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Stock Prices

FIVE

Five Below reported Q3 earnings of $0.26 per share, surpassing the consensus estimate of $0.23, and sales of $736.40M, exceeding the estimate of $725.38M. However, earnings per share decreased by 10.34% compared to last year, while sales increased by 14.16% from the same period.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 9:02 pm

YOSH

Yoshiharu Global Co (NASDAQ:YOSH) stock surged 53% to $7.35 after a 1-for-10 reverse stock split to meet Nasdaq's Minimum Bid Price Requirement. The company also acquired Las Vegas restaurant assets for $3.6 million, projecting an 80% revenue increase with four new establishments by early 2024. This expansion is part of a strategy to boost revenue, especially during peak seasons.

Portfolio Pulse from Henry Khederian

November 29, 2023 | 8:56 pm

CZOO

EVGO

FTEL

FUV

GCO

KAVL

MGOL

NEGG

PLCE

RGS

STG

TAL

TUP

VCSA

VFS

YOSH

Shares of companies in the consumer discretionary sector are up due to a drop in Treasury yields, positively affecting stock prices.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 8:55 pm

CVS

HUM

CVS Health Corporation (NYSE:CVS) shares dropped approximately 3% in response to reports of merger discussions between Cigna Group (NYSE:CI) and Humana Inc (NYSE:HUM). The potential merger, which could be finalized by the end of 2023, is seen as a threat to CVS's position in the health insurance market. CVS stock has been underperforming, with a 27.89% decline year-to-date.

Portfolio Pulse from Ryan Gustafson

November 29, 2023 | 8:54 pm

ASTS

BREA

CAUD

CRGE

DRCT

EVER

GRND

LBTYB

LUMN

PARAA

TEO

WLYB

Shares in the communication, media, and entertainment sector are up as Treasury yields fall, positively affecting stocks like ASTS, BREA, CAUD, CRGE, DRCT, EVER, GRND, LBTYB, LUMN, PARAA, TEO, TV, VS, WLYB.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 8:39 pm

SEEL

Seelos Therapeutics (NASDAQ:SEEL) announced a public offering expected to raise $5.5 million in gross proceeds, causing its stock to drop nearly 35%. The offering includes common stock shares, pre-funded warrants, and common warrants. The proceeds are intended for general corporate purposes and advancing product candidates, including SLS-002 for PTSD. The offering follows a 1-for-30 reverse stock split effective Nov. 28, 2023.

Portfolio Pulse from Lara Goldstein

November 29, 2023 | 8:37 pm

BAC

KEY

SCHW

Banking and financial services stocks are trading higher due to a decrease in Treasury yields, which is generally positive for the sector as it can lead to wider profit margins on loans and financial products.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 8:30 pm

BDX

Becton Dickinson (NYSE:BDX) has seen a 32.05% increase in short interest since the last report, with 2.99 million shares sold short, representing 1.03% of available shares. It would take 1.6 days to cover these short positions based on current trading volume. While an increase in short interest can indicate bearish sentiment, BDX has less short interest compared to its peer group average of 3.75%. The rise in short interest does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 8:30 pm

BSX

Boston Scientific (NYSE:BSX) has experienced a 28.57% increase in short interest since its last report, with 11.85 million shares sold short, representing 0.81% of its float. The current short interest suggests a bearish sentiment among investors, although it is lower than the peer group average of 3.76%. The short interest level indicates it would take 1.53 days for traders to cover their positions.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 8:30 pm

VICI

VICI Properties (NYSE:VICI) has seen a 14.47% decrease in short interest, with 11.59 million shares sold short, representing 1.3% of available shares. The average time to cover these short positions is 1.73 days. A decrease in short interest may indicate a more bullish sentiment among investors. VICI's short interest is below its peer group average of 5.30%.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 8:30 pm