Streetbeat News

Stock Prices

TREX

In the past three months, 5 analysts have shared their insights on Trex Co (NYSE:TREX), with opinions ranging from bullish to bearish. The average 12-month price target is $98.8, down from $100.40. Key analysts have adjusted their ratings and price targets, reflecting their reactions to recent developments. Trex Co has shown strong financial performance with significant revenue growth, high net margins, and effective debt management.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 3:00 pm

BNBUSD

BNB's price has decreased by 3.28% over the past 24 hours to $557.27, continuing its downward trend over the past week. Trading volume has increased by 33.0% over the past week, while the circulating supply remains unchanged. BNB's market cap is currently ranked #4 at $85.81 billion.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 3:00 pm

AMZN

Jeff Bezos plans to sell $5 billion worth of Amazon stock, which could impact the stock's short-term price due to increased supply and potential investor concerns.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 2:58 pm

AEM

CDE

EGO

EXK

FNV

GFI

GOLD

HL

IAG

KGC

MUX

PAAS

SBSW

WPM

Shares of precious metals stocks are trading higher as gold and silver rise amid a drop in the dollar following key US economic data.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 2:58 pm

BABA

FUTU

FXI

KWEB

Futu Holdings Limited (NASDAQ:FUTU) stock is trading higher due to a tech rally led by Alibaba Group Holding Limited (NYSE:BABA) in Hong Kong. Futu also announced its wealth management business has surpassed $10 billion in assets under management. Investors can gain exposure to the Chinese equity market via iShares China Large-Cap ETF (NYSE:FXI) and KraneShares CSI China Internet ETF (NYSE:KWEB).

Portfolio Pulse from Anusuya Lahiri

July 03, 2024 | 2:55 pm

NIO

TSLA

Tesla and BYD reported their second-quarter EV production and delivery figures, with Tesla surpassing Wall Street estimates despite a YoY decline, while BYD set new sales records. Nio also reported record deliveries, indicating strong competition in the EV market.

Portfolio Pulse from Upwallstreet

July 03, 2024 | 2:52 pm

DECA

SCLX

Semnur Pharmaceuticals, a subsidiary of Scilex Holding Company (NASDAQ:SCLX), has signed a $2 billion SPAC deal with Denali Capital Acquisition Corp. (NASDAQ:DECA) to go public. Semnur focuses on non-opioid pain therapies and has a promising lead program, SP-102 (SEMDEXA), which has shown positive Phase 3 trial results for treating sciatica. The deal is expected to be completed in the second half of 2024, with potential peak sales of $3.6 billion annually.

Portfolio Pulse from Vandana Singh

July 03, 2024 | 2:51 pm

KOSS

Koss shares are trading higher due to increased interest from retail investors.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 2:51 pm

CMC

Commercial Metals (NYSE:CMC) has seen a 24.67% increase in its short percent of float, now at 3.74% of all regular shares available for trading. This indicates a more bearish sentiment among investors. However, its short interest is still below the peer group average of 6.43%.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 2:45 pm

EME

EMCOR Group (NYSE:EME) has seen a 50% increase in its short percent of float, now at 2.25%. This indicates a rise in bearish sentiment, although it remains below the peer group average of 5.43%. Traders should be aware of the increased short interest.

Portfolio Pulse from Benzinga Insights

July 03, 2024 | 2:45 pm