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SPCE

Virgin Galactic Holdings (NYSE:SPCE) has seen a 3.37% increase in short interest since the last report, with 76.48 million shares sold short, representing 20.85% of available shares. The short interest is higher than the peer group average of 8.67%. While high short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. It takes an average of 5.24 days for traders to cover their short positions.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 2:15 pm

GWRE

Guidewire Software (NYSE:GWRE) has seen a 4.69% increase in short interest since its last report, with 2.74 million shares sold short, representing 3.35% of its float. It would take about 4.46 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Compared to its peers, GWRE has a lower short interest percentage of float, with the peer group average at 6.45%.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 2:15 pm

MLGO

MicroAlgo's stock price is on the rise following the company's announcement of its intention to set up a postgraduate training practice base, signaling a potential investment in human capital and future growth.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:15 pm

BOX

Raymond James analyst Brian Peterson has maintained an Outperform rating on Box, Inc. (NYSE:BOX) but has reduced the price target from $33 to $30.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:14 pm

EAT

Raymond James analyst Brian Vaccaro has reaffirmed a Strong Buy rating on Brinker International (NYSE:EAT) and increased the price target from $42 to $45.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:13 pm

WBUY

Webuy Global's stock price is up following the announcement of a non-binding MOU to acquire a controlling interest in PT. Tiga Sakti Utama.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:10 pm

PHVS

Pharvaris shares have risen following the announcement that its CHAPTER-1 Phase 2 clinical study successfully met its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:09 pm

AEP

CROX

PANW

RDNT

SRE

STLA

TTWO

WY

Jim Cramer, on CNBC's 'Mad Money Lightning Round,' expressed his views on various stocks. He recommended Weyerhaeuser (WY) for the long term, endorsed buying Take-Two Interactive (TTWO), and supported holding Stellantis (STLA) after a recent spike, calling it the best of its group. Cramer favored RadNet (RDNT) and Palo Alto Networks (PANW) over Fortinet (FTNT). He preferred Sempra (SRE) and American Electric Power (AEP) over NextEra Energy (NEE) and found Crocs (CROX) too risky. Stock movements were mixed on Tuesday, with Palo Alto and RadNet rising, while Fortinet, Crocs, Sempra, NextEra Energy, and Weyerhaeuser fell.

Portfolio Pulse from Lisa Levin

December 06, 2023 | 2:08 pm

S

SentinelOne Inc (NYSE: S) stock is trading higher after reporting Q3 financial results that surpassed expectations. The company's revenue of $164.16 million exceeded estimates of $156.09 million, and its EPS loss of 3 cents was better than the anticipated 8 cent loss. Year-over-year revenue increased by 42%, and ARR grew by 43% to $663.9 million. SentinelOne's customer base expanded to over 11,500, with significant growth in high-value customers. The company also reported a strong gross margin of 73% and ended the quarter with $1.1 billion in cash and investments. CEO Tomer Weingarten highlighted the company's industry-leading growth and AI-based security differentiation. SentinelOne raised its Q4 revenue outlook to $169 million and full-year guidance to $616 million, both above estimates. JMP Securities analyst Trevor Walsh maintained a Market Outperform rating and increased the price target from $22 to $33.

Portfolio Pulse from Adam Eckert

December 06, 2023 | 2:06 pm

S

Raymond James analyst Adam Tindle has reaffirmed a Strong Buy rating on SentinelOne (NYSE:S) and increased the price target from $22 to $26.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 2:05 pm