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AMC

Wedbush analyst Alicia Reese lowered the price target for AMC Entertainment Holdings Inc (NYSE:AMC) from $6 to $4 while maintaining a Neutral rating. Despite this, Reese raised first-quarter revenue estimates for AMC due to better box office trends and potential for market share expansion. AMC's heavy debt load and future share issuance plans are concerns. AMC shares are trading lower, down 1.5% at $2.93.

Portfolio Pulse from Adam Eckert

April 18, 2024 | 4:39 pm

NFLX

Netflix Inc (NASDAQ:NFLX) is anticipated to report Q1 earnings with an EPS of $4.52 and revenues of $9.28 billion. Despite a year-to-date increase of 27% and a yearly rise of 84.45%, technical analysis shows mixed sentiments with a slight bearish bias ahead of the earnings. Indicators like the SMA and MACD suggest bullish momentum, while the RSI and Bollinger Bands indicate potential bearish movements. Analyst consensus rates NFLX as a Buy with a target price of $546.97, though recent assessments suggest a higher average target of $612.67, with a slight potential downside.

Portfolio Pulse from Surbhi Jain

April 18, 2024 | 4:38 pm

ALK

Alaska Air is expected to receive 10-20 Boeing 737 Max aircraft deliveries in 2024, a decrease from the 23 aircraft received previously, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:37 pm

ZURA

Zura Bio's stock is trading higher following the announcement of an oversubscribed $112.5 million private placement.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:36 pm

ALK

Shares of Hawaiian Holdings experienced a decline as market participants reacted to a blog suggesting the Department of Justice (DoJ) might block the proposed merger between Alaska Air and Hawaiian Airlines. This speculation has introduced uncertainty around the deal's completion, impacting investor sentiment towards Hawaiian Holdings.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:34 pm

ALLY

COF

DFS

SYF

WFC

Bank stocks are trading higher, potentially due to positive earnings reports from Ally and Discover Financial Services, which may be influencing the sector.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:33 pm

WLK

B of A Securities analyst David Begleiter upgraded Westlake (NYSE:WLK) from Hold to Buy and increased the price target from $138 to $174.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:32 pm

BLDR

Jefferies has increased its price target for Builders FirstSource (BLDR) from $226 to $237, indicating a positive outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:32 pm

CPOP

DJT

GTN

In Thursday's intraday session, several communication services stocks experienced significant movements. Notable gainers included Pop Culture Gr, Trump Media & Technology, Onfolio Holdings, Haoxi Health Technology, HWH International, and Lytus Technologies Hldgs, with increases ranging from 10.27% to 25.8%. Conversely, Kartoon Studios, 9F, Collective Audience, Chicken Soup for the Soul, Gray Television, and ZW Data Action Tech were among the losers, with declines between 10.59% and 25.0%.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 4:31 pm

ALRN

BPTH

ICU

In Thursday's intraday session, several healthcare stocks experienced significant movements. Bio-Path Holdings, Aileron Therapeutics, 23andMe Holding, SINTX Techs, iSpecimen, and Benitec Biopharma were among the gainers, with increases ranging from 25.62% to 67.1%. On the downside, SeaStar Medical Holding, Aptorum Group, NRX Pharmaceuticals, Genetic Technologies, Ontrak, and INVO Bioscience saw declines between 20.34% and 27.0%. These movements were influenced by recent earnings reports and market dynamics.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 4:31 pm