Streetbeat News

Stock Prices

FSRN

Fisker, Inc. (OTC:FSRN) has filed for Chapter 11 bankruptcy protection, leading to a significant drop in its stock price. The company is in discussions for debtor-in-possession financing and aims to continue reduced operations. Fisker shares have fallen 53% to 2 cents, with heavy trading volume.

Portfolio Pulse from Erica Kollmann

June 18, 2024 | 7:39 pm

BA

Boeing CEO has announced that unionized IAM workers will definitely receive a raise.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 7:37 pm

BTCUSD

ETHUSD

Cryptocurrency trader smileycapital provides insights on the current crypto market, predicting a bottoming process for altcoins and a range-bound nature for Bitcoin. Ethereum is expected to perform well against Bitcoin, with potential renewed interest in Q4. Active traders are advised to focus on profit-taking, while passive investors should consider long-term positions in undervalued altcoins.

Portfolio Pulse from Khyathi Dalal

June 18, 2024 | 7:35 pm

XOM

IIR Energy reports that Exxon Mobil's 630,000 barrel/day Beaumont refinery is experiencing issues due to a loss of steam.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 7:34 pm

SPY

Federal Reserve's Goolsbee commented that the fiscal dysfunction in Washington is heavily rooted in voters' own thinking.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 7:31 pm

OKTA

Recent options trading activity indicates a bearish sentiment among large investors towards Okta (NASDAQ:OKTA). Benzinga's options scanner identified 10 significant options trades, with 80% being bearish. The stock is currently trading at $87.75, down by 2.26%, and analysts have mixed ratings with an average target price of $115.0.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 7:31 pm

CAPT

Captivision has filed a prospectus with the SEC for the resale of up to 30.3 million ordinary shares by selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 7:31 pm

COIN

Deep-pocketed investors have shown a bearish sentiment towards Coinbase Glb (NASDAQ:COIN) through significant options activity. The options market indicates a divided mood with a slight bearish tilt. Analysts have downgraded their ratings, and the stock is currently down 3.02% at $237.69.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 7:31 pm

ENSG

Ensign Group (NASDAQ:ENSG) has significantly outperformed the market over the past 10 years, delivering an average annual return of 23.76%. A $100 investment in ENSG 10 years ago would now be worth $835.62. The company's current market capitalization is $6.95 billion.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 7:30 pm

VRTX

Vertex Pharmaceuticals (NASDAQ:VRTX) has significantly outperformed the market over the past 20 years, delivering an average annual return of 20.87%. A $1000 investment in VRTX 20 years ago would be worth $43,703.36 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 18, 2024 | 7:30 pm