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DIA

IWM

QQQ

SMH

SPY

Stock indexes fell following a larger-than-expected increase in the Producer Price Index (PPI), leading to a rise in the dollar. Cryptocurrencies and semiconductor stocks also experienced a pullback.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 7:34 pm

JBLU

SAVE

JetBlue Airways Corp (JBLU) experienced a 20% stock drop from July 2022 to March 2024 due to the proposed but eventually terminated merger with Spirit Airlines Inc (SAVE). Despite this, JBLU stock has rebounded with a 27% return to investors this year. CEO Joanna Geraghty announced a focus on core markets and fundamentals at the JPMorgan Industrials conference. A Golden Cross formation in JBLU's stock indicates potential growth and renewed investor confidence.

Portfolio Pulse from Surbhi Jain

March 14, 2024 | 7:33 pm

BBW

Small Cap Consumer Research analyst Eric Beder maintains a Buy rating on Build-A-Bear Workshop (NYSE:BBW) and keeps the price target at $41.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 7:32 pm

CLF

X

Cleveland-Cliffs' CEO has indicated interest in making a bid for U.S. Steel if their current deal with Nippon falls through, suggesting a bid price in the $30s.

Portfolio Pulse from Happy Mohamed

March 14, 2024 | 7:32 pm

POOL

Pool Corporation's (NYSE:POOL) short interest has decreased by 5.2% since the last report, with 4.01 million shares sold short, representing 13.67% of its float. This indicates a bearish sentiment, although it's lower than before. The peer group average for short interest is significantly lower at 2.78%, highlighting Pool's higher bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 7:30 pm

AMP

Ameriprise Financial (AMP) has significantly outperformed the market with an annualized return of 26.12% over the past 5 years, turning a $1000 investment into $3,154.50. The company now has a market capitalization of $41.80 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 7:30 pm

ENPH

Over the past 5 years, Enphase Energy (NASDAQ:ENPH) has significantly outperformed the market, with an annualized return of 51.5% and an average annual return of 64.16%, growing a $100 investment to $1,134.13. The company currently has a market capitalization of $15.85 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 7:30 pm

NOK

Nokia's (NYSE:NOK) short interest has increased by 14.29% since the last report, with 22.39 million shares sold short, representing 0.4% of available shares. It would take approximately 1.65 days to cover these short positions. An increase in short interest can indicate bearish market sentiment, but Nokia's short interest is below its peer group average of 7.93%. This suggests less bearish sentiment compared to its peers, and increasing short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 7:30 pm

GWRE

Guidewire Software (NYSE:GWRE) has seen a 7.28% increase in its short percent of float since the last report, with 2.77 million shares sold short, representing 3.39% of available shares. It would take about 6.13 days for traders to cover these short positions. The increase in short interest can indicate a bearish market sentiment towards GWRE, although it has less short interest compared to its peer group average of 4.82%. This information suggests investors are showing increased bearishness but GWRE is still performing better in this aspect than most of its peers.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 7:30 pm

EVA

Enviva's shares are trading higher following the announcement of voluntary Chapter 11 proceedings, a $1 billion debt reduction, and securing $500 million in new financing.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 7:30 pm