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YUM

Yum Brands's (NYSE:YUM) short interest has increased by 3.32%, with 6.12 million shares sold short, representing 2.18% of its float. It would take approximately 4.19 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards YUM, although it has less short interest compared to its peer group average of 8.88%. The increase in short interest doesn't necessarily predict a price drop but suggests traders are betting against the stock.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:45 pm

UL

Unilever's (NYSE:UL) short interest has increased by 14.29% since the last report, with 1.89 million shares sold short, representing 0.08% of its float. This indicates a bearish market sentiment towards UL, although it has less short interest compared to its peers' average of 6.37%. The rise in short interest doesn't necessarily predict a price drop but suggests increased bearish activity.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:45 pm

ATRA

Atara Biotherapeutics' stock price increased following the announcement of the publication of Phase 3 ALLELE Tab-cel data in collaboration with Pierre Fabre Laboratories.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 7:38 pm

NSTG

NanoString Technologies, Inc. (NSTG) announced the commercial availability of the CosMx Human 6K Discovery Panel, leading to an increase in its stock price.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 7:37 pm

SBUX

Guggenheim analyst Gregory Francfort downgraded Starbucks' price target to $100 from $101, maintaining a Neutral rating. The downgrade follows Starbucks' Q1 revenue of $9.4 billion, missing estimates of $9.59 billion, and earnings per share of 90 cents, below the expected 93 cents. Francfort cited increased U.S. competition and slower top-line growth as reasons for lowering the 2024 adjusted EPS forecast to $4.00 from $4.05. Despite this, Starbucks shares are considered not particularly expensive at 23x C'24 EPS.

Portfolio Pulse from Nabaparna Bhattacharya

February 01, 2024 | 7:31 pm

MCHP

Smart money investors have shown a bearish stance on Microchip Technology (NASDAQ:MCHP), with unusual options activity detected. The sentiment among these investors is split, with 36% bullish and 63% bearish. Notable options trades include both puts and calls, targeting a price range of $72.5 to $110.0 for MCHP. The company, known for its microcontrollers and analog chips, has seen a recent price increase of 0.32%, with an earnings announcement expected imminently. Analyst opinions on MCHP are mixed, with price targets ranging from $80 to $105.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:30 pm

DVN

Financial analysts have observed a bearish trend in options trading for Devon Energy (NYSE:DVN), with a mix of bullish and bearish sentiments among traders. The analysis highlighted unusual trades, predicting a price range for DVN between $37.5 and $52.5. Devon Energy, a major North American exploration and production company, has seen its stock price slightly increase, with professional analysts maintaining optimistic target prices despite the bearish options sentiment.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:30 pm

ROP

Over the past 10 years, Roper Techs (NASDAQ:ROP) has produced an average annual return of 15.19%, outperforming the market by 4.42%. A $100 investment in ROP a decade ago would now be worth $411.21. Roper Techs currently has a market capitalization of $57.36 billion.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:30 pm

CDW

Over the past 10 years, CDW (NASDAQ:CDW) has significantly outperformed the market, with an annualized return of 25.66%. A $1000 investment in CDW a decade ago would now be worth $9,788.19. This showcases the impact of compounded returns on investment growth over time. CDW's current market capitalization stands at $30.45 billion.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 7:30 pm

DWAC

RUM

Digital World Acquisition Corporation (DWAC) is testing a video streaming platform for Truth Social, potentially impacting its partnership with Rumble Inc (RUM). DWAC's merger with Trump Media & Technology Group (TMTG) includes plans to expand Truth Social's offerings, potentially competing with Rumble, which currently hosts Trump's videos. This development could affect Rumble's stock, which has seen volatility linked to Trump's political activities.

Portfolio Pulse from Chris Katje

February 01, 2024 | 7:27 pm