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The Dow Jones rose by 100 points, while NASDAQ fell slightly. Goldman Sachs reported better-than-expected Q3 earnings, despite a decrease from the previous year. Energy shares climbed by 1%, while IT shares fell by 0.9%. SciSparc, Assembly Biosciences, and Olink Holding saw significant stock increases, while Evelo Biosciences, NetScout Systems, and Monte Rosa Therapeutics experienced decreases. Oil and gold prices rose slightly.

Portfolio Pulse from Lisa Levin

October 17, 2023 | 3:56 pm

MTDR

Zacks Surprise Trader has picked Matador Resources (MTDR) as its stock to watch. No specific reasons were given in the article.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 3:56 pm

HUM

Health insurer Humana Inc. (NYSE:HUM) and USAA Life Insurance Company have partnered to extend their co-branded Medicare Advantage offerings, focusing on veterans. The Humana USAA Honor plans will offer a $0 monthly plan premium, Part B Medicare premium reduction, dental, vision, hearing coverage, and more from 2024. The plans will be available to about 58 million Medicare beneficiaries in 2,655 counties nationwide. HUM shares are trading higher by 1.08% to $529.87.

Portfolio Pulse from Nabaparna Bhattacharya

October 17, 2023 | 3:54 pm

SQ

Truist Securities analyst Andrew Jeffrey maintains a Buy rating on Block (NYSE:SQ) but lowers the price target from $85 to $70.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 3:50 pm

VFC

Activist investor Engaged Capital has built a significant stake in V.F. Corp (NYSE:VFC) and is pushing for changes, including cost-cutting initiatives that could save more than $300 million annually. Engaged Capital is now believed to be among the top 10 shareholders of VF Corp. The investor believes that by focusing on gross margin improvement and cost reductions, VF Corp's share price could rise to the mid-$40s within three years.

Portfolio Pulse from Adam Eckert

October 17, 2023 | 3:41 pm

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Despite a general downward trend in U.S. stocks, several companies recorded gains. Olink Holding AB's shares rose 65.8% after Thermo Fisher Scientific announced plans to acquire the company. Wyndham Hotels & Resorts, Inc. gained 11.2% following a proposal from Choice Hotels to acquire the company for $90.00 per share. Engaged Capital has built a significant stake in V.F. Corporation, leading to a 13.4% rise in its shares. Sensient Technologies Corporation's stock jumped 6.7% after Baird upgraded the stock from Neutral to Outperform.

Portfolio Pulse from Lisa Levin

October 17, 2023 | 3:40 pm

METC

Ramaco Resources Inc (NASDAQ:METC) shares are trading higher after the company updated its third-quarter guidance. The company now expects adjusted third-quarter earnings to be between 42 cents and 45 cents per share, a potential increase of 160% compared to the second quarter. The company also expects to ship 996,000 tons of coal during the third quarter, up about 39% from the prior quarter. Ramaco's board declared a cash dividend of $0.125 per share of Class A common stock and $0.2487 per share of Class B common stock.

Portfolio Pulse from Adam Eckert

October 17, 2023 | 3:34 pm

WST

West Pharmaceutical Servs (NYSE:WST) has outperformed the market over the past 15 years, producing an average annual return of 21.89%. If an investor had bought $1000 of WST stock 15 years ago, it would be worth $18,708.01 today. The company currently has a market capitalization of $28.50 billion.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 3:30 pm

BDX

Becton Dickinson's (NYSE:BDX) short percent of float has fallen 22.88% since its last report, with 2.65 million shares sold short, which is 0.91% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Becton Dickinson has less short interest.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 3:30 pm

AIG

American Intl Gr's (NYSE:AIG) short percent of float has risen 5.38% since its last report, with 6.25 million shares sold short, which is 0.98% of all regular shares available for trading. It would take traders 2.02 days to cover their short positions on average. The company's short interest is less than its peer group average of 1.66%.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 3:30 pm