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MRNA

Moderna shares are trading lower despite the company announcing that its Phase 3 mRNA-1083 trial met its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:16 pm

TER

Teradyne's short interest has risen by 6.91%, with 4.48 million shares sold short, representing 3.25% of its float. This is lower than the peer group average of 6.68%. The increase in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:15 pm

DSY

GME

HOVR

KWE

PERI

SIFY

TNXP

US stocks traded mixed on Monday with the Nasdaq Composite falling around 50 points. The Dow and S&P 500 saw slight gains. Notable stock movements included Perion Network Ltd. (PERI) dropping 28% after cutting its revenue outlook, and GameStop Corp. (GME) falling 4% following a significant drop last Friday. Big Tree Cloud Holdings Limited (DSY), KWESST Micro Systems Inc. (KWE), and New Horizon Aircraft Ltd. (HOVR) saw substantial gains.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 2:13 pm

SHIBUSD

Shiba Inu (SHIB) has seen a significant increase in its burn rate, spiking 15,654.2% in the past 24 hours. Technical analysis suggests a potential bullish trend, with the 100-day SMA crossing above the 50-day SMA. The SHIB community continues to burn coins to create scarcity and potentially increase value.

Portfolio Pulse from Khyathi Dalal

June 10, 2024 | 2:11 pm

VSTO

Vista Outdoor Inc. (NYSE:VSTO) shares are trading higher after the company rejected an unsolicited acquisition proposal from MNC Capital, deeming it inferior to an existing merger agreement with Czechoslovak Group a.s. (CSG). Additionally, Vista Outdoor received a $2+ billion indication of interest from a U.S.-based private investment firm regarding The Kinetic Group, which could lead to a superior proposal. The company remains committed to the CSG merger but will adjourn the special stockholders' meeting to July 2, 2024.

Portfolio Pulse from Shivani Kumaresan

June 10, 2024 | 2:09 pm

INTC

NVDA

Nvidia's 10-for-1 stock split has sparked speculation about its potential inclusion in the Dow Jones Industrial Average. The split aims to make shares more affordable for retail investors and employees. Nvidia's stock dipped slightly after the split but has seen significant gains since the announcement. Analysts are divided on the impact of the split on retail trading activity.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:07 pm

NVDA

Barclays analyst Blayne Curtis maintains an Overweight rating on NVIDIA (NASDAQ:NVDA) and adjusts the price target to $145 from $1200, reflecting a 1:10 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 2:02 pm

PANW

High-rolling investors have shown a bullish sentiment towards Palo Alto Networks (NASDAQ:PANW) through significant options trading activity. Benzinga's options scanner identified 8 trades, with 62% being bullish. Analysts have set an average price target of $353.8 for PANW, with various ratings from Positive to Outperform.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:01 pm

MSTR

Deep-pocketed investors have shown significant bullish interest in MicroStrategy (NASDAQ:MSTR) through unusual options activity, with a notable volume of calls and puts. The projected price targets range from $600 to $3800, and the stock is currently trading at $1602.4. Analysts have maintained a Buy rating with a target price of $2047.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:01 pm

NFLX

Deep-pocketed investors have shown significant interest in Netflix (NASDAQ:NFLX) options, with a mix of bullish and bearish sentiments. This unusual activity suggests potential big moves for the stock. Analysts have mixed ratings, with target prices ranging from $450 to $700.

Portfolio Pulse from Benzinga Insights

June 10, 2024 | 2:01 pm