Streetbeat News

Stock Prices

VIEW

View announces plans for a reverse stock split to ensure full compliance with Nasdaq listing rules. The company will seek stockholder approval at its 2023 annual meeting, with potential split ratios ranging from 40-for-1 to 60-for-1.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 9:19 pm

ODFL

Old Dominion Freight Line (ODFL) reported a 15.7% decrease in revenue per day in May, primarily due to a 14.4% decrease in LTL tons per day. The results reflect continued softness in the domestic economy and a decrease in fuel surcharge revenue.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 9:16 pm

D

Dominion Energy Inc (NYSE:D) received an upgrade from Neutral to Buy by analyst Angie Storozynski, following robust growth projections. The company is conducting a business review to identify efficient capital sources to improve its balance sheet and fund capital expenditure. The stock's P/E discount is considered excessive due to EPS upside from asset sales and AI-driven load growth.

Portfolio Pulse from Priya Nigam

June 05, 2023 | 9:13 pm

COTY

Coty will present at the 2023 Deutsche Bank Global Consumer Conference on June 6, 2023, and plans to reiterate its confidence in its guidance previously shared on May 9, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 9:08 pm

CGC

NDVAF

S&P Dow Jones Indices announced the removal of Canopy Growth Corporation (NASDAQ:CGC) from the S&P/TSX Composite Index, effective June 19. Canopy's shares have significantly dropped in value over the past two years. Despite struggles, Canopy recently acquired a nearly 20% stake in Canadian cannabis edibles company Indiva Limited (OTCPK: NDVAF).

Portfolio Pulse from Nicolás Jose Rodriguez

June 05, 2023 | 9:05 pm

SKWD

Westaim Corporation is offering 3.85 million shares of Skyward Specialty Insurance's common stock in a public offering. Other stockholders have granted underwriters a 30-day option to purchase up to an additional 577,500 shares.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 9:02 pm

ZG

Over the past 3 months, 10 analysts have published their opinions on Zillow Gr (NASDAQ:ZG) stock, with an average 12-month price target of $49.4. The average price target has increased by 10.27% over the past month.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 9:02 pm

TNDM

In the last quarter, Tandem Diabetes Care (NASDAQ:TNDM) received 1 bullish, 3 indifferent, and 1 somewhat bearish analyst rating. The average price target is $40.2, compared to the current price of $24.25, implying an upside. The average price target has decreased by 12.13% from the previous average of $45.75.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 9:02 pm

PACB

Over the past 3 months, 6 analysts have published their opinion on Pacific Biosciences (NASDAQ:PACB) stock, with an average 12-month price target of $14.67. The average price target has increased by 14.61% over the past month.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 9:01 pm

T

In the last quarter, AT&T (NYSE:T) received 3 bullish, 1 somewhat bullish, and 3 indifferent ratings from analysts. The average 12-month price target for AT&T is $21.43, a 2.59% decrease from the previous average of $22.00.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 9:00 pm