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Equity Actions

MRNS

Jennison Associates LLC has reported a 5.4% stake in Marinus Pharmaceuticals as of December 31, 2023, according to a 13G filing.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 7:00 pm

QLYS

In the past three months, Qualys (NASDAQ:QLYS) received mixed analyst ratings, with a recent shift towards a more cautious outlook. The average 12-month price target was adjusted to $188.75 from $195.67, reflecting a 3.54% decline. Analysts from Stephens & Co., RBC Capital, Wedbush, and Truist Securities have updated their ratings and price targets, indicating varied expectations for the company's performance. Qualys, a provider of cloud security and compliance solutions, has shown impressive revenue growth and profitability metrics, outperforming industry averages in net margin, ROE, and ROA, despite lagging behind in revenue growth compared to its peers.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 7:00 pm

SYM

Symbotic's (NYSE:SYM) short interest has significantly increased to 43.12% of its float, with 9.08 million shares sold short. This represents a 99.91% rise since the last report, requiring an average of 7.48 days for traders to cover their short positions. This increase in short interest, which is substantially higher than its peer group average of 3.56%, may indicate a bearish market sentiment towards Symbotic, though it doesn't necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:45 pm

KYTX

Kyverna Therapeutics' shares opened for trade at $34.25 after its IPO was priced at $22 per share, involving 14.5 million shares.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 6:37 pm

WFRD

Weatherford International (NYSE:WFRD) has seen a decrease in short interest, now at 6.01% of its float, lower than its peer group average of 7.73%. This indicates a potential shift in market sentiment towards a more bullish outlook for WFRD, despite the short interest not directly predicting stock price movements.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 6:30 pm

SPGI

S&P Global Inc (NYSE:SPGI) stock fell after reporting Q4 results, with revenue growth of 7% to $3.15 billion, surpassing consensus but adjusted EPS of $3.13 missing expectations. The company saw growth across its segments, with a notable 24% increase in operating profit. Despite this, shares dropped 4.73% in premarket trading. S&P Global also announced a share repurchase program of up to $2.4 billion and provided a FY24 outlook expecting revenue growth and adjusted EPS below consensus.

Portfolio Pulse from Anusuya Lahiri

February 08, 2024 | 6:07 pm

U

Unity Software (NYSE:U) has seen a significant increase in options activity, with a bearish sentiment from big-money traders. Benzinga's options scanner revealed 8 trades, showing a preference for bearish positions with 75% bearish and 25% bullish sentiment. The trades target a price range of $20.0 to $42.0 for Unity Software. Notable options activity includes a mix of bearish and bullish calls with varying strike prices and expiration dates. Unity Software, a platform for creating real-time 3D content, has its stock currently neutral with a slight increase in price to $32.55.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:46 pm

DIS

GOOG

GOOGL

META

OMC

PINS

QNST

ROKU

SNAP

TTWO

Today's session highlighted significant options activity in the Communication Services sector, with notable trades on US-listed companies like META, DIS, SNAP, GOOGL, PINS, QNST, OMC, GOOG, ROKU, and TTWO. The activity ranged from bullish to bearish sentiments, involving both call and put options with varying expiration dates and strike prices. This options activity could indicate upcoming trading opportunities based on the whales' movements.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:35 pm

AMZN

DKNG

EXPE

GME

LI

NIO

PDD

RIVN

TSLA

WYNN

Today's session highlighted significant whale activity in the options market for 10 consumer discretionary stocks, indicating potential trading opportunities. Notable movements include bullish calls on TSLA, EXPE, GME, NIO, LI, and WYNN, and bearish sentiments on AMZN, DKNG, RIVN, and PDD. These activities suggest whales' expectations for these stocks' future movements, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 5:35 pm

MLYS

Mineralys Therapeutics shares surged following the announcement of securing $120 million in private placement financing. This significant financial infusion is expected to bolster the company's operations and potentially accelerate its drug development programs.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 5:29 pm