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Stock Prices

ARDT

Ardent Health Partners (ARDT) opened at $15 per share, below its IPO price of $16.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 4:40 pm

MRK

Kevin Simpson announced on CNBC that he has sold calls on Merck & Co. (MRK).

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 4:38 pm

CG

The Carlyle Group (CG) has seen an increase in trading volume, indicating heightened investor interest. This was discussed live on CNBC, where a committee also talked about strategies involving major banks.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 4:33 pm

BTCUSD

A recent poll on the Reddit MtGox forum reveals that a majority of Mt. Gox creditors plan to hold onto their Bitcoin compensation rather than selling it immediately. This comes as the distribution of Bitcoin from the defunct exchange begins, with significant transactions already executed.

Portfolio Pulse from Murtuza Merchant

July 18, 2024 | 4:33 pm

LLY

Eli Lilly and Company (NYSE:LLY) shares are down 6.39% on Thursday, likely due to competition concerns following positive weight loss data from Roche's Phase I clinical trial for CT-996, a treatment for type 2 diabetes and obesity.

Portfolio Pulse from Dylan Berman

July 18, 2024 | 4:32 pm

MRVL

Deep-pocketed investors have shown unusual options activity for Marvell Tech (NASDAQ:MRVL), with a significant number of both bullish and bearish trades. The options activity suggests a price range of $55.0 to $82.5 for MRVL. The stock is currently up 2.66% at $69.74, with an average analyst target price of $95.0.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 4:32 pm

FSLR

First Solar (NASDAQ:FSLR) has significantly outperformed the market over the past 5 years, delivering an average annual return of 25.96%. A $1000 investment in FSLR 5 years ago would be worth $3,161.74 today. The company's current market capitalization is $22.54 billion.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 4:30 pm

VRT

Vertiv Holdings (NYSE:VRT) has significantly outperformed the market over the past 5 years, delivering an average annual return of 51.14%. A $100 investment in VRT 5 years ago would now be worth $788.73, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 18, 2024 | 4:30 pm

CHUY

DRI

Chuy’s Holdings, Inc. (NASDAQ:CHUY) shares are trading higher after Darden Restaurants, Inc. (NYSE:DRI) announced it will acquire the company for $37.50 per share in an all-cash transaction valued at approximately $605 million. The acquisition is expected to be completed in Darden’s fiscal second quarter, subject to customary closing conditions. Chuy’s shares are up 47.8% on heavy trading volume.

Portfolio Pulse from Erica Kollmann

July 18, 2024 | 4:28 pm

QQQ

SPY

UUP

Chicago Fed President Austan Goolsbee expressed confidence in the declining inflation trend but refrained from committing to a September rate cut. Despite his optimistic outlook, the U.S. stock market experienced a decline, with major indices and ETFs like SPY and QQQ falling.

Portfolio Pulse from Piero Cingari

July 18, 2024 | 4:28 pm