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PKE

Park Aerospace reported its Q2 financial results, which led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 8:24 pm

NAVB

The NYSE American has announced that it will suspend trading in Navidea Biopharmaceuticals (NAVB).

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 8:22 pm

NVO

PODD

WMT

Insulet Corporation's (NASDAQ:PODD) shares traded lower due to the popularity of weight loss drugs like Ozempic and Wegovy, manufactured by Novo Nordisk A/S (NYSE:NVO). The stock was also affected by the announcement of Wayde McMillan stepping down from his role as Executive Vice President, CEO and Treasurer. Despite the downtrend, the stock was upgraded from Hold to Buy by Jefferies analyst Matthew Taylor.

Portfolio Pulse from Ryan Gustafson

October 05, 2023 | 8:22 pm

LEVI

Levi Strauss has revised its FY23 adjusted EPS guidance to the lower end of the previously guided $1.10-$1.20 range, compared to the $1.12 estimate. The company also expects its net revenues to be flat or increase by up to 1% YoY.

Portfolio Pulse from Happy Mohamed

October 05, 2023 | 8:19 pm

BG

Bunge shareholders have approved the combination with Viterra, which includes the issuance of 65,611,831 shares. The shareholders also support the redomestication that will change the place of incorporation and residence from Bermuda to Switzerland.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 8:17 pm

SAND

Sandstorm Gold Ltd. (NYSE:SAND) (TSX:SSL) announced Q3 2023 sales, selling approximately 21,100 attributable gold equivalent ounces and realizing preliminary revenue of $41.2 million. This is an increase from the comparable period in 2022, where they sold 22,606 ounces and made $39.0 million in revenue. The preliminary cost of sales for the three-month period was $4.6 million, resulting in cash operating margins of approximately $1,700 per attributable gold equivalent ounce.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 8:16 pm

ITUB

Itau Unibanco Holding's (NYSE:ITUB) short percent of float has risen 7.27% since its last report, with 28.53 million shares sold short, which is 0.59% of all regular shares available for trading. This does not necessarily mean the stock will fall in the near-term, but traders should be aware that more shares are being shorted. Compared to its peers, Itau Unibanco has less short interest.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 8:15 pm

GE

General Electric's (NYSE:GE) short percent of float has fallen 5.0% since its last report, with 12.31 million shares sold short, which is 1.14% of all regular shares available for trading. It would take traders 3.07 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 4.12%.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 8:15 pm

HZNP

Horizon Therapeutics's (NYSE:HZNP) short percent of float has fallen 25.18% since its last report, with 7.10 million shares sold short, which is 3.12% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, Horizon Therapeutics has less short interest.

Portfolio Pulse from Benzinga Insights

October 05, 2023 | 8:15 pm

PKE

Park Aerospace (NYSE:PKE) reported Q2 earnings of $0.09 per share, unchanged from the same period last year. However, sales decreased by 10.05% to $12.48 million from $13.88 million YoY.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 8:13 pm