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TEVA

Bank of America Securities has maintained a Buy rating on Teva Pharmaceutical Industries Ltd. This has resulted in a rise in Teva's stock prices.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 7:17 pm

WFC

Wells Fargo's (NYSE:WFC) short percent of float has fallen 3.61% since its last report, with 29.30 million shares sold short, which is 0.8% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Wells Fargo has less short interest as a percentage of float, with the average being 0.85%.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:15 pm

DG

Dollar Gen's (NYSE:DG) short percent of float has fallen 3.55% since its last report, with 4.15 million shares sold short, which is 1.9% of all regular shares available for trading. It would take traders 2.81 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 3.11%.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:15 pm

BKR

Baker Hughes's (NYSE:BKR) short percent of float has fallen 6.3% since its last report, with 14.91 million shares sold short, which is 2.23% of all regular shares available for trading. It would take traders 2.84 days to cover their short positions on average. Compared to its peers, Baker Hughes has less short interest as a percentage of float, with an average of 5.53%.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:15 pm

AMC

AMC shares are trading lower following the company's announcement of an equity distribution agreement for up to 40 million shares at an at-the-market program.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 7:09 pm

BILI

Bilibili shares are trading lower due to overall China volatility.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 7:06 pm

BLK

NMR

SCGLY

Nomura's cryptocurrency unit, Laser Digital, is expected to take longer to reach profitability due to factors such as shrinking volumes, narrowing activity, and changing regulatory needs. The crypto market's recent downturn, marked by the FTX collapse, has also impacted the unit's performance. Despite these challenges, CEO Jez Mohideen remains optimistic about the future of the crypto space, citing increased interest from large financial institutions.

Portfolio Pulse from Khyathi Dalal

September 08, 2023 | 7:02 pm

REGN

A significant number of investors have taken a bearish stance on Regeneron Pharmaceuticals (NASDAQ:REGN), with 70% of detected trades showing bearish expectations. The targeted price range for REGN over the last 3 months is $560.0 to $960.0. The current price of REGN is up 1.0% at $833.48. Major financial institutions such as Wells Fargo, Oppenheimer, Barclays, RBC Capital, and BMO Capital have maintained positive ratings on REGN, with price targets ranging from $830 to $1050.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:01 pm

NFLX

A significant amount of unusual options activity has been observed for Netflix (NASDAQ:NFLX), with a majority of investors taking a bearish stance. The price range targeted by these investors over the last three months is between $200 and $590. The current price of NFLX is $443.11, down by 0.01%. Truist Securities maintains a Hold rating on Netflix with a price target of $485, while Oppenheimer and Loop Capital have price targets of $515 and $500 respectively.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:01 pm

MPC

A large bearish position has been taken on Marathon Petroleum (NYSE:MPC), as noticed by Benzinga's options scanner. The overall sentiment of these big-money traders is split between 37% bullish and 62% bearish. Whales have been targeting a price range from $100.0 to $170.0 for Marathon Petroleum over the last 3 months. The price of MPC is up 2.64% at $154.88, with RSI indicators hinting that the stock may be approaching overbought.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 7:01 pm