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Stock Prices

JPM

Recent unusual options activity in JPMorgan Chase (NYSE:JPM) indicates a bearish stance by significant investors, with a split sentiment of 46% bullish and 53% bearish. The activity includes 13 uncommon trades, with puts totaling $463,034 and calls totaling $720,230, aiming for a price range of $180.0 to $195.0. The volume and open interest for JPM options have been highlighted, alongside a detailed breakdown of the biggest options spotted. JPMorgan Chase, a major financial institution with nearly $3.9 trillion in assets, has seen its stock price slightly decrease by -0.17% to $182.58. Analyst ratings from Wells Fargo, Oppenheimer, Jefferies, Keefe, Bruyette & Woods, and UBS suggest a positive outlook, with target prices ranging from $195 to $228.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 1:46 pm

PALI

Palisade Bio's stock was temporarily halted due to a circuit breaker triggered by a downside movement, despite the stock being up 96.6%.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:45 pm

BNED

Barnes & Noble Education's stock trades lower following the announcement of a short-term shareholder rights plan and a new equity investment.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:44 pm

GVA

Goldman Sachs analyst Jerry Revich has maintained a Sell rating on Granite Construction (NYSE:GVA) but increased the price target from $44 to $50. This adjustment suggests a negative outlook on the stock's performance despite the higher price target.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:41 pm

AIOZUSD

BTCUSD

CKBUSD

ETHUSD

Bitcoin and Ethereum experienced declines, trading below $63,000 and $3,100 respectively. The global crypto market cap fell by 6% to $2.28 trillion. Core was the top gainer, while Nervos Network and AIOZ Network were among the top losers. The article lists the top ten crypto gainers and losers over the past 24 hours.

Portfolio Pulse from Avi Kapoor

April 16, 2024 | 1:40 pm

CAT

JP Morgan analyst Tami Zakaria maintains an Overweight rating on Caterpillar (NYSE:CAT) and raises the price target from $385 to $435, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 1:33 pm

DJT

Trump Media & Technology Group Corp (NASDAQ:DJT) shares rose after announcing the completion of its new live TV streaming platform's R&D phase, planning to scale up its content delivery network. The platform will roll out in three phases, focusing on live TV, including news, religious content, and family-friendly programming. The announcement follows recent selling pressure on DJT shares due to Trump's court appearance for a criminal trial and a filing for the potential issuance of up to 21.49 million shares.

Portfolio Pulse from Adam Eckert

April 16, 2024 | 1:31 pm

ENVX

Enovix Corp (NASDAQ:ENVX) shares surged after announcing significant progress at its Fab2 manufacturing facility, including completing Factory Acceptance Testing for its Gen2 Agility Line. This development puts Enovix on track for initial sample production of silicon battery cells in Q2. The company's unique manufacturing process enables the use of a 100% active silicon anode, promising higher energy density for batteries. Enovix is also expected to report its Q1 financial results soon, with analysts predicting an earnings loss of 29 cents per share on revenue of $3.877 million.

Portfolio Pulse from Adam Eckert

April 16, 2024 | 1:31 pm

SNOW

Snowflake's (NYSE:SNOW) short interest has increased by 10.41% since the last report, with 9.60 million shares sold short, representing 2.97% of its float. The current short interest suggests a bearish sentiment among investors, though it's lower than the peer group average of 6.74%. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 1:30 pm

SPR

Spirit AeroSystems Holdings (NYSE:SPR) has seen a 3.38% increase in short percent of float since its last report, with 10.23 million shares sold short, representing 8.87% of available shares. This indicates a bearish market sentiment towards SPR, although it's not a definitive predictor of stock price movement. SPR's short interest is significantly higher than its peer group average of 2.09%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 1:30 pm