Streetbeat News

Stock Prices

AAPL

ARM

DIS

NFLX

NVDA

QQQ

TLT

TSLA

The article lists the top 10 trending stocks on WallStreetBets as of September 21, 2023. The stocks mentioned are AAPL, AI, ARM, CSE:OIL, DIS, NFLX, NVDA, QQQ, TLT, TSLA.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 1:51 pm

KHC

Kraft Heinz Company (NASDAQ:KHC) has voluntarily recalled approximately 83,800 cases of Kraft Singles American processed cheese slices due to a choking hazard from the wrappers. The issue arose from a temporary glitch in the company's wrapping machine, which left a thin strip of film on the slices. The company has fixed the machine and inspected all other processing machines. Kraft Heinz's shares are trading lower by 0.12% to $33.98.

Portfolio Pulse from Nabaparna Bhattacharya

September 21, 2023 | 1:50 pm

SEEL

Guggenheim analyst Yatin Suneja has downgraded Seelos Therapeutics (NASDAQ:SEEL) from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 1:48 pm

AMTI

CYTH

Applied Molecular Transport Inc (AMTI) has agreed to merge with Cyclo Therapeutics Inc (CYTH) in an all-stock transaction. The combined company will operate under Cyclo Therapeutics and continue trading on The Nasdaq Capital Market under the CYTH ticker. The merger is expected to close in Q4 2023. AMT stockholders will receive approximately 0.174 shares of Cyclo Therapeutics for each of their shares in AMT. After the merger, the existing Cyclo Therapeutics management team will lead the combined company.

Portfolio Pulse from Vandana Singh

September 21, 2023 | 1:46 pm

EOG

EOG Resources's (NYSE:EOG) short percent of float has fallen 14.49% since its last report, with 6.88 million shares sold short, which is 1.18% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards EOG. Compared to its peers, EOG has less short interest as a percentage of float, with an average of 6.48%.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 1:45 pm

General Motors' (NYSE:GM) short percent of float has risen 9.61% since its last report, with 34.41 million shares sold short, which is 2.51% of all regular shares available for trading. It would take traders 3.35 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, GM's peer group average for short interest as a percentage of float is 11.05%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 1:45 pm

VMW

VMware's (NYSE:VMW) short percent of float has fallen 3.76% since its last report, with 4.69 million shares sold short, which is 1.79% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards VMware. Compared to its peers, VMware has less short interest, with an average of 5.23% for its peer group.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 1:45 pm

SNY

TVTX

Travere Therapeutics announced two-year confirmatory secondary endpoint results from its Phase 3 PROTECT Study of Filspari in IgA nephropathy versus Sanofi's Avapro. Filspari demonstrated long-term kidney function preservation and achieved a clinically meaningful difference in eGFR total and chronic slope versus irbesartan. The company plans to submit a supplemental New Drug Application in 1H 2024 for full approval in the U.S. TVTX shares are down 44.90% at $7.11.

Portfolio Pulse from Vandana Singh

September 21, 2023 | 1:42 pm

BTCUSD

ETHUSD

IMXUSD

TONUSD

Bitcoin and Ethereum traded lower following the U.S. Federal Reserve's decision to maintain the federal funds rate. The global crypto market cap fell to $1.06 trillion, recording a 24-hour decline of 1.4%. Immutable was the top gainer, while Toncoin was the biggest loser.

Portfolio Pulse from Lisa Levin

September 21, 2023 | 1:42 pm

CGC

Canopy Growth Corp (NASDAQ:CGC) shares are trading lower by 6.7% after the company filed for an offering of up to 45.9 million shares of common stock by the selling securityholders. The company will not receive proceeds from the sale of the shares but would receive approximately $31 million upon the full exercise of the warrants held by the selling securityholders. The proceeds will be used for general corporate purposes.

Portfolio Pulse from Henry Khederian

September 21, 2023 | 1:41 pm