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Assets

WBD

Scion Asset Management, LLC has increased its stake in Warner Bros. Discovery (WBD) by 375,000 shares, as revealed in its latest 13F filing. This move indicates a growing confidence in WBD's future performance and potential for growth.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 8:06 pm

MGM

Scion Asset Management, LLC has increased its stake in MGM Resorts International by 100,000 shares, as revealed in its latest 13F filing.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 8:06 pm

AAP

AMZN

BRKR

C

CVS

GOOGL

HCA

ORCL

SQ

VTLE

Scion Asset Management, LLC's latest 13F filing reveals increased stakes in several companies, including HCA Healthcare, Oracle, Citigroup, CVS Health Corp, Alphabet, Amazon.com, Advance Auto Parts, Vital Energy, Block, and Bruker. The adjustments range from 20,000 to 100,000 additional shares, indicating a bullish stance on these stocks.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 8:05 pm

QRTEA

Scion Asset Management, LLC has disclosed a new position of 600,000 shares in Qurate Retail (QRTEA) according to its latest 13F filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 7:41 pm

SOLUSD

WIFUSD

Dogwifhat (WIF), a Solana-based memecoin, has seen a 23.2% increase in the past 24 hours, ranking it 5th by market capitalization among memecoins. This surge is attributed to Bitcoin's rise above $52,000. WIF's market cap has reached $461.6 million, surpassing other popular memecoins like Floki and Memecoin. Solana memecoins now represent $1.4 billion of the total $22.8 billion memecoin market cap. Despite lacking real-world utility, these coins attract traders for speculative gains. Joe Ayoub, a crypto expert, referred to WIF as the 'Doge of this cycle.'

Portfolio Pulse from Khyathi Dalal

February 14, 2024 | 7:40 pm

WM

Over the past 10 years, Waste Management (NYSE:WM) has produced an average annual return of 16.75%, outperforming the market by 6.34% on an annualized basis. A $1000 investment in WM a decade ago would be worth $4,704.82 today. The company's current market capitalization stands at $79.07 billion.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 7:31 pm

INTU

Intuit (NASDAQ:INTU) has seen a significant options activity, indicating a divided sentiment among heavyweight investors, with 50% bullish and 50% bearish. The options activity suggests a target price range of $540.0 to $680.0. Current market data shows INTU's price up 1.96% at $650.83, with potential overbought signals. Analyst ratings from Oppenheimer and Keybanc maintain positive outlooks with target prices of $678 and $700, respectively.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 7:31 pm

COKE

Coca-Cola Consolidated (NYSE:COKE) has seen a 4.79% increase in its short percent of float since the last report, with 102 thousand shares sold short, representing 1.75% of available shares. This indicates a bearish sentiment among investors, although it's lower than the peer group average of 7.57%. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 7:15 pm

ALT

Altimmune (NYSE:ALT) has seen a decrease in short interest, now at 10.01 million shares or 18.78% of its float, down 6.1% from the last report. This represents 1.82 days of average trading volume to cover short positions. Short interest is a key indicator of market sentiment, and a decrease suggests a more bullish outlook among investors. Altimmune's short interest is higher than its peer group average of 10.40%, indicating more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 7:15 pm

ZTS

Zoetis (NYSE:ZTS) has seen a 6.67% increase in its short percent of float since the last report, with 2.96 million shares sold short, representing 0.64% of available shares. This indicates a bearish sentiment among investors, although it's not a definitive predictor of stock price movement. Zoetis's short interest is below its peer group average of 3.46%, suggesting less bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 14, 2024 | 7:15 pm