Streetbeat News

Stock Prices

VST

Vistra shares are trading higher following the announcement that the company will join the S&P 500.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:29 pm

LYRA

Trading for LYRA was halted but has now resumed as of 8:25:00 AM ET, following an update on quotation resumption times.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:25 pm

RTH

TGT

XLP

Target Corp is expanding its private-label brand sales beyond its own stores, starting with its Cat & Jack brand in Canada through Hudson's Bay Co. The company is exploring further expansion in Europe and the Americas, aiming to rebound from declining sales by leveraging the higher margins of private-label goods. Despite challenges from reduced consumer spending and product controversies, Target plans to boost performance through store expansion, a revamped loyalty program, and exclusive offerings. This strategy aligns with competitors like Walmart and Kroger, focusing on private-label products. Target's stock has seen a modest gain, and its movements can impact related ETFs such as the VanEck Retail ETF and the Consumer Staples Select Sector SPDR Fund.

Portfolio Pulse from Shivani Kumaresan

May 06, 2024 | 12:21 pm

EFSH

1847 Holdings has engaged Shareholder Intelligence Services to investigate potentially improper and illegal trading activity in its common stock, aiming to protect shareholder interests and ensure fair trading practices.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:20 pm

SBOW

SilverBow Resources has urged shareholders to vote for its director nominees, highlighting its strong Q1 financial results, debt reduction, and value from acquisitions. The company criticizes Kimmeridge Energy's attempt to merge with SilverBow, calling it dilutive and value-destructive. SilverBow boasts a 484% shareholder return since 2021, outperforming the XOP index. It also details the experience of its board members and the lack of experience among Kimmeridge's nominees.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:19 pm

BTCUSD

Crypto analyst Stoic predicts potential Bitcoin (BTC) price movements, highlighting key areas at $64,000, $67,000, and $70,000. Stoic notes the current low volume and weakening momentum could lead to a price dip to the low $60,000s unless strength picks up. A reversal targeting $67,000 is possible if Bitcoin breaks through $64,000. Currently, BTC is trading at $64,180, showing a slight increase.

Portfolio Pulse from Khyathi Dalal

May 06, 2024 | 12:19 pm

EXOD

Exodus Movement, a company previously trading over-the-counter, has successfully uplisted to the NYSE American Exchange, enhancing its visibility and potentially its liquidity and investor base.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:17 pm

BIGC

BigCommerce (NASDAQ:BIGC) has appointed Travis Hess, a former Accenture ecommerce leader, as its new president to drive top-line growth and profitability. Hess brings extensive experience from the ecommerce and technology industry, having held senior leadership positions and served on partner advisory boards for major platforms like Shopify and SAP/Hybris. Additionally, BigCommerce has strengthened its sales team by hiring Thom Armstrong as vice president of Americas enterprise sales, who brings nearly two decades of experience in commerce, content, and payments technology.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:13 pm

BIGC

BigCommerce (NASDAQ:BIGC) has appointed Travis Hess, a veteran in the ecommerce and technology industry, as its new president to drive top-line growth and profitability. Hess brings extensive experience from senior leadership roles across top commerce agencies and consultancies, including a recent position at Accenture. Additionally, BigCommerce has strengthened its sales team by hiring Thom Armstrong as vice president of Americas enterprise sales, aiming to boost its growth in enterprise sales in the Americas.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:13 pm

HOUR

Hour Loop projects its FY24 revenue to be between $145M-$172M, which is below the estimated $181.3M.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 12:11 pm