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Stock Prices

INSG

Trading for INSG was halted and then resumed at 8:55 AM ET, with updated quotation resumption times following the release of news.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:55 pm

DWAC

Shares of Digital World Acquisition Corp. (NASDAQ:DWAC) dropped 8.02% in premarket trading despite Donald Trump's win in the New Hampshire Republican presidential primary. The decline follows a significant rise in the stock price on Monday and Tuesday due to anticipation of Trump's victory and an SEC filing suggesting progress in DWAC's planned merger with Trump Media and Technology Group (TMTG), which owns Truth Social. The merger has faced delays due to regulatory scrutiny and shareholder hesitance.

Portfolio Pulse from Shanthi Rexaline

January 24, 2024 | 1:52 pm

DAL

DHR

FLR

ILMN

RACE

Jim Cramer advised investors on CNBC's 'Mad Money Lightning Round' to avoid Delta Air Lines (DAL), citing that airlines should be considered trades, not long-term investments. Despite Delta's Q4 FY23 revenue growth, Cramer remains cautious. He also recommended staying away from Fluor Corporation (FLR) due to its inconsistent earnings history, with Q4 results expected on Feb. 20, 2024. Cramer labeled Illumina (ILMN) as 'second-rate' compared to Danaher Corporation (DHR) and suggested passing on Ferrari N.V. (RACE) despite its strong Q3 FY23 earnings. Stock movements were mixed, with DAL, FLR, and RACE experiencing gains, while DHR and ILMN saw modest changes.

Portfolio Pulse from Avi Kapoor

January 24, 2024 | 1:52 pm

NFLX

Netflix Inc (NASDAQ:NFLX) stock is rising after reporting Q4 financial results. Revenue increased 12.5% YoY to $8.83 billion, surpassing estimates of $8.72 billion. Earnings per share were $2.11, missing the $2.21 estimate. Paid net adds were 13.12 million, with total subscribers at 260.28 million, a 12.8% increase YoY. Netflix plans to expand its ad-supported tier and expects Q1 revenue of $9.24 billion and earnings of $4.49 per share, with a full-year 2024 operating margin target of 24%. Keybanc and Wedbush raised their price targets, while Deutsche Bank downgraded the stock but increased its price target.

Portfolio Pulse from Adam Eckert

January 24, 2024 | 1:51 pm

CTRA

Piper Sandler analyst Mark Lear has maintained an Overweight rating on Coterra Energy (NYSE:CTRA) but has reduced the price target from $35 to $33.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:47 pm

CRK

Piper Sandler analyst Mark Lear has maintained a Neutral rating on Comstock Resources (NYSE:CRK) but has lowered the price target from $13 to $9.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:45 pm

CNX

Piper Sandler analyst Kashy Harrison has maintained a Neutral rating on CNX Resources (NYSE:CNX) and reduced the price target from $18 to $17.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:44 pm

PGR

Progressive Corporation's stock (PGR) is trading higher following the announcement of their fourth-quarter financial results.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:39 pm

FCX

Freeport-McMoRan's stock (FCX) is trading higher following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:38 pm

BFST

Piper Sandler analyst Graham Dick has maintained an Overweight rating on Business First Bancshares (NASDAQ:BFST) and increased the price target from $23 to $26.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:37 pm