Streetbeat News

Stock Prices

APCA

AP Acquisition shares have resumed trading after a temporary halt. This development is significant for investors monitoring the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:26 pm

TSLA

Tesla's new Model 3 Long Range now qualifies for the full $7,500 Federal EV credit in the US, reducing its starting price to $39,990.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:23 pm

BNTX

BioNTech SE's (NASDAQ:BNTX) stock is trading lower due to a partial clinical hold placed by the FDA on a Phase 1 trial of the antibody-drug conjugate product candidate BNT326/YL202, which is being developed in partnership with MediLink Therapeutics. The hold affects the enrollment of new patients in the U.S. due to safety concerns at higher doses.

Portfolio Pulse from Vandana Singh

June 17, 2024 | 5:22 pm

BABA

BABAF

Alibaba Group Holding Ltd (NYSE:BABA) is nearing a Golden Cross, signaling potential bullish momentum. Despite recent bearish trends, Alibaba's robust e-commerce business, significant AI capabilities, and expansion in the Chinese cloud industry are noteworthy growth drivers. The company's strong financial position and strategic investments in AI and cloud computing indicate a promising outlook.

Portfolio Pulse from Surbhi Jain

June 17, 2024 | 5:22 pm

ASTS

T

VZ

AST SpaceMobile (NASDAQ:ASTS) shares are trading higher, adding to gains of over 110% in the last month. The rally began in mid-May after the company reported Q1 financial results and signed a commercial agreement with AT&T (NYSE:T) to develop a space-based broadband network. Positive analyst coverage and a strategic partnership with Verizon (NYSE:VZ) have further fueled the stock's rise.

Portfolio Pulse from Dylan Berman

June 17, 2024 | 5:22 pm

ALLG

AVTE

KAVL

MBIO

OVID

SCNI

TAK

TRNR

WKHS

Ovid Therapeutics shares dropped 65.7% after Takeda's Skyline study in Dravet syndrome missed its primary endpoint. Other notable stock movements include Interactive Strength, Mustang Bio, Allego, and Scinai Immunotherapeutics among gainers, and Aerovate Therapeutics, Kaival Brands Innovations, and Workhorse Group among losers.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 5:21 pm

FLUT

Flutter Entertainment shares are trading higher due to optimism that New Jersey will not introduce new taxes in its 2025 budget and the U.S. Supreme Court's decision to deny hearing the Florida sports betting case, potentially accelerating other state launches.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:15 pm

DKNG

DraftKings shares are rising due to optimism that New Jersey will not introduce new taxes in its 2025 budget and the U.S. Supreme Court's decision to deny hearing the Florida sports betting case, potentially accelerating state launches.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:14 pm

PFE

Pfizer faces a lawsuit from Kansas for allegedly misleading claims about the safety and effectiveness of its COVID-19 vaccine. The lawsuit accuses Pfizer of violating consumer protection laws by marketing the vaccine as safe despite knowing about serious adverse events and waning efficacy. The suit claims Pfizer's misrepresentations helped it achieve record revenues.

Portfolio Pulse from Vandana Singh

June 17, 2024 | 5:13 pm

TEM

Tempus AI shares are experiencing a decline due to post-IPO volatility.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:09 pm