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VRCA

Analysts have provided bullish ratings for Verrica Pharmaceuticals (NASDAQ:VRCA) in the last quarter, with 4 bullish and 1 somewhat bullish ratings. The average 12-month price target for the company is $11.4, which has increased by 3.64% over the past month.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 4:00 pm

EMR

Emerson Electric's (NYSE:EMR) short percent of float has risen by 5.0% since its last report, with 5.99 million shares sold short, which is 1.05% 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, Emerson Electric has less short interest, with an average of 11.10% for its peer group.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 4:00 pm

ABT

Abbott Laboratories' (NYSE:ABT) short percent of float has risen 9.38% since its last report, with 12.05 million shares sold short, which is 0.7% 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, Abbott Laboratories has less short interest as a percentage of float, which is 3.25% on average.

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 4:00 pm

ARKK

IBB

IGV

QQQ

XLY

The disinflationary trend continued in July, with the annual CPI inflation rate slightly increasing from 3% to 3.2%, lower than the expected 3.3%. This led to a fall in core inflation to 4.7% YoY, below the anticipated 4.8%. As a result, traders updated their expectations for future interest rates, with over 90% probability assigned to rates remaining on hold in September. This shift in rate expectations revitalized the markets and risk assets. Five ETFs rallied after the CPI data release: Invesco QQQ Trust, ARK Innovation ETF, Consumer Discretionary Select Sector SPDR Fund, iShares Biotechnology ETF, and iShares Expanded Tech-Software Sector ETF.

Portfolio Pulse from Piero Cingari

August 10, 2023 | 3:58 pm

DNUT

Krispy Kreme reported worse-than-expected Q2 sales results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:55 pm

ENS

EnerSys reported mixed Q1 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:54 pm

VIRI

Virios Therapeutics reported worse-than-expected Q2 earnings per share (EPS) results, leading to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:54 pm

ALRM

Alarm.com reported better-than-expected Q2 financial results and issued guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:54 pm

AKU

Akumin reported a year-over-year decrease in Q2 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:53 pm

EDBL

Edible Garden AG Incorporated (NASDAQ:EDBL) reported better-than-expected Q2 financial results, with losses of 24 cents per share, beating the analyst consensus estimate by 73.33%, and sales of $4.22 million, beating the consensus estimate by 15.33%. The company's shares are trading higher on heavy trading volume, with more than 63.5 million shares traded in the session.

Portfolio Pulse from Erica Kollmann

August 10, 2023 | 3:53 pm