Streetbeat News

Stock Prices

NEXI

Shares of NexImmune were halted due to a circuit breaker after experiencing a sharp increase, with the stock price rising by 5.17%.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 2:39 pm

ENIC

HE

OPAL

SPH

TAC

Benzinga Insights has identified five value stocks in the utilities sector based on their low P/E ratios, indicating potential undervaluation. The stocks are Suburban Propane Partners (SPH), OPAL Fuels (OPAL), TransAlta (TAC), Hawaiian Electric Industries (HE), and Enel Chile (ENIC). The article provides recent financial metrics for these companies, including changes in earnings per share (EPS) and dividend yields.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 2:38 pm

RLAY

Relay Therapeutics has filed a prospectus with the SEC for the proposed resale or other disposition of 2.5 million shares of common stock by a selling stockholder.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 2:35 pm

BTCUSD

ETHUSD

LDOUSD

STXUSD

Ethereum (ETH) surpassed the $2,400 level while Bitcoin (BTC) traded below $46,000. Lido DAO (LDO) emerged as the top gainer with a 17.3% increase over the past 24 hours, while Stacks (STX) was the biggest loser, dropping 10.2%. The global crypto market cap experienced a slight decline of 0.3%, with BTC and ETH moving in opposite directions.

Portfolio Pulse from Avi Kapoor

January 10, 2024 | 2:34 pm

CMI

Cummins (NYSE:CMI) has delivered an average annual return of 15.92% over the past 15 years, outperforming the market. An initial investment of $100 in CMI stock 15 years ago would be worth $976.04 today. Cummins currently has a market cap of $33.94 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 2:30 pm

TTWO

Over the past 15 years, Take-Two Interactive (NASDAQ:TTWO) has produced an average annual return of 23.02%, outperforming the market. A $1000 investment in TTWO 15 years ago would be worth $22,302.39 today. The company's current market capitalization is $27.08 billion.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 2:30 pm

WMT

Walmart Inc (NYSE:WMT) is expanding its drone delivery service to cover 75% of the Dallas-Fort Worth population, partnering with Wing and Zipline for deliveries. The service will offer a delivery radius of up to 10 miles and can deliver items in as little as 10 minutes. Walmart has already completed over 20,000 safe drone deliveries and is integrating technologies like AI and AR to further enhance its services. WMT stock saw a slight increase of 0.08% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

January 10, 2024 | 2:23 pm

TROW

UBS analyst Brennan Hawken has maintained a Sell rating on T. Rowe Price Group (NASDAQ:TROW) but increased the price target from $86 to $102.

Portfolio Pulse from Benzinga Newsdesk

January 10, 2024 | 2:22 pm

EA

Electronic Arts (NYSE:EA) has seen a decrease in short interest, with the current level at 4.27 million shares or 1.59% of float, down 4.22% from the last report. It would take 1.97 days to cover all short positions. Short interest is a market sentiment indicator, and EA's short interest is below its peer group average of 3.89%. This decline in short interest does not necessarily predict a stock price increase.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 2:15 pm

MRK

Merck & Co (NYSE:MRK) has experienced a 19.7% decrease in short interest since its last report, with 13.47 million shares sold short, representing 0.53% of its float. The average time to cover these short positions is 1.25 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Merck's short interest is below its peer group average of 3.75%. Short interest is a key indicator of market sentiment and can influence stock price movements.

Portfolio Pulse from Benzinga Insights

January 10, 2024 | 2:15 pm