Streetbeat News

Stock Prices

FELE

Franklin Electric shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:43 pm

JAGX

Jaguar Health, Inc. (NASDAQ:JAGX) shares are plummeting after the company announced that its phase 3 OnTarget trial for crofelemer did not meet its primary endpoint. The trial aimed to address diarrhea in cancer patients undergoing therapy but failed due to the heterogeneous nature of the patients. Despite this, some benefits were observed in patients with breast and respiratory cancers. The stock is experiencing heavy trading volume, with shares down 56.2% at $1.87.

Portfolio Pulse from Erica Kollmann

July 23, 2024 | 4:39 pm

TCNNF

New cannabis dispensaries are opening across the U.S., including Trulieve's new store in Pennsylvania, Dark Horse Cannabis's headquarters in Arkansas, Bloom Montana's new location in Bozeman, and Snoop Dogg's first licensed store near LAX. Trulieve is expanding its footprint in Pennsylvania, potentially positioning itself for recreational legalization.

Portfolio Pulse from Jelena Martinovic

July 23, 2024 | 4:39 pm

PRK

Park National shares are trading higher after the company reported better-than-expected Q2 EPS results.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:37 pm

CSTM

Constellium shares are trading lower after the company reported Q2 financial results and announced a pause in its FY24 adjusted EBITDA guidance due to flooding at its facilities.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:36 pm

GOOGL

LYFT

UBER

Waymo, a subsidiary of Alphabet Inc. (GOOGL), has launched its Zeekr robotaxi in San Francisco. This move marks a significant step in the autonomous vehicle industry, potentially impacting competitors like Uber (UBER) and Lyft (LYFT).

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:34 pm

ADI

AOSL

GFS

NXPI

ON

PI

STM

TXN

Shares of semiconductor stocks are trading lower in possible sympathy with NXP Semiconductors, which reported mixed Q2 earnings and soft Q3 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 4:31 pm

LB

LandBridge Co LLC (NYSE:LB) shares have been volatile since their IPO last month. Analysts from Goldman Sachs and Piper Sandler have initiated coverage with differing ratings. Goldman Sachs has a Buy rating with a $35 price target, citing high free cash flow and growth potential in the Permian Basin and data centers. Piper Sandler has a Neutral rating with a $30 price target, noting the company's capital-light model and potential in data centers due to federal regulations on flaring excess gas.

Portfolio Pulse from Priya Nigam

July 23, 2024 | 4:30 pm

SAVA

Cassava Sciences (NASDAQ:SAVA) has significantly outperformed the market over the past 5 years, delivering an average annual return of 56.63%. A $1000 investment in SAVA 5 years ago would be worth $9,083.94 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 4:30 pm

MCD

McDonald's (NYSE:MCD) has outperformed the market over the past 20 years with an average annual return of 11.83%, surpassing the market by 3.43% annually. A $1000 investment in MCD 20 years ago would be worth $9,446.77 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 23, 2024 | 4:30 pm