Streetbeat News

Stock Prices

AKTS

ALPP

BTOG

CMCM

CMTL

IZM

MTC

MYSZ

NVNI

RBT

REKR

XTIA

The article highlights the intraday movements of 12 information technology stocks on Monday. Notable gainers include Comtech Telecom (CMTL), Cheetah Mobile (CMCM), and Rubicon Technologies (RBT), while significant losers include MMTEC (MTC), Akoustis Technologies (AKTS), and XTI Aerospace (XTIA).

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:31 pm

OXY

Deep-pocketed investors are showing a bullish sentiment towards Occidental Petroleum (NYSE:OXY) with significant options activity. The majority of these investors are leaning bullish, with a price target range of $62.5 to $70.0. Analysts have mixed ratings, with price targets ranging from $68 to $81.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:30 pm

DE

Deere (NYSE:DE) has significantly outperformed the market over the past 5 years, delivering an average annual return of 23.18%. A $100 investment in DE stock 5 years ago would be worth $288.75 today. The article highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:30 pm

NVR

NVR (NYSE:NVR) has significantly outperformed the market over the past 15 years, delivering an average annual return of 20.14%. A $1000 investment in NVR 15 years ago would be worth $15,681.51 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:30 pm

INST

JPM

Thoma Bravo is exploring the sale of its 83% stake in Instructure (INST.N), a U.S. education software provider. JPMorgan Chase (JPM.N) has been engaged to gauge interest from potential buyers. Instructure's shares rose 9% to $22 in after-hours trading following the news.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 4:30 pm

INST

Instructure shares are trading higher following a report that Thoma Bravo is exploring a sale of the company.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 4:28 pm

MTC

MMTec shares were halted on a circuit breaker after experiencing a significant drop of 81.6%.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 4:19 pm

CTNT

Cheetah Net Supply Chain Service shares were halted on a circuit breaker due to a significant drop, with the stock now down 69.6%.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 4:19 pm

RVER

SNAP

SOCL

Snap Inc (NYSE:SNAP) is investing in AI and machine learning to enhance Snapchat, aiming to make the app more engaging. CEO Evan Spiegel has organized senior machine learning experts to strategize on achieving state-of-the-art advancements. This follows years of revamping Snapchat’s advertising business, which is now showing positive results. Snap reported quarterly sales of $1.195 billion, up 21% year-on-year, and quarterly earnings of $0.03, beating analyst estimates. Snap stock gained 66% in the last 12 months. Investors can gain exposure to the stock via Global X Social Media ETF (NASDAQ:SOCL) and Advisor Managed Portfolios Trenchless Fund ETF (NYSE:RVER).

Portfolio Pulse from Anusuya Lahiri

May 20, 2024 | 4:18 pm

SNOW

Recent options trading trends in Snowflake (NYSE:SNOW) show a balanced sentiment among investors, with significant trades in both calls and puts. The stock is currently trading at $164.87, up by 1.86%, and has an upcoming earnings release in 2 days. Analysts have mixed ratings with a consensus target price of $218.33.

Portfolio Pulse from Benzinga Insights

May 20, 2024 | 4:16 pm