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ADMP

Adamis Pharmaceuticals' shares have started trading on the REG SHO Threshold Security List.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:10 am

ADMP

Adamis Pharmaceuticals' shares have resumed trading after being halted on a circuit breaker. The stock is now up by 162.9%.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:10 am

BLMN

Bloomin' Brands reported Q2 FY23 sales growth of 2.4% YoY to $1.153 billion, in line with consensus. Adjusted EPS of $0.74 beat the analyst consensus of $0.63. The company reaffirmed its FY23 guidance and declared a quarterly cash dividend of $0.24 per share. Despite the positive results, BLMN shares are trading lower by 5.4%.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 9:10 am

KHC

Kraft Heinz's (NYSE:KHC) short percent of float has risen 8.72% since its last report, with 14.61 million shares sold short, which is 1.62% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a stock. However, compared to its peers, Kraft Heinz has less short interest as a percentage of float, which is 4.46% on average.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:09 am

AMAT

Applied Mat's (NYSE:AMAT) short percent of float has risen 26.11% since its last report, with 16.61 million shares sold short, which is 1.98% of all regular shares available for trading. It would take traders 3.12 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.82%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:09 am

KVUE

Kenvue's (NYSE:KVUE) short percent of float has decreased by 51.71% since its last report, with 5.32 million shares sold short, representing 2.68% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards Kenvue. Compared to its peers, Kenvue has less short interest as a percentage of float, with the average being 6.45%.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 9:09 am

ITW

Illinois Tool Works reported lower than expected Q2 revenue results and issued FY23 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:09 am

ABBV

JNJ

MO

SQ

The article discusses the concept of opportunity cost and hurdle rates in investment decisions. It emphasizes the importance of balancing risk and reward, and considering the minimum rate of return expected from an investment. The article mentions that with short-term U.S. Treasuries currently paying 5.45% at zero risk, investors should scrutinize their portfolios to ensure their investments can beat this rate. It specifically mentions that several big-name equities, including Johnson & Johnson (JNJ), AbbVie Inc. (ABBV), Altria Group, Inc. (MO), and Square, Inc. (SQ), have not met this mark.

Portfolio Pulse from Daniel Anderson

August 04, 2023 | 9:08 am

MRMD

MariMed Inc. (OTCQX:MRMD) has filed a lawsuit against Nevada cultivation company The Harvest Foundation LLC for license violations and mismanagement of $2.4M in stock. MariMed alleges that Harvest's owners were responsible for actions leading to the revocation of the company's licenses by the Nevada Cannabis Compliance Board (NCCB) in 2021. MariMed is seeking damages and the return of one million shares of MariMed stock issued to Harvest's owners as part of a sale agreement.

Portfolio Pulse from Joana Scopel

August 04, 2023 | 9:08 am

ON

ON Semiconductor Corp (NASDAQ:ON) reported upbeat Q2 earnings, leading to a rise in its share price. Analysts from Susquehanna, Mizuho Securities, Truist Securities, and Stifel have raised their price targets for the company. The positive results were primarily driven by growth in the Automotive and Industrial sectors, with Silicon Carbide (SiC) and Image Sensors playing a significant role. The company's strategic execution and long-term customer agreements were also highlighted.

Portfolio Pulse from Priya Nigam

August 04, 2023 | 9:08 am