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Stock Prices

BANL

BORR

CLCO

CLMT

CRK

NFE

TBN

Oil and gas stocks are declining due to supply disruptions in Libya, weak demand in China, and unexpected inventory data.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:47 pm

MSTR

MicroStrategy (NASDAQ:MSTR) is experiencing significant bearish sentiment from large investors, as revealed by Benzinga's options scanner. The options activity is unusually high, with 51% of trades being bearish. The stock is currently down 5.49% at $132.33, with analysts providing mixed ratings and price targets.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 5:46 pm

ADBE

Recent options activity for Adobe (NASDAQ:ADBE) shows a bearish sentiment among large investors, with 52% of trades being bearish. The stock is currently down 1.22% at $560.89, and analysts have set a target price of $600. The next earnings report is due in 15 days.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 5:45 pm

PANW

Deep-pocketed investors are showing a bearish sentiment towards Palo Alto Networks (NASDAQ:PANW) through significant options activity. The options activity includes 14 extraordinary trades, with 42% of investors leaning bearish. The price target for PANW is between $195.0 and $540.0. Analysts have mixed ratings, with target prices ranging from $350 to $416.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 5:45 pm

BA

ITA

LMT

NOC

PPA

XAR

Nine Palestinians were killed as Israeli forces conducted major raids in the West Bank, escalating tensions in the region. Defense stocks showed mixed performance, with Lockheed Martin gaining and Boeing slipping.

Portfolio Pulse from Michael Juliano

August 28, 2024 | 5:45 pm

MSOS

The DEA has delayed the rescheduling of marijuana, pushing the decision potentially past the 2024 election. Congressman Blumenauer expressed disappointment but remains hopeful for future cannabis policy changes. The news led to a significant drop in the AdvisorShares Pure US Cannabis ETF (NASDAQ:MSOS).

Portfolio Pulse from Jelena Martinovic

August 28, 2024 | 5:43 pm

ANF

FL

NKE

UA

Nike shares are declining, possibly in sympathy with Foot Locker and Abercrombie & Fitch, which reported earnings. Foot Locker reported a smaller-than-expected loss and Abercrombie exceeded sales and EPS estimates. The apparel sector, including Under Armour, is under pressure.

Portfolio Pulse from Dylan Berman

August 28, 2024 | 5:41 pm

CHPT

PBW

SIMS

ChargePoint Holdings, Inc. (NYSE:CHPT) is facing a challenging Q3 outlook due to industry headwinds, according to J.P. Morgan analyst Bill Peterson. The analyst expects Q3 guidance to fall below consensus, although the second half of the year may improve. Investor sentiment is cautious, but an Overweight rating is maintained. CHPT shares are down 3.54%.

Portfolio Pulse from Lekha Gupta

August 28, 2024 | 5:38 pm

SERV

Serve Robotics Inc. (NASDAQ:SERV) has closed a $20 million private placement and warrant exercise, leading to a positive impact on its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:36 pm

BA

BLDR

GE

HWM

LYFT

NVT

RUN

UAL

VRT

ZIM

The article discusses unusual options activity for several industrial stocks, highlighting potential trading opportunities. It provides details on call and put options for companies like GE, LYFT, ZIM, HWM, NVT, BA, BLDR, UAL, RUN, and VRT, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

August 28, 2024 | 5:35 pm