Streetbeat News

Stock Prices

AMD

AMD shares are trading lower after Cleveland Research reportedly cut its estimates on the stock.

Portfolio Pulse from Benzinga Newsdesk

May 19, 2023 | 2:36 pm

CTLT

NVO

Catalent Inc (CTLT) has lowered its 2023 revenue and profit forecast due to operational challenges and higher-than-expected costs, resulting in a delay of its Q3 FY23 earnings release twice this month. The company continues to win new business, including expansions with Novo Nordisk (NVO) and Samsung Bioepis.

Portfolio Pulse from Vandana Singh

May 19, 2023 | 2:33 pm

MGRM

Monogram Orthopaedics shares have resumed trading after a temporary halt.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 2:32 pm

BIOC

Biocept shares resumed trading after being halted on a circuit breaker, with the stock now up 78.7%.

Portfolio Pulse from Happy Mohamed

May 19, 2023 | 2:32 pm

WMT

Unusual options activity has been observed in Walmart (NYSE:WMT), with 10 uncommon options trades spotted, split between 50% bullish and 50% bearish. Whales have been targeting a price range of $145 to $150 for Walmart over the last 3 months.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:31 pm

PDD

A whale investor has taken a bullish stance on PDD Holdings (NASDAQ:PDD), with 50% of detected trades being bullish and 50% bearish. Whales have targeted a price range of $50 to $105 for PDD Holdings over the last 3 months. Goldman Sachs downgraded PDD to Neutral with a price target of $93, while Citigroup maintained a Buy rating with a price target of $100.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:30 pm

CINT

CTLT

FTCH

GLOB

SDA

U.S. stocks traded higher on Friday, with the Dow Jones gaining around 50 points. Several big stocks recorded gains, including SunCar Technology, Farfetch, Catalent, CI&T, and Globant, following positive news such as better-than-expected Q1 results and stock repurchase programs.

Portfolio Pulse from Lisa Levin

May 19, 2023 | 2:30 pm

ADBE

Adobe (NASDAQ:ADBE) has outperformed the market over the past 15 years, producing an average annual return of 15.51%. A $1000 investment in ADBE 15 years ago would be worth $8,848.48 today.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:30 pm

ACGL

Arch Capital Group (NASDAQ:ACGL) has outperformed the market over the past 15 years, producing an average annual return of 16.4%. A $100 investment in ACGL 15 years ago would be worth $980.27 today.

Portfolio Pulse from Benzinga Insights

May 19, 2023 | 2:30 pm

PLNT

Planet Fitness (NYSE:PLNT) shares rose in premarket trading after a recent selloff due to disappointing earnings. RBC Capital Markets analyst Christopher Carril initiated coverage with an Outperform rating and a price target of $86, citing the company's highly franchised model and potential for sustained earnings growth in a post-COVID-19 environment.

Portfolio Pulse from Priya Nigam

May 19, 2023 | 2:25 pm