The Latest Breaking News from NYSE

Barclays analyst Matthew Bouley lowered the price target for Trex Company Inc (NYSE:TREX) to $53 (a downside of 2.7%) from $63 while maintaining the Equal Weight ratings on the shares. The analyst stated that while de-stocking was anticipated by investors following AZEK Company Inc. (NYSE:AZEK) report, the magnitude of the impact on TREX's sales in 2022 with subsequent gross…

Palantir Technologies Inc (NYSE: PLTR) clocked 26% 

  Someone with a lot of money to spend has taken a bearish stance on Petrobras Brasileiro (NYSE:PBR). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

  Someone with a lot of money to spend has taken a bearish stance on IBM (NYSE:IBM). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Gainers Verona Pharma plc (NASDAQ: VRNA) shares jumped 83.6% to $12.70 after the company announced ensifentrine met its primary endpoint and secondary endpoints in the Phase 3 ENHANCE-2 trial for COPD. The company also reported Q2 earnings results.

U.S. stocks traded lower midway through trading, with the Nasdaq dropping around 1.5% on Tuesday.

  A whale with a lot of money to spend has taken a noticeably bearish stance on Taiwan Semiconductor. Looking at options history for Taiwan Semiconductor (NYSE:TSM) we detected 25 strange trades.

Roblox Corp (NYSE: RBLX) was trading more than 3% lower on Tuesday, heading toward its second-quarter earnings print, which is expected after the market close.

Capri Holdings Limited (NYSE: CPRI) reported better-than-expected first-quarter fiscal 2023 results, despite a challenging backdrop. Both the top and the bottom lines improved on a year-over-year basis. The company was encouraged by the performance of all three luxury brands.