Streetbeat News

Stock Prices

CMG

COIN

JPM

PLNT

TSLA

On Tuesday, U.S. stock indices closed positively, with notable movements in shares of Chipotle, JPMorgan, Planet Fitness, Coinbase, and Tesla. Chipotle announced a significant 50:1 stock split, JPMorgan saw mixed options trading sentiment, Planet Fitness faced backlash over inclusive policies, Coinbase's stock fell with Bitcoin's price, and Tesla announced a price increase for the Model Y.

Portfolio Pulse from Benzinga Neuro

March 20, 2024 | 3:09 am

GEHC

GETY

JNJ

NVDA

SSTK

Jim Cramer highlighted lesser-known partners of NVIDIA Corp (NVDA) that could benefit from its AI technology, including Getty Images (GETY), Shutterstock (SSTK), Medtronic, GE HealthCare Technologies (GEHC), and Johnson & Johnson (JNJ). Despite a recent dip in NVDA's stock, Cramer believes these partnerships could lead to significant market wins.

Portfolio Pulse from Benzinga Neuro

March 20, 2024 | 3:03 am

CMG

Chipotle Mexican Grill Inc. (NYSE:CMG) announced its first-ever stock split, a 50:1 ratio, leading to a significant surge in its stock price. The split, pending shareholder approval, is set for distribution after the market closes on Jun. 25, 2024. This move comes as Chipotle's stock hits record highs, attributed to strong financial performance and growth. The stock split aims to make shares more accessible to a broader range of investors and employees.

Portfolio Pulse from Benzinga Neuro

March 20, 2024 | 1:31 am

DWAC

Mark Cuban criticized Rep. Ted Lieu's comments on Donald Trump's financial management, particularly regarding Trump's net worth and cash assets. Cuban highlighted the difference between net worth and liquid assets, pointing out Trump's real estate investments and the challenges in securing bonds against them. This discussion is relevant in the context of Trump's legal issues and the impact on Digital World Acquisition Corp (DWAC), which saw its stock hit a 7-week low.

Portfolio Pulse from Benzinga Neuro

March 20, 2024 | 12:45 am

SOLUSD

An investigation by ZachXBT revealed that nearly $150M in SOL was sent to strangers' Solana addresses in meme coin presales, raising concerns over potential fraud. Over 33 presale events have occurred since March 12, with Smolecoin and Slerf meme coins experiencing significant issues. Solana's co-founder Anatoly Yakovenko and others have expressed concerns over these developments. The market for meme coins saw a downturn in Tuesday trading.

Portfolio Pulse from Murtuza Merchant

March 19, 2024 | 11:42 pm

SHIBUSD

Shibarium's meme coin DAMN, also known as 'Sol Killer', reported a 22% increase in trading, with liquidity at $1.2 million and a trading volume of 471,000. This comes as Shiba Inu (SHIB) sees a 5% drop. DAMN's launch on March 18 has significantly increased active accounts on Shibarium, with 44,000 holders now. The coin, created by Woofswap, can be purchased with BONE token or through Gate.io. The surge in DAMN's popularity and trading volume is expected to boost investor confidence in Shibarium and SHIB despite the latter's recent price drop.

Portfolio Pulse from Khyathi Dalal

March 19, 2024 | 11:15 pm

BTCUSD

Peter Schiff criticizes CNBC for allegedly acting as a 'paid Bitcoin promoter' by highlighting Bitcoin's gains while ignoring its losses. He claims this bias is intentional, aiming to keep viewers buying and not upset advertisers. Despite a recent 10% drop in Bitcoin's price and a 3.5% decrease to $64,800, trading volumes surged by 49%, indicating continued investor interest. Schiff warns of a potential bigger crash ahead for Bitcoin.

Portfolio Pulse from Khyathi Dalal

March 19, 2024 | 10:36 pm

DOGEUSD

PEPEUSD

SHIBUSD

A trader lost $775,000 due to FOMO buying of the meme coin SLERF, purchasing at its peak and selling after a price drop. This incident highlights the risks of FOMO buying in volatile markets like cryptocurrencies. The meme coin market saw a 15.8% decrease in capitalization, with major coins like Dogecoin, Shiba Inu, and Pepe experiencing losses. The overall crypto market is facing a downward trend, with a focus on the upcoming Bitcoin price correction.

Portfolio Pulse from Khyathi Dalal

March 19, 2024 | 9:49 pm

CMG

Chipotle Mexican Grill's Board of Directors has approved a 50-for-1 stock split, pending shareholder approval. If approved, shareholders as of June 18, 2024, will receive 49 additional shares for each share held, with distribution after market close on June 25, 2024. Trading on a post-split basis is expected to begin on June 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 9:46 pm

HROW

Harrow (NASDAQ:HROW) reported Q4 earnings with an EPS of $-0.2, missing estimates by -400.0% against an expected $-0.04. Revenue increased by $16.03 million from the previous year. The company's past earnings performance shows a pattern of missing EPS estimates, with a significant 36.0% drop in share price following last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 9:40 pm