Streetbeat News

Stock Prices

TCNNF

California AG Rob Bonta warns of legal risks if the state allows interstate cannabis sales. Pennsylvania advances bills to protect medical cannabis patients from DUI charges without proof of impairment. Ohio police departments maintain zero-tolerance hiring policies despite cannabis legalization. Florida's medical marijuana home cultivation campaign fails due to lack of funds, while Trulieve Cannabis Corp. supports a separate legalization initiative facing legal challenges. Recent polls show strong voter support for marijuana legalization in Florida.

Portfolio Pulse from Jelena Martinovic

December 22, 2023 | 3:44 pm

SPY

USO

VGK

Russia is planning to reduce oil exports from its sea ports by 100,000 to 200,000 barrels per day in January, according to sources cited by Reuters. This decision could potentially affect global oil supply and prices.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 3:42 pm

NKE

Piper Sandler analyst Abbie Zvejnieks has maintained a Neutral rating on Nike (NYSE:NKE) but reduced the price target from $112 to $107.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 3:42 pm

ADN

Advent Technologies' stock is trading lower following the announcement of a $2 million registered direct offering of common stock, which typically dilutes existing shareholders' equity.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 3:41 pm

DSKE

Daseke Inc. shares have risen following the announcement that the company will be acquired by TFI International. This acquisition is expected to have a significant impact on Daseke's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 3:39 pm

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