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Stock Prices

SFHG

The trading halt for an IPO security has been updated, and the security is now released for quotation as of 12:15:00 PM ET.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:15 pm

ADBE

Adobe Inc (NASDAQ: ADBE) is expected to benefit from new product announcements and AI monetization opportunities unveiled at the MAX 2024 Creativity Conference. Analysts have mixed ratings on Adobe, with some seeing potential for the company to transition from a laggard to a leader in the industry. The introduction of the Firefly Video Model and other AI-powered features are seen as key growth drivers.

Portfolio Pulse from Chris Katje

October 15, 2024 | 4:14 pm

MGTX

MeiraGTx Holdings plc (NASDAQ:MGTX) announced positive results from its clinical study of AAV-GAD for Parkinson's disease, showing significant improvements in key efficacy endpoints. The study demonstrated safety and tolerability, with the high-dose group showing notable improvements in motor function and quality of life scores. MGTX stock rose 13.2% following the news.

Portfolio Pulse from Vandana Singh

October 15, 2024 | 4:13 pm

OKLO

Oklo's shares rise as the DOE approves its safety design report for the Aurora fuel fabrication facility, advancing its commercial powerhouse plans. Cruise stocks also see gains.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:12 pm

SLRX

Salarius Pharmaceuticals experienced a trading halt due to a significant downside movement, but the stock has since rebounded and is now up by 23.26%.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:10 pm

SPY

Federal Reserve's Daly stated that the lack of dissents in Fed decisions does not imply full agreement among officials. This suggests potential internal differences in views on monetary policy, which could impact market expectations.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:10 pm

ELV

UNH

Elevance Health's shares fell by 3.8% following UnitedHealth Group's earnings report, which highlighted competitive pressures. UnitedHealth's strong performance and market share gains pose challenges for Elevance, impacting its stock. Both companies face rising medical costs and regulatory scrutiny.

Portfolio Pulse from Henry Khederian

October 15, 2024 | 4:07 pm

ADDYY

NKE

Adidas reported strong Q3 results, with a 10% YoY increase in currency-neutral revenues and a 7% increase in Euro revenues to €6.44B. Excluding Yeezy, revenues rose 14%. The gross margin improved to 51.3%, and operating profit increased to €598M, including €50M from Yeezy inventory sales. Adidas raised its FY operating profit expectation to around €1.2B and revenue growth forecast to 10%.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:06 pm

TVGN

Tevogen Bio shares have resumed trading, which may indicate a resolution of previous issues or new developments within the company.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 4:02 pm

SLVM

Analysts have varied opinions on Sylvamo (NYSE:SLVM), with recent ratings showing a shift towards bullish sentiment. The average 12-month price target has increased by 18.4% to $85.25. Analysts have adjusted their ratings and price targets, reflecting Sylvamo's strong financial performance, including a high net margin and ROE.

Portfolio Pulse from Benzinga Insights

October 15, 2024 | 4:01 pm