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Stock Prices

CNI

Canadian National Railway (NYSE:CNI) shares traded lower following a train derailment in Matteson, Illinois. No injuries were reported, but a 'white powdery substance' was seen leaking. Residents are under a mandatory evacuation order. CNI shares have decreased by 2.53% in the past year and are down 0.76% at $117.34.

Portfolio Pulse from Erica Kollmann

June 27, 2024 | 7:45 pm

BRCC

Traders are closely monitoring BRC Inc. (BRCC) after Tucker Carlson mentioned the company as a sponsor in a recent X post. This mention could influence investor sentiment and trading activity around BRCC.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:41 pm

SPY

IMF's Georgieva suggests the potential for one Federal Reserve rate cut in 2024, with further cuts possible in 2025. This could impact market sentiment and investor expectations.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:34 pm

ABT

Financial giants have made significant bullish moves on Abbott Laboratories (NYSE: ABT) options, with 50% of traders being bullish. The price target for ABT is between $100.0 and $115.0. The stock is currently priced at $104.26, down 0.59%. Analysts have set an average price target of $123.0, with recent downgrades from Goldman Sachs and RBC Capital.

Portfolio Pulse from Benzinga Insights

June 27, 2024 | 7:33 pm

AE

Mark Keith Holdsworth has reported a 5.3% stake in Adams Resources & Energy Inc as of June 26. He seeks to engage in discussions with Adams on board composition, management, financial condition, and strategic plans.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:25 pm

FUN

SIX

Six Flags Entertainment shares are trading higher following the announcement that regulatory conditions for its merger with Cedar Fair have been satisfied.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:24 pm

FUN

SIX

Cedar Fair shares are trading higher after the company announced that the regulatory conditions for its merger of equals with Six Flags Entertainment have been satisfied.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 7:23 pm

DKNG

WBD

The first 2024 presidential debate will be hosted by CNN, owned by Warner Bros. Discovery (NASDAQ:WBD), and will feature interactive elements like a bingo game and a drinking game by the New York Post. DraftKings Inc (NASDAQ:DKNG) is offering a $10,000 prediction contest for the debate. Polymarket is also offering cryptocurrency-based prediction markets for the debate.

Portfolio Pulse from Chris Katje

June 27, 2024 | 7:21 pm

ADAUSD

BTCUSD

ETHUSD

LTCUSD

SHIBUSD

Trade The Flow, a crypto researcher, suggests long/short pair trading strategies in the current sideways crypto market. He recommends long positions on Bitcoin and Ethereum, and short positions on Litecoin and Cardano. He also suggests longing Pendle and Pepe, while shorting Ondo Finance and Shiba Inu.

Portfolio Pulse from Khyathi Dalal

June 27, 2024 | 7:04 pm

LIN

Significant options activity has been observed for Linde (NASDAQ:LIN), with a majority of trades being bullish. This unusual activity suggests that investors are anticipating a potential price movement for Linde within the range of $415 to $480. The overall sentiment is 72% bullish and 18% bearish.

Portfolio Pulse from Benzinga Insights

June 27, 2024 | 7:01 pm