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Stock Prices

ZPTA

Zapata shares are trading lower after the company reported a year-over-year decrease in Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:45 pm

SEEL

Seelos Therapeutics shares are trading higher following the announcement of a 1-for-8 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:41 pm

PBR

Petrobras shares have been halted pending news. Investors are awaiting further information that could impact the stock price.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:36 pm

WFC

Recent unusual options activity for Wells Fargo (NYSE:WFC) shows a bullish stance among large investors, with 53% of trades being bullish. The trades indicate a price range of $30.0 to $67.5 for WFC. The stock is currently up 0.36% at $62.12, with RSI indicators suggesting it may be overbought. An analyst from JP Morgan maintains a Neutral rating with a target price of $61.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:32 pm

RIOT

Financial giants have shown a bearish sentiment towards Riot Platforms (NASDAQ:RIOT) with a significant surge in options activity. Analysis reveals 60% bearish and 30% bullish trades, with major market movers focusing on a price band between $8.0 and $20.0. Riot Platforms is currently trading at $10.02, up by 2.4%, with analysts maintaining a Buy rating and an average target price of $16.8.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:32 pm

DJT

SPY

The Trump campaign has proposed additional debates for the upcoming election cycle, suggesting debates in June, July, August, and September, in addition to the Vice Presidential debate.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 3:32 pm

AYRWF

AYR Wellness Inc. reported its Q1 2024 financial results, showing slight revenue growth and a significant reduction in operating loss. The company anticipates flat to modest revenue growth in Q2 2024, with stronger growth expected in the second half of the year. AYR is positioning itself for success in key state-level cannabis markets in Ohio, Florida, and Pennsylvania.

Portfolio Pulse from Jelena Martinovic

May 15, 2024 | 3:31 pm

AMC

GME

GameStop (GME) and AMC Entertainment (AMC) stocks experienced a significant drop on Wednesday after a brief rally earlier in the week, driven by the return of Keith Gill, aka Roaring Kitty, on social media. Both stocks saw substantial gains on Monday and Tuesday but are now down over 20%. AMC's decline may be linked to recent stock issuance and equity offerings, while GameStop's drop could be due to profit-taking or the end of the rally initiated by Roaring Kitty's social media activity.

Portfolio Pulse from Chris Katje

May 15, 2024 | 3:31 pm

SPXL

SPXS

SPY

The SPDR S&P 500 (SPY) reached a new all-time high after a favorable U.S. inflation report. The central bank is expected to hold rates steady until September, with a potential rate cut. Traders can use Direxion ETFs (SPXL for bullish and SPXS for bearish positions) to play the SPY's movements.

Portfolio Pulse from Melanie Schaffer

May 15, 2024 | 3:30 pm

SBUX

Starbucks (NASDAQ:SBUX) has outperformed the market over the past 15 years, delivering an average annual return of 17.51%. A $1000 investment in SBUX 15 years ago would be worth $11,146.86 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

May 15, 2024 | 3:30 pm