Streetbeat News

Stock Prices

NTES

NetEase's (NYSE:NTES) short percent of float has risen 3.7% since its last report, with 3.59 million shares sold short, which is 0.56% of all regular shares available for trading. It would take traders 3.4 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. NetEase's peer group average for short interest as a percentage of float is 3.28%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 07, 2023 | 3:45 pm

AMC

AMC shares are trading higher due to recent theater attendance and strong box office performances from 'Oppenheimer' and 'Barbie.'

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 3:45 pm

MESO

Maxim Group has downgraded Mesoblast from Buy to Hold, leading to a decrease in the company's stock price.

Portfolio Pulse from Bill Haddad

August 07, 2023 | 3:42 pm

M

Morgan Stanley analyst Alexandra Walvis has maintained an Equal-Weight rating on Macy's (NYSE:M) and lowered the price target from $23 to $15.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 3:41 pm

BJDX

Trading of Bluejay Diagnostics shares has resumed.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 3:37 pm

DRTT

DIRTT Environmental shares are trading lower, following last week's strength.

Portfolio Pulse from Bill Haddad

August 07, 2023 | 3:36 pm

VTRS

Viatris Inc reported Q2 FY23 sales of $3.91 billion, up 2% on a divestiture-adjusted operational basis, slightly higher than the consensus of $3.89 billion. The company generated approximately $124 million in new product revenues in Q2, primarily driven by lenalidomide in the U.S. It reported an adjusted EPS of $0.75, better than the consensus of $0.71. The FDA accepted for review Viatris and Mapi Pharma's New Drug Application for GA Depot 40 mg, a therapy for multiple sclerosis. VTRS shares are up 7.32%.

Portfolio Pulse from Vandana Singh

August 07, 2023 | 3:36 pm

CHGG

Edtech company Chegg Inc has partnered with AI data infrastructure provider, Scale AI, to develop proprietary large language models (LLMs). The partnership aims to provide a generative experience through Chegg's personalized learning assistant, combining generative AI with Chegg's proprietary content. The initiative is expected to roll out over the next two semesters. Chegg's shares are trading lower by 0.33% at $10.45.

Portfolio Pulse from Shivani Kumaresan

August 07, 2023 | 3:35 pm

PSTX

Poseida Therapeutics has received a $50 million investment from Astellas Pharma, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

August 07, 2023 | 3:34 pm

BJDX

Shares of Bluejay Diagnostics (BJDX) were halted on a circuit breaker to the upside, with the stock up 22.6%.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 3:32 pm