One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.
Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.
Stephens & Co. boosted the price target for Chipotle Mexican Grill, Inc. (NYSE: CMG) from $1,600 to $1,700. Chipotle shares fell 0.1% to close at $1,345.81 on Wednesday.
Snowflake Inc (NYSE: SNOW) could meet or exceed expectations when it reports fiscal first-quarter results after the close Wednesday, according to Rosenblatt Securities.
This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.