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Stock Prices

VLY

Valley National Bancorp's stock has been downgraded from Outperform to Market Perform by Hovde Group, which also set a price target of $11. This has led to a decrease in the trading price of the shares.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:39 am

DTM

DT Midstream reported lower Q2 adjusted EPS results, leading to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:39 am

KTOS

Zacks Surprise Trader has reportedly purchased stock in Kratos Defense & Security Solutions (KTOS).

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:39 am

SCHW

Charles Schwab's (NYSE:SCHW) short percent of float has risen 10.14% since its last report, with 27.09 million shares sold short, which is 1.63% of all regular shares available for trading. It would take traders 2.92 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, Charles Schwab's peer group average for short interest as a percentage of float is 4.04%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:39 am

UL

Unilever's (NYSE:UL) short percent of float has fallen 33.33% since its last report, with 3.14 million shares sold short, which is 0.12% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Unilever. Compared to its peers, Unilever has less short interest as a percentage of float, with an average of 6.57%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:39 am

CVI

CVR Energy reported better-than-expected Q2 earnings per share (EPS) results, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:39 am

LOW

The short percent of float for Lowe's Companies (NYSE:LOW) has decreased by 7.91% since its last report, with 9.56 million shares sold short, representing 1.63% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Lowe's. Compared to its peers, Lowe's has less short interest, with the peer group average at 17.09%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:39 am

MA

TSLA

The article discusses three options strategies that can be used during earnings season to profit from market volatility: calendar spreads, butterfly spreads, and broken wing butterfly spreads. It provides examples of successful trades using these strategies, including a MasterCard (NYSE:MA) calendar spread that yielded a 45% profit and a Tesla (NASDAQ:TSLA) broken wing butterfly trade that earned a 420% profit.

Portfolio Pulse from Sandra Stone

August 04, 2023 | 9:39 am

UBER

Uber Technologies Inc. reported its Q2 results, missing the consensus revenue estimate of $9.32 billion with a reported revenue of $9.23 billion. However, the company reported its first GAAP operating profit and its highest free cash flow of $1.1 billion. CEO Dara Khosrowshahi stated that the company plans to be profitable every quarter going forward.

Portfolio Pulse from Adam Eckert

August 04, 2023 | 9:39 am

CEQP

Crestwood Equity Partners LP (CEQP) reported Q2 FY23 revenues of $1.02 billion, missing the consensus of $1.19 billion. The company's EPS of $1.16 beat the estimate of $0.26. However, adjusted EBITDA declined 2% Y/Y to $176 million. CEQP now expects FY23 adjusted EBITDA to be towards the lower half of the previously guided range of $780 million to $860 million. CEQP shares are trading lower by 4.57% at $27.80.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 9:38 am