Streetbeat News

Stock Prices

LRCX

Whales have shown a bearish stance on Lam Research (LRCX), with 70% of recent trades being bearish. Significant investors predict a price range of $600-$950 for LRCX in the next three months. Notable options activity includes both bullish and bearish sentiments with varying strike prices and expiration dates. Lam Research, a leading semiconductor equipment manufacturer, has seen its stock price slightly increase, with analysts giving mixed ratings and target prices ranging from $900 to $975.

Portfolio Pulse from Benzinga Insights

February 15, 2024 | 3:30 pm

AMWL

American Well (AMWL) shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:30 pm

BMR

Beamr Imaging shares have resumed trading, indicating a return to normal market operations for the company.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:30 pm

DNOW

DNOW shares are trading higher following the announcement of their Q4 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:28 pm

INOD

Innodata shares are trading lower following a report by Wolfpack Research, which announced it is shorting the stock.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:27 pm

CSCO

Cisco Systems Inc (NASDAQ:CSCO) shares dropped in premarket trading after the company announced lower-than-expected Q3 and FY24 guidance and a 5% workforce reduction. Despite beating Q2 EPS and sales estimates, Cisco's future revenue and EPS forecasts fall below analyst expectations. The company also plans to incur about $800 million in pre-tax charges due to the layoffs but raised its quarterly dividend by 3%.

Portfolio Pulse from Lekha Gupta

February 15, 2024 | 3:27 pm

BMR

Beamr Imaging shares were halted due to a circuit breaker trigger after the stock plummeted by 44.1%. This significant drop led to a temporary pause in trading to manage volatility.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:25 pm

JMIA

Jumia Technologies' stock price increased following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:25 pm

SABR

Sabre Corporation's shares traded lower following the announcement of mixed financial results for the fourth quarter. The company's performance during this period did not fully meet market expectations, leading to a decrease in stock price.

Portfolio Pulse from Benzinga Newsdesk

February 15, 2024 | 3:24 pm

NNOX

PEGA

RS

SOUN

Reliance Steel & Aluminum Co. reported Q4 earnings above estimates, leading to a 10.4% stock increase. Other stocks like Nano-X Imaging, SoundHound AI, and Pegasystems also saw significant gains following positive financial results or stake disclosures. Notable movers include JFrog, American Well Corporation, and AppLovin Corporation, among others, with stocks climbing on upbeat earnings or guidance.

Portfolio Pulse from Avi Kapoor

February 15, 2024 | 3:23 pm