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On CNBC, Josh Brown, a well-known financial analyst, announced that he has purchased shares of Zillow Group.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 5:33 pm

WBA

Walgreens Boots Alliance Inc. is considering a potential exit from its UK-based Boots drugstore chain, which could be valued at about £7 billion. The company is exploring options, including a London IPO, and may invite fresh offers for Boots. The process is expected to start next year at the earliest. Walgreens, now in cost-cutting mode under new CEO Tim Wentworth, had its credit rating cut to junk by Moody's due to high debt. The company previously attempted to sell Boots in 2022 but abandoned the effort due to unsatisfactory valuations and a turbulent credit market.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 5:32 pm

CAVA

CJET

DBGI

FTCH

GMBLP

GOTU

HCDI

HCDIP

KAVL

NEGG

NEPH

In Tuesday's intraday session, several consumer discretionary stocks experienced significant movements. Cava Group (CAVA) saw an 18.3% increase in shares, while Gaotu Techedu (GOTU) and Chijet Motor Co (CJET) rose by 15.52% and 13.61%, respectively. Nephros (NEPH), Newegg Commerce (NEGG), and Digital Brands Group (DBGI) also saw their stocks rise. Conversely, Boqii Holding (BQ), Esports Entertainment (GMBLP), Kaival Brands Innovations (KAVL), Farfetch (FTCH), and Harbor Custom Dev (HCDI and HCDIP) experienced significant declines in their share prices.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:31 pm

CMPS

Compass Pathways (CMPS) stock is trading higher following Deutsche Bank's initiation of coverage with a Buy rating and a $16 price target.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 5:31 pm

ACHV

ADTX

CADL

CCCC

CCLD

CCLDO

CCLDP

ERNA

ICVX

INAB

PAVM

VAPO

During Tuesday's intraday session, several healthcare stocks experienced significant movements. C4 Therapeutics, Aditxt, Icosavax, Candel Therapeutics, IN8bio, and PAVmed saw their shares rise by 100.5%, 68.94%, 48.61%, 32.98%, 29.93%, and 29.33% respectively. Conversely, CareCloud, Achieve Life Sciences, Eterna Therapeutics, and Vapotherm witnessed their stock prices fall by 68.4%, 41.47%, 23.46%, and 20.01% respectively.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:31 pm

BLBD

CTRM

EGLE

JAN

JTAI

LASE

MCOM

RBCP

SATL

VIEW

VLD

During Tuesday's intraday session, several industrial stocks experienced significant movements. View, Blue Bird, JanOne, Castor Maritime, and Eagle Bulk Shipping were among the gainers, with View leading at a 21.7% increase. Blue Bird's stock rose after Q4 earnings were released. On the losing side, RBC Bearings, Micromobility com, Jet AI, Velo3D, Satellogic, and Wheels Up Experience saw their stock prices fall, with RBC Bearings experiencing the largest drop of 13.8%.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:31 pm

DFS

Discover Financial Services (NYSE:DFS) has delivered an average annual return of 18.08% over the past 15 years, outperforming the market. A $100 investment in DFS 15 years ago would now be worth $1,145.70. The company's current market capitalization stands at $25.78 billion.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:31 pm

DLR

Over the past 10 years, Digital Realty Trust (NYSE:DLR) has produced an average annual return of 11.27%, outperforming the market by 1.28% annually. A $1000 investment in DLR a decade ago would now be worth $2,990.64. Digital Realty Trust currently has a market cap of $40.81 billion.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:31 pm

AEVA

APPS

CSPI

MIGI

SVRE

VRAR

In Tuesday's intraday session, several information technology stocks experienced significant movements. Saverone 2014 (SVRE) led the gainers with a 29.3% rise, while CSP Inc. (CSPI) experienced the largest drop among the losers, falling 18.3% after releasing Q4 earnings. Other notable movers included Mawson Infra Gr (MIGI), Aeva Technologies (AEVA), Digital Turbine (APPS), and Glimpse Group (VRAR) on the gainers' side, and ReAlpha Tech Corp (AIRE), SilverSun Technologies (SSNT), Wrap Technologies (WRAP), Cyngn (CYN), and Semantix (STIX) among the losers.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:31 pm

FTNT

Fortinet (NYSE:FTNT) has seen a 6.08% increase in short interest since its last report, with 12.31 million shares sold short, representing 1.92% of available shares. The short interest is below the peer group average of 4.67%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 5:30 pm