Streetbeat News

Stock Prices

CANO

ETON

TNGX

Several healthcare stocks experienced significant movement during Friday's intraday session. Tango Therapeutics, Eton Pharmaceuticals, X4 Pharmaceuticals, Apyx Medical, Apellis Pharmaceuticals, and MyMD Pharmaceuticals were among the gainers, with increases ranging from 17.64% to 20.2%. On the other hand, Cano Health, Yield10 Bioscience, Atreca, Inotiv, Science 37 Hldgs, and Kezar Life Sciences saw declines ranging from 24.88% to 72.7%. Most of these movements were associated with recent Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:31 pm

BURU

FATH

FWRD

HQI

INOD

PTRA

SLND

VLD

During Friday's intraday session, several industrial stocks experienced significant movement. Innodata (INOD), Proterra (PTRA), VCI Global (VCIG), Spire Global (SPIR), Team (TISI), and Knightscope (KSCP) saw gains, while Forward Air (FWRD), Southland Holdings (SLND), Nuburu (BURU), HireQuest (HQI), Fathom Digital Mfg (FATH), and Velo3D (VLD) experienced losses. Most of these companies recently released their Q2 earnings.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:31 pm

BTDR

MAXN

MIMO

RGTI

During Friday's intraday session, several information technology stocks experienced significant movements. Gainers included Airspan Networks Hldgs (AMEX:MIMO), Bitdeer Technologies (NASDAQ:BTDR), Rigetti Computing (NASDAQ:RGTI), MicroCloud Hologram (NASDAQ:HOLO), Evolv Technologies (NASDAQ:EVLV), and ICZOOM Group (NASDAQ:IZM). Losers included Maxeon Solar Technologies (NASDAQ:MAXN), One Stop Systems (NASDAQ:OSS), XIAO-I (NASDAQ:AIXI), AudioEye (NASDAQ:AEYE), Cepton (NASDAQ:CPTN), and Luna Innovations (NASDAQ:LUNA). Most of these movements were accompanied by high trading volumes and recent Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:31 pm

NVO

Novo Nordisk (NYSE:NVO) has outperformed the market over the past 10 years, producing an average annual return of 17.97%. If an investor had bought $100 of NVO stock 10 years ago, it would be worth $521.42 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:30 pm

URI

United Rentals (NYSE:URI) has outperformed the market over the past 5 years, producing an average annual return of 26.32%. If an investor had bought $100 of URI stock 5 years ago, it would be worth $328.15 today.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:30 pm

ETN

Eaton Corp's (NYSE:ETN) short percent of float has fallen 14.29% since its last report, with 4.07 million shares sold short, which is 1.02% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Eaton Corp. Compared to its peers, Eaton Corp has less short interest as a percentage of float, with an average of 11.10% for its peer group.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:15 pm

Estee Lauder Cos's (NYSE:EL) short percent of float has risen 25.64% since its last report, with 3.40 million shares sold short, which is 1.47% of all regular shares available for trading. This increase in short interest can indicate a bearish market sentiment towards the stock. However, compared to its peers, Estee Lauder has less short interest as a percentage of float, with an average of 6.84%.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:15 pm

JCI

Johnson Controls Intl's (NYSE:JCI) short percent of float has risen 9.52% since its last report, with 6.26 million shares sold short, which is 0.92% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Johnson Controls Intl's short interest as a percentage of float is less, with an average of 3.81%.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 5:15 pm

MPW

Medical Properties Trust Inc (MPW) has been downgraded by several analysts following weaker-than-expected Q2 FY23 results. The company reported Funds from operations (FFO) of $0.48, missing estimates of $0.70, and revenue of $337.39 million, also missing the consensus of $351.38 million. Analysts have expressed concerns over management, disclosure transparency, operator health, leverage, and dividend sustainability. MPW shares are currently trading lower by 2.70% at $7.91.

Portfolio Pulse from Lekha Gupta

August 11, 2023 | 5:12 pm

ACHR

STLA

UAL

Archer Aviation Inc (ACHR) has received a $215 million equity investment from Boeing Co (BA), Stellantis N.V. (STLA), and United Airlines Holdings Inc (UAL), increasing its total funding to over $1.1 billion. Archer also received FAA approval to begin flying its Midnight eVTOL aircraft and settled litigation with Boeing and Wisk Aero. The company is on track to deliver its first eVTOL aircraft to the Department of Defense. Archer's Q2 operating expense was $181.4 million and it expects Q3 operating expenses of $42 million - $52 million.

Portfolio Pulse from Shivani Kumaresan

August 11, 2023 | 5:10 pm