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Stock Prices

CUBI

Customers Bancorp shares are trading lower due to federal enforcement action requiring the company to improve its risk management practices for its digital asset strategy.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:17 pm

CMCSA

DIS

FOXA

Former President Trump has agreed to participate in debates on Fox, NBC, and ABC in September. The dates are set for September 4, 10, and 25 respectively. Vice President Kamala Harris' team needs to agree to the debate terms.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:15 pm

BLNK

CHPT

PBW

SIMS

ChargePoint Holdings, Inc. (NYSE:CHPT) shares are trading higher today following the announcement of their new EV connector solution, ChargePoint Omni Port. This innovation allows any EV to charge in any parking space without needing an additional cable. The stock has lost over 78% in the past year but is seeing a 9.44% increase today. Investors can also gain exposure to ChargePoint through SPDR S&P Kensho Intelligent Structures ETF (NYSE:SIMS) and Invesco WilderHill Clean Energy ETF (NYSE:PBW).

Portfolio Pulse from Nabaparna Bhattacharya

August 08, 2024 | 6:13 pm

LYFT

Investors with significant capital have taken a predominantly bearish stance on Lyft (NASDAQ:LYFT), as evidenced by recent options trading activity. Benzinga's options scanner identified 22 unusual options trades, with 54% being bearish. The trades include 13 puts totaling $2,601,912 and 9 calls totaling $677,932. The targeted price range for Lyft over the last three months is between $7.5 and $15.0. The current trading volume is 16,007,353, and the stock price is up by 9.2%, reaching $9.91.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 6:09 pm

BAC

Financial giants have made a bearish move on Bank of America (NYSE:BAC) with 21 unusual options trades. 57% of these trades were bearish, focusing on a price range between $23.0 and $42.0. BAC is currently trading at $38.13, up by 2.24%. Analysts have mixed ratings with a consensus target price of $44.4.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 6:09 pm

INDI

PRIMECAP Management Company has reported a 10.17% stake in indie Semiconductor (INDI) as of July 31, 2024, according to an SEC 13G filing.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:07 pm

SAVA

Cassava Sciences (SAVA) shares see increased volume as traders circulate unconfirmed analyst comments suggesting confirmed guidance for the completion of its first pivotal Alzheimer's trial by the end of 2024 and a potential settlement of an SEC investigation. Analysts reiterate their buy rating and $107 price target.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:04 pm

IYG

JPM

XLF

JPMorgan Chase & Co. (NYSE:JPM) has launched the JPMorgan Fundamental Data Science (FDS) Suite, which includes three new active ETFs on the Nasdaq Stock Exchange. These ETFs leverage data science for portfolio construction and target core equity segments. The launch is part of JPMorgan's strategy to use advanced data science techniques to navigate complex markets. Additionally, JPMorgan Payments is expanding its collaboration with PopID to introduce in-store biometric payment technology.

Portfolio Pulse from Lekha Gupta

August 08, 2024 | 6:02 pm

AMPH

Amphastar Pharmaceuticals shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 6:01 pm

PTVE

Pactiv Evergreen (NASDAQ:PTVE) has received mixed analyst ratings over the past three months, with a recent trend of lowered price targets. Analysts have provided a range of 12-month price targets, with an average of $14.0, down from a previous average of $16.20. The company faces challenges in revenue growth, net margin, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 6:01 pm