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MEDS

Trxade Health, Inc. has announced a name change to Scienture Holdings. The company's stock will begin trading under the new ticker symbol SCNX starting September 23.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:10 pm

NVO

Novo Nordisk shares are trading lower following the release of results from its Phase 2a trial of Monlunabant in obesity.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:09 pm

DJT

Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are declining as the lockup period for some investors has expired, allowing them to sell shares. Despite Trump's assurance of not selling his shares, the stock has fallen over 20% in the past five days and is down nearly 75% since its SPAC merger debut.

Portfolio Pulse from Erica Kollmann

September 20, 2024 | 4:07 pm

FDX

FedEx Corp (NYSE:FDX) experienced a significant stock drop of over 15% following a disappointing earnings report. The company reported lower-than-expected revenue and earnings due to decreased U.S. domestic priority package volumes and rising costs. FedEx has revised its full-year guidance downward, projecting low single-digit revenue growth for fiscal year 2025. Analysts have responded with downgrades and reduced price targets, and technical indicators suggest a bearish trend.

Portfolio Pulse from Surbhi Jain

September 20, 2024 | 4:04 pm

VLO

Valero Energy's stock is experiencing a decline following a downgrade by Piper Sandler from Overweight to Neutral, with a reduced price target from $169 to $123.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 4:04 pm

MULN

Mullen Automotive announced a $210 million EV deal with Volt Mobility in Dubai, delivering the first units of Mullen ONE and Mullen THREE vehicles. The company is expanding its presence in the UAE and setting up a support network for Volt's fleet. Mullen also completed a 1-for-100 reverse stock split to meet Nasdaq requirements. Bollinger Motors, a Mullen subsidiary, announced the MSRP for its B4 electric truck and began production.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 4:04 pm

FOUR

Shift4 Payments (NYSE:FOUR) has been analyzed by 8 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target is $93, up 5.98% from the previous $87.75. Analysts have adjusted their ratings and price targets, reflecting their views on the company's market performance. Despite positive revenue growth, Shift4 faces challenges with profitability, ROE, ROA, and debt management.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 4:01 pm

GS

Goldman Sachs Gr (NYSE:GS) has seen a surge in options activity, with significant trades indicating a potential price range of $400 to $550. The sentiment is mixed, with 30% bullish and 30% bearish. The stock is currently trading at $499.14, down 0.93%.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 4:01 pm

OLLI

Ollie's Bargain Outlet (NASDAQ:OLLI) has been analyzed by 10 analysts, showing a range of ratings from bullish to bearish. The average 12-month price target is $105.6, with a high of $110 and a low of $99. Recent financials show strong revenue growth and profitability, with a positive net margin and efficient asset management.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 4:01 pm

SOFI

High-rolling investors are showing a bullish sentiment on SoFi Techs (NASDAQ:SOFI) through options trading, with a significant number of call options being traded. This activity suggests potential insider information and indicates a targeted price range of $3.0 to $10.0. The stock is currently trading at $8.09, down by 1.22%, with RSI indicators suggesting it may be approaching overbought territory.

Portfolio Pulse from Benzinga Insights

September 20, 2024 | 4:01 pm