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AIRE

ReAlpha, a real estate technology company, has filed a prospectus with the SEC for the offering of up to 1.67 million common units at a price of $12 per unit, as detailed in their Form S-11 filing.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:41 pm

SGD

Safe And Green Development (SGD) shares are up following the company's announcement that it will not proceed with the offering of common stock previously contemplated by the Registration Statement.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:39 pm

BEP

UBS analyst William Grippin downgraded Brookfield Renewable (NYSE:BEP) from Buy to Neutral and reduced the price target from $34 to $25.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:38 pm

WSM

JP Morgan analyst Christopher Horvers has maintained an Underweight rating on Williams-Sonoma (NYSE:WSM) but increased the price target from $135 to $145.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:38 pm

BKE

Buckle Inc (NYSE:BKE) reported Q3 FY23 sales of $303.46 million, an 8.7% decrease YOY, missing estimates of $316.70 million. Comparable store sales fell by 9.2%, and online sales dropped 16.2%. Operating expenses decreased by 3.3%, while gross profit declined by 11%, with a gross margin contraction of 120 basis points to 48.5%. Operating income decreased by 19.3%, but EPS of $1.04 beat the $0.98 estimate. Despite the sales decline, BKE shares rose by 8.65% to $37.93.

Portfolio Pulse from Shivani Kumaresan

November 17, 2023 | 3:38 pm

FNGR

FingerMotion, Inc. (FNGR) has filed a federal lawsuit against Capybara Research for posting damaging content and against Benzinga for republishing such reports. The company's attorneys have identified the individual behind Capybara and are taking legal steps. CEO Martin Shen emphasizes the commitment to pursue legal action against the short and distort campaign and media outlets spreading false information.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:37 pm

MANU

Jim Ratcliffe is reportedly close to buying a 25% stake in Manchester United PLC (NYSE:MANU) at $33 per share, a 75% premium over its recent closing price. The club is valued at $3.04 billion. The Glazers aim to finalize the deal before Thanksgiving, with Ratcliffe's firm Ineos Sports acquiring both A and B shares. The investment will be personally financed by Ratcliffe, with $300 million earmarked for infrastructure development. MANU shares rose 7.38% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

November 17, 2023 | 3:32 pm

ADBE

Adobe Inc. (NYSE:ADBE) has seen a decrease in short interest, with the current level at 4.04 million shares or 0.89% of float, down 17.59% from the last report. The short interest now represents approximately 1.6 days of average trading volume. While a decrease in short interest can indicate a more bullish sentiment towards the stock, it does not necessarily predict a near-term price rise. Adobe's short interest is below its peer group average of 3.41%.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:30 pm

EXR

Over the past 10 years, Extra Space Storage (NYSE:EXR) has produced an average annual return of 12.16%, outperforming the market. A $100 investment in EXR a decade ago would be worth $318.41 today. The company's market capitalization currently stands at $27.49 billion.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:30 pm

DXCM

DexCom (NYSE:DXCM) has experienced a 32.63% increase in short interest since its last report, with 21.06 million shares sold short, representing 6.26% of its float. It would take about 3.33 days to cover all short positions. While high short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. DexCom's short interest is higher than its peer group average of 3.24%.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:30 pm