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HOLO

MicroCloud Hologram Inc. (NASDAQ:HOLO) shares surged as retail investors targeted heavily-shorted stocks, influenced by Keith Gill's (Roaring Kitty) social media activity. The company, part of the meme stock rally, saw its shares climb with a trading volume significantly above its 100-day average, driven by a short interest of 19.76% in its shares.

Portfolio Pulse from Erica Kollmann

May 14, 2024 | 3:05 pm

LTCUSD

Litecoin (CRYPTO: LTC) has seen a decrease of 3.08% in its price over the last 24 hours, bringing it down to $78.86. This drop is part of a broader negative trend over the past week, with a total decline of 3.0% from $82.02. Despite this, trading volume for Litecoin has increased by 2.0% over the week, and its circulating supply remains steady at over 74.53 million, constituting approximately 88.73% of its maximum supply. Litecoin's market cap ranking is currently #21, valued at $5.88 billion.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:03 pm

RNDRUSD

Cryptocurrency Render (RNDR) experienced a significant drop of 9.93% in the last 24 hours, bringing its price to $10.12. This decline is part of a broader downward trend over the past week, with a total decrease of 5.0% from $10.7. Despite a decrease in trading volume by 4.0%, the circulating supply of RNDR has increased by 0.56%, now totaling 388.64 million coins. This represents approximately 73.04% of its maximum supply. Currently, Render's market cap ranks it 28th at $3.94 billion.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:02 pm

TREX

13 analysts have recently updated their ratings and price targets for Trex Co (NYSE:TREX), showing a mix of bullish and bearish sentiments. The average 12-month price target is now $101.0, up from $87.08, indicating a potential upside of 15.99%. Analyst actions include maintaining, raising, and lowering ratings and price targets, reflecting their views on the company's market position and financial health. Trex Co, known for its alternative decking products, has shown strong financial performance with a revenue growth rate of 56.52% and a net margin of 23.84%, outperforming industry benchmarks.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:01 pm

SPCE

Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are trading higher due to a rally in heavily-shorted stocks, sparked by the return of Roaring Kitty to social media. The stock has seen heavy trading volume and remains down by more than 65% over the past year despite today's rally. Analysts have mixed ratings on SPCE, with an average 12-month price target of $1.73, suggesting potential upside.

Portfolio Pulse from Erica Kollmann

May 14, 2024 | 3:01 pm

VTEX

Analysts have recently updated their ratings and price targets for Vtex (NYSE:VTEX), showing a mix of bullish and somewhat bullish sentiments. The average 12-month price target is now $10.0, reflecting a 21.21% increase from the previous target of $8.25. Analysts from JP Morgan, UBS, and Piper Sandler have adjusted their price targets and ratings, indicating a positive outlook on Vtex's financial performance, including a notable revenue growth rate of 24.52% as of March 31, 2024, and strong financial health metrics such as net margin and ROE.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:01 pm

AVAXUSD

Avalanche (AVAX) has seen a 3.21% decrease in price over the last 24 hours, marking a continuation of its 13% decline over the past week. The trading volume for AVAX has decreased by 2%, while its circulating supply has increased by 1.42%. Currently, AVAX's market cap ranks it 13th at $12.21 billion.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:01 pm

BA

Boeing reported April deliveries of 24 commercial jets, including 16 737 Max and 4 787 Dreamliner jets, with year-to-date deliveries totaling 107 aircraft. The company received 7 gross aircraft orders in April but faced 33 cancellations, primarily due to Lynx Air ceasing operations, leading to 100 net orders after cancellations and conversions for the year. The total gross orders for the year stand at 138.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:01 pm

FCX

Analysts have mixed views on Freeport-McMoRan (FCX), with recent ratings showing a shift towards a more neutral stance. The average 12-month price target has been raised to $54.00, indicating a 13.68% increase from the previous target. Analyst actions, including both upgrades and downgrades, reflect dynamic market conditions and company performance. Freeport-McMoRan's financials show strong revenue growth but challenges in net margin and asset utilization.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 3:01 pm