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Stock Prices

SHOP

Over the past 15 years, Shopify (NYSE:SHOP) has produced an average annual return of 15.47%, outperforming the market. An initial investment of $1000 in SHOP would now be worth $8,439.15. This showcases the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:30 pm

ARM

Arm Holdings' stock is trading lower following a downgrade by New Street Research from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:29 pm

HIMS

JANX

NCLH

VKTX

Norwegian Cruise Line Holdings Ltd. (NCLH) saw its shares rise by 13% after reporting better-than-expected Q4 revenues of $1.99 billion. Other stocks also moved higher, including Janux Therapeutics (JANX) with a 145% increase after announcing updated clinical data, and Viking Therapeutics (VKTX) up 71.2% following successful trial results. Hims & Hers Health (HIMS) climbed 33.6% on strong Q4 results and guidance. Various other companies also reported gains following positive financial results or analyst ratings.

Portfolio Pulse from Avi Kapoor

February 27, 2024 | 3:28 pm

LUNR

Intuitive Machines, Inc. (NASDAQ:LUNR) reported that its moon lander, Odysseus, continues to communicate from the lunar surface, with communication expected to last until Tuesday morning. The lander has sent images from its landing site, Malapert A, marking a significant achievement in lunar exploration. However, shares of Intuitive Machines have dropped following a mishap during landing last Friday, where the lander tipped over, potentially due to excessive speed. Despite the setback, the lander's successful landing and communication have been confirmed by NASA's Lunar Reconnaissance Orbiter Camera team.

Portfolio Pulse from Nabaparna Bhattacharya

February 27, 2024 | 3:26 pm

LOW

Lowe's shares are trading higher following the announcement of their Q4 results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:23 pm

MRVL

Marvell Technology's stock price increased following an upgrade by UBS, which raised its price target from $70 to $83.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:21 pm

BNS

Scotiabank shares are trading higher following the announcement of better-than-expected Q1 results.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 3:21 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for February 27th, 2024, provides trade strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA, based on a proprietary formula considering price, volume, and options flow. It offers detailed analysis for each asset, including potential bullish and bearish price targets. The memo also highlights the importance of upcoming economic data releases and remarks from key figures, advising traders to maintain strategic discipline in today's trading session.

Portfolio Pulse from RIPS

February 27, 2024 | 3:19 pm

APA

APA Corporation's (NYSE:APA) short interest has increased by 10.39%, with 16.43 million shares sold short, representing 6.27% of its available trading shares. This indicates a bearish market sentiment towards APA, as it now has more short interest compared to its peers, with the peer group average at 6.22%. The rise in short interest suggests investors are expecting the stock price to fall, although it doesn't guarantee a near-term decline.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:15 pm

GDDY

GoDaddy's (NYSE:GDDY) short interest has decreased by 16.26% since the last report, with 2.23 million shares sold short, representing 2.06% of its float. This decrease in short interest could indicate a more bullish sentiment towards GDDY among traders. Compared to its peers, GoDaddy has a lower short interest percentage of float, with the average for its peer group being 5.85%.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 3:15 pm