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Stock Prices

PCT

Stifel analyst Michael Hoffman has maintained a Buy rating on PureCycle Technologies (NASDAQ:PCT) but has reduced the price target from $15 to $6.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:33 pm

ETCUSD

Ethereum Classic (CRYPTO: ETC) has experienced a 5% drop to $20.39 amid general cryptocurrency market volatility. This volatility is partly due to rising optimism about the SEC potentially approving a Bitcoin ETF, with Bloomberg suggesting a 90% chance of approval by January 10, 2024. Regulatory decisions on a Bitcoin ETF are significant for cryptocurrencies like Ethereum Classic, as they can lead to increased liquidity and market depth, as well as heightened price sensitivity to trades.

Portfolio Pulse from Henry Khederian

November 10, 2023 | 8:32 pm

BTCUSD

DOGEUSD

ETHUSD

Bitcoin (BTC) reclaimed the $37,000 level, with a 2% increase, as anticipation grows for a potential U.S. SEC approval of a spot Bitcoin ETF. Ethereum (ETH) outperformed Bitcoin with a 13% surge, while both cryptocurrencies showed signs of consolidation. Dogecoin (DOGE) remained stable, trading sideways above its 200-day SMA. Technical analysis suggests bullish patterns for Bitcoin and Ethereum, with potential golden crosses forming. Dogecoin's consolidation could lead to a breakout if followed by high bullish volume.

Portfolio Pulse from Melanie Schaffer

November 10, 2023 | 8:32 pm

BSX

Boston Scientific (NYSE:BSX) has seen a 31.52% decrease in short interest since its last report, with 9.14 million shares sold short, representing 0.63% of available shares. The current short interest is below the peer group average of 3.48%. Short interest is a market sentiment indicator, and the decline suggests investors may be becoming more bullish on BSX.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 8:30 pm

MDB

MongoDB (NYSE:MDB) has experienced a 16.28% increase in short interest since its last report, with 3.67 million shares sold short, representing 6.0% of its float. It would take about 3.72 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. MongoDB has a higher short interest compared to its peer group average of 5.46%.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 8:30 pm

DHI

D.R. Horton (NYSE:DHI) has seen a decrease in short interest, with the current level at 6.55 million shares or 3.39% of float, down 6.61% from the last report. It would take about 3.14 days to cover all short positions. Short interest is a market sentiment indicator, and D.R. Horton's short interest is below its peer group average of 6.61%. While a decline in short interest does not necessarily predict a stock price increase, it indicates that fewer shares are being shorted.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 8:30 pm

LEGH

Legacy Housing Corporation's stock (LEGH) is trading higher despite the company reporting mixed results for its third-quarter earnings. The term 'mixed' typically indicates that some aspects of the earnings report were positive, while others did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:25 pm

AFRM

Affirm Holdings, Inc. (AFRM) shares are trading lower following a recent surge due to strong Q1 results. The stock is experiencing a pullback as the market reacts to its previous gains.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:23 pm

INDV

Indivior's stock price is trading lower following the release of their Q3 financial results on Thursday.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:22 pm

PLTR

Palantir Technologies Inc. shares are trading higher, potentially extending gains following the company's strong Q3 earnings report last week.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 8:20 pm