Streetbeat News

Stock Prices

CPRT

Copart's short interest has increased by 14.73%, with 11.53 million shares sold short, representing 1.48% of its float. This is lower than the peer group average of 4.34%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 4:30 pm

CSCO

Cisco Systems (NYSE:CSCO) has seen a 15.5% increase in short interest, with 60.19 million shares sold short, representing 1.49% of its float. This is lower than the peer group average of 7.42%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 4:30 pm

JBDI

JBDI Holdings shares have been halted due to a circuit breaker after experiencing a significant drop of 67.3%.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:29 pm

BLDR

GRBK

MHO

TOL

Homebuilder stocks, including Builders First Source, are rising due to expected Fed rate cuts, declining mortgage rates, and Kamala Harris's homeownership plan. Builders First Source received an upgraded rating from Truist Securities, boosting its stock price.

Portfolio Pulse from Michael Juliano

September 16, 2024 | 4:19 pm

ASND

Ascendis Pharma's investigational drug TransCon CNP shows promising results in a trial for treating achondroplasia, a form of dwarfism. The drug demonstrated superior growth velocity in children compared to placebo and showed a good safety profile. Ascendis plans to submit an FDA application in early 2025.

Portfolio Pulse from Vandana Singh

September 16, 2024 | 4:18 pm

GFR

Greenfire Resources shares have resumed trading after a halt. The resumption of trading could indicate a resolution of any issues that led to the halt, potentially impacting investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:16 pm

GFR

Greenfire Resources shares were halted due to a circuit breaker after a significant price increase, with the stock rising by 11.1%.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:16 pm

PIPR

Piper Sandler's short interest has increased by 7.5%, with 3.44% of its shares sold short, indicating a bearish sentiment. This is higher than the peer group average of 3.27%.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 4:15 pm

DJT

Ryan Wesley Routh has been charged with federal gun crimes related to an attempted assassination of former President Donald Trump. The incident has led to increased calls for security for Trump. Shares of Trump Media & Technology Group (NASDAQ:DJT) experienced volatility, initially rising but then falling by 4% amid the news.

Portfolio Pulse from Chris Katje

September 16, 2024 | 4:15 pm

XPO

XPO's short interest has increased by 16.5%, with 7.09 million shares sold short, representing 6.99% of its float. This is higher than its peers' average of 4.36%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 16, 2024 | 4:15 pm