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BWAQ

Blue World Acquisition Corp (BWAQ) shares resumed trading but were halted again due to a circuit breaker triggered by a significant drop. The stock is now down 24.6%.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:38 pm

WFC

Wells Fargo shares are trading higher after the company increased its dividend.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:36 pm

NFE

New Fortress Energy shares are trading lower after the company announced a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to a U.S. middle-market infrastructure fund.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:35 pm

BWAQ

Blue World Acquisition Corp (BWAQ) experienced a significant drop in its stock price, triggering a circuit breaker halt. The stock is now down by 20.6%.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:34 pm

JPM

JPMorgan Chase shares are trading higher after the company raised its dividend and authorized a buyback program.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:34 pm

NEP

NextEra Energy Partners shares are trading lower after RBC Capital downgraded the stock from Outperform to Sector Perform and lowered its price target from $38 to $30.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:33 pm

BWAQ

TOYO

TOYO Co., Ltd, a solar solution company, has completed its business combination with Blue World Acquisition Corporation. TOYO's ordinary shares will start trading on Nasdaq under the ticker symbol 'TOYO' on July 2, 2024. The warrants of TOYO will trade on the OTC Markets.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 7:32 pm

BA

SPR

Spirit AeroSystems Holdings, Inc. (NYSE:SPR) shares are trading higher following news of its acquisition by Boeing (NYSE:BA) for $37.25 per share. The deal, valued at approximately $4.7 billion in equity and $8.3 billion including net debt, aims to support U.S. defense programs and supply chain stability. Airbus SE will acquire certain commercial work packages from Spirit concurrently with the merger. The transaction is expected to close by mid-2025, pending regulatory approvals and shareholder consent.

Portfolio Pulse from Vaishali Prayag

July 01, 2024 | 7:32 pm

MMM

Investors with significant capital have taken a bullish stance on 3M (NYSE:MMM), as observed through unusual options activity. Benzinga's options scanner identified 8 uncommon trades, with a mix of bullish and bearish sentiments. Analysts have recently upgraded 3M's stock, with a consensus target price of $122.5.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 7:31 pm

UPS

Recent unusual options activity for United Parcel Service (NYSE:UPS) shows a mixed sentiment among investors, with significant trades in both puts and calls. The price range targeted by these trades is between $115.0 and $150.0. UPS is currently trading at $135.74, down by 0.81%, with a neutral RSI. Analysts have mixed ratings, with price targets ranging from $145 to $156.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 7:31 pm