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WGO

Winnebago Industries, Inc. (NYSE:WGO) reported lower-than-expected Q3 earnings and revenues, leading to a 2.45% drop in share price. Despite the challenges, the company is optimistic about new product launches in the upcoming quarter.

Portfolio Pulse from Nabaparna Bhattacharya

June 20, 2024 | 1:56 pm

FSRN

LCID

TSLA

Lucid Group Inc (NASDAQ:LCID) may benefit from Fisker Inc's (OTC:FSRN) bankruptcy by acquiring the 'Lucid Ocean' trademark. Lucid plans to expand its EV lineup, including the Gravity SUV in 2024. Fisker's halted production of the Ocean raises questions about EV market competition, dominated by Tesla Inc (NASDAQ:TSLA).

Portfolio Pulse from Chris Katje

June 20, 2024 | 1:55 pm

MGOL

MGO Global shares experienced a trading halt due to a significant downside movement but have since surged, now up by 172.69%.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:55 pm

ZAPP

Zapp Electric Vehicles shares have been halted to the upside, with the stock now up by 113.97%.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:54 pm

CHWY

Shares of Chewy (CHWY) are under close watch as traders circulate rumors that Ryan Cohen could be buying a $3 billion position in the company.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 1:51 pm

CAVA

Investors have taken a significant interest in Cava Group (NYSE:CAVA) options, with a mix of bullish and bearish sentiments. The options activity suggests a focus on a price range between $60 and $100. Analysts have mixed ratings, with target prices ranging from $72 to $94.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 1:47 pm

ARM

High-rolling investors have shown a bearish sentiment towards ARM Holdings (NASDAQ:ARM) through significant options trading activity. The sentiment is split with 37% bullish and 50% bearish. The stock is currently trading at $170.65, down by 2.0%. Analysts have set an average price target of $161.5.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 1:47 pm

AVGO

Deep-pocketed investors have adopted a bearish approach towards Broadcom (NASDAQ:AVGO), with significant options trading activity indicating potential price movements. The general sentiment is divided, with 59% bearish and 29% bullish. Analysts have mixed ratings, with target prices ranging from $1560 to $1950.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 1:47 pm

TPST

Tempest Therapeutics Inc (NASDAQ:TPST) shares are trading lower despite announcing positive data from their Phase 1b/2 clinical study on amezalpat2 (TPST-1120). The drug showed a six-month improvement in median overall survival for patients with unresectable or metastatic hepatocellular carcinoma (HCC) when combined with atezolizumab and bevacizumab. Despite the positive clinical data, TPST shares are down 16.5% at $2.38.

Portfolio Pulse from Vandana Singh

June 20, 2024 | 1:43 pm

BIL

IEF

TLT

U.S. Treasuries are set to break even after a volatile first half of 2024, with a Bloomberg index showing a slight decline of 0.1% for the year. The rebound is attributed to expectations of falling U.S. prices and potential Federal Reserve interest rate cuts. Key ETFs like SPDR Bloomberg 1-3 Month T-Bill ETF (BIL), iShares 7-10 Year Treasury Bond ETF (IEF), and iShares 20+ Year Treasury Bond ETF (TLT) showed mixed pre-market performance.

Portfolio Pulse from Michael Juliano

June 20, 2024 | 1:43 pm