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AllianceBernstein Holding (NYSE:AB) has seen a 6.67% increase in its short percent of float since the last report, with 1.08 million shares sold short, representing 0.96% of available shares. This indicates a bearish sentiment among investors, although it's lower than the peer group average of 2.47%. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:15 pm

MKL

Markel Group's (NYSE:MKL) short interest has increased by 15.09% since the last report, with 156 thousand shares sold short, representing 1.22% of its float. It would take about 1.73 days to cover these short positions. The rise in short interest can indicate a bearish market sentiment towards MKL, but it's also noted that an increase in short interest can sometimes be bullish. MKL's short interest is below its peer group average of 1.90%.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:15 pm

RYAAY

SPR

Boeing Company (NYSE:BA) expects a significant cash outflow of $4-$4.5 billion in Q1 due to regulatory scrutiny and reduced 737 Max production after a January accident. Full-year free cash flow is projected below expectations. Boeing faces challenges, including a 737 Max 9 fuselage failure and negative commercial aircraft margins. Production rates for the 737 Max will be lower in H1, with an increase expected later in the year. Boeing stopped accepting fuselages from Spirit AeroSystems Holdings Inc (NYSE:SPR) that lack parts or repairs, affecting deliveries to airlines like Ryanair Holdings Plc (NASDAQ:RYAAY). Despite this, Boeing has sufficient reserves for a potential purchase of Spirit Aero.

Portfolio Pulse from Shivani Kumaresan

March 20, 2024 | 5:11 pm

SOUN

Cantor Fitzgerald analyst Brett Knoblauch downgraded SoundHound AI (SOUN) from Overweight to Underweight and reduced the price target from $5.8 to $4.9.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 5:10 pm

CMG

CROX

DIA

EQIX

INTC

QQQ

SPOT

SPR

SPY

TME

Stocks are stable as investors await the Federal Open Market Committee meeting and Fed Chair Jerome Powell's speech. Expectations are for rates to remain at 5.25%-5.5%, with focus on economic projections and the dot plot for future rate cuts. Energy stocks dipped due to a 1.9% drop in oil prices, while Bitcoin rebounded to $63,600. The SPDR S&P 500 ETF Trust, SPDR Dow Jones Industrial Average, and Invesco QQQ Trust showed no significant changes. Financials led gains among sectors, while Energy and Health Care lagged. Notable stock movements include Intel, Spotify, Crocs, Tencent Music, Spirit AeroSystems, Chipotle, and Equinix.

Portfolio Pulse from Piero Cingari

March 20, 2024 | 5:06 pm

VRNOF

Verano Holdings Corp. (OTCQX:VRNOF) has launched the Cabbage Club, a national cannabis membership program, initially available in its 13 Zen Leaf dispensaries in New Jersey and Illinois, with plans to expand across its 138 dispensaries in 13 states. The club offers various membership levels with benefits including store credits, coupons, exclusive merchandise, and VIP event access. Verano's shares were down 1.70% at $5.21 per share following the announcement.

Portfolio Pulse from Jelena Martinovic

March 20, 2024 | 5:04 pm

ADM

FMC

CNBC's 'Final Trades' segment featured recommendations for Archer-Daniels-Midland (ADM) and FMC Corporation (FMC), suggesting these stocks as potential investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 5:02 pm

IFRX

InflaRx (NASDAQ:IFRX) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts expecting an EPS of $-0.20. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 13.58% drop. Shares are currently trading at $1.69, down 11.44% over the last year. Investors will be keenly watching for the earnings outcome and any forward guidance provided.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:01 pm

FENC

Fennec Pharmaceuticals (NASDAQ:FENC) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with an expected EPS of $-0.02. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. Historically, FENC has shown a mixed performance in beating EPS estimates, with the last quarter showing a beat that led to a 2.51% increase in share price. Over the last year, FENC shares have risen by 50.54%, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:01 pm

VRME

VerifyMe (NASDAQ:VRME) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts expecting an EPS of $-0.03. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 0.98% drop. Shares are currently trading at $1.27, down 10% over the last year. Investors are looking for positive guidance for the next quarter beyond the earnings beat.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 5:01 pm