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HRMY

Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) shares rebounded by over 11% on Monday after falling last Friday due to disappointing Phase 3 INTUNE study data. Three analysts also lowered their price targets on the stock.

Portfolio Pulse from Ryan Gustafson

October 16, 2023 | 7:41 pm

CELJF

EIS

IZRL

SMWB

The ongoing Israel-Hamas conflict has led to a tense situation with US Secretary of State Antony Blinken and Israeli Prime Minister Benjamin Netanyahu seeking refuge in a bunker during their meeting due to air raid sirens. The Pentagon has issued 'prepare to deploy' orders to approximately 2,000 US troops. Iran has signaled readiness for a broader conflict. The humanitarian situation in Gaza is rapidly approaching catastrophe. The Israeli shekel has experienced its sixth consecutive decline, reaching an eight-year low. Israel-related stocks fell, with the iShares MSCI Israel ETF (EIS) falling 0.6% and the ARK Israel Innovative Technology ETF (IZRL) rising 0.6%. Similarweb Ltd. (SMWB) was the top performer among Israeli stocks, while Cellcom Israel Ltd. (CELJF) was the worst performing.

Portfolio Pulse from Piero Cingari

October 16, 2023 | 7:38 pm

KVYO

SHOP

Several analysts initiated coverage on Klaviyo Inc (NYSE:KVYO) following its IPO last month, with a generally bullish sentiment. The company's untapped potential with Shopify Inc (NYSE:SHOP), its growth strategy, and diversified revenue base were highlighted. Analysts from Piper Sandler, Needham, Truist Securities, Mizuho, and William Blair initiated coverage with positive ratings and price targets ranging from $37 to $42. Barclays and Morgan Stanley initiated coverage with an Equal-Weight rating.

Portfolio Pulse from Lekha Gupta

October 16, 2023 | 7:33 pm

HIFS

Hingham Institution For Savings reported a year-over-year decrease in Q3 EPS results, leading to a drop in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:31 pm

HLTH

Oakmont Corp has reported a 6.3% stake in Cue Health as of October 6, 2023, according to a 13D filing with the SEC.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 7:30 pm

KHC

Kraft Heinz's (NYSE:KHC) short percent of float has risen 17.96% since its last report, with 17.71 million shares sold short, which is 1.97% of all regular shares available for trading. It would take traders 2.19 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Kraft Heinz's peer group average for short interest as a percentage of float is 4.75%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:30 pm

CNQ

Canadian Natural Res (NYSE:CNQ) has outperformed the market over the past 20 years by 5.91% on an annualized basis, producing an average annual return of 13.38%. If an investor had bought $1000 of CNQ stock 20 years ago, it would be worth $12,307.20 today.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:30 pm

MDLZ

Mondelez International's (NYSE:MDLZ) short percent of float has fallen 11.54% since its last report, with 12.44 million shares sold short, which is 0.92% of all regular shares available for trading. This decrease in short interest could indicate a more bullish sentiment towards the stock. Compared to its peers, Mondelez has less short interest as a percentage of float, with an average of 4.80%.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:30 pm

EIX

Edison Intl's (NYSE:EIX) short percent of float has fallen 8.99% since its last report, with 6.71 million shares sold short, which is 2.53% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, compared to its peers, Edison Intl has a higher short interest as a percentage of float (2.13%).

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:30 pm

DOGEUSD

SHIBUSD

Japanese crypto exchange BitTrade has announced that it will add Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) to its platform, effective Oct. 18, 2023. This move could potentially push token prices higher. Shiba Inu's burn rate has surged by more than 270% in the past 24 hours, with 48 million SHIB tokens permanently removed from circulation. Dogecoin, favored by billionaire Elon Musk, has a significant number of wallets with unrealized earnings.

Portfolio Pulse from Khyathi Dalal

October 16, 2023 | 7:27 pm