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Stock Prices

LCID

Lucid Group Inc's (LCID) shares are trading lower by 3.38% to $7.00, in sympathy with Tesla Inc's reported Q2 earnings results. Tesla's Q2 revenue rose 47% YoY to $24.93 billion, surpassing the consensus estimate of $24.48 billion. LCID has a 52-week high of $21.78 and a 52-week low of $5.46.

Portfolio Pulse from Henry Khederian

July 20, 2023 | 2:52 pm

PSQH

PSQ Holdings, Inc. (PublicSq.) (NYSE:PSQH) shares are experiencing high volatility and heavy trading volume after the company commenced trading of its Class A common stock under the symbol PSQH. This follows the successful completion of a business combination with Colombier Acquisition Corp., which resulted in Colombier being renamed as PSQ Holdings, Inc. and its ticker symbol changing from CLBR to PSQH. The stock has been halted multiple times and is currently up more than 35%.

Portfolio Pulse from Erica Kollmann

July 20, 2023 | 2:51 pm

INTC

QQQ

Intel Corporation (NASDAQ:INTC) shares are trading lower by 1.5% potentially due to weakness in the Nasdaq-100 (NASDAQ:QQQ) and poor earnings results from peer chipmaker Taiwan Semiconductor Mfg. Co. Ltd. (TSM). Wolfe Research analyst Chris Caso initiated coverage on Intel with an Underperform rating and a price target of $27. Increased competition in the chip manufacturing space could affect Intel's market share and dominant position.

Portfolio Pulse from Henry Khederian

July 20, 2023 | 2:49 pm

FMNB

GEG

HWBK

MYFW

PFBC

The article lists five value stocks in the financial services sector, which are considered undervalued based on their price-to-earnings (P/E) multiples. The stocks are Preferred Bank (PFBC), First Western Financial (MYFW), Hawthorn Bancshares (HWBK), Farmers National Banc (FMNB), and Great Elm Group (GEG). The article also provides recent earnings per share and dividend yield data for these companies.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:48 pm

AMD

QQQ

TSM

Advanced Micro Devices, Inc. (AMD) shares are trading lower by 2.8% potentially due to weakness in the Nasdaq-100 (QQQ) and poor earnings results from Taiwan Semiconductor Mfg. Co. Ltd. (TSM), a key supplier for AMD. This could raise concerns about AMD's future chip supply and production costs, impacting their revenue and profitability outlook.

Portfolio Pulse from Henry Khederian

July 20, 2023 | 2:46 pm

EFX

Equifax has reported its Q2 financial results, which were followed by a cut in guidance below estimates. This has led to a decrease in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 2:46 pm

APD

Air Products & Chemicals's (NYSE:APD) short percent of float has fallen 14.46% since its last report, with 1.57 million shares sold short, which is 0.71% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. However, it does not necessarily mean that the stock price will rise in the near term. Compared to its peers, APD has less short interest as a percentage of float, with an average of 3.89%.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:45 pm

MDB

MongoDB's (NYSE:MDB) short percent of float has risen 3.85% since its last report, with 3.91 million shares sold short, which is 6.47% of all regular shares available for trading. This is higher than the average short interest of its peer group, which is 6.08%. Short interest can act as an indicator of market sentiment towards a stock.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:45 pm

FANG

Diamondback Energy's (NYSE:FANG) short percent of float has fallen 12.93% since its last report, with 4.39 million shares sold short, which is 2.76% of all regular shares available for trading. It would take traders 2.26 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 6.17% for its peer group.

Portfolio Pulse from Benzinga Insights

July 20, 2023 | 2:45 pm

GPC

Genuine Parts reported lower than expected Q2 sales results and issued FY23 guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 2:44 pm