Streetbeat News

Stock Prices

APPS

Digital Turbine Inc (NASDAQ:APPS) shares fell in after-hours trading following the release of its fiscal fourth-quarter financial results. The company reported Q4 revenue of $112.22 million, missing estimates of $117.69 million, but Q4 EPS of 12 cents, beating estimates of 7 cents. Adjusted EBITDA was $12.3 million, down from $23.1 million in the previous year. Despite the mixed results, the company expects fiscal-year 2025 revenue to be between $540 million and $560 million, and adjusted EBITDA to be between $85 million and $95 million. Shares were down 8.48% at $2.05 in after-hours trading.

Portfolio Pulse from Adam Eckert

May 28, 2024 | 9:02 pm

CLMB

Four analysts have recently published ratings on Climb Global Solutions (NASDAQ:CLMB), all of which are somewhat bullish. The average 12-month price target is $72.0, reflecting a 7.46% increase from the previous average. The company's financials show strong revenue growth and profitability, but challenges in asset utilization.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 9:01 pm

CVX

HES

Hess Corp shareholders have approved a $53 billion merger with Chevron Corp, although the deal still requires regulatory approval and arbitration with Hess' partners in Guyana. Both HES and CVX shares saw slight increases following the news.

Portfolio Pulse from Erica Kollmann

May 28, 2024 | 8:54 pm

CRWD

Deep-pocketed investors have shown a bearish sentiment towards CrowdStrike Holdings (NASDAQ:CRWD) based on significant options activity. Benzinga's options scanner highlighted 78 extraordinary options activities, with 55% of the sentiment being bearish. The trading activity suggests a price target range of $80.0 to $430.0. The current market status shows CRWD down by -1.44% at $346.4, with RSI indicators hinting it may be overbought. Analysts have mixed opinions, with price targets ranging from $400 to $422.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:45 pm

C

Investors have taken a predominantly bearish stance on Citigroup (NYSE:C) as evidenced by 53 uncommon options trades, with 62% being bearish. The price range focus is between $44.0 and $90.0. Citigroup's stock is currently down 1.75% at $62.47, with an RSI indicating potential overbought conditions. Oppenheimer maintains an Outperform rating with a target price of $86.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:45 pm

PG

Financial giants have made significant bullish moves on Procter & Gamble (NYSE:PG) through options trading. Analysis reveals 11 unusual trades with a balanced sentiment of 45% bullish and 45% bearish. The price target for PG is between $165.0 and $175.0. Current market data shows PG down 1.34% at $163.11 with neutral RSI indicators.

Portfolio Pulse from Benzinga Insights

May 28, 2024 | 8:45 pm

BHP

FEAM

GROY

MTAL

RIO

Gold Royalty acquires a copper stream for $50 million, BHP and Rio Tinto test electric trucks, Metals Acquisition invests in Polymetals, and 5E Advanced Materials issues convertible notes.

Portfolio Pulse from austin@walkonholdings.com

May 28, 2024 | 8:44 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) announced a $1 billion share repurchase program, leading to a rise in its stock price during after-hours trading. The buyback is expected to be completed over a two- to three-year period starting in Q3 2024. The company has seen a recent uptick in its stock price following better-than-expected Q1 financial results.

Portfolio Pulse from Adam Eckert

May 28, 2024 | 8:43 pm

FFIE

Faraday Future has received a notice from Nasdaq regarding its failure to timely file its quarterly report on Form 10-Q. The company has requested a hearing to present its plan to file the report and address its stock price deficiency. Faraday Future expects its securities to continue trading on Nasdaq during the hearing process.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:41 pm

HLTH

Cue Health shares are trading lower after the company announced that it filed voluntary petitions under Chapter 7 of the U.S. Bankruptcy Code in the District of Delaware to pursue a wind down of its business.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 8:39 pm