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Stock Prices

SPOT

Spotify shares are trading lower without any negative company-specific news affecting the stock.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:34 pm

ETR

Entergy's stock (ETR) is trading higher after KeyBanc maintained an Overweight rating and increased the price target from $108 to $112.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:31 pm

KMI

Kinder Morgan's stock is trading higher following the announcement of its Q1 earnings and an increase in its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:30 pm

BTCUSD

The Bitcoin Halving event is set to occur, with experts predicting significant price volatility. Bitwise CIO Matt Hougan highlighted a demand shock from spot Bitcoin ETFs and a supply shock from the Halving. Crypto trader Stockmoney Lizards noted Bitcoin's current resistance, while The Flow Horse predicts a volatile period with a series of price drops and bounces. PlanB forecasts a 4x price surge in the next 6 to 18 months. The event's impact on Bitcoin as an institutional asset will be discussed at Benzinga's Future of Digital Assets event.

Portfolio Pulse from Khyathi Dalal

April 19, 2024 | 7:27 pm

VALU

Value Line, Inc. (NASDAQ: VALU) has increased its quarterly cash dividend from $0.28 to $0.30 per common share, marking the tenth consecutive year of dividend increases. The new dividend will be payable on May 10, 2024, to shareholders of record as of April 29, 2024. This adjustment elevates the annual dividend to $1.20 per share, with 9,422,983 shares of common stock outstanding as of April 19, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:25 pm

CAMT

KLAC

MCHP

MPWR

QCOM

TER

Semiconductor and chip stocks are trading lower due to pressure from ASML and TSMC's earnings and market uncertainty caused by Iran-Israel tensions. Stocks like CAMT, KLAC, MCHP, MPWR, QCOM, and TER are affected.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:24 pm

ALAB

Astera Labs' stock is trading lower, potentially due to ongoing volatility following its recent Initial Public Offering (IPO).

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:17 pm

BMY

Financial analysis reveals a bearish sentiment in the options market for Bristol-Myers Squibb (NYSE:BMY), with 75% of trades showing bearish tendencies. The analysis of unusual trades indicates a targeted price range of $43.0 to $55.0. Significant options trades include both puts and calls, with a notable volume and open interest within this price range. Bristol-Myers Squibb, a leader in immuno-oncology, shows a 1.38% increase in stock price to $48.97, with an upcoming earnings release in 6 days. Analysts, including one from Wells Fargo, set an average target price of $52.0.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:16 pm

PYPL

Deep-pocketed investors are showing a bearish sentiment towards PayPal Holdings (NASDAQ:PYPL), with a significant move detected by Benzinga's options scanner. The activity includes 30 unusual options activities, with a bearish majority of 76% and a bullish minority of 23%. The options trades suggest a target price range of $40.0 to $85.0 for PYPL over the next three months. The largest trades observed include both bearish and bullish sentiments, with notable trades in both calls and puts. PayPal, known for its electronic payment solutions and owning Venmo, has 426 million active accounts as of the end of 2023. The stock is currently down by -0.55% at $61.76, with an earnings announcement expected in 11 days. Market experts have issued ratings with a consensus target price of $68.0.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:16 pm

MPW

Medical Properties Trust's shares are trading lower after an initial spike earlier in the week due to a deal to sell its majority interest in Utah Hospitals.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:15 pm