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KRON

Kronos Bio (NASDAQ:KRON) reported Q4 earnings with an EPS of $-0.43, beating estimates by 17.0% against an expected $-0.52. Revenue increased by $2.29 million from the previous year. Despite beating estimates this quarter, a miss in the last quarter led to a 1.0% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:35 pm

DIS

A group of current and former public company directors have sent a letter to The Walt Disney Company's Board of Directors in support of Nelson Peltz and Trian, detailing their positive experiences and the value they added to companies like H.J. Heinz and Procter & Gamble. They encourage Disney to collaborate with Peltz and Trian to enhance shareholder value.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:33 pm

COIN

Coinbase shares are trading higher amid a rise in Bitcoin, indicating a positive correlation between the company's stock performance and the cryptocurrency market.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:32 pm

SYY

Sysco Corporation (NYSE:SYY) has seen a decrease in short interest, with the short percent of float falling 11.25% since the last report, now standing at 2.13% of all shares available for trading. This indicates a bullish sentiment among investors, as fewer shares are being shorted. The current short interest represents 10.60 million shares, and based on trading volume, it would take approximately 2.78 days to cover all short positions. This change in short interest is compared to Sysco's peers, where the average short interest as a percentage of float is 4.25%, suggesting Sysco has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:30 pm

MLGO

MicroAlgo (NYSE:MLGO) has seen a significant increase in short interest, with a 471.74% rise since the last report, reaching 2.20 million shares or 7.89% of the float. This indicates a bearish market sentiment towards MLGO, although it's not a definitive predictor of a price drop. MicroAlgo's short interest is considerably higher than its peer group average of 2.98%.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:30 pm

AVB

AvalonBay Communities (NYSE:AVB) has seen a decrease in short interest, with 1.77 million shares sold short, representing 1.71% of its float. This is a decline of 5.52% from its last report, indicating a potentially more bullish sentiment towards AVB. The current short interest is below the peer group average of 2.59%, suggesting AVB is less bearishly viewed than its peers.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:30 pm

PYXS

Pyxis Oncology (NASDAQ:PYXS) reported Q4 earnings, beating estimates with an EPS of $-0.33 against an expected $-0.47. However, revenue remained unchanged from the previous year. This follows a quarter where the company missed EPS estimates, leading to a 2% share price drop.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 1:30 pm

IMTX

Immatics shares are trading lower following the announcement of a year-over-year decrease in their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:28 pm

BZUN

PGJ

Baozun Inc (NASDAQ: BZUN) reported Q4 fiscal 2023 revenue of $391.6 million, up 8.9% Y/Y, beating consensus of $382.2 million but missed EPS estimates with $0.07 vs. $0.16 expected. The stock dropped 8.33% in premarket trading. Revenue growth was driven by its new Baozun Brand Management line. Product sales revenue increased by 36.3%, while services revenue decreased by 3.0%. The adjusted operating margin fell to 2.7% from 7.2% a year ago. Baozun's stock has lost 50% of its value over the past year. Baozun is also part of the Invesco Golden Dragon China ETF (NASDAQ: PGJ).

Portfolio Pulse from Anusuya Lahiri

March 21, 2024 | 1:27 pm

NSYS

Nortech Systems reported a significant increase in Q4 2023 earnings per share (EPS) to $1.51, up from a loss of $(0.14) year-over-year (YoY). Additionally, net sales rose to $36.054M from $35.618M YoY.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 1:21 pm