Streetbeat News

Stock Prices

LDOS

Leidos Holdings (NYSE:LDOS) has received diverse analyst ratings over the past three months, with a majority being bullish. Analysts have raised their 12-month price targets, indicating a positive outlook. The company's financial performance shows strong profitability and effective cost management, though it carries a substantial amount of debt.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 3:00 pm

PTHL

The trading halt for an IPO security has been updated, and the security is now released for quotation as of 11:00 AM ET.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:00 pm

EAST

Eastside Distilling, Inc. (NASDAQ:EAST) shares surged after announcing a merger with Beeline Financial Holdings, a mortgage tech company. The deal includes a debt-for-equity exchange and asset sale, eliminating Eastside's debt and providing growth capital. EAST shares rose 249.9% on heavy trading volume.

Portfolio Pulse from Erica Kollmann

September 05, 2024 | 2:58 pm

DSY

Big Tree Cloud Holdings has resumed trading of its shares. The article does not provide further details on the reasons for the halt or the implications for the company.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:56 pm

DSY

Big Tree Cloud Holdings experienced a trading halt due to a circuit breaker as its stock initially surged, but it is now down by 39%.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:55 pm

SGLY

Shares of Singularity Future Technology (SGLY) were halted due to a circuit breaker as the stock plummeted by 63%.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:55 pm

GIII

G-III Apparel Group reported a strong Q2 with adjusted EPS of 52 cents, beating expectations. Despite a slight revenue miss, the company reduced inventories by 24% and raised its annual EPS outlook. A new licensing agreement with Converse is expected to boost future growth.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2024 | 2:52 pm

CELH

PEP

Celsius Holdings (NASDAQ:CELH) shares are trading flat after a 12% drop due to a reported decline in sales to PepsiCo (NASDAQ:PEP). Analysts have adjusted their price targets, with Stifel lowering from $61 to $51 and Piper Sandler from $65 to $50. Despite the drop, analysts maintain mostly positive ratings with an average price target of $67.67.

Portfolio Pulse from Erica Kollmann

September 05, 2024 | 2:47 pm

NIO

NIO Inc. shares rose by 8.37% following the release of strong Q2 2024 financial results, showing significant revenue growth and reduced net losses. The company also provided a positive outlook for Q3 2024, with expected increases in vehicle deliveries and revenues.

Portfolio Pulse from Vaishali Prayag

September 05, 2024 | 2:45 pm

BNO

USO

Oil prices are rising as OPEC+ is reportedly close to agreeing on delaying its planned output increase. This development is likely to impact oil-related ETFs such as BNO and USO.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:43 pm