Streetbeat News

Stock Prices

STNE

StoneCo (NYSE:STNE) has seen a 5.0% increase in short percent of float since its last report, with 13.36 million shares sold short, representing 4.62% of available shares. This indicates a bearish market sentiment towards STNE, although it has less short interest compared to its peers' average of 4.79%. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 3:45 pm

V

Visa's (NYSE:V) short interest has increased by 10.88% since the last report, with 33.77 million shares sold short, representing 2.14% of its float. It would take about 5.27 days to cover these short positions based on current trading volume. This rise in short interest can indicate a more bearish market sentiment towards Visa, although it has less short interest compared to its peer group average of 4.90%. The increase in short interest doesn't necessarily predict a price drop but indicates heightened short selling activity.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 3:45 pm

KMI

Kinder Morgan (NYSE:KMI) has seen a 9.2% decrease in short interest, now at 28.67 million shares or 1.48% of float, indicating a potential shift in market sentiment towards more bullish views. Compared to its peers, KMI has a lower short interest percentage of float (3.47%), suggesting it may be performing better than similar companies.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 3:45 pm

CELZ

Creative Medical Technology Holdings' shares surged following the FDA's authorization for expanded access therapy using CELZ-20, indicating a positive development for the company and its stakeholders.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:42 pm

ML

MoneyLion shares surged following the announcement of better-than-expected Q4 revenue results and positive Q1 guidance.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:42 pm

NYCB

New York Community Bancorp (NYSE:NYCB) announced a $1 billion equity investment and management changes. Analysts have mixed views on its short-term impact, with price targets ranging from $3 to $7.50. The equity infusion is seen as dilutive but necessary for stability and confidence. Concerns remain about potential losses in the bank's portfolio, but the new management and investor base are viewed positively for a potential turnaround.

Portfolio Pulse from Chris Katje

March 07, 2024 | 3:41 pm

CERO

CERo Therapeutics' stock is trading higher following the announcement of their preclinical research publication on CER-1236, which targets Acute Myelogenous Leukemia tumor cells in human patients.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:40 pm

UP

Wheels Up Experience reported worse-than-expected Q4 revenue results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:40 pm

AVGR

Avinger Inc. shares were halted due to a circuit breaker following a significant trading activity. The halt is a regulatory measure to prevent excessive volatility and ensure orderly market conditions.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:39 pm

SHW

Sherwin-Williams shares are trading higher following an upgrade by UBS from Neutral to Buy, along with an increase in the price target from $312 to $402.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:38 pm