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Stock Prices

ONMD

OneMedNet shares are trading higher following the announcement of a $4.6 million private placement.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:18 pm

AON

Aon shares are trading higher after the company reported better-than-expected Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:18 pm

CGC

CRON

CWBHF

MAPS

TLLTF

Several cannabis companies, including Canopy Growth Corporation, WM Technology, Inc., Charlotte's Web Holdings, Inc., Cronos Group Inc., and TILT Holdings Inc., are set to report their earnings for the second quarter of 2024. Canopy Growth is expanding in Europe and has established an at-the-market equity program. WM Technology expects stable sales but lower EBITDA due to increased marketing spend. Charlotte's Web faced a significant revenue decline in the first quarter. Cronos Group saw a 30% increase in net revenue, driven by sales in Canada and Israel. TILT Holdings experienced disruptions in the vape hardware segment but sees growth opportunities in hemp-derived vapes.

Portfolio Pulse from Jelena Martinovic

July 26, 2024 | 2:16 pm

ACHR

Archer Aviation (NYSE: ACHR) has seen a 15.04% increase in its short percent of float, now at 26.01%. This indicates a bearish sentiment among investors, as it would take traders 4.83 days to cover their short positions. The company's short interest is significantly higher than its peers, whose average is 7.65%.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 2:15 pm

KNSL

Kinsale Capital Group shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:13 pm

VALE

Vale's CEO expressed confidence in the company's H1 results, reinforcing their commitment to meet the top end of their 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 2:12 pm

BFI

COUR

NBY

NMHI

TANH

WINT

U.S. stocks surged with the Dow Jones gaining over 550 points, driven by a drop in the headline PCE price index to 2.5%. Windtree Therapeutics, BurgerFi International, and Coursera saw significant stock price increases, while NovaBay Pharmaceuticals, Tantech Holdings, and Nature’s Miracle Holding experienced sharp declines.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 2:10 pm

CHWY

GME

Famed short seller Andrew Left, founder of Citron Research, has been charged with fraud for allegedly manipulating stock prices for personal gain. Federal prosecutors claim Left used his influence to publicize his bets, set ambitious price targets, and then quickly close his positions. The SEC has also filed a civil lawsuit against Left and Citron for a $20 million scheme to defraud followers. This indictment could lead to increased scrutiny and regulation of short selling.

Portfolio Pulse from Michael Cohen

July 26, 2024 | 2:08 pm

LULU

Financial giants have shown unusual bearish options activity for Lululemon Athletica (NASDAQ:LULU), with 19 unusual trades identified. The majority of these trades were puts, indicating a bearish sentiment. Analysts have mixed ratings on the stock, with target prices ranging from $220 to $470.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 2:02 pm

NOW

Whales have shown a bullish stance on ServiceNow (NYSE:NOW) with significant options activity. 40% of trades were bullish and 40% bearish, with a price range expectation between $670 and $880. Analysts have mixed ratings, with a consensus target price of $824.2.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 2:02 pm