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AIR

AAR Corp's stock (AIR) is trading lower following the release of mixed financial results for the second quarter.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 3:37 pm

GKOS

Piper Sandler analyst Matt O'Brien has maintained an Overweight rating on Glaukos Corporation (NYSE:GKOS) and increased the price target from $90 to $105, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 3:36 pm

ALTR

Altair Engineering's stock (ALTR) is trading higher following JP Morgan's initiation of coverage with an Overweight rating and a price target of $86.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 3:34 pm

EQNR

Equinor ASA (NYSE:EQNR) has transferred its assets in Azerbaijan to SOCAR, including interests in the Azeri Chirag Gunashli oil fields, the Baku-Tbilisi-Ceyhan pipeline, and the Karabagh field. This strategic move aligns with Equinor's plan to reshape its international oil and gas business and focus its portfolio. The companies also signed an MoU for low carbon solutions. EQNR shares rose by 1.03% to $31.92 following the news.

Portfolio Pulse from Akanksha Bakshi

December 22, 2023 | 3:34 pm

EXR

Over the past decade, Extra Space Storage (NYSE:EXR) has yielded an average annual return of 14.18%, outperforming the market by 4.23% annually. A $100 investment in EXR 10 years ago would be worth $376.70 today. The company's market capitalization stands at $33.45 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 3:30 pm

RACE

Over the past 5 years, Ferrari (NYSE:RACE) has produced an average annual return of 27.93%, outperforming the market by 13.89% on an annualized basis. A $1000 investment in RACE 5 years ago would be worth $3,509.27 today. Ferrari's market capitalization currently stands at $60.97 billion.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 3:30 pm

JD

JD.com Inc. (NASDAQ:JD) experienced a 1.97% decrease in the current session, trading at $27.43. The stock has seen a decline of 3.96% over the past month and 53.03% over the past year. Investors are examining the company's P/E ratio, which at 13.26 is lower than the Broadline Retail industry average of 31.93. This could indicate that JD.com is undervalued or may have weaker growth prospects compared to its industry peers.

Portfolio Pulse from Benzinga Insights

December 22, 2023 | 3:30 pm

COIN

Coinbase Global's stock (COIN) is trading higher following mixed analyst updates. JMP Securities reaffirmed a Market Outperform rating and increased its price target from $107 to $200. Conversely, Mizuho kept an Underperform rating but raised its price target from $35 to $54.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 3:30 pm

NXTP

NextPlay Technologies shares have resumed trading after a temporary halt. The resumption of trading allows investors to buy and sell NextPlay Technologies stock once again.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 3:29 pm

ADN

Advent Technologies Holdings Inc (NASDAQ:ADN) shares dropped 33% to a new all-time low of $0.21 after announcing a registered direct offering of 10 million shares at $0.20 each, aiming to raise $2 million. The offering targets institutional and accredited investors and is expected to close by December 27, with Joseph Gunnar & Co., LLC as the exclusive placement agent. ADN's 52-week range is now $0.20 to $2.09.

Portfolio Pulse from Henry Khederian

December 22, 2023 | 3:28 pm