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UBS

The Department of Justice (DOJ) is reportedly intensifying its investigation into UBS and Credit Suisse over alleged evasion of Russian sanctions. This news has led to a decrease in UBS's share price.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:34 pm

SYBX

Synlogic, Inc. (NASDAQ:SYBX) has announced a 1-for-15 reverse stock split of its common stock, effective from September 27, 2023. The move is primarily intended to bring the company into compliance with the minimum bid price requirement for maintaining its listing on The Nasdaq Capital Market. The number of outstanding common stock will be reduced from approximately 69.0 million shares to approximately 4.6 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:32 pm

MULN

Mullen Automotive (NASDAQ:MULN) CEO David Michery has provided an update to shareholders, highlighting the company's strong balance sheet and progress despite a challenging economic environment. The company has received EPA certification for Class 3 EV commercial vehicles, engaged Donohoe Advisory Associates to represent its interests in a Nasdaq hearing, and taken a firm stance against manipulative trading in its stock. Mullen has also received $279 million in purchase orders for its EV Vans and Trucks, started a $25 million stock buyback program, and launched its in-house fleet telematics solution.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:32 pm

OXY

Shares of Occidental Petroleum are trading higher due to an increase in oil prices following a draw in US crude oil inventories.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:31 pm

SNOW

Snowflake's (NYSE:SNOW) short percent of float has fallen 15.61% since its last report, indicating a decrease in bearish sentiment. The company has 9.29 million shares sold short, which is 2.92% of all regular shares available for trading. Compared to its peers, Snowflake has less short interest as a percentage of float, with an average of 5.55%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 4:30 pm

WDAY

Workday (NASDAQ:WDAY) has outperformed the market over the past 10 years, producing an average annual return of 10.8%. If an investor had bought $100 of WDAY stock 10 years ago, it would be worth $284.83 today. The company currently has a market capitalization of $60.39 billion.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 4:30 pm

PH

Parker Hannifin (NYSE:PH) has outperformed the market over the past 15 years, producing an average annual return of 14.9%. If an investor had bought $1000 of PH stock 15 years ago, it would be worth $7,636.65 today. The company currently has a market capitalization of $50.14 billion.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 4:30 pm

BBVA

BBVA's short percent of float has decreased by 14.29% since its last report, with 3.54 million shares sold short, representing 0.06% of all regular shares available for trading. It would take traders 3.73 days on average to cover their short positions. The company's short interest is less than its peer group average of 0.90%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 4:30 pm

WST

West Pharmaceutical Servs's (NYSE:WST) short percent of float has fallen 3.68% since its last report, with 885 thousand shares sold short, which is 1.57% of all regular shares available for trading. It would take traders 2.9 days to cover their short positions on average. The company has less short interest than most of its peers, with the average for its peer group being 4.78%.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 4:30 pm

BAC

Bank of America's CEO has stated that there is a significant amount of IPO and buyout activity waiting for market stability. This suggests that the bank may be involved in underwriting or advising on these deals, which could potentially boost its revenues.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2023 | 4:29 pm