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Stock Prices

UNP

Significant bearish options activity has been detected in Union Pacific (NYSE:UNP) by Benzinga, with a focus on a price band between $210.0 and $250.0. The activity includes 9 transactions, predominantly puts, indicating a bearish sentiment. Analysts have mixed ratings on UNP, with price targets ranging from $243 to $274. The company's stock is slightly down with an upcoming earnings announcement, suggesting potential volatility.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 3:33 pm

AGEN

Agenus Inc. shares are trading lower following the announcement of updated results from its Phase 1 clinical trial of BOT/BAL combination therapy for metastatic CRC that is not microsatellite instability-high or deficient mismatch repair.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 3:31 pm

ZTS

Zoetis Inc's stock hit a 52-week low following reports that its pet arthritis drugs, Librela and Solensia, may have caused sickness in dogs and cats. Despite FDA approval for both drugs, thousands of side effects have been reported, raising concerns among pet owners and veterinarians. However, Zoetis claims these represent a small fraction of the over 18 million doses administered globally. The company is also under investigation by the European Commission for potentially hindering the market launch of a competing product.

Portfolio Pulse from Vandana Singh

April 12, 2024 | 3:30 pm

BX

Over the past 5 years, Blackstone (NYSE:BX) has significantly outperformed the market, with an annualized return of 28.14%, turning a $1000 investment into $3,479.74. Currently, Blackstone's market capitalization stands at $95.00 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 3:30 pm

CMC

Commercial Metals (NYSE:CMC) has delivered an average annual return of 25.3% over the past 5 years, outperforming the market by 13.24% on an annualized basis. With a current market capitalization of $6.48 billion, an investment of $1000 in CMC stock 5 years ago would be worth $3,130.72 today.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 3:30 pm

ACB

A significant option activity was observed for Aurora Cannabis (ACB) with a sweep of 4219 calls at $7 for this Friday, priced at $0.17, compared to an open interest of 4704. This activity comes ahead of their earnings report, estimated to be released before the market opens on May 15th, with the stock reference price at $6.7898.

Portfolio Pulse from Charles Gross

April 12, 2024 | 3:30 pm

TBPH

Theravance Biopharma's stock price increased following BTIG's initiation of coverage with a Buy rating and a $21 price target.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 3:28 pm

AMZN

VCR

XLY

Amazon.com Inc (NASDAQ:AMZN) has significantly invested in robotics and AI across its European fulfillment centers, introducing over 1,000 new technologies and investing more than 700 million euros. This advancement has enriched over 50,000 jobs and created 700 new job categories, despite a reduction in its human workforce from 1.6 million in 2021 to 1.5 million. The deployment of over 750,000 robots aims to enhance efficiency, safety, and delivery speeds. Amazon's stock has seen a 92% increase over the last 12 months, with exposure available through ETFs like SPDR Select Sector Fund – Consumer Discretionary (NYSE:XLY) and Vanguard Consumer Discretion ETF (NYSE:VCR).

Portfolio Pulse from Anusuya Lahiri

April 12, 2024 | 3:27 pm

AGX

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

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 3:27 pm

CEG

CMG

RBLX

RENT

RLYB

Benzinga's Stock Whisper Index highlights five stocks: Rent the Runway (RENT), Rallybio Corp (RLYB), Constellation Energy Corp (CEG), Roblox Corp (RBLX), and Chipotle Mexican Grill (CMG). RENT's stock soared with positive Q4 results and guidance. RLYB shares jumped after a development agreement with Johnson & Johnson (JNJ). CEG's stock is up 148% over the past year, with strong Q4 results. RBLX is gaining interest ahead of Q1 results, partly due to a new advertising strategy with PubMatic Inc (PUBM). CMG's stock is near all-time highs, with a proposed 50-for-1 stock split.

Portfolio Pulse from Chris Katje

April 12, 2024 | 3:26 pm