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ACRHF

CURLF

GTBIF

The New York cannabis market has been facing challenges since its launch last year, including lawsuits, illegal operators, and high taxes. The Coalition for Access to Regulated and Safe Cannabis (CARSC) filed a lawsuit against the OCM for allegedly violating MRTA by reserving the first 150 retail licenses for social equity applicants. The lawsuit includes large marijuana companies Acreage Holdings (OTCQX:ACRHF), Curaleaf Holdings (OTCQX:CURLF), Green Thumb Industries (OTCQX:GTBIF), and PharmaCann. Despite these challenges, industry experts remain optimistic about the market's potential.

Portfolio Pulse from Nina Zdinjak

September 28, 2023 | 8:58 pm

MTN

Vail Resorts, Inc. (NYSE:MTN) reported Q4 losses of $3.35 per share, a 24.07% decrease from the same period last year. The company also missed the analyst consensus estimate for quarterly sales, reporting $269.77 million against the expected $283.20 million. Despite these results, the company expects a net income attributable between $316 million and $394 million for the full year 2024. Shares of MTN were down 0.52% in the after-hours session.

Portfolio Pulse from Ryan Gustafson

September 28, 2023 | 8:54 pm

BTCUSD

BUSDUSD

COIN

Since Gary Gensler took office as the Chairman of the U.S. Securities and Exchange Commission (SEC) in April 2021, Bitcoin's value has decreased by 56.6%. Gensler, known for his stance on cryptocurrency regulation, has faced opposition from the industry and calls for his removal. The SEC has also clashed with cryptocurrency platforms such as Coinbase Global and Binance.

Portfolio Pulse from Chris Katje

September 28, 2023 | 8:53 pm

GOOG

GOOGL

Bill Ackman, the founder of Pershing Square Capital Management, has revealed that Alphabet Inc. is now the firm's second largest investment.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 8:52 pm

NFLX

Bill Ackman, a renowned investor, has expressed his continued confidence in the management team at Netflix, despite recent market fluctuations.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 8:50 pm

SPY

Bill Ackman, the founder of Pershing Square Capital Management, stated that he would not be surprised to see 30-year rates surpass the 5% barrier. This could potentially impact the bond market and indirectly affect the stock market.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 8:48 pm

IEP

Bill Ackman, the hedge fund manager, has stated that he has never shorted Icahn Enterprises L.P. (IEP).

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 8:47 pm

EXC

Exelon's (NYSE:EXC) short percent of float has risen 6.47% since its last report, with 14.70 million shares sold short, which is 1.48% of all regular shares available for trading. This increase in short interest can signal that investors have become more bearish. However, compared to its peers, Exelon has less short interest as a percentage of float (2.32%).

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 8:45 pm

PKX

POSCO Holdings's (NYSE:PKX) short percent of float has fallen 4.35% since its last report, with 1.34 million shares sold short, which is 0.44% 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, POSCO has less short interest.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 8:45 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 4.56%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 8:45 pm