Streetbeat News

Stock Prices

ALK

AUVIP

BGLC

LUNR

MESA

NXU

PIXY

POLA

SPCE

VIEW

XOS

During Monday's intraday session, several industrial stocks experienced significant movements. Hawaiian Holdings (HA) saw a substantial increase of 187.2%, while View (VIEW) and Nxu (NXU) also saw notable gains. Mesa Air Group (MESA), Polar Power (POLA), and Intuitive Machines (LUNR) shares moved upwards as well. Conversely, BioNexus Gene Lab (BGLC), Applied UV (AUVIP), Alaska Air Group (ALK), Virgin Galactic Holdings (SPCE), ShiftPixy (PIXY), and Xos (XOS) experienced declines during the session.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:30 pm

CBSTF

MSOS

SHWZ

TCNNF

The Viridian Chart of the Week analyzes the potential impact of a DEA announcement on the top 15 Multi-State Operators (MSOs) in the cannabis industry. The MSOS ETF has seen a significant increase since the HHS rescheduling announcement but has dropped from its peak. Stocks like SHWZ and CBSTF have declined since the HHS announcement, suggesting less downside risk from negative DEA news. Conversely, stocks like AYR Wellness have seen substantial gains, indicating higher risk. The chart also considers the upside potential if the DEA ratifies Schedule 3, with stocks like TCNNF and Cannabist potentially seeing significant gains. Viridian suggests that gains could be even higher, referencing past price levels after the SAFE Act and Schumer/Booker proposal.

Portfolio Pulse from Viridian Capital Advisors

December 04, 2023 | 5:30 pm

DEO

Diageo's (NYSE:DEO) short interest has decreased by 6.9% since the last report, with 1.52 million shares sold short, representing 0.27% of available shares. The average time to cover these short positions is 1.7 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. Diageo's short interest is below its peer group average of 4.28%. Short interest levels can be a market sentiment indicator, and changes in short interest can have implications for stock performance.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:30 pm

Trane Technologies (NYSE:TT) has delivered an average annual return of 24.6% over the past 5 years, outperforming the market by 13.0% on an annualized basis. A $1000 investment in TT 5 years ago would now be worth $2,906.85. The company currently has a market cap of $51.78 billion.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:30 pm

RACE

Over the past 5 years, Ferrari (NYSE:RACE) has produced an average annual return of 27.58%, outperforming the market by 15.98% annually. A $100 investment in RACE stock 5 years ago would be worth $329.54 today. Ferrari's market capitalization currently stands at $64.00 billion.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:30 pm

JCI

Johnson Controls Intl (NYSE:JCI) has seen a 14.29% increase in short interest since its last report, with 9.75 million shares sold short, representing 1.44% of its float. The short interest is below the peer group average of 3.85%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:30 pm

FANG

Diamondback Energy (NYSE:FANG) has seen a 15.74% increase in short interest since its last report, with 6.23 million shares sold short, representing 3.97% of its float. The short interest is below the peer group average of 6.12%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 5:30 pm

PSX

TD Cowen analyst Jason Gabelman has maintained an Outperform rating on Phillips 66 (NYSE:PSX) and increased the price target from $134 to $150.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 5:28 pm

AMAT

AMD

INTC

KLAC

MRVL

NVDA

Semiconductor and chip stocks are trading lower, potentially due to a broader decline in the technology sector.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 5:28 pm

MSS

Shares of Maison Solutions were halted due to a circuit breaker after falling 19.2%. The stock experienced a significant drop, triggering market mechanisms to pause trading and prevent further immediate decline.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 5:27 pm