Streetbeat News

Stock Prices

GRC

Gorman-Rupp's stock price is trading lower following the announcement of disappointing Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:22 pm

ETD

Ethan Allen Interiors shares are trading lower following the announcement of worse-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:22 pm

GME

GameStop saw significant trading activity with May 17 $10 calls being bought at the ask price, indicating investor anticipation ahead of its earnings report on June 5. The trading volume for these options was 1000 at a price of $1.5, compared to an open interest of 5272, with GameStop's stock reference price at $10.915.

Portfolio Pulse from Charles Gross

April 25, 2024 | 3:21 pm

BRKL

Brookline Bancorp's shares traded lower following the announcement of disappointing Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:17 pm

SMCI

Smart money investors have shown a significant interest in Super Micro Computer (NASDAQ:SMCI) options, with a mix of bearish and bullish sentiments. Benzinga's options scanner revealed 60 unusual trades, indicating a potential price range for SMCI between $480.0 and $1500.0 over the next three months. The trading volume and open interest in SMCI options have notably increased, with a mix of put and call options being traded. Super Micro Computer, a provider of high-performance server technology, is approaching its earnings announcement, with its stock price recently up by 1.34% and trading volume at 1,917,663.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:16 pm

LOB

Live Oak Bancshares' stock is trading lower following the announcement of their Q1 financial results, which did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:15 pm

DKNG

DraftKings (NASDAQ:DKNG) has seen a notable increase in options trading activity, with a bullish sentiment from high-rolling investors. Benzinga's options scanner revealed 28 significant trades, predominantly calls, indicating a target price range of $16.0 to $60.0. The company, a leader in online sports and casino gambling, is live with sports betting in 24 states and iGaming in seven. Despite a recent -1.63% drop in stock price to $40.19, analysts maintain positive ratings, with an average target price of $54.0.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 3:15 pm

DJT

Trump Media shares surged following a letter from the CEO to House GOP leaders, requesting an investigation into potential stock manipulation.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:15 pm

LUV

Southwest Airlines Co (NYSE:LUV) reported a Q1 fiscal 2024 operating revenue increase of 10.9% Y/Y to $6.33 billion, missing consensus estimates. Adjusted EPS fell to $(0.36), and the company experienced an adjusted operating loss of $(377) million. Despite record passenger numbers, challenges included lower-than-expected leisure passenger volume and Boeing delivery delays. The company announced cost control measures and operational closures at four airports. Q2 guidance anticipates a RASM decrease and increased costs, with LUV shares dropping 9.3%.

Portfolio Pulse from Akanksha Bakshi

April 25, 2024 | 3:14 pm

NEM

Newmont Corporation announced in a conference call that its Q2 production and costs are expected to remain consistent with Q1 levels. This update provides investors with insights into the company's operational stability and financial outlook.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 3:11 pm