Latest News for American Caresource Stock (OTC:GNOW)

American Caresource Holdings Inc is a publicly-traded provider of urgent and primary care services. It primarily operates approximately 13 urgent and primary care centers in the east and the southeastern United States. The company generally operates healthcare centers that offer an array of services for non-life-threatening medical conditions primarily to young and middle-aged adults. The group treats colds, influenzas, ear infections, hypertension and other routine medical conditions. It offers its services to healthcare companies, insurance companies, and self-funded organizations. Geographically the business activities of the firm are functioned through the region of United States.

AMER CARESOURSE HLDGS INC by American CareSource Holdings, Inc.

American Caresource Holdings Inc

WIIM

SOPA

Society Pass shares are trading lower after the company announced a 1-for-15 reverse stock split.

Leading semiconductor company Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) will report first-quarter financial results after <a href="http://benzinga.com/calendars/earnings">market close Tuesday.</a>
Here are the key earnings estimates and what analysts are saying ahead of the report.
Earnings Estimates: Analysts expect AMD to report first quarter revenue of $5.46 billion, according to data <a href="https://www.benzinga.com/pro/feature/newsfeed?gspk=bHVrZWphY29iaTUzNDg&amp;gsxid=tdEE0VrK8Jeg&amp;ref=lukejacobi5348">from Benzinga Pro.</a>
The company reported revenue of $5.35 billion in last year's first quarter. AMD has beaten revenue estimates from analysts in five straight quarters.
Analysts expect AMD to report earnings of 61 cents per share in the first quarter, slightly ahead of the 60 cents per share reported in last year's first quarter. The company has beaten earnings per share estimates from analysts in four of the last five quarters, with one in-line quarter over the same time period.
AMD said during its <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/01/36855665/amd-stock-slips-after-in-line-q4-lisa-su-touts-exciting-time-for-chipmaker-driven-b">fourth-quarter earnings report </a>that it expects first quarter revenue to be $5.4 billion, plus or minus $300 million.
Related Link: <a href="https://www.benzinga.com/markets/asia/24/04/38317570/exclusive-kraneshares-cio-talks-intel-and-amd-as-china-seeks-semiconductor-self-sufficiency">EXCLUSIVE: KraneShares CIO Talks Intel And AMD, As China Seeks Semiconductor Self-Sufficiency</a>
What Analysts Are Saying: AMD is a top pick for 2024 by Rosenblatt analyst Hans Mosesmann.
The analyst, who has a Buy rating and $250 price target, said the company is set up well for the first quarter.
"AMD setup is geared towards an inline print and a bias towards the upside, as AI MI300 and EPYC experience gains in CPUs," Mosesmann said.
The analyst expects the company to report first quarter revenue of $5.4 billion.
"This growth helps offset the usual seasonal weakness in PCs, as well as the ongoing weakness in FPGAs and consoles."
Mosesmann expects AMD to report second quarter revenue of $5.40 billion, which is below a consensus estimate of $5.74 billion.
Risks for the company include market share declines for CPU or GPU, the highly competitive landscape and the cyclical nature of the semiconductor sector, Mosesmann said.
"Any global economic slowdown/macroeconomic uncertainty can derail the semiconductor industry as a whole and, in turn, place pressure on AMD's revenues."
Here are other <a href="https://www.benzinga.com/quote/AMD/analyst-ratings">analyst ratings on AMD</a> and price targets ahead of the first quarter earnings report.
<ul>
<li>Morgan Stanley: Overweight rating, lowers price target from $193 to $177</li>
<li>Susquehanna: Positive rating, lowers price target from $200 to $185</li>
<li>TD Cowen: Buy rating, raises price target from $185 to $200</li>
<li>Wedbush: Outperform rating, $200 price target</li>
<li>Evercore: Initiates with Outperform rating, $200 price target</li>
<li>HSBC: Upgrades from Hold to Buy, $225 price target</li>
</ul>
AMD Price Action: AMD shares are up 1% to $159.62 on Monday versus a 52-week trading range of $81.02 to $227.30. AMD shares are up 83% over the last year.
Read Next: <a href="https://www.benzinga.com/top-stories/24/04/38462013/amd-and-samsung-partner-to-boos-mi350-chip-capabilities-with-advanced-memory-tech">AMD and Samsung Partner To Boos MI350 Chip Capabilities with Advanced Memory Tech</a>
Photo: Shutterstock

Price Target

Previews

Reiteration

Analyst Ratings

Trading Ideas

AMD Q1 Earnings Preview: Analysts Bullish, But Warn Of Factors That 'Can Derail The Semiconductor Industry'

Wedbush analyst Richard Anderson reiterates Equity Residential (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQR#NYSE">EQR</a>) with a Neutral and maintains $68 price target.

News

Wedbush Reiterates Neutral on Equity Residential, Maintains $68 Price Target

Beverage giant Coca-Cola Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) will report first-quarter financial results before market open <a href="https://www.benzinga.com/calendars/earnings">Tuesday, April 30, 2024.</a>
Here are the earnings estimates and key items to watch ahead of the report.
Earnings Estimates: Analysts expect Coca-Cola to report first-quarter revenue of $11.01 billion according to <a href="https://www.benzinga.com/pro/feature/newsfeed?gspk=bHVrZWphY29iaTUzNDg&amp;gsxid=tdEE0VrK8Jeg&amp;ref=lukejacobi5348">data from Benzinga Pro.</a>
The estimated revenue would come in slightly ahead of last year's first-quarter total of $10.98 billion. The company has beaten revenue estimates from analysts in 12 straight quarters.
Analysts expect the company to report first-quarter earnings per share of 70 cents, compared to 68 cents reported in last year's first quarter. The company has beaten earnings per share estimates from analysts in three of the past five quarters and met expectations in two of the past three quarters.
Coca-Cola <a href="https://www.benzinga.com/news/earnings/24/02/37094584/coca-colas-q4-us-demand-takes-hit-still-expects-fy24-organic-revenue-growth">said earlier this year</a> it expects fiscal year organic revenue to be up 6% to 7% year-over-year and earnings per share to increase 4% to 5% year-over-year.
Related Link: <a href="https://www.benzinga.com/general/restaurants/24/03/37860004/why-coca-cola-sells-soda-made-with-real-sugar-once-a-year-its-back-look-for-yellow-caps">Why Coca-Cola Sells Soda Made With Real Sugar Once A Year: It&#8217;s Back, Look For Yellow Caps</a>
Key Items to Watch: The earnings report from Coca-Cola will be closely monitored as food and beverage stocks can provide a barometer for consumer spending amid a time of increased inflation.
Coca-Cola and other food and beverage companies are working <a href="https://www.benzinga.com/news/24/04/38142749/food-giants-pivot-to-discounts-and-new-sizes-amid-decreased-spending-by-low-income-americans">on revamping product lines</a> and marketing to better align with low-income consumers according to a recent report.
The beverage giant has also been linked to being a company that could see declines in sales due to weight-loss drugs, which continues to be an item to monitor based on management commentary in quarterly results.
Another item to watch will be commentary<a href="https://www.benzinga.com/news/24/02/37219961/coca-cola-currently-does-not-anticipate-effects-of-international-conflicts-to-have-a-material-impact"> on international conflicts </a>including Europe and the Middle East. Coca-Cola said in February that it doesn't expect the conflicts to have a material impact on its results, but that could change as time passes.
Comments on new products and future items could also be a key to watch as investors and analysts size up what's in store for Coca-Cola for the rest of 2024.
KO Price Action: Coca-Cola shares trade at $61.75 versus a 52-week trading range of $51.55 to $64.69. Shares of Coca-Cola are down 3% over the last year.
Read Next: <a href="https://www.benzinga.com/news/earnings/24/04/38481553/will-earnings-cheer-continue-to-buoy-markets-apple-amazon-pfizer-coinbase-lead-flurry-of-q1-reports">Will Earnings Cheer Continue To Buoy Markets? Apple, Amazon, Pfizer, Coinbase Lead Flurry Of Q1 Reports This Week</a>
Photo: Shutterstock

Coca-Cola Q1 Earnings Preview: Will Beverage Giant Beat Revenue Estimates For 13th Straight Quarter?

Legal

TMUS

U.S. Federal Communications Commission Finalizes Nearly $200M In Fines For U.S. Wireless Carriers Over Illegal Consumer Data Disclosures; Fines Include $103M For T-Mobile And Its Sprint Unit

Amazon.com Inc. Founder Jeff Bezos's net worth is $197 billion as of April. The massive sum dwarfs the average American's net worth of $192,700, as reported by the Federal Reserve in 2023.&nbsp;
This makes his net worth more than 1 million times greater than the average person's net worth, or 1.026 million.&nbsp;
Most people can't grasp the magnitude of Bezos's wealth. Consider this: Spending $1 million for Bezos would be equivalent to $1 for an average person.&nbsp;
Here is another statistic to put it into perspective. According to the U.S. Bureau of Labor Statistics, the average U.S. salary at the end of 2023 was $59,384. This means it would take over 16.5 years to earn $1 million.&nbsp;
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<li>Want To Grow Your Wealth Passively? Unlock Real Wealth with <a href="https://www.benzinga.com/money/cityfunds-yield">Cityfunds&#8217; Exclusive 8% Yield Fund</a>.</li>
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Considering the vastness of Bezos&#8217;s wealth, a glimpse into his extravagant purchases sheds light on the immense disparity. For example, his combined expenditures on a yacht, multiple mansions, and a private jet total $1 billion, which is equivalent to an average person spending just $1,000.&nbsp;
One of his most lavish purchases was a $500 million superyacht named Koru. The three-masted sailing yacht, measuring 417 feet, is the second-largest globally and features luxurious amenities like an in-deck swimming pool and a cinema.
In addition to his maritime indulgence, Bezos's real estate ventures in 2023 were ambitious. He purchased a $79 million mansion spanning 19,000 square feet next to his initial $68 million property on Indian Creek, located in the prestigious Billionaire Bunker.&nbsp;
In April, he purchased a <a href="https://www.benzinga.com/real-estate/24/04/38075377/jeff-bezos-buys-90-million-florida-mansion-to-live-in-while-his-other-newly-purchased-147-million-ho">$90 million estate</a> where he plans to live while his $147 pair of homes are reportedly demolished. This property features over 12,100 square feet of living space, a pool and a dock spread across an 80,000-square-foot lot. His famous neighbors include Ivanka Trump and Tom Brady.
Trending:
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<li>Elon Musk Is Bullish On Austin. Here&#8217;s <a href="https://www.benzinga.com/go/musk-austin">How To Invest In The City&#8217;s Growth Before He Floods It With New Tech Workers</a>.</li>
</ul>
Bezos's property portfolio also includes a beachfront home in Maui, Hawaii, which he bought in 2021 for $79 million. The mansion has an outdoor kitchen and is enveloped in lush tropical greenery.&nbsp;
In April 2020, he expanded his real estate holdings in New York City by acquiring a $16 million, three-bedroom condominium on the 20th floor of 212 Fifth Ave. The purchase marked the fifth time he acquired an entire floor in the 24-story building, having previously invested $80 million in June 2019 for the 21st, 22nd, 23rd and 24th floors. His 2019 acquisition spree included a three-story, five-bedroom penthouse and the two units below it, which he reportedly planned to combine into a single 17,000-square-foot mega-condo.
Bezos also owns a Gulfstream G650ER private jet, an investment of $65 million known for its speed and global travel capabilities.
On the business front, Bezos's expenditures are equally significant.&nbsp;
In 2013, he purchased The Washington Post for $250 million, a move aimed at preserving the publication's journalistic integrity. In 2017, Amazon acquired Whole Foods Market Inc. for $13.7 billion, a strategic expansion into the grocery market to offer a broader selection of fresh food products to customers.&nbsp;
Read Next:
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<li>Dara Khosrowshahi-Backed Startup Lets You <a href="https://www.benzinga.com/go/dara-backed-startup">Become a Landlord with $100</a>.</li>
<li>Miami Is Expected To Take New York's Place As The US Financial Capital. <a href="https://www.benzinga.com/go/miami-financial-capital">Invest In It With $500 Before That Happens</a>.</li>
</ul>

Real Estate

Jeff Bezos Is So Rich That Spending $1,000,000 Is Like The Average Person Spending $1 — Here Is How He Spends His Fortune

TD Cowen analyst Bill Katz maintains AllianceBernstein Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AB#NYSE">AB</a>) with a Buy and lowers the price target from $40 to $39.

TD Cowen Maintains Buy on AllianceBernstein Holding, Lowers Price Target to $39

LSXMA

Liberty SiriusXM Group shares are trading higher after Seaport Global upgraded the stock from Neutral to Buy and announced a $36 price target.

TD Cowen analyst Bill Kirk maintains Virtus Inv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NYSE">VRTS</a>) with a Hold and raises the price target from $245 to $250.

VRTS

TD Cowen Maintains Hold on Virtus Inv, Raises Price Target to $250

Oppenheimer analyst Chris Kotowski maintains WisdomTree (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WT#NYSE">WT</a>) with a Outperform and maintains $11 price target.

Oppenheimer Maintains Outperform on WisdomTree, Maintains $11 Price Target

Financial giants have made a conspicuous bullish move on Exxon Mobil. Our analysis of options history for Exxon Mobil (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) revealed 25 unusual trades.
Delving into the details, we found 60% of traders were bullish, while 28% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $226,087, and 20 were calls, valued at $1,255,503.
<h3>What's The Price Target?</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $70.0 and $160.0 for Exxon Mobil, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Exxon Mobil's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Exxon Mobil's significant trades, within a strike price range of $70.0 to $160.0, over the past month.
<h3>Exxon Mobil 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714410963_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$24.5</td>
<td>$24.35</td>
<td>$24.46</td>
<td>$100.00</td>
<td>$122.4K</td>
<td>428</td>
<td style="text-align: right;">100</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$24.65</td>
<td>$24.45</td>
<td>$24.45</td>
<td>$100.00</td>
<td>$122.2K</td>
<td>428</td>
<td style="text-align: right;">150</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$24.2</td>
<td>$24.2</td>
<td>$24.2</td>
<td>$105.00</td>
<td>$104.0K</td>
<td>1.2K</td>
<td style="text-align: right;">43</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.4</td>
<td>$15.25</td>
<td>$15.4</td>
<td>$110.00</td>
<td>$90.8K</td>
<td>5.7K</td>
<td style="text-align: right;">60</td>
</tr>
<tr>
<td>XOM</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$8.3</td>
<td>$8.15</td>
<td>$8.23</td>
<td>$120.00</td>
<td>$82.3K</td>
<td>2.7K</td>
<td style="text-align: right;">300</td>
</tr>
</tbody>
</table>

<h3>About Exxon Mobil</h3>
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 2.4 million barrels of liquids and 7.7 billion cubic feet of natural gas per day. At the end of 2023, reserves were 16.9 billion barrels of oil equivalent, 66% of which were liquids. The company is one the world's largest refiners with a total global refining capacity of 4.5 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
<h3>Where Is Exxon Mobil Standing Right Now?</h3>
<ul>
<li>With a trading volume of 9,212,886, the price of XOM is up by 1.36%, reaching $119.56.</li>
<li>Current RSI values indicate that the stock is is currently neutral between overbought and oversold.</li>
<li>Next earnings report is scheduled for 88 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Exxon Mobil</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $136.4.
<ul>
<li>An analyst from Scotiabank persists with their Sector Perform rating on Exxon Mobil, maintaining a target price of $129. </li>
<li>Maintaining their stance, an analyst from UBS continues to hold a Buy rating for Exxon Mobil, targeting a price of $150. </li>
<li>An analyst from Wells Fargo persists with their Overweight rating on Exxon Mobil, maintaining a target price of $138. </li>
<li>An analyst from TD Cowen has decided to maintain their Buy rating on Exxon Mobil, which currently sits at a price target of $120. </li>
<li>An analyst from Piper Sandler persists with their Overweight rating on Exxon Mobil, maintaining a target price of $145. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Exxon Mobil, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Looking At Exxon Mobil's Recent Unusual Options Activity

Deep-pocketed investors have adopted a bearish approach towards EHang Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EH#NASDAQ">EH</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in EH usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 22 extraordinary options activities for EHang Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 45% leaning bullish and 50% bearish. Among these notable options, 20 are puts, totaling $1,203,572, and 2 are calls, amounting to $65,580.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $22.5 for EHang Holdings over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for EHang Holdings options trades today is 1495.83 with a total volume of 41,597.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for EHang Holdings's big money trades within a strike price range of $10.0 to $22.5 over the last 30 days.
<h3>EHang Holdings Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714410957_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>EH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$1.6</td>
<td>$1.4</td>
<td>$1.4</td>
<td>$17.00</td>
<td>$126.0K</td>
<td>7</td>
<td>2.0K</td>
</tr>
<tr>
<td>EH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$1.0</td>
<td>$0.95</td>
<td>$0.95</td>
<td>$16.00</td>
<td>$118.6K</td>
<td>15</td>
<td>1.3K</td>
</tr>
<tr>
<td>EH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$1.25</td>
<td>$1.0</td>
<td>$1.0</td>
<td>$17.00</td>
<td>$99.9K</td>
<td>7</td>
<td>7.6K</td>
</tr>
<tr>
<td>EH</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$1.75</td>
<td>$1.4</td>
<td>$1.45</td>
<td>$17.00</td>
<td>$88.5K</td>
<td>7</td>
<td>1.0K</td>
</tr>
<tr>
<td>EH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$2.2</td>
<td>$2.15</td>
<td>$2.2</td>
<td>$15.00</td>
<td>$85.8K</td>
<td>8.0K</td>
<td>682</td>
</tr>
</tbody>
</table>

<h3>About EHang Holdings</h3>
EHang Holdings Ltd is an autonomous aerial vehicle (AAV) technology platform company. It focuses on making safe, autonomous and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with AAV products and commercial solutions: air mobility (including passenger transportation and logistics), smart city management and aerial media solutions. As the forerunner of cutting-edge AAV technologies and commercial solutions in the global Urban Air Mobility industry, it continues to explore the boundaries of the sky to make flying technologies benefit life in smart cities.
In light of the recent options history for EHang Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of EHang Holdings</h3>
<ul>
<li>With a volume of 1,188,719, the price of EH is up 2.63% at $18.72. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 30 days.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for EHang Holdings, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

A Closer Look at EHang Holdings's Options Market Dynamics

Deep-pocketed investors have adopted a bullish approach towards Zillow Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/Z#NASDAQ">Z</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in Z usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Zillow Gr. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 66% leaning bullish and 33% bearish. Among these notable options, 5 are puts, totaling $549,789, and 4 are calls, amounting to $237,179.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $42.5 and $60.0 for Zillow Gr, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Zillow Gr's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Zillow Gr's substantial trades, within a strike price spectrum from $42.5 to $60.0 over the preceding 30 days.
<h3>Zillow Gr 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714410952_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>Z</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$16.45</td>
<td>$16.4</td>
<td>$16.4</td>
<td>$60.00</td>
<td>$324.7K</td>
<td>1.1K</td>
<td style="text-align: right;">198</td>
</tr>
<tr>
<td>Z</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$4.5</td>
<td>$4.4</td>
<td>$4.4</td>
<td>$42.50</td>
<td>$119.6K</td>
<td>588</td>
<td style="text-align: right;">272</td>
</tr>
<tr>
<td>Z</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$12.65</td>
<td>$12.15</td>
<td>$12.65</td>
<td>$52.50</td>
<td>$74.6K</td>
<td>1</td>
<td style="text-align: right;">59</td>
</tr>
<tr>
<td>Z</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$4.15</td>
<td>$4.05</td>
<td>$4.05</td>
<td>$45.00</td>
<td>$72.4K</td>
<td>12.4K</td>
<td style="text-align: right;">185</td>
</tr>
<tr>
<td>Z</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$12.25</td>
<td>$12.05</td>
<td>$12.05</td>
<td>$55.00</td>
<td>$48.2K</td>
<td>321</td>
<td style="text-align: right;">40</td>
</tr>
</tbody>
</table>

<h3>About Zillow Gr</h3>
Zillow Group Inc is an Internet-based real estate company that offers its customers an on-demand experience for selling, buying, renting, or financing with transparency and ease The group works with real estate agents, brokers, builders, property managers, and landlords to pair technology with top-notch service. The group has brands such as Zillow, Trulia, StreetEasy, Hotpads, Zillow Rentals, Zillow Home Loans, ShowingTime, Follow Up Boss, Aryeo and others.
After a thorough review of the options trading surrounding Zillow Gr, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Zillow Gr's Current Market Status</h3>
<ul>
<li>Trading volume stands at 862,567, with Z's price down by 0.0%, positioned at $43.67.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 2 days.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Zillow Gr with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

What the Options Market Tells Us About Zillow Gr

Oppenheimer analyst Scott Schneeberger maintains United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) from Perform to Perform.

Oppenheimer Maintains Perform on United Rentalsto Perform

BTIG analyst Soham Bhonsle maintains Stewart Information Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STC#NYSE">STC</a>) with a Buy and raises the price target from $68 to $70.

BTIG Maintains Buy on Stewart Information Servs, Raises Price Target to $70

Oppenheimer analyst Jason Helfstein maintains Uber Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) with a Outperform and maintains $90 price target.

UBER

Oppenheimer Maintains Outperform on Uber Technologies, Maintains $90 Price Target

WEC Energy Group, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WEC#NYSE">WEC</a>) shares are trading higher after the company inked a deal to acquire a 90% ownership interest in the Delilah I&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38487298/wec-energy-group-to-acquire-90-ownership-of-delilah-i-solar-energy-center" rel="noreferrer noopener">Solar Energy Center for $459 million</a>.
Delilah I is a 300-megawatt project located around 140 miles northeast of&nbsp;Dallas, Texas, and the commercial operation&nbsp;is expected&nbsp;to begin by the end of June.
Delilah I is part of the five-phase Samson &amp; Delilah solar portfolio and is one of the&nbsp;largest&nbsp;solar facilities under construction in&nbsp;the U.S.&nbsp;
WEC Energy Group owns a majority stake in Samson I,&nbsp;which is&nbsp;a separate phase of the Samson &amp; Delilah project.
Gale Klappa,&nbsp;executive&nbsp;chairman,&nbsp;said, &#8220;The Delilah Solar project is an exciting addition to our Infrastructure business and highlights our continued investment in affordable, reliable&nbsp;and&nbsp;clean energy.&nbsp;This project will help one of the world&#8217;s largest automakers meet their clean energy goals for years to come.&#8221;&nbsp;
The company plans to release&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">first-quarter FY24 earnings&nbsp;on May 1</a>.
Investors can gain exposure to the stock via&nbsp;Invesco Dorsey Wright Utilities Momentum ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PUI#NASDAQ">PUI</a>) and&nbsp;First Trust EIP Carbon Impact ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ECLN#NYSE">ECLN</a>).
Price Action: WEC shares are up 1.41% at $82.64 at the last check Monday.
Photo via Shutterstock

Equities

Large Cap

ECLN

PowerShares ETF Trust Dynamic Utilities Portfolio

What's Going On With WEC Energy Shares Monday?

TD Cowen analyst John Blackledge maintains Carvana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) with a Hold and raises the price target from $58 to $70.

CVNA

TD Cowen Maintains Hold on Carvana, Raises Price Target to $70

Oppenheimer analyst Rupesh Parikh maintains Sprouts Farmers Market (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFM#NASDAQ">SFM</a>) from Perform to Perform.

Oppenheimer Maintains Perform on Sprouts Farmers Marketto Perform

Distressed U.S. cannabis operators, historically <a href="https://www.benzinga.com/markets/cannabis/22/09/28815226/due-to-the-federal-prohibition-of-marijuana-cannabis-related-debtors-are-treated-unequally-by-th" target="_blank" rel="noreferrer noopener">barred from bankruptcy relief due to federal legal constraints</a>, may soon find a glimmer of hope. As attitudes shift and federal marijuana rescheduling looms, the landscape for financial restructuring in the <a href="https://www.benzinga.com/cannabis" target="_blank" rel="noreferrer noopener">cannabis industry</a> could change significantly.
<h3 class="wp-block-heading">Legal Paradoxes</h3>
Ryan Spengler, an associate specializing in financial restructuring law at Duane Morris, <a href="https://mjbizdaily.com/what-is-status-of-marijuana-industry-bankruptcy-reform/" target="_blank" rel="noreferrer noopener">expressed</a> cautious optimism to MJBizDaily. He highlighted that evolving court stances, coupled with potential federal <a href="https://www.benzinga.com/topic/cannabis-rescheduling" target="_blank" rel="noreferrer noopener">rescheduling of cannabis</a>, might pave the way for new bankruptcy avenues. &#8220;If there's a movement from these bankruptcy courts before rescheduling even happens, if rescheduling were to happen, you would expect more courts to take similar stances – if not more drastic stances – toward favoring cannabis-related companies in bankruptcy,&#8221; Spengler noted.
<h3 class="wp-block-heading">Emerging Alternatives And Seeds Of Judicial Change</h3>
Cannabis companies often turn to alternatives like state court receiverships or out-of-court restructuring. Some even explore Canadian insolvency laws. This complexity stems from the federal U.S. Bankruptcy Code, which prohibits plans involving activities forbidden by federal law. Since cannabis remains illegal under the <a href="https://www.benzinga.com/markets/cannabis/24/02/36916329/is-marijuana-a-controlled-substance-wait-what-is-a-controlled-substance" target="_blank" rel="noreferrer noopener">federal Controlled Substances Act</a>, traditional bankruptcy routes are closed to state-regulated marijuana businesses.
However, recent court decisions suggest a shifting landscape. For example, the U.S. Bankruptcy Court for the Central District of California, in a 2023 <a href="https://www.cacb.uscourts.gov/opinion/re-hacienda-company-llc-opinion-motion-dismiss-cannabis-related-case" target="_blank" rel="noreferrer noopener">case</a> titled "In re The Hacienda Co.", approved a plan that involved selling shares in a <a href="https://www.benzinga.com/markets/cannabis/24/03/37986890/lowell-farms-navigates-challenging-terrain-with-35-revenue-dip-a-look-at-2023s-financial-outcome">Canadian </a><a href="https://www.benzinga.com/markets/cannabis/24/03/37986890/lowell-farms-navigates-challenging-terrain-with-35-revenue-dip-a-look-at-2023s-financial-outcome" target="_blank" rel="noreferrer noopener">cannabis </a><a href="https://www.benzinga.com/markets/cannabis/24/03/37986890/lowell-farms-navigates-challenging-terrain-with-35-revenue-dip-a-look-at-2023s-financial-outcome">firm</a>, circumventing federal legal barriers. This marked a significant departure from previous stricter stances.
The Economic Impact Of Rescheduling Cannabis
These shifts are mirrored by potential legal reforms. The U.S. Drug Enforcement Administration is <a href="https://www.benzinga.com/markets/cannabis/24/04/38326864/dea-public-comment-period-and-a-cannabis-related-crypto-bill-you-heard-it-first-at-benzinga-conf" target="_blank" rel="noreferrer noopener">contemplating moving cannabis</a> to Schedule 3 of the Controlled Substances Act, a move that, while not eliminating all obstacles, could soften the financial impact on cannabis companies by eliminating certain <a href="https://www.benzinga.com/markets/cannabis/24/04/38283271/beating-the-irs-tax-code-a-cannabis-companys-successful-esops-transition-to-empower-workers-and-" target="_blank" rel="noreferrer noopener">tax burdens under section 280E</a>.
<h3 class="wp-block-heading">Developing News: MedMen's Bankruptcy</h3>
The bankruptcy scenario for the sector is further complicated by high-profile cases like <a href="https://www.benzinga.com/markets/cannabis/24/04/38478505/once-called-the-apple-store-of-weed-and-valued-at-1-7b-this-cannabis-company-has-declared-bankru" target="_blank" rel="noreferrer noopener">MedMen Enterprises Inc., once dubbed the &#8220;Apple Store of weed.&#8221;</a> MedMen&#8217;s declaration of bankruptcy highlights the pressing financial perils even well-funded cannabis ventures face. &#8220;The difficult decision to shut down operations and commence the Bankruptcy Proceedings and Receivership Proceedings was made after careful consideration of the current financial condition of the Company and its subsidiaries, their inability to pay their liabilities as they become due and the anticipated enforcement actions of secured creditors,&#8221; MedMen <a href="https://financialpost.com/pmn/business-wire-news-releases-pmn/medmen-announces-entering-bankruptcy-proceedings-and-resignation-of-cfo-and-directors" target="_blank" rel="noreferrer noopener">announced</a> in press release on Friday.&nbsp;
While a full solution may still be years away, the evolving judicial attitudes and the anticipated rescheduling of cannabis point towards a more flexible and supportive approach to cannabis-related financial distress.
Keep your own cannabis business on track and raise capital at <a href="https://cannabismarketspotlight.com/" target="_blank" rel="noreferrer noopener">Benzinga's New Jersey Market Spotlight</a> on June 17. Network with key industry players, hear from the top operators and close deals that will shape the future. Act now— spots are filling fast. Get your tickets <a href="https://cannabismarketspotlight.com/" target="_blank" rel="noreferrer noopener">here</a>.