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Stock Prices

IMCC

Trading of IM Cannabis (IMCC) shares has resumed after a temporary halt. This development is crucial for investors monitoring the volatility and liquidity of IMCC stock.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 5:19 pm

MSOS

AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (MSOS) shares were halted due to a circuit breaker trigger after the stock surged 21.9% to the upside.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 5:19 pm

WMT

Walmart Inc (NYSE:WMT) announced the closure of all its healthcare clinics due to rising operating costs and a challenging reimbursement environment, making the care business unsustainable. The decision affects 51 clinic locations and virtual care offerings but does not impact its 4,600 pharmacies and over 3,000 vision centers. The closures, happening over the next 45 to 90 days, come after plans to expand the clinic footprint. Walmart assures affected employees of transfer opportunities and pay for 90 days. WMT shares dropped 1.71% following the announcement.

Portfolio Pulse from Vandana Singh

April 30, 2024 | 5:17 pm

MSOS

AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (MSOS) has resumed trading. This development is significant for investors interested in the US cannabis sector, indicating potential market movements.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 5:16 pm

MRNA

Smart money investors have shown a significant interest in Moderna's (NASDAQ:MRNA) options, with a balanced mix of bullish and bearish sentiments. Analysis of 12 trades reveals an equal distribution of bullish and bearish expectations among investors. The trades consist of 8 puts and 4 calls, indicating a price target range for Moderna between $50.0 and $120.0. The largest trades observed include both bullish and bearish positions, with notable activity in calls and puts. Moderna, a commercial-stage biotech company, is currently trading at $110.56, with an upcoming earnings announcement in 2 days.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 5:16 pm

HSY

Recent options trading activity indicates a bearish sentiment on Hershey (NYSE:HSY), with a notable volume of puts compared to calls. The trading suggests a target price range of $195.0 to $230.0 for HSY. Despite this, Hershey's current market performance shows a 1.98% increase in stock price to $196.28, with a neutral RSI and an upcoming earnings report in 3 days. Analyst ratings from Piper Sandler, Citigroup, and Wells Fargo maintain a neutral stance with target prices ranging from $179 to $200.

Portfolio Pulse from Benzinga Insights

April 30, 2024 | 5:15 pm

IMCC

IM Cannabis shares were halted due to a circuit breaker triggered by a significant upside movement, with the stock price surging by 51.8%.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 5:15 pm

MJ

Trading of Amplify ETF Trust Amplify Alternative Harvest ETF Shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 5:14 pm

MJ

Shares of Amplify ETF Trust Amplify Alternative Harvest ETF (MJ) were halted due to a circuit breaker after surging 8.62% to the upside. This significant price movement triggered a temporary trading halt to manage volatility.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 5:12 pm

ACB

CGC

MJ

TLRY

Cannabis stocks are experiencing an uptick after reports surfaced that the DEA is considering reclassifying marijuana to a less restrictive drug category. This potential shift suggests a more favorable regulatory environment for cannabis companies, potentially increasing their market opportunities and reducing legal barriers.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 5:10 pm