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COLL

Collegium Pharmaceutical's shares dropped following mixed Q1 earnings and multiple analyst downgrades.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:48 pm

TSLA

Tesla Inc's Gigafactory in Berlin faced protests from climate activists concerned about forest clearance for factory expansion. The factory preemptively shut down, with Tesla CEO Elon Musk questioning why protestors weren't jailed. Despite attempts, protestors did not breach the factory's defenses. Tesla plans to continue its expansion, with local officials having the final say. The factory closure included a national holiday, with operations expected to resume Monday.

Portfolio Pulse from Chris Katje

May 10, 2024 | 3:48 pm

HOOD

Morgan Stanley analyst Michael Cyprys has maintained an Equal-Weight rating on Robinhood Markets (HOOD) and increased the price target from $18 to $19.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:46 pm

SSP

Scripps shares are trading lower, reversing gains from after-hours trading on Thursday due to strong guidance.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:46 pm

TTD

Trade Desk's (TTD) short interest has decreased by 13.36% since the last report, with 8.85 million shares sold short, representing 2.01% of its float. This decline in short interest could indicate a more bullish sentiment towards TTD among investors. Compared to its peers, TTD has a lower short interest percentage of float, suggesting it may be performing better than similar companies.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 3:45 pm

PLUG

Morgan Stanley analyst Arthur Sitbon has maintained an Underweight rating on Plug Power (PLUG) and reduced the price target from $3 to $2.5. This adjustment reflects a bearish outlook on the stock's future performance.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:45 pm

ROK

Rockwell Automation (NYSE:ROK) has seen a 7.86% increase in short interest, now at 3.05 million shares or 3.02% of float, with a 3.35-day average to cover. This rise in short interest can indicate bearish market sentiment, though it's lower than its peer group average of 12%. Short interest is a key indicator of market sentiment and can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 3:45 pm

TPR

Tapestry's (NYSE:TPR) short interest has decreased to 6.16 million shares, or 3.11% of float, indicating a potential shift in market sentiment towards a more bullish outlook compared to its peers. The short interest decline suggests fewer traders are betting against the stock, with Tapestry's short interest below the peer group average of 8.80%.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 3:45 pm

ONTO

Benchmark analyst Mark Miller maintains a Buy rating on Onto Innovation (NYSE:ONTO) and raises the price target from $180 to $230.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:44 pm

ISDR

Issuer Direct shares are trading lower following the announcement of disappointing Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:44 pm