Streetbeat News

Stock Prices

ULS

UL Solutions Inc. (NYSE:ULS) is set to IPO on April 12, offering shares priced between $26.00 and $29.00. The company, a global safety science leader, has a history dating back to 1894. The IPO includes a 180-day insider lock-up period ending on October 09, 2024.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 3:00 pm

BHC

Bausch Health Companies Inc. has appealed a court ruling regarding a legal dispute with Norwich over the drug Xifaxan. The appeal follows a decision that could impact Bausch Health's rights or profits related to Xifaxan, a significant product in their portfolio.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:59 pm

AAPL

JPMorgan Analyst Samik Chatterjee maintains a bullish outlook on Apple Inc (NASDAQ:AAPL), rating it Overweight with a price target of $210, down from $215. The optimism is based on the anticipated AI-led iPhone upgrade cycle and the resilience of Apple's Services revenues. Chatterjee highlights the valuation reset, the upcoming AI upgrade cycle, and the potential for a revenue surge in FY26 as key reasons for the positive sentiment towards Apple. The stock was up 0.8% to $169.12 at the time of publication.

Portfolio Pulse from Surbhi Jain

April 11, 2024 | 2:49 pm

MS

Recent analysis of Morgan Stanley (NYSE:MS) options activity reveals a bearish sentiment among investors, with a significant portion of trades predicting a price range of $87.5 to $100.0. The analysis includes a mix of bullish and bearish trades, with a higher volume of puts than calls, indicating expectations of a price decline. Morgan Stanley's stock is currently up 0.27% at $91.9, with neutral RSI indicators and earnings expected in 5 days.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 2:46 pm

RIOT

Recent options trading activity for Riot Platforms (NASDAQ:RIOT) shows a bearish sentiment among big money investors, with 60% of detected trades being bearish. The trading volume and open interest suggest a focus on a price range between $6.0 and $20.0. Significant trades include both bullish and bearish positions, with notable trades in calls and puts. Riot Platforms, a Bitcoin mining company, is currently trading at $9.76, down by -1.11%. Analysts have given mixed ratings, with an average target price of $17.3. JP Morgan and B. Riley Securities are optimistic, while Cantor Fitzgerald has shown concerns.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 2:46 pm

UBER

Recent options trading trends show a bullish stance on Uber Technologies (NYSE:UBER), with 56% of investors showing bullish expectations. The trading activity suggests a target price range of $40.0 to $90.0. The most significant trades include both calls and puts with varying sentiments and strike prices. Uber's current market status shows a slight increase in stock price to $74.76, with neutral RSI indicators and upcoming earnings in 19 days. Industry analysts have set an average target price of $92.8, with ratings ranging from Buy to Market Outperform.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 2:46 pm

LOVE

Lovesac Co (LOVE) forecasts Q1 net sales of $126M-$132M, below the $147.53M estimate, and EPS of $(0.84)-$(1.03), significantly lower than the $(0.15) estimate. For FY25, it expects net sales of $700M-$770M, slightly below the $765.38M estimate, and EPS of $1.06-$1.59, under the $2.15 estimate. The company also anticipates an adjusted EBITDA of $46M-$60M, net income of $18M-$27M, and a diluted income per share of $1.06 to $1.59 for FY25.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:45 pm

PSNY

Polestar's shares are trading lower following the report of their global Q1 volumes.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:38 pm

GL

Globe Life shares are trading lower after Fuzzy Panda Research released a short report on the stock.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:37 pm

RENT

Rent The Runway shares have resumed trading, indicating a potential shift in market dynamics or response to a recent event affecting the company.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 2:35 pm