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NFLX

Financial analysis reveals a bearish trend in Netflix (NASDAQ:NFLX) options trading, with 59% of trades showing bearish sentiment. The analysis highlighted unusual trading activity, including 22 trades with a focus on a price range from $490.0 to $1110.0. The largest trades included both bullish and bearish positions, with significant open interest in calls and puts. Netflix's business model focuses on its streaming service, with a vast subscriber base and recent entry into ad-supported plans. The stock's current price is $618.5, with a slight downtrend and an upcoming earnings report. Analysts have mixed ratings, with an average target price of $715.0.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 2:31 pm

RENT

Shares of Rent The Runway (RENT) were halted on a circuit breaker due to a significant uptick, with the stock surging 182.2%. This dramatic increase in stock price indicates a highly volatile trading session for RENT, capturing the attention of investors and market watchers.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:30 pm

H

Hyatt Hotels (NYSE:H) has delivered an average annual return of 15.13% over the past 5 years, outperforming the market by 3.05% annually. With a current market capitalization of $15.68 billion, a $1000 investment in Hyatt Hotels 5 years ago would be worth $2,034.79 today.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 2:30 pm

ORLY

O'Reilly Automotive (NASDAQ:ORLY) has significantly outperformed the market with an average annual return of 24.86% over the past 15 years, turning a $100 investment into $2,846.04 today. The company's market capitalization stands at $64.52 billion.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 2:30 pm

MNDR

Trading of Mobile-Health Network Solutions shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:28 pm

WFC

Wells Fargo & Company (NYSE:WFC) is set to release its Q1 earnings on April 12, 2024, with analysts forecasting a decrease in earnings per share to $1.09 from $1.23 and a slight drop in revenue to $20.2 billion from $20.73 billion year-over-year. The company also announced Jason M. Rosenberg as the new Head of Public Affairs. Ahead of the earnings call, analysts have revised their ratings and price targets for WFC, with mixed views on the stock's outlook.

Portfolio Pulse from Avi Kapoor

April 11, 2024 | 2:27 pm

NKE

SPY

The Producer Price Index (PPI) showed mixed results, while jobless claims were lower than expected, indicating a potentially stronger labor market. Nike's stock (NKE) rose following an analyst upgrade. The S&P 500 ETF (SPY) may also be impacted by these economic indicators.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:25 pm

LTRY

Lottery.com, Inc. has regained full compliance with Nasdaq Listing Rule 5450(b)(1)(C) by maintaining a minimum market value of publicly held shares of $5,000,000 or greater for ten consecutive business days. This achievement closes the compliance issue and supports the company's path toward future growth.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:24 pm

CONN

Conn's, Inc. (NASDAQ:CONN) reported Q4 adjusted EPS of $(1.25), beating estimates but with revenues of $366.1 million missing expectations. The Badcock transaction contributed significantly to revenues. Despite a challenging macro-environment expected through FY25, the CEO remains optimistic about future improvements in sales and profitability. CONN shares fell by 5.64% to $3.01.

Portfolio Pulse from Nabaparna Bhattacharya

April 11, 2024 | 2:24 pm

MNDR

Shares of Mobile-Health Network Solutions were halted due to a circuit breaker after surging 26.9% to the upside. This significant price movement triggered a temporary trading pause.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:23 pm