Streetbeat News

Stock Prices

PRST

Presto Automation shares are trading higher after the company reported better-than-expected Q3 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 6:38 pm

AMC

GME

Robert F. Kennedy Jr. announced his purchase of GameStop shares to support the retail investor movement, highlighting his stance on market transparency and regulatory reforms. This move could validate the meme stock movement and attract support from retail traders and cryptocurrency investors.

Portfolio Pulse from Chris Katje

May 21, 2024 | 6:37 pm

OLB

OLB Group shares are trading lower following the company's report of a year-over-year decrease in Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 6:36 pm

GH

Guardant Health Inc (NASDAQ:GH) faces concerns from FDA staff reviewers regarding its experimental blood test for colorectal cancer, Shield, which may not detect some tumor types that could become cancerous. The FDA's Molecular and Clinical Genetics Panel will review the premarket approval application on May 23. Despite the concerns, the test's potential benefits in improving compliance and early detection were acknowledged. GH shares are down 2.62% at $24.12.

Portfolio Pulse from Vandana Singh

May 21, 2024 | 6:36 pm

AONC

American Oncology Network shares are trading lower after the company announced that it will voluntarily delist from the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 6:34 pm

PSTG

Pure Storage (NYSE:PSTG) has significantly outperformed the market over the past 5 years, delivering an average annual return of 30.48%. A $100 investment in PSTG 5 years ago would now be worth $372.86. The company's current market capitalization is $19.02 billion.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 6:31 pm

CTVA

Corteva (NYSE:CTVA) has significantly outperformed the market over the past 5 years, delivering an average annual return of 17.92%. A $1000 investment in CTVA 5 years ago would be worth $2,279.73 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 21, 2024 | 6:31 pm

FXI

SPY

TSLA

VGK

China is considering raising tariffs on imported cars with large-displacement engines in response to recent US and EU trade actions against Chinese-made electric vehicles. This move could impact US and European carmakers and further strain trade relations.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 6:30 pm

VFC

Wedbush analyst Tom Nikic reiterated a Neutral rating on VF Corp (NYSE:VFC) and lowered the price target from $15.50 to $13, citing ongoing business challenges and declining trends for major brands like Vans and The North Face. The company is set to report Q4 FY24 earnings on May 22.

Portfolio Pulse from Shivani Kumaresan

May 21, 2024 | 6:28 pm

LLY

NSRGY

NVO

Nestlé has launched Vital Pursuit, a new line of foods designed to complement GLP-1 weight loss medications like Wegvoy and Zepbound. This move aims to address concerns that food companies might see reduced sales due to the popularity of these weight loss drugs. The new product line includes nutrient-rich, portion-controlled foods and will debut in Q4 at select retailers.

Portfolio Pulse from Vandana Singh

May 21, 2024 | 6:26 pm