Streetbeat News

Stock Prices

GIS

General Mills's (NYSE:GIS) short percent of float has fallen 4.28% since its last report, indicating a more bullish sentiment towards the stock. The company has 14.25 million shares sold short, which is 2.46% of all regular shares available for trading. Compared to its peers, General Mills has less short interest, with an average of 4.31% for its peer group.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 2:15 pm

NKLA

Nikola Corporation has announced the appointment of a new Chief Operating Officer, which has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:14 pm

SPY

U.S. Treasury Secretary Janet Yellen stated that she sees no signs of an economic downturn, according to CNBC. This statement could influence investor sentiment and market trends.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:13 pm

MSFT

Microsoft Corp. (NASDAQ:MSFT) saw Sony's PlayStation price hike as an opportunity to win fans rather than follow suit with a similar Xbox price hike. This decision was influenced by Xbox's lagging sales and performance compared to PlayStation. The company's internal discussions revealed a focus on gamer-centric strategies and improvements in SSD performance and developer optimizations.

Portfolio Pulse from Rounak Jain

September 18, 2023 | 2:13 pm

LI

Investor Business Daily SwingTrader has reportedly sold its stock in Li Auto.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:11 pm

GPP

GPRE

Green Plains Partners LP (GPP) and Green Plains Inc. (GPRE) have entered a definitive merger agreement. The transaction, expected to close in 4Q23, will see GPP become a wholly-owned subsidiary of GPRE. The deal offers a 20% premium over the closing price of GPP's common units as of May 3, 2023. The merger aims to simplify the corporate structure, boost earnings, and align strategic interests.

Portfolio Pulse from Akanksha Bakshi

September 18, 2023 | 2:10 pm

STLD

Steel Dynamics, Inc. (NASDAQ:STLD) has issued a caution on its Q3 outlook, projecting lower EPS than consensus estimates. The company expects profitability of steel operations to decline due to lower realized flat rolled steel pricing. Earnings from metals recycling and steel fabrication operations are also expected to decrease. Despite this, the company has repurchased $920 million worth of shares and paid $202 million in dividends to shareholders during the year.

Portfolio Pulse from Akanksha Bakshi

September 18, 2023 | 2:10 pm

ESAB

Bank of America Securities has upgraded ESAB's stock from Neutral to Buy and increased its price target from $61 to $89. This has resulted in ESAB shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:07 pm

SSKN

Strata Skin Sciences shares are trading lower without any company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:06 pm

ELWS

Earlyworks shares are trading lower without any company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:05 pm