Streetbeat News

Stock Prices

AAL

Recent options trading activity for American Airlines Gr (NASDAQ:AAL) shows a bearish sentiment among investors, with 54% of trades being bearish and 46% bullish. The trades range between $12.0 and $25.0 strike prices, indicating expectations of price movements within this range. The largest trades include both puts and calls, with varying sentiments. American Airlines, a major airline with the youngest fleet among U.S. legacy carriers, is currently experiencing a slight decrease in stock price, down by -1.9% to $13.96, and its earnings release is anticipated in 1 day.

Portfolio Pulse from Benzinga Insights

April 24, 2024 | 4:31 pm

NFLX

On CNBC, Steve Weiss announced that he has increased his investment in Netflix, signaling a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:30 pm

HPQ

PENN

David Einhorn's hedge fund, Greenlight Capital, has confirmed taking new positions in HP Inc (HPQ) and Penn Entertainment (PENN), signaling a strategic move by the hedge fund into these companies.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:26 pm

CX

Cemex shares are trading lower following a downgrade by B of Securities from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:25 pm

TLT

Treasury yields have reached a 5-month high, impacting the U.S. mortgage market by driving mortgage rates higher. The iShares 20+ Year Treasury Bond ETF (TLT) has seen a nearly 10% decline year-to-date due to rising yields. The increase in yields is attributed to concerns over the growing federal deficit, with experts warning about the potential negative effects on the economy and investor sentiment. Technical analysis suggests a continued uptrend in yields, with potential resistance levels ahead.

Portfolio Pulse from Piero Cingari

April 24, 2024 | 4:22 pm

CGEM

Cullinan Therapeutics' stock price increased following the announcement that clinical data from its Phase 1 trial of CLN-619 for advanced solid tumors will be presented at the 2024 ASCO Annual Meeting.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:22 pm

GL

Globe Life's stock price increased after the company reported its Q1 earnings, which led Keefe, Bruyette & Woods to upgrade the stock to Outperform.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:22 pm

ARCB

ArcBest shares are trading lower due to a downturn in freight stocks, triggered by disappointing earnings from Old Dominion Freight Line.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:21 pm

WSO

Watsco shares are trading higher following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 4:20 pm

BAMG

BUL

FTV

Fortive Corporation (NYSE:FTV) shares dropped after reporting Q1 FY24 results with a slight revenue miss but improved EPS. The company adjusted its FY24 revenue forecast downwards while raising its EPS outlook. Dividends were declared, and exposure to FTV can be gained through BAMG and BUL ETFs.

Portfolio Pulse from Lekha Gupta

April 24, 2024 | 4:19 pm