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EARN

Ellington Credit has postponed its 2024 Annual Meeting of Shareholders, which was originally scheduled for September 26, 2024. This decision may impact investor sentiment and the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:50 pm

SNOW

Snowflake Inc. (NYSE:SNOW) shares fell in after-hours trading following the announcement of a $2 billion private placement of senior convertible notes. The company plans to offer $1 billion in notes due 2027 and another $1 billion due 2029, with options for additional purchases. Snowflake's stock is trading below its 50-day moving average and near its 52-week low. Analysts have a positive outlook with an average price target of $166.93, suggesting potential upside.

Portfolio Pulse from Erica Kollmann

September 23, 2024 | 8:49 pm

VST

Financial giants have shown a bullish interest in Vistra (NYSE:VST) with significant options trading activity. Despite mixed sentiment among traders, the stock price has risen by 3.85% to $112.03. Analysts have set an average price target of $118.67, with some maintaining bullish ratings.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 8:45 pm

AAL

PLTR

Palantir Technologies Inc. (PLTR) shares rose as the company joined the S&P 500, replacing American Airlines Group, Inc. (AAL). Despite a downgrade from Raymond James, Palantir's stock has gained 20% over the past month due to new contracts and its S&P 500 inclusion.

Portfolio Pulse from Erica Kollmann

September 23, 2024 | 8:36 pm

NA

Nano Labs Ltd (NASDAQ:NA) will hold its 2024 Annual General Meeting on October 23, 2024, to vote on a 10-to-1 share consolidation and appoint MaloneBailey as its auditor.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:33 pm

DXF

Dunxin Financial Holdings has received a delisting notice from the NYSE, which could impact its stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:33 pm

LAZR

Luminar has announced a restructuring plan that includes a 30% reduction in its workforce since the beginning of 2024. The plan will incur $4 million to $6 million in additional costs, primarily in the third and fourth quarters of 2024.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:32 pm

GROV

Grove Collaborative Holdings shares rose following a $15 million investment from Volition Capital.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:31 pm

ISRG

Unusual options activity has been detected for Intuitive Surgical (NASDAQ:ISRG), with a significant amount of bullish sentiment. The options trades include 13 calls and 2 puts, indicating a price window between $410 and $495. The stock is currently trading at $489.07, up 0.59%, with RSI indicators suggesting it may be overbought. An analyst from BTIG maintains a Buy rating with a target price of $494.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 8:30 pm

BCAX

RA Capital Management LP has reported a 12.8% stake in Bicara Therapeutics as of September 16, 2024, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:30 pm