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IGC

Shares of IGC Pharma have been halted pending the release of significant news. This action typically indicates that the company is about to announce information that could have a substantial impact on its stock price.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:17 pm

MRNA

Moderna's stock is trading lower, potentially due to BioNTech's reported Q4 earnings that fell below expectations. This suggests a sympathy move, where Moderna's stock is impacted by the performance of a peer company in the same sector.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:17 pm

TME

Tencent Music Entertainment Group's shares saw an increase following an upgrade by Goldman Sachs from Neutral to Buy, along with a new price target of $14.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:16 pm

LICY

Li-Cycle Holdings (NYSE:LICY) has seen a 12.54% increase in short percent of float since its last report, with 15.33 million shares sold short, representing 12.83% of available shares. This indicates a bearish market sentiment towards LICY, although it doesn't necessarily predict a price drop. Compared to its peers, LICY has a significantly higher short interest, suggesting more bearish sentiment than its peers.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:15 pm

AL

Air Lease's (NYSE:AL) short interest has decreased by 18.23% since the last report, with 1.63 million shares sold short, representing 1.57% of its float. This decline in short interest, which now stands below the peer group average of 3.92%, could indicate a more bullish sentiment towards AL. However, this does not guarantee a near-term price rise. Short interest is a critical market sentiment indicator, and its decrease suggests fewer traders are betting against the stock.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:15 pm

SP

SP Plus (NYSE:SP) has seen a 12.5% decrease in short interest, now at 1.09 million shares or 5.6% of float, taking 6.2 days on average to cover. This decline in short interest may indicate a more bullish sentiment towards SP Plus compared to its peers, where the average short interest is 3.08% of float.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:15 pm

PUK

Prudential's shares declined following the announcement of FY 2023 revenues and earnings that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:13 pm

PUK

Prudential (NYSE:PUK) reported FY 2023 GAAP EPS of $0.62, missing the $0.75 estimate, and sales of $9.371B, missing the $27.360B estimate. This represents a 9.62% increase in sales over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:12 pm

EQIX

Equinix shares have dropped in response to a short report published by Hindenburg Research.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:11 pm

TRUG

TruGolf Holdings Inc (NASDAQ:TRUG) stock surged 52% to $1.75 after announcing a partnership with AI firm mlSpatial to enhance its APOGEE launch monitor. The collaboration involves integrating an advanced AI engine and gives TruGolf an option to acquire mlSpatial's assets in the future.

Portfolio Pulse from Henry Khederian

March 20, 2024 | 2:11 pm