Latest news for SBS Holdings (OTC:SBSOF) Stock

SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.

SBS Holdings Inc

Needham analyst Mike Matson reiterates Artivion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AORT#NYSE">AORT</a>) with a Buy and maintains $34 price target.

News

Price Target

Reiteration

Analyst Ratings

AORT

Needham Reiterates Buy on Artivion, Maintains $34 Price Target

Roth MKM analyst Rohit Kulkarni maintains Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) with a Buy and raises the price target from $220 to $250.

AMZN

Roth MKM Maintains Buy on Amazon.com, Raises Price Target to $250

HC Wainwright &amp; Co. analyst Patrick Trucchio reiterates Beam Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BEAM#NASDAQ">BEAM</a>) with a Buy and maintains $80 price target.

BEAM

HC Wainwright & Co. Reiterates Buy on Beam Therapeutics, Maintains $80 Price Target

WIIM

NKLA

Nikola Corporation shares are trading lower after the company announced a $100 million equity distribution agreement for an at-the-market offering of common stock.

RVNC

Revance shares are trading lower after the company announced an amended and restated merger agreement with Crown Laboratories, under which Crown will commence a tender offer to acquire all outstanding shares of Revance's common stock for $3.10 per share in cash.

Melius Research analyst Ben Reitzes initiates coverage on Qualcomm (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) with a Hold rating and announces Price Target of $180.

Initiation

QCOM

Melius Research Initiates Coverage On Qualcomm with Hold Rating, Announces Price Target of $180

Trading Ideas

Options

ASTS

BIDU

CHTR

GOOG

GOOGL

RBLX

RDDT

ROKU

TMUS

10 Communication Services Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$390.00</td>
<td>$84.3K</td>
<td>37.2K</td>
<td>31.7K</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$115.00</td>
<td>$35.4K</td>
<td>11.6K</td>
<td>11.3K</td>
</tr>
<tr>
<td>M</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$17.00</td>
<td>$25.7K</td>
<td>17.7K</td>
<td>9.5K</td>
</tr>
<tr>
<td>DKNG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$42.50</td>
<td>$49.4K</td>
<td>550</td>
<td>6.4K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$40.00</td>
<td>$40.1K</td>
<td>52.4K</td>
<td>6.3K</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$17.50</td>
<td>$735.0K</td>
<td>12.1K</td>
<td>3.3K</td>
</tr>
<tr>
<td>ZK</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$30.00</td>
<td>$144.8K</td>
<td>558</td>
<td>3.1K</td>
</tr>
<tr>
<td>QS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$6.00</td>
<td>$28.0K</td>
<td>9.0K</td>
<td>3.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$225.00</td>
<td>$25.2K</td>
<td>3.3K</td>
<td>2.9K</td>
</tr>
<tr>
<td>NKE</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$65.00</td>
<td>$134.7K</td>
<td>3.7K</td>
<td>552</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on December 13, 2024. This event was a transfer of 124 contract(s) at a $390.00 strike. This particular call needed to be split into 12 different trades to become filled. The total cost received by the writing party (or parties) was $84.3K, with a price of $681.0 per contract. There were 37253 open contracts at this strike prior to today, and today 31748 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on December 20, 2024. Parties traded 78 contract(s) at a $115.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $35.4K, with a price of $454.0 per contract. There were 11632 open contracts at this strike prior to today, and today 11357 contract(s) were bought and sold. 
• Regarding M (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>), we observe a call option trade with bearish sentiment. It expires in 39 day(s) on January 17, 2025. Parties traded 250 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $25.7K, with a price of $103.0 per contract. There were 17772 open contracts at this strike prior to today, and today 9547 contract(s) were bought and sold. 
• Regarding DKNG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DKNG#NASDAQ">DKNG</a>), we observe a put option sweep with bullish sentiment. It expires in 11 day(s) on December 20, 2024. Parties traded 504 contract(s) at a $42.50 strike. This particular put needed to be split into 39 different trades to become filled. The total cost received by the writing party (or parties) was $49.4K, with a price of $98.0 per contract. There were 550 open contracts at this strike prior to today, and today 6462 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option sweep that happens to be bearish, expiring in 39 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $40.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $40.1K, with a price of $404.0 per contract. There were 52430 open contracts at this strike prior to today, and today 6326 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a call option trade with bullish sentiment. It expires in 102 day(s) on March 21, 2025. Parties traded 5000 contract(s) at a $17.50 strike. The total cost received by the writing party (or parties) was $735.0K, with a price of $147.0 per contract. There were 12146 open contracts at this strike prior to today, and today 3316 contract(s) were bought and sold. 
• For ZK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZK#NYSE">ZK</a>), we notice a call option trade that happens to be neutral, expiring in 11 day(s) on December 20, 2024. This event was a transfer of 999 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $144.8K, with a price of $145.0 per contract. There were 558 open contracts at this strike prior to today, and today 3137 contract(s) were bought and sold. 
• Regarding QS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QS#NYSE">QS</a>), we observe a call option trade with bullish sentiment. It expires in 74 day(s) on February 21, 2025. Parties traded 500 contract(s) at a $6.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $56.0 per contract. There were 9082 open contracts at this strike prior to today, and today 3008 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a put option trade that happens to be neutral, expiring in 39 day(s) on January 17, 2025. This event was a transfer of 50 contract(s) at a $225.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $505.0 per contract. There were 3399 open contracts at this strike prior to today, and today 2903 contract(s) were bought and sold. 
• Regarding NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we observe a put option trade with bullish sentiment. It expires in 284 day(s) on September 19, 2025. Parties traded 550 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $134.7K, with a price of $245.0 per contract. There were 3767 open contracts at this strike prior to today, and today 552 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DKNG

Citigourp Global Markets 2% Protected Notes Linked To The Djia

RIVN

TSLA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$137.00</td>
<td>$29.8K</td>
<td>12.5K</td>
<td>58.3K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/13/24</td>
<td>$245.00</td>
<td>$26.5K</td>
<td>5.9K</td>
<td>37.1K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$22.00</td>
<td>$90.0K</td>
<td>28.9K</td>
<td>9.7K</td>
</tr>
<tr>
<td>MSFT</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/03/25</td>
<td>$365.00</td>
<td>$59.8K</td>
<td>4.5K</td>
<td>4.6K</td>
</tr>
<tr>
<td>FRSH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$17.50</td>
<td>$27.8K</td>
<td>9.8K</td>
<td>3.4K</td>
</tr>
<tr>
<td>FSLY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/27/24</td>
<td>$12.50</td>
<td>$71.3K</td>
<td>136</td>
<td>3.4K</td>
</tr>
<tr>
<td>QBTS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$4.00</td>
<td>$39.8K</td>
<td>10.1K</td>
<td>2.6K</td>
</tr>
<tr>
<td>ORCL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$190.00</td>
<td>$34.2K</td>
<td>1.5K</td>
<td>1.4K</td>
</tr>
<tr>
<td>BTBT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$5.00</td>
<td>$52.5K</td>
<td>8.5K</td>
<td>1.2K</td>
</tr>
<tr>
<td>RGTI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$4.00</td>
<td>$55.0K</td>
<td>7.2K</td>
<td>1.1K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on December 13, 2024. This event was a transfer of 210 contract(s) at a $137.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $29.8K, with a price of $142.0 per contract. There were 12580 open contracts at this strike prior to today, and today 58341 contract(s) were bought and sold. 
• Regarding AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we observe a put option sweep with bullish sentiment. It expires in 4 day(s) on December 13, 2024. Parties traded 202 contract(s) at a $245.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $131.0 per contract. There were 5996 open contracts at this strike prior to today, and today 37158 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option trade with neutral sentiment. It expires in 11 day(s) on December 20, 2024. Parties traded 2500 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $90.0K, with a price of $36.0 per contract. There were 28916 open contracts at this strike prior to today, and today 9781 contract(s) were bought and sold. 
• For MSFT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), we notice a put option trade that happens to be neutral, expiring in 25 day(s) on January 3, 2025. This event was a transfer of 4600 contract(s) at a $365.00 strike. The total cost received by the writing party (or parties) was $59.8K, with a price of $13.0 per contract. There were 4591 open contracts at this strike prior to today, and today 4602 contract(s) were bought and sold. 
• For FRSH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRSH#NASDAQ">FRSH</a>), we notice a call option sweep that happens to be bullish, expiring in 74 day(s) on February 21, 2025. This event was a transfer of 200 contract(s) at a $17.50 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $140.0 per contract. There were 9835 open contracts at this strike prior to today, and today 3465 contract(s) were bought and sold. 
• Regarding FSLY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLY#NYSE">FSLY</a>), we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on December 27, 2024. Parties traded 1250 contract(s) at a $12.50 strike. This particular call needed to be split into 51 different trades to become filled. The total cost received by the writing party (or parties) was $71.3K, with a price of $58.0 per contract. There were 136 open contracts at this strike prior to today, and today 3441 contract(s) were bought and sold. 
• Regarding QBTS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>), we observe a call option sweep with bearish sentiment. It expires in 11 day(s) on December 20, 2024. Parties traded 398 contract(s) at a $4.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $39.8K, with a price of $100.0 per contract. There were 10174 open contracts at this strike prior to today, and today 2621 contract(s) were bought and sold. 
• For ORCL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>), we notice a put option trade that happens to be bearish, expiring in 4 day(s) on December 13, 2024. This event was a transfer of 40 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $34.2K, with a price of $855.0 per contract. There were 1506 open contracts at this strike prior to today, and today 1481 contract(s) were bought and sold. 
• Regarding BTBT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>), we observe a call option trade with bullish sentiment. It expires in 74 day(s) on February 21, 2025. Parties traded 500 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $52.5K, with a price of $105.0 per contract. There were 8504 open contracts at this strike prior to today, and today 1206 contract(s) were bought and sold. 
• For RGTI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>), we notice a call option sweep that happens to be bullish, expiring in 39 day(s) on January 17, 2025. This event was a transfer of 500 contract(s) at a $4.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $55.0K, with a price of $110.0 per contract. There were 7223 open contracts at this strike prior to today, and today 1186 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

BTBT

FRSH

FSLY

INTC

MSFT

NVDA

ORCL

QBTS

RGTI

10 Information Technology Stocks Whale Activity In Today's Session

U.S. stocks were lower, with the Nasdaq Composite falling around 100 points on Monday.
Shares of Pactiv Evergreen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTVE#NASDAQ">PTVE</a>) rose sharply during Monday's session after the company announced it will merge with Novolex in which Pactiv shareholders will receive <a href="https://www.benzinga.com/quote/PTVE">$18.00 per share in cash</a>.
Pactiv Evergreen shares jumped 18.8% to $17.45 on Monday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>The RealReal, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REAL#NASDAQ">REAL</a>) shares jumped 42.9% to $9.20 after Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised its price target from $4 to $15.</li>
<li>Kodiak Sciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOD#NASDAQ">KOD</a>) jumped 33.2% to $10.43. Jefferies analyst Michael Yee upgraded Kodiak Sciences from Hold to Buy and announced a $20 price target.</li>
<li>Titan International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TWI#NYSE">TWI</a>) gained 31.5% to $9.14.</li>
<li>UP Fintech Holding Limited  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>) surged 29.9% to $7.99.</li>
<li>Satellogic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATL#NASDAQ">SATL</a>) gained 29% to $5.06. Satellogic announced a $10 million private placement with a single institutional investor.</li>
<li>Bilibili Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BILI#NASDAQ">BILI</a>) gained 23.4% to $23.54. Shares of US-listed Chinese stocks traded higher following reports suggesting Chinese officials would embrace a ‘moderately loose' monetary policy.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) gained 19.6% to $4.51.</li>
<li>Akso Health Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AHG#NASDAQ">AHG</a>) climbed 17.3% to $0.9500.</li>
<li>NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) gained 15.2% to $5.31. Shares of US-listed Chinese stocks traded higher following reports suggesting Chinese officials would embrace a &#8216;moderately loose&#8217; monetary policy.</li>
<li>The Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) jumped 14.4% to $199.93 following a Bloomberg report suggesting Mondelez is exploring a potential acquisition of the company.</li>
<li>Lucid Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) gained 12.8% to $2.5850.</li>
<li>Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) surged 9.3% to $93.92 following reports suggesting Chinese officials would embrace a &#8216;moderately loose&#8217; monetary policy.</li>
<li>The Interpublic Group of Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>) gained 7.7% to $31.50 after the company announced it approved a definitive agreement to be acquired by Omnicon.</li>
<li>The Estée Lauder Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>) gained 5.6% to $83.83.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42392614/toll-brothers-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call">Toll Brothers Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call</a></li>
</ul>

Intraday Update

Markets

Movers

BABA

BILI

LCID

NVTS

PTVE

REAL

SATL

TIGR

Pactiv Evergreen, RealReal, Kodiak Sciences And Other Big Stocks Moving Higher On Monday

TD Cowen analyst John Kernan maintains Amer Sports (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AS#NYSE">AS</a>) with a Buy and raises the price target from $23 to $29.

TD Cowen Maintains Buy on Amer Sports, Raises Price Target to $29

Jefferies has upgraded Kodiak Sciences Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KOD#NASDAQ">KOD</a>), a biopharmaceutical company focused on retinal (eye) diseases.
Kodiak&#8217;s lead investigational medicine, tarcocimab, is an anti-VEGF antibody biopolymer conjugate under development for high-prevalence retinal vascular diseases.
Tarcocimab is currently being studied in two Phase 3 trials, GLOW2 in diabetic retinopathy and DAYBREAK in patients with wet age-related macular degeneration (wet AMD). Both studies are <a target="_blank" href="https://www.benzinga.com/general/biotech/23/11/35624399/eye-disease-focused-kodiak-reboots-once-shelved-tarcocimab-development-program" rel="noreferrer noopener">actively enrolling patients</a>.&nbsp;
Jefferies upgraded Kodiak Sciences <a target="_blank" href="https://www.benzinga.com/quote/KOD/analyst-ratings" rel="noreferrer noopener">from Hold to Buy</a>. The analyst writes that Kodiak Sciences is gaining investor interest as it enters a pivotal phase.
The company&#8217;s turnaround story for 2025 looks promising, with Phase 3 trials in wet AMD progressing well and showing strong potential.
Adding to the excitement, upcoming VEGF/IL-6 data for macular edema secondary to inflammation (MESI) (inflammation) could open doors to new indications, enhancing its growth prospects.
Jefferies writes that at $7 per share and a $400 million market cap, the stock appears undervalued. As Phase 3 results approach, analysts project it could climb to $20 or a $1 billion+ market cap. There&#8217;s significant upside potential from here.
The stock is gaining momentum but remains relatively undervalued with a ~$400 million market cap and $200 million enterprise value. Key points driving optimism include:
<ol>
<li>Upcoming Phase IB Data: Positive results from the Phase IB trial in MESI are expected to boost the stock and reduce risks associated with KSI-101. The drug is also on track for Phase II/III trials.</li>
<li>Investor Interest: Given the attractive valuation, healthcare funds are showing strong interest. The company has indicated plans for potential financing in 2025, which could strengthen its balance sheet and attract more capital from prominent healthcare investors.</li>
<li>Phase 3 Trials: Two Phase 3 studies for tarcocimab targeting wet AMD and diabetic retinopathy are set to be completed by the first half of 2026, adding more catalysts over the next 12-18 months.</li>
</ol>
With these developments, the stock has multiple drivers for growth and potential upside.
Kodiak ended the third quarter of 2024 with&nbsp;$197.9 million&nbsp;of cash and cash equivalents, expected to support current and planned <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41988488/kodiak-sciences-announces-recent-business-highlights-and-third-quarter-2024-financial-results" rel="noreferrer noopener">operations into 2026</a>.
Price Action: KOD stock is up 28.4% at $10.05 at last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42393882/abbvies-early-parkinsons-candidate-hits-primary-goal-in-pivotal-late-stage-study" target="_blank" rel="noreferrer noopener">AbbVie&#8217;s Early Parkinson&#8217;s Candidate Hits Primary Goal In Pivotal Late-Stage Study</a></li>
</ul>
Photo by Ground Picture on Shutterstock.

Analyst Color

Biotech

Equities

Upgrades

Health Care

General

Eye-Disease Focused Kodiak Sciences Is A Promising 'Turnaround Story For 2025': Analyst Upgrades Stock

Fangdd Network Group Shares Halted On Circuit Breaker To The Downside, Stock Now Up 95.4%

Canaccord Genuity analyst William Plovanic maintains Globus Medical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GMED#NYSE">GMED</a>) with a Buy and raises the price target from $85 to $92.

GMED

Canaccord Genuity Maintains Buy on Globus Medical, Raises Price Target to $92

D-Wave Quantum Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>) shares are trading lower on Monday. The company entered a sales agreement with Needham &amp; Company, LLC, Roth Capital Partners, LLC, B. Riley Securities, Inc. and Craig-Hallum Capital Group, LLC (the agents).
Related: <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42380768/quantum-computing-stocks-roundup-d-wave-rigetti-ionq-lead-the-charge-with-explosive-growth">Quantum Computing Stocks Roundup: D-Wave, Rigetti, IonQ Lead the Charge With Explosive Growth</a>
What To Know: Under the agreement, D-Wave can sell up to $75 million worth of its shares over time. In addition, the agents will receive compensation of up to 3.0% of the gross sales price of the shares sold.
The Form 8-K filing with the Securities and Exchange Commission does not specify what D-Wave intends to do with the net proceeds.
What Else: Last week, D-Wave <a href="https://www.benzinga.com//node/42371965">participated</a> in the Quantum Technologies Forum at the University of Southern California. The company showcased advancements in its annealing quantum computing technology and its real-world applications.
Additionally, D-Wave announced plans to showcase its solutions at the Q2B24 Silicon Valley conference. Specifically, D-Wave will explore the use of quantum optimization in manufacturing, network allocation and workforce scheduling.
See Also: <a href="https://www.benzinga.com/insights/analyst-ratings/24/12/42393504/4-analysts-assess-diamondrock-hospitality-what-you-need-to-know">4 Analysts Assess Diamondrock Hospitality: What You Need To Know</a>
QBTS Price Action: At the time of writing, D-Wave shares are trading 7% lower at $4.70, per data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Shutterstock

What's Going On With D-Wave Quantum Shares Monday?

TD Cowen analyst Jonna Kim maintains Victoria's Secret (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSCO#NYSE">VSCO</a>) with a Hold and raises the price target from $35 to $45.

VSCO

TD Cowen Maintains Hold on Victoria's Secret, Raises Price Target to $45

Canaccord Genuity analyst Jon Young maintains Staar Surgical (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STAA#NASDAQ">STAA</a>) with a Hold and lowers the price target from $31 to $28.

STAA

Canaccord Genuity Maintains Hold on Staar Surgical, Lowers Price Target to $28

Financial giants have made a conspicuous bearish move on JD.com. Our analysis of options history for JD.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) revealed 73 unusual trades.
Delving into the details, we found 45% of traders were bullish, while 49% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $182,166, and 68 were calls, valued at $8,291,554.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $17.5 to $70.0 for JD.com over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for JD.com's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of JD.com's whale activity within a strike price range from $17.5 to $70.0 in the last 30 days. 
<h3>JD.com Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733765470_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</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>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/24/25</td>
<td>$3.0</td>
<td>$2.78</td>
<td>$3.0</td>
<td>$43.00</td>
<td>$483.3K</td>
<td>1</td>
<td>1.6K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.47</td>
<td>$2.44</td>
<td>$2.45</td>
<td>$44.00</td>
<td>$407.3K</td>
<td>12.4K</td>
<td>9.2K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.46</td>
<td>$2.45</td>
<td>$2.45</td>
<td>$44.00</td>
<td>$386.0K</td>
<td>12.4K</td>
<td>11.0K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.5</td>
<td>$2.44</td>
<td>$2.45</td>
<td>$44.00</td>
<td>$378.1K</td>
<td>12.4K</td>
<td>4.3K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$12.55</td>
<td>$12.4</td>
<td>$12.4</td>
<td>$30.00</td>
<td>$372.0K</td>
<td>21.5K</td>
<td>402</td>
</tr>
</tbody>
</table>

<h3>About JD.com</h3>
JD.com is a leading e-commerce platform with its 2022 China GMV being similar to Pinduoduo (GMV not reported), on our estimate, but still lower than Alibaba. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.
After a thorough review of the options trading surrounding JD.com, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of JD.com</h3>
<ul>
<li>With a volume of 18,524,126, the price of JD is up 13.13% at $42.06. </li>
<li>RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.</li>
<li>Next earnings are expected to be released in 86 days.</li>
</ul>
<h3>Professional Analyst Ratings for JD.com</h3>
3 market experts have recently issued ratings for this stock, with a consensus target price of $48.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Citigroup has decided to maintain their Buy rating on JD.com, which currently sits at a price target of $51. 
&#x2A; An analyst from Benchmark downgraded its action to Buy with a price target of $47. 
&#x2A; An analyst from Bernstein has elevated its stance to Outperform, setting a new price target at $46. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest JD.com options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Unpacking the Latest Options Trading Trends in JD.com

Deep-pocketed investors have adopted a bullish approach towards Match Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTCH#NASDAQ">MTCH</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 MTCH 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 Match Group. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 55% leaning bullish and 44% bearish. Among these notable options, 2 are puts, totaling $96,188, and 7 are calls, amounting to $286,796.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $33.0 to $40.0 for Match Group during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Match Group options trades today is 3708.0 with a total volume of 14,452.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Match Group's big money trades within a strike price range of $33.0 to $40.0 over the last 30 days.
<h3>Match Group Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1733765464_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</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>MTCH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.75</td>
<td>$4.65</td>
<td>$5.75</td>
<td>$35.00</td>
<td>$74.7K</td>
<td>386</td>
<td>151</td>
</tr>
<tr>
<td>MTCH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$2.19</td>
<td>$2.18</td>
<td>$2.18</td>
<td>$35.50</td>
<td>$69.7K</td>
<td>1</td>
<td>533</td>
</tr>
<tr>
<td>MTCH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$0.32</td>
<td>$0.27</td>
<td>$0.32</td>
<td>$40.00</td>
<td>$48.0K</td>
<td>18.7K</td>
<td>2.6K</td>
</tr>
<tr>
<td>MTCH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$2.49</td>
<td>$2.08</td>
<td>$2.18</td>
<td>$33.00</td>
<td>$37.7K</td>
<td>1.2K</td>
<td>524</td>
</tr>
<tr>
<td>MTCH</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/13/24</td>
<td>$1.65</td>
<td>$1.5</td>
<td>$1.5</td>
<td>$33.50</td>
<td>$37.2K</td>
<td>1.5K</td>
<td>522</td>
</tr>
</tbody>
</table>

<h3>About Match Group</h3>
Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).
In light of the recent options history for Match Group, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Match Group Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 2,548,371, the MTCH's price is up by 2.46%, now at $33.74. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 50 days.</li>
</ul>
<h3>Expert Opinions on Match Group</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $37.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Keybanc persists with their Overweight rating on Match Group, maintaining a target price of $43. 
&#x2A; Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $35. 
&#x2A; An analyst from Morgan Stanley persists with their Equal-Weight rating on Match Group, maintaining a target price of $33. 
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 Match Group with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

MTCH

Match Group Unusual Options Activity For December 09

SBS Holdings

Comments

SBS Holdings

News

Latest news for SBS Holdings (OTC:SBSOF) Stock

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga