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IEP

The SEC has charged Carl Icahn and Icahn Enterprises L.P. for not disclosing pledges of the company's securities as collateral for personal loans. This news could impact Icahn Enterprises L.P. stock. Additionally, stocks linked to Mpox continue to rise.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:53 pm

IEP

Hindenburg Research reports that Icahn Enterprises is under SEC investigation for not disclosing margin loan details. The company is accused of operating a Ponzi-like structure, has reported a nearly $1 billion loss, yet continues to pay high distributions and trades at a significant premium. Hindenburg remains short on IEP.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:53 pm

ALGS

Aligos Therapeutics shares rose after HC Wainwright & Co initiated coverage with a Buy rating and set a price target of $75.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:49 pm

GOVX

GeoVax Labs shares rose after Noble Capital Markets maintained an Outperform rating and increased the price target from $6 to $10.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:47 pm

ANET

Unusual options activity has been observed for Arista Networks (NYSE:ANET), with a significant amount of bullish sentiment from big-money traders. The options trades include 9 puts and 1 call, indicating a price range of $240 to $330. Analysts maintain positive ratings with target prices ranging from $340 to $390.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 2:45 pm

CLSK

Investors are showing interest in Cleanspark (NASDAQ:CLSK) with significant options trades detected, indicating a mixed sentiment but a general bullish outlook. The options activity suggests a price target range of $10.0 to $16.0. Analysts have set a consensus target price of $25.0 for CLSK.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 2:45 pm

WLDS

Wearable Devices shares rose as the company announced the expansion of its Mudra Band support to all Apple devices.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:39 pm

VRAX

Virax Biolabs shares have resumed trading, which could indicate a resolution of previous issues or new developments for the company.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 2:34 pm

RILY

Significant options trading activity has been detected for B. Riley Financial (NASDAQ:RILY), with a mix of bullish and bearish sentiment. The trading volume and open interest suggest a focus on a price range between $2.5 and $17.5. The stock is currently down 15.92% at $4.92, and RSI indicators suggest it may be oversold. The next earnings report is expected in 11 days.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 2:30 pm

BKNG

Booking Holdings (NASDAQ:BKNG) has significantly outperformed the market over the past 20 years, with an annualized return of 29.35%. A $1000 investment in BKNG 20 years ago would be worth $168,853.61 today. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

August 19, 2024 | 2:30 pm