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Blackstone (NYSE:BX) has seen a surge in options activity, with a bullish sentiment from the majority of trades. Analysis of options history revealed 38 trades, with 60% bullish and 39% bearish. The trades include 29 puts and 9 calls, indicating a price target range of $95.0 to $160.0. The largest options trades include both bullish and bearish sentiments, with strike prices ranging from $125.00 to $140.00. Blackstone, the world's largest alternative-asset manager, has $1.040 trillion in assets under management. The stock price is currently $122.6, with an upcoming earnings report.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:31 pm

DARE

INVO

VNDA

Healthcare stocks experienced significant movements in Wednesday's intraday session. INVO Bioscience led the gainers with a 275% increase following its Q4 earnings report, while Dare Bioscience topped the losers, dropping 40.7%. Other notable movers included Vanda Pharma, Galera Therapeutics, and SINTX Techs on the gainers' side, and Longeveron, Sage Therapeutics, and China SXT Pharmaceuticals among the losers.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:31 pm

BEEM

ISUN

RYDE

UAL

In Wednesday's intraday session, notable movements were observed in the industrials stocks sector. Ryde Group (RYDE) led the gainers with a 73.9% increase, while iSun (ISUN) experienced the largest drop among the losers, declining by 23.8%. Other significant movements included CEA Industries (CEAD) and Beam Global (BEEM) with substantial gains, and SolarMax Technology (SMXT) and Greenland Technologies (GTEC) with notable losses. Earnings reports released around this period appear to have influenced stock performances, with companies like Beam Global, Agrify, United Airlines Holdings, iSun, and Greenland Technologies releasing their quarterly results.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:31 pm

ARM

IZM

MITK

SPEC

In Wednesday's intraday session, several information technology stocks experienced significant movements. Spectaire Holdings led the gainers with a 77.5% increase, while ICZOOM Group faced the largest decline, dropping 86.4%. Other notable movers included VIA optronics and HeartCore Enterprises on the gainers' side, and Intrusion and ARM Holdings among the losers. Market capitalizations varied widely, with ARM Holdings at the high end with $113.1 billion and SMX (Security Matters) at the lower end with $5.6 million.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:31 pm

TOL

Over the past 20 years, Toll Brothers (NYSE:TOL) has outperformed the market with an average annual return of 8.91%, turning a $100 investment into $550.65 today. The company currently has a market capitalization of $11.91 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:30 pm

UNH

UnitedHealth Group (NYSE:UNH) has delivered an average annual return of 15.85% over the past 5 years, outperforming the market by 4.52% on an annualized basis. A $100 investment in UNH 5 years ago would be worth $211.91 today, showcasing the impact of compounded returns on investment growth. UnitedHealth Group's current market capitalization stands at $443.70 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 4:30 pm

VNDA

Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) has rejected multiple unsolicited takeover bids from Future Pak LLC, with the latest offer ranging from $7.25 to $7.75 per share. This proposal represents a 79.0% to 91.4% premium over Vanda's closing price of $4.05 as of April 16, 2024. The Vanda Board believes these offers undervalue the company, citing its diverse product set, top-line growth, and recent FDA approval of Fanapt for bipolar I disorder, which boosted shares by 30%. Future Pak, a private contract manufacturer, has expressed willingness to improve its proposal, with support from Colbeck Capital Management. VNDA shares rose 33.8% to $5.41 following the news.

Portfolio Pulse from Vandana Singh

April 17, 2024 | 4:29 pm

ACB

FLGC

TLRY

Flora Growth Corp. (NASDAQ:FLGC) has announced the acquisition of Germany-based TruHC Pharma GmbH, aiming to expand its global footprint in the cannabis market. This move is strategic, following Germany's new cannabis law that partially legalizes cannabis. The acquisition, valued at $6.4 million, will be completed in two closings, with the first expected by the end of April 2024. Other companies like Aurora Cannabis, Tilray Brands, and Curaleaf Holdings are also exploring the German market, which is seen as a significant opportunity following legalization.

Portfolio Pulse from Jelena Martinovic

April 17, 2024 | 4:28 pm

UAL

United Airlines Holdings Inc (NASDAQ:UAL) reported impressive Q1 earnings, surpassing expectations with a revenue of $12.5 billion and an adjusted loss of 15 cents per share, against estimates of a 57 cents loss. The stock rose about 12% following the announcement. United Airlines also adjusted its future aircraft orders, converting some Boeing Co (NYSE:BA) Max 10 orders to Max 9 and leasing new Airbus A321neos. Despite positive earnings, technical indicators suggest a bearish trend for UAL's stock, with key moving averages and indicators like MACD and RSI signaling potential sell-off conditions.

Portfolio Pulse from Surbhi Jain

April 17, 2024 | 4:26 pm

EDBL

Edible Garden AG Incorporated (NASDAQ:EDBL) shares surged after reporting a significant year-over-year increase in preliminary first-quarter revenues, with produce revenues up 40% and cut herb revenue increasing over 200%. The company attributes this growth to investments in equipment and infrastructure, expanded retail distribution, and a focus on becoming a vertically integrated herb supplier. The stock experienced heavy trading volume and was halted multiple times for volatility, with over 7 million shares traded compared to a 100-day average of less than 48,000 shares.

Portfolio Pulse from Erica Kollmann

April 17, 2024 | 4:25 pm