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X

United States Steel (NYSE:X) has seen a surge in options activity, with a mix of bullish and bearish sentiments among investors. Analysis of recent trades shows a bearish majority, with significant activity in both puts and calls within a price window of $35.0 to $45.0. The company operates in the steel industry with a presence in the United States and Slovakia, serving various markets. The stock price is currently down by -2.32%, trading at $41.25, with an upcoming earnings report in 13 days. The options activity suggests investors are actively speculating on the stock's future price movements.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 5:17 pm

RIVN

Deep-pocketed investors have shown a bearish sentiment towards Rivian Automotive (NASDAQ:RIVN), with options trading data revealing 64% bearish and 35% bullish positions. The trading activity suggests a price target range of $5.0 to $12.5 for RIVN in the next three months. Notable options activity includes both puts and calls with significant total trade prices. Rivian's current market status shows a price drop of -4.86% at $9.11, with the stock potentially being oversold. Analyst ratings vary, with a consensus target price of $16.0, and Piper Sandler upgrading RIVN to Overweight with a target of $21.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 5:02 pm

NARI

Inari Medical (NASDAQ:NARI) has received mixed analyst ratings over the past quarter, with 8 analysts offering opinions ranging from bullish to indifferent. The average 12-month price target for NARI has been adjusted to $66.75, down 8.06% from the previous $72.60. Analyst actions include maintaining, lowering, and announcing buy ratings with price targets ranging from $52.00 to $75.00. Inari Medical, a medical device company, has shown a revenue growth of 22.57% as of December 31, 2023, but lags behind industry peers. The company's net margin and ROE outperform industry averages, indicating strong profitability and financial health.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 5:01 pm

ULS

UL Solutions' shares opened for trading at $34.40 per share, significantly above the IPO price of $28 per share, based on an offering of 33.8 million shares.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 5:01 pm

JLL

Jones Lang LaSalle (NYSE:JLL) has delivered an average annual return of 10.76% over the past 20 years, outperforming the market by 2.88% annually. With a current market capitalization of $8.59 billion, an initial investment of $100 in JLL stock 20 years ago would be worth $755.25 today.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 5:00 pm

ON

ON Semiconductor (NASDAQ:ON) has significantly outperformed the market with an average annual return of 21.47% over the past 10 years, turning a $1000 investment into $7,032.60 today. The company's market capitalization stands at $28.75 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 5:00 pm

BLK

JPM

The article discusses the significant role of crypto-native institutions in advancing the blockchain and cryptocurrency industry, highlighting their understanding and appreciation of decentralization from the industry's inception. It contrasts this with the gradual involvement of traditional financial giants like BlackRock (NYSE:BLK) and JPMorgan (NYSE:JPM), noting that while the entry of these institutions into the crypto space is important, the real driving force behind the industry's growth and innovation are the crypto-native entities. These institutions have been pivotal in major developments such as the rise of DeFi, Ethereum's migration to proof-of-stake, and the approval of Bitcoin ETFs.

Portfolio Pulse from Jupiter Zheng

April 12, 2024 | 4:58 pm

EZGO

EZGO Technologies Ltd (NASDAQ:EZGO) shares surged 44.83% to $2.26 after announcing a procurement agreement with Hangzhou Huiyu Zhichuang Industrial Co., Ltd, a subsidiary of Huiyu Holdings Group. Under the deal, EZGO will sell twelve security patrol robots and one intelligent patrol platform for $1.84 million, with delivery and installation within nine months. The robots feature advanced capabilities like self-navigation and live video streaming, intended for use in Huiyu Intelligent Innovation Park in Hangzhou, China.

Portfolio Pulse from Shivani Kumaresan

April 12, 2024 | 4:56 pm

ULS

UL Solutions has set its IPO price at $28 per share, with a total of 33.8 million shares being offered. The price indication for these shares is currently at $34.49, based on 4,066,552 shares.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 4:55 pm

BTDR

COIN

MARA

MSTR

RIOT

Shares of crypto-related stocks, including BTDR, COIN, MARA, MSTR, and RIOT, are trading lower due to a decline in Bitcoin's value.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 4:52 pm