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KPLT

Katapult's board has approved a 1-for-25 reverse stock split of its common stock. The decision was approved by the company's stockholders at the Annual Meeting of Stockholders held virtually on June 6, 2023. The reverse stock split will become effective at 5:01 p.m. Eastern Time on July 27, 2023.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:48 pm

COTY

Kim Kardashian is reportedly in discussions to buy back her stake in her beauty business from Coty Inc. The details of the deal are not yet disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:38 pm

AIRN

Airspan Networks has received a notice of non-compliance from NYSE American. The company's common stock will continue to be listed on the NYSE American while the company evaluates its alternatives.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:36 pm

USO

The American Petroleum Institute (API) reported a crude oil inventory build of 3.026 million barrels for the week, compared to analysts' expectations of a 200,000 barrel build.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:34 pm

DIS

Star India, a subsidiary of Disney (DIS), is expected to see a 20% drop in overall revenue for the fiscal year ending September 2023, falling to less than $2 billion.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:33 pm

NFLX

Netflix Inc (NASDAQ:NFLX) is set to launch a new reality series called 'Zombieverse', a survival reality series set in Seoul, South Korea. The move is part of the company's strategy to grow its subscriber base and retain existing users. The company ended the first quarter with 232.5 million global paid subscribers. Netflix shares are currently trading at $437.16, up 147% in the last year and 48% year-to-date in 2023.

Portfolio Pulse from Chris Katje

July 11, 2023 | 8:31 pm

ZBH

Zimmer Biomet Holdings's (NYSE:ZBH) short percent of float has risen 27.17% since its last report, with 3.81 million shares sold short, which is 2.34% of all regular shares available for trading. It would take traders 2.49 days to cover their short positions on average. The company has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 3.38%.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 8:30 pm

KEYS

Keysight Techs's (NYSE:KEYS) short percent of float has fallen 8.18% since its last report, with 2.80 million shares sold short, which is 2.02% of all regular shares available for trading. It would take traders 3.54 days to cover their short positions on average. The company has less short interest than most of its peers, with an average of 6.81% for its peer group.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 8:30 pm

MCK

Over the past 5 years, McKesson (NYSE:MCK) has outperformed the market by 15.37% on an annualized basis, producing an average annual return of 25.0%. If an investor had bought $1000 of MCK stock 5 years ago, it would be worth $3,028.92 today.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 8:30 pm

NUE

Nucor's (NYSE:NUE) short percent of float has fallen 8.25% since its last report, with 5.48 million shares sold short, which is 2.89% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Nucor has less short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 8:30 pm