Streetbeat News

Stock Prices

TWOU

2U shares are trading higher following the announcement of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:01 pm

ASML

Deep-pocketed investors are showing a bullish sentiment towards ASML Holding (NASDAQ:ASML), with a significant move in options trading indicating a price target range of $690 to $1030 over the next three months. The options activity, highlighted by Benzinga, shows a mix of bullish and bearish sentiments, with a majority leaning bullish. Notable options activity includes both calls and puts with varying strike prices and sentiments. ASML, a leader in photolithography systems for semiconductor manufacturing, has seen its stock price increase by 3.49%, with a current price of $900.64. An analyst from Bernstein maintains an Outperform rating with a target price of $1052.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 4:01 pm

ACN

Accenture (NYSE:ACN) has significantly outperformed the market with an average annual return of 16.82% over the past 15 years, turning a $100 investment into $1,031.97 today. The company's market capitalization stands at $190.76 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 4:00 pm

MCK

Over the past 20 years, McKesson (NYSE:MCK) has produced an average annual return of 14.91%, outperforming the market by 6.92% annually. A $1000 investment in MCK 20 years ago would be worth $16,084.87 today. McKesson's current market capitalization stands at $68.61 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 4:00 pm

CDXS

Codexis shares are trading higher following the announcement of better-than-expected Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 3:59 pm

META

On April 25th, Meta Platforms Inc (NASDAQ:META) experienced a surprising 14% stock drop despite beating Q1 earnings expectations, reporting $4.71 per share against the predicted $4.32. However, the stock has since rebounded by more than 8%, stabilizing above the $414 level and closing at $441.68 on May 2. This resilience, coupled with a 27% year-to-date gain, suggests a cautiously optimistic outlook for Meta, despite the psychological barrier at the $500 stock price.

Portfolio Pulse from Zaheer Anwari

May 03, 2024 | 3:59 pm

AAWH

CRLBF

CURLF

GTBIF

TCNNF

VRNOF

The DEA's rescheduling of cannabis to Schedule III has caused significant market volatility for multi-state operators (MSOs), with the MSO index initially surging by 25% and then dropping by 15%. Viridian Capital Advisors highlights the impact on MSOs' credit ratings and financial health, noting Green Thumb Industries' favorable deal, Trulieve's balanced risk-return profile, and the high yields but high risks for companies like Ascend Wellness, Verano, Cresco, and Curaleaf.

Portfolio Pulse from Nicolás Jose Rodriguez

May 03, 2024 | 3:57 pm

JYNT

Joint Corp's shares surged following the announcement of their Q1 financial results, which exceeded expectations. Additionally, the company confirmed its full-year 2023 system-wide sales guidance. Roth MKM maintained a Buy rating on Joint Corp and increased the price target from $13 to $16.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 3:57 pm

PLUG

Plug Power Inc. shares are experiencing an uptick following the announcement of a Memorandum of Understanding (MOU) with Allied Green Ammonia. This agreement involves the supply of 3GW of electrolyzers for a green ammonia production facility, highlighting Plug Power's expanding role in the green energy sector.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 3:56 pm

AMRX

Amneal Pharmaceuticals' shares surged following the announcement of their Q1 2024 earnings, which exceeded analysts' expectations in terms of adjusted EPS and sales.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 3:54 pm