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PEN

Penumbra's stock is trading higher after the company's presentation at the 2023 Wells Fargo Healthcare Conference.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 3:57 pm

EXPE

Expedia shares are trading lower due to concerns over potential further rate hikes that could slow the economy and impact travel demand. The recent US COVID wave may also be affecting travel sentiment.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 3:54 pm

AAPL

GDX

GOOGL

The article discusses the use of the Relative Strength Index (RSI) as a tool for analyzing market trends and predicting price inflection points. It provides examples of how RSI can be used to identify overbought and oversold conditions, bearish divergences, and trend phases. The author uses the VanEck Vectors Gold Miners ETF (GDX), Apple Inc. (AAPL), and Alphabet Inc. (GOOGL) as examples.

Portfolio Pulse from David Keller

September 07, 2023 | 3:49 pm

AKTS

Oppenheimer analyst Rick Schafer has maintained an 'Outperform' rating on Akoustis Technologies (NASDAQ:AKTS), but lowered the price target from $6 to $3.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 3:46 pm

AVTR

Avantor has seen a significant increase in the number of call options for November 17 at $22.5. The company is expected to release its earnings report on October 27 before the market opens.

Portfolio Pulse from Charles Gross

September 07, 2023 | 3:46 pm

SUM

Summit Materials, Inc. (NYSE:SUM) announced a combination with Argos North America Corp. (Argos USA) in a cash and stock transaction valued at $3.2 billion. The deal will create the fourth-largest cement platform in the U.S. and accelerate Summit's 'Elevate Summit' strategy. Cementos Argos will receive approximately $1.2 billion in cash and approximately 54.7 million shares of Summit stock. The combined company will continue to operate as Summit Materials and trade on the NYSE under the ticker symbol 'SUM'. Following the announcement, SUM shares are trading lower by 7.92% to $33.15.

Portfolio Pulse from Nabaparna Bhattacharya

September 07, 2023 | 3:45 pm

STZ

Constellation Brands's (NYSE:STZ) short percent of float has fallen 21.49% since its last report, with 1.67 million shares sold short, which is 0.95% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Constellation Brands has less short interest.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 3:45 pm

ET

Energy Transfer's (NYSE:ET) short percent of float has fallen 9.41% since its last report, indicating a more bullish sentiment towards the stock. The company has 51.51 million shares sold short, which is 1.83% of all regular shares available for trading. Compared to its peers, Energy Transfer has less short interest.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 3:45 pm

ADBE

Adobe's (NYSE:ADBE) short percent of float has decreased by 6.38% since its last report, with 4.00 million shares sold short, representing 0.88% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Adobe. Compared to its peers, Adobe has less short interest as a percentage of float, with an average of 3.47%.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 3:45 pm

LLY

Shares of Eli Lilly and Company (LLY) are trading higher as scientists are investigating the potential of weight loss drugs in the treatment of dementia and addiction.

Portfolio Pulse from Bill Haddad

September 07, 2023 | 3:41 pm