showing its effectiveness in displacing Aβ oligomers in Alzheimer's patients. The study demonstrated that a single oral dose of CT1812 rapidly displaces Aβ oligomers from synapses, with no serious adverse events related to the medication.

Portfolio Pulse from Vandana Singh

May 18, 2023 | 5:53 pm

MSC

Studio City shares are trading lower due to weakness in China-related stocks following Alibaba's earnings report.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 5:53 pm

CELZ

Creative Medical Technology Holdings Inc (NASDAQ:CELZ) announced positive topline pilot study results for the StemSpine procedure using AlloStem to treat chronic lower back pain. The data showed significant efficacy, no serious adverse events, and a reduction in narcotic usage, pain score, and Oswestry Score in treated patients.

Portfolio Pulse from Vandana Singh

May 18, 2023 | 5:50 pm

BBWI

Bath & Body Works Inc (BBWI) reported 1Q23 EPS of $0.33, beating consensus of $0.26 and guidance of $0.17-$0.27. Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating with a price target of $52. BBWI raised its annual EPS outlook following a strong Q1.

Portfolio Pulse from Shivani Kumaresan

May 18, 2023 | 5:48 pm

MNSO

MINISO reported Q3 financial results earlier this week, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 5:47 pm

ADBE

A whale has taken a bearish stance on Adobe (NASDAQ:ADBE), with 70% of detected unusual options trades being bearish. The total amount for puts is $504,558, while calls amount to $417,030. Whales have been targeting a price range of $320 to $730 for Adobe over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 18, 2023 | 5:46 pm

KD

Kyndryl shares are trading lower due to continued downward momentum after reporting mixed Q1 financial results and issuing FY24 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 5:45 pm

FUTU

Morgan Stanley downgraded Futu Holdings Ltd. (FUTU) from Equal-Weight to Underweight and lowered its price target from $44 to $34, causing the stock to trade lower.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 5:44 pm

BEKE

KE Holdings shares are trading lower after initially gaining on Q1 results.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 5:41 pm

WMS

Advanced Drainage Systems reported better-than-expected Q4 EPS and sales results, leading to a higher stock price. The company also announced an increase in its annual dividend.

Portfolio Pulse from Benzinga Newsdesk

May 18, 2023 | 5:41 pm