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PAAS

Pan American Silver Corp. (PAAS) reported preliminary production results for 2023, which showed that the consolidated silver production was below the company's previous guidance. Additionally, the company provided its guidance for 2024. As a result, PAAS shares are trading lower.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:37 pm

Impinj Inc (NASDAQ:PI) shares rose after the company raised its Q4 2023 revenue and adjusted EBITDA guidance above prior estimates and consensus. However, BWS Financial analyst Hamed Khorsand dropped coverage, expressing skepticism about the company's growth sustainability. Impinj expects to release full results on February 8, 2024, and recently launched the Impinj R720 RAIN RFID reader. Despite the guidance boost, the analyst's stance may temper investor enthusiasm.

Portfolio Pulse from Lekha Gupta

January 17, 2024 | 5:37 pm

BAC

COIN

DFS

PYPL

RILY

TFC

USB

Today's whale activity in the financials sector shows significant options trading, with a mix of bearish, bullish, and neutral sentiments across various US-listed companies. Notable trades include bearish call option sweeps for PYPL and SQ, bearish put sweeps for BAC and DFS, bullish call trades for TFC and COIN, a bullish put trade for MQ, and neutral call trades for C and USB. RILY also saw a bearish call trade. The trades involve different expiration dates, strike prices, and volumes, indicating diverse expectations from the market participants.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 5:35 pm

UBER

Mizuho analyst James Lee has reaffirmed a Buy rating on Uber Technologies (NYSE:UBER) and increased the price target from $63 to $77, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:34 pm

SOLUSD

Solana (CRYPTO: SOL) is showing signs of a potential price breakout with a 98.9% surge in monthly active addresses and upcoming ecosystem developments. Jupiter, a Solana-based DeFi aggregator, announced an airdrop of 1 billion JUP tokens and hinted at a memecoin launch. Solana Mobile is preparing to launch a second smartphone model. Crypto analysts predict that if SOL closes above $106, it could rally by 47% towards $150-$165. SOL is currently up 1.6%, trading around $98.

Portfolio Pulse from Khyathi Dalal

January 17, 2024 | 5:33 pm

CRWD

CrowdStrike's stock (CRWD) trades lower following a downgrade from Buy to Hold by WestPark Capital.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 5:31 pm

AMST

CZOO

FSR

FTEL

During Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Fitell's stock surged by 25.2%, while Cazoo Gr and Lixiang Education Hldg saw increases of 18.12% and 10.55%, respectively. QuantaSing Group, Skillful Craftsman, and EZGO Technologies also posted gains. Conversely, Amesite, a.k.a. Brands Holding, Esports Entertainment, Chijet Motor Co, Big 5 Sporting Goods, and Fisker faced declines, with Amesite dropping by 17.1% and Fisker by 10.42%.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 5:31 pm

ADAG

BFRG

CANO

MAIA

During Wednesday's intraday session, several healthcare stocks experienced significant movements. Bullfrog AI Holdings (BFRG) and MAIA Biotechnology (MAIA) were among the gainers, with stock increases of 26.1% and 26.02%, respectively. Kintara Therapeutics (KTRA), Anitra (AZTR), Evolus (EOLS), and Jasper Therapeutics (JSPR) also saw their stocks rise. On the losing side, Adagene (ADAG) saw the largest decline of 40.5%, followed by Estrella Immunopharma (ESLA), NexImmune (NEXI), Jin Medical International (ZJYL), Acurx Pharmaceuticals (ACXP), and Cano Health (CANO) with significant drops in their stock prices.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 5:31 pm

AERT

AMSC

BGLC

EOSE

KITT

MESA

PMEC

ROMA

SAVE

TSP

UAVS

WLGS

During Wednesday's intraday session, several industrial stocks experienced significant movements. BioNexus Gene Lab (BGLC), AgEagle Aerial Sys (UAVS), WANG & LEE Group (WLGS), Eos Energy Enterprises (EOSE), American Superconductor (AMSC), and Primech Holdings (PMEC) saw gains ranging from 9.35% to 20.6%. Conversely, TuSimple Hldgs (TSP), Roma Green Finance (ROMA), Spirit Airlines (SAVE), Mesa Air Gr (MESA), Aeries Technology (AERT), and Nauticus Robotics (KITT) faced declines between 13.15% and 52.9%.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 5:31 pm

ATGL

DATS

MARK

MIMO

OPTX

PHUN

In Wednesday's intraday session, several information technology stocks experienced significant movements. Airspan Networks Holdings (MIMO) saw a massive increase of 401.9%, while Syntec Optics Holdings (OPTX) and Alpha Technology Group (ATGL) also had notable gains. Conversely, Phunware (PHUN), DatChat (DATS), and Remark Holdings (MARK) faced steep declines. Other companies like Impinj (PI), Digital Ally (DGLY), HeartCore Enterprises (HTCR), Cemtrex (CETXP), AEye (LIDR), and SEALSQ (LAES) also saw their stock prices move, with varying impacts on their market capitalization.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 5:31 pm