Streetbeat News

Stock Prices

GRDI

GRIID Infrastructure shares have been halted to the upside, with the stock now up by 142.86%.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:48 pm

TRVN

Trevena shares are trading lower after initially rising on preclinical TRV045 data.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:47 pm

RNA

Avidity Biosciences (NYSE:RNA) has seen a 4.33% decrease in its short percent of float, now at 14.81%. This indicates a more bullish sentiment compared to its peers, whose average short interest is 15.21%. It would take traders 10.83 days to cover their short positions.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 3:45 pm

ZNTL

Zentalis Pharmaceuticals shares are trading higher after a previous decline due to a partial clinical hold.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:45 pm

RELI

Reliance Global shares are trading higher after the company announced an institutional investor has redeemed all of its outstanding Series B and Series G warrants.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:44 pm

PYPL

QQQ

SPY

WMT

PayPal Holdings, Inc (PYPL) has appointed Srini Venkatesan from Walmart Inc (WMT) as its new CTO, effective June 24. Venkatesan will oversee technology development and implementation across PayPal's ecosystem. Analysts have upgraded PayPal's stock rating due to the Fastlane product, which could add $1 billion—$1.5 billion in transaction margin dollars. PayPal's stock has lost over 14% in the last 12 months. Investors can gain exposure to PayPal via Invesco QQQ Trust (QQQ) and SPDR S&P 500 (SPY).

Portfolio Pulse from Anusuya Lahiri

June 20, 2024 | 3:43 pm

CMC

SLX

XME

Commercial Metals Company (NYSE:CMC) shares surged after reporting better-than-expected Q3 FY24 net sales of $2.078 billion. The company highlighted strong fundamentals in North American markets and stable performance in Europe. Adjusted EPS was in line with expectations, and the company declared a 13% Y/Y increase in its quarterly dividend. CMC also repurchased $51.8 million worth of stock. Investors can gain exposure via VanEck Steel ETF (NYSE:SLX) and SPDR S&P Metals & Mining ETF (NYSE:XME).

Portfolio Pulse from Lekha Gupta

June 20, 2024 | 3:37 pm

WHLR

Wheeler Real Estate Investment Trust (WHLR) shares are trading lower after the company amended its reverse stock split ratio from 1-for-6 to 1-for-5.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:36 pm

MGOL

MGO Global Inc. shares are trading higher following the announcement of a business combination agreement with Heidmar.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:35 pm

ALUR

Allurion shares are trading higher following the publication of a study that reported an average lean mass gain of 5.6% and an average weight loss of 14% in patients after four months on the Allurion Program.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 3:33 pm