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Stock Prices

ICE

Analysts have provided mixed reviews on Intercontinental Exchange (NYSE:ICE) over the past quarter, with a range of ratings from bullish to bearish. The average 12-month price target is $153.5, with a high of $164.00 and a low of $142.00. Recent analyst actions include maintaining, raising, and lowering ratings and price targets. Key financial indicators show strong revenue growth but challenges in net margin and asset utilization.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 4:00 pm

AONC

BDRX

GWAV

LOW

LUXH

MGOL

MGRX

U.S. stocks traded mostly higher with the Dow Jones index gaining around 0.2%. Lowe's Companies Inc reported better-than-expected first-quarter financial results. MGO Global, Biodexa Pharmaceuticals, and Mangoceuticals saw significant stock price increases, while Greenwave Technology Solutions, American Oncology Network, and LuxUrban Hotels experienced notable declines.

Portfolio Pulse from Avi Kapoor

May 21, 2024 | 4:00 pm

GTBP

GT Biopharma (NASDAQ:GTBP) announced a direct offering of 740,000 shares at $4.35 per share, along with warrants for an additional 740,000 shares. The company expects to raise approximately $3.2 million before fees and plans to use the proceeds for general corporate purposes. The stock initially rose but then turned negative, down 22.1% at $6.07.

Portfolio Pulse from Dylan Berman

May 21, 2024 | 3:59 pm

COIN

Coinbase Global, Inc. (NASDAQ:COIN) shares are moving amid increased interest in cryptocurrency-related stocks, driven by a spike in Ethereum (ETH) and Bitcoin (BTC) prices. Ethereum's price surge is linked to optimism about the potential approval of spot Ethereum ETFs. Coinbase shares rose 8.47% on Monday, following an upgrade from BofA Securities. However, shares are currently trading below their 50-day moving average.

Portfolio Pulse from Erica Kollmann

May 21, 2024 | 3:57 pm

PTON

Peloton Interactive Inc (NASDAQ:PTON) shares are falling after the company announced a global refinancing initiative, including a $275 million convertible senior notes offering and new credit facilities. The proceeds will be used to repurchase existing notes and refinance current loans. The company is also undergoing a restructuring effort to reduce expenses.

Portfolio Pulse from Adam Eckert

May 21, 2024 | 3:56 pm

SPY

Fed's Barr indicates that interest-rate risk will persist and needs to be managed, suggesting that rates may need to stay high for longer than previously anticipated. He also emphasized the need to continue efforts to control inflation, while noting that the overall economy remains strong.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 3:52 pm

BMY

The article highlights a surge in options activity for Bristol-Myers Squibb (NYSE:BMY), with a predominantly bearish sentiment among large investors. Over the past month, 75% of the trades were bearish, with significant volume and open interest in both puts and calls. Analysts have mixed ratings, with price targets ranging from $43 to $48.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 3:46 pm

U

Investors have taken a bearish position in Unity Software (NYSE:U) based on unusual options activity. Benzinga's options scanner identified 10 transactions, with 9 puts valued at $394,260 and 1 call worth $26,180. The sentiment is mixed, with 30% bullish and 50% bearish. The price window for Unity Software is projected between $21.0 to $35.0.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 3:45 pm

ZIM

ZIM Integrated Shipping Services Ltd (NYSE:ZIM) shares are trading lower after reporting a first-quarter FY24 sales increase of 14% Y/Y to $1.56 billion, missing the consensus of $1.57 billion. The company generated an EPS of $0.75, missing the consensus of $1.69. Despite positive metrics like a 10% increase in carried volume and a 14% rise in adjusted EBITDA, the stock is down 3.75% due to the earnings miss and a decrease in total cash position.

Portfolio Pulse from Lekha Gupta

May 21, 2024 | 3:42 pm

EXAI

Exscientia shares are trading lower after the company reported worse-than-expected Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 3:38 pm