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CYCC

Shares of Cyclacel Pharmaceuticals (CYCC) are trading lower amid above-average volume. There is no company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 3:27 pm

CANO

Cano Health's shares are trading higher on unusually high volume, despite no company-specific news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 3:26 pm

NCNC

PNAC

Prime Number Acquisition I Corp has completed its business combination with noco-noco Pte. Ltd. The combined company, nono-noco, will start trading under the symbol 'NCNC' on the Nasdaq on Monday. The shares of Prime Number Acquisition I Corp are currently trading lower.

Portfolio Pulse from Benzinga Newsdesk

August 25, 2023 | 3:19 pm

ULTA

Ulta Beauty Inc's shares dropped despite reporting a beat-and-raise quarter. Analysts from Telsey Advisory, Oppenheimer, and William Blair maintained an Outperform rating on the stock. The company's Q2 earnings were ahead of consensus estimates, driven by stronger topline growth and better-than-expected operating deleverage. However, gross margins were impacted by lower merchandise margins, higher inventory shrink, and higher supply chain costs. The company raised their full-year sales guidance by roughly 0.5% and EPS expectations by 1%.

Portfolio Pulse from Priya Nigam

August 25, 2023 | 3:16 pm

ACN

Accenture's (NYSE:ACN) short percent of float has fallen 6.09% since its last report, with 6.80 million shares sold short, which is 1.08% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Accenture. Compared to its peers, Accenture has less short interest as a percentage of float, with an average of 2.32%.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 3:15 pm

LRCX

Lam Research's (NYSE:LRCX) short percent of float has fallen 10.17% since its last report, with 2.80 million shares sold short, which is 2.12% of all regular shares available for trading. It would take traders 2.79 days to cover their short positions on average. Compared to its peers, Lam Research has less short interest as a percentage of float, with an average of 6.29%.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 3:15 pm

IQV

IQVIA Hldgs's (NYSE:IQV) short percent of float has risen 7.91% since its last report, with 2.40 million shares sold short, which is 1.5% of all regular shares available for trading. It would take traders 2.63 days to cover their short positions on average. The company's short interest is less than its peer group average of 4.74%.

Portfolio Pulse from Benzinga Insights

August 25, 2023 | 3:15 pm

AFRM

Affirm Holdings has seen a significant option alert for its Sep 29 $20 calls, with a sweep of 430 at $0.69, compared to an open interest of 27. The reference price is $16.96.

Portfolio Pulse from Charles Gross

August 25, 2023 | 3:13 pm

AFRM

Affirm Holdings has seen a significant option alert for September 29 $20 calls. A total of 400 contracts were traded at $0.69, compared to an open interest of 27. The reference price was $17.01.

Portfolio Pulse from Charles Gross

August 25, 2023 | 3:11 pm

LII

Lennox International Inc (NYSE:LII) has agreed to sell its Hyfra Process Cooling business unit to the Glen Dimplex Group. The deal, expected to close in Q4 2023, will allow Lennox to focus on its North American operations. The financial terms were not disclosed. LII shares are trading higher by 0.85% at $360.71.

Portfolio Pulse from Shivani Kumaresan

August 25, 2023 | 3:08 pm