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Stock Prices

EJH

Shares of E-Home Household Service (EJH) were halted due to a circuit breaker after the stock plummeted by 19.9%.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:29 pm

CI

ELV

Elevance Health Inc (ELV) and Cigna Group's Express Scripts (CI) have settled a contract dispute, allowing Elevance to appeal the dismissal of a $14.8 billion lawsuit against Express Scripts for overcharging prescription drugs. The lawsuit, initiated in 2016, was dismissed last March, but a secondary claim was allowed to proceed. The settlement concludes the case, and Elevance plans to appeal to the 2nd U.S. Circuit Court of Appeals. ELV shares slightly rose, while CI shares fell on the last check Tuesday.

Portfolio Pulse from Vandana Singh

November 14, 2023 | 3:22 pm

SPY

Cody Carbone expresses a bearish stance on a particular ETF, which is facing new pressures from major financial institutions BlackRock and Fidelity. Meanwhile, U.S. SEC Chair Gary Gensler reaffirms his position despite facing pressure and being presented with facts.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:20 pm

COIN

Katherine Wu, a shareholder in Coinbase, revealed during the Q3 shareholder meeting that 52 million people own cryptocurrency, with ownership rates increasing among younger demographics.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:17 pm

QCOM

Qualcomm (NYSE:QCOM) has seen a 4.92% rise in short interest since its last report, with 14.22 million shares sold short, representing 1.28% of available shares. The short interest is below the peer group average of 3.66%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 3:15 pm

NEM

Newmont's (NYSE:NEM) short interest has decreased by 12.18% since the last report, with 44.27 million shares sold short, representing 4.18% of available shares. The average time to cover these short positions is 2.49 days. While a decrease in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term price rise. Newmont has a higher short interest than its peer group average of 3.81%.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 3:15 pm

CTVA

Corteva (NYSE:CTVA) has seen a decrease in short interest, with the short percent of float dropping 3.01% since the last report. The company has 8.03 million shares sold short, which is 1.29% of available shares for trading, taking an average of 2.33 days to cover. This decline in short interest may indicate a more bullish sentiment among investors. Corteva's short interest is below its peer group average of 3.97%.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 3:15 pm

GLNCY

NISTF

TECK

Teck Resources Ltd (NYSE:TECK) shares are rising after announcing the sale of its 77% stake in Elk Valley Resources to Glencore PLC (OTC:GLNCY) for $6.9 billion in cash. Nippon Steel Corp (OTC:NISTF) will acquire a 20% interest in EVR. The deals will refocus Teck on critical minerals and copper growth projects, improving its capitalization and potential shareholder returns. TECK's liquidity as of October 23, 2023, was $7.0 billion. TECK shares are up 1.04% at $36.83.

Portfolio Pulse from Lekha Gupta

November 14, 2023 | 3:12 pm

HD

LOW

Lowe's shares are trading higher following Home Depot's better-than-expected Q3 results, indicating positive market sentiment towards home improvement retailers.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:07 pm

HD

Home Depot's stock is trading higher following the release of their third-quarter results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 3:07 pm