Streetbeat News

Stock Prices

PGY

Pagaya Technologies shares are trading higher after the company announced that it is joining the Mastercard Engage program.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:59 pm

Z

ZG

Zillow Group shares are trading higher following the purchase of 2,338,036 shares by a company director.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:59 pm

ROKU

Roku, Inc. (NASDAQ:ROKU) has launched Roku Exchange, an advanced advertising technology platform that integrates with Magnite's SSP to enhance ad inventory and advertiser demand. This platform aims to improve ad transactions and audience targeting through AI optimization and audience-based ad decisioning.

Portfolio Pulse from Shivani Kumaresan

June 12, 2024 | 3:55 pm

COIN

MSTR

Crypto-linked stocks Coinbase (NASDAQ:COIN) and MicroStrategy (NASDAQ:MSTR) are rising due to stronger Bitcoin prices following softer-than-expected CPI data for May. Bitcoin's price increase and former President Trump's pro-Bitcoin mining comments are contributing factors.

Portfolio Pulse from Adam Eckert

June 12, 2024 | 3:53 pm

HOOD

Robinhood Markets shares are trading higher after the company reported May operating data.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:51 pm

ENPH

Enphase Energy (NASDAQ:ENPH) shares are trading higher due to cooler-than-expected inflation data and an upgrade from HSBC analyst Daniel Yang. The CPI data showed inflation slowed to 3.3% annually in May, boosting hopes for interest rate cuts and lifting small cap stocks. Enphase Energy was upgraded from Hold to Buy with a $166 price target. Shares are trading above the 50-day moving average, and 13.25% of available shares are being sold short. Analysts have mixed ratings with an average 12-month price target of $128.58.

Portfolio Pulse from Erica Kollmann

June 12, 2024 | 3:51 pm

EH

EHang Holdings Limited (NASDAQ:EH) announced the successful completion of its EH216-S pilotless eVTOL's first autonomous air taxi flight in Mecca, Saudi Arabia. This milestone, achieved in partnership with Front End Limited Company, underscores EHang's commitment to safety and innovation in urban air mobility.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:50 pm

FITB

Fifth Third Bancorp shares are trading higher after the company announced a new share repurchase deal with Morgan Stanley.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:50 pm

CELH

Celsius Holdings shares are trading lower after multiple firms lowered their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 3:49 pm

DDC

DDC Enterprise Limited (AMEX:DDC) shares surged 339% to $2.27 after announcing the acquisition of the Asian food brand Omsom. The acquisition, paid in cash and stock over four years, is expected to drive product innovation and improve financial metrics. The company aims to enhance synergies and resource integration with its other U.S. brands, Nona Lim and Yai’s Thai. Trading volume spiked to over 49 million shares, significantly higher than the 100-day average of 29,000 shares.

Portfolio Pulse from Erica Kollmann

June 12, 2024 | 3:49 pm