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WMT

Walmart's (NYSE:WMT) short interest has decreased by 4.59% since the last report, with 14.72 million shares sold short, representing 1.04% of available shares. The average time to cover these short positions is 3.1 days. This decline in short interest may indicate a more bullish sentiment among investors compared to the company's peers, which have an average short interest of 4.17% of float.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 3:30 pm

SGD

Safe & Green Development Corp (NASDAQ:SGD) shares dropped 27% to $3.09 after announcing it will not proceed with a previously contemplated common stock offering. The company requested to retract its Registration Statement from the SEC. The decision was due to changed circumstances since the initial filing, and no shares have been or will be sold under this Registration Statement. SGD's 52-week range is $0.38 to $8.42.

Portfolio Pulse from Henry Khederian

November 20, 2023 | 3:28 pm

GOOG

GOOGL

NVDA

Nvidia Corp's (NASDAQ:NVDA) stock has soared by about 240% this year, fueled by AI-driven demand for its graphics chips. L&T Technology Services has partnered with Nvidia to develop medical device architectures, enhancing endoscopy image quality. SandboxAQ, an Alphabet Inc spinoff, is using Nvidia's quantum platforms for simulating quantum mechanics in various sciences. The Bill & Melinda Gates Foundation Trust recently bought 9,200 shares of Nvidia, now among its top holdings. NVDA shares were up 0.47% in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 20, 2023 | 3:28 pm

MIRA

Shares of MIRA Pharmaceuticals were halted due to a circuit breaker after experiencing a significant drop. Despite the halt, the stock is currently up 63%.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 3:26 pm

WWD

Truist Securities analyst Michael Ciarmoli has reiterated a Hold rating on Woodward (NASDAQ:WWD) and maintained a $124 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 3:24 pm

YMM

Full Truck Alliance Co Ltd (NYSE:YMM) reported a 25.2% year-over-year increase in Q3 FY23 sales, reaching ¥2.26 billion ($310.30 million). The growth was driven by a 25.8% rise in freight matching services revenues. Adjusted operating income surged by 88.8% Y/Y to ¥458.5 million, and adjusted net income per ADS increased to ¥0.78 ($0.11) from ¥0.46 a year ago. The company experienced a rise in general and administrative expenses due to higher share-based compensation and a settlement of a U.S. securities class action. YMM's cash and equivalents totaled $3.8 billion as of September 30, 2023. The company also repurchased 22.8 million ADSs for $147.3 million. With a 27.0% increase in fulfilled orders and a 15.0% rise in average shipper MAU, YMM expects Q4 revenues to grow by 18.2%-20.6% Y/Y. YMM shares rose by 14.19% to $8.01.

Portfolio Pulse from Lekha Gupta

November 20, 2023 | 3:22 pm

NIO

NIO Inc (NYSE:NIO) shares are trading higher on Monday, potentially due to positive comments from the company's president, Qin Lihong, at the Guangzhou auto show. Qin dismissed rumors of the company nearing bankruptcy, emphasizing Nio's 40% growth and the need to improve growth trajectory. Additionally, Nio's announcement of its 2,100th power swap station becoming active may have contributed to the positive sentiment. Investors are anticipating Nio's third-quarter financial results, following a previous quarter where the company missed analyst expectations but reported having $4.3 billion in liquidity and investments.

Portfolio Pulse from Adam Eckert

November 20, 2023 | 3:22 pm

SAVE

There was a notable options trading activity on Spirit Airlines, where a sweep of 370 calls for the $20 strike price expiring on January 19th was executed near the ask price at $1.77. This is compared to an open interest of 62,691 for the option. The underlying stock reference price at the time was $12.66.

Portfolio Pulse from Charles Gross

November 20, 2023 | 3:21 pm

BJRI

Piper Sandler analyst Nicole Miller Regan has maintained a Neutral rating on BJ's Restaurants (NASDAQ:BJRI) and increased the price target from $28 to $32.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 3:21 pm

SUN

XOM

The Department of Energy (DOE) is facing challenges in refilling the Strategic Petroleum Reserve (SPR) after releases to mitigate gasoline prices and support allies during the Russia/Ukraine conflict. The SPR's capacity has decreased from 594 million barrels to 351.3 million barrels. The DOE's intricate refilling process involves soliciting proposals from energy companies for specific types of oil, with a current focus on sour crude. Purchase requests have ranged from 1.2 to 6 million barrels, with contracts awarded to companies like Exxon Mobil and Sunoco LP. At the current refill pace, it would take over six years to return to previous levels, indicating a need for an accelerated process.

Portfolio Pulse from Kevin Green

November 20, 2023 | 3:20 pm