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KMX

CarMax shares are trading higher after a rebound from a drop that followed its Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 4:25 pm

EAT

Brinker International, Inc. (NYSE:EAT) shares rose in early trading on Friday following an upgrade from Stifel analyst Chris O'Cull. The analyst upgraded the rating from Hold to Buy and raised the price target from $38 to $45. The upgrade was based on the company's progress with Chili's turnaround efforts, which mirror successful strategies used by Olive Garden, Popeyes, and KFC. Despite a challenging consumer backdrop, Brinker International has potential for earnings upside and multiple expansion over the next 2-3 years.

Portfolio Pulse from Priya Nigam

September 29, 2023 | 4:20 pm

ABBV

AbbVie Inc's Phase 3 CANOVA study evaluating venetoclax plus dexamethasone for patients with t(11;14)-positive relapsed or refractory multiple myeloma did not demonstrate significant improvement in progression-free survival. Although patients receiving the treatment showed improvement in median PFS, the results did not reach statistical significance. Following the news, ABBV shares are down 1.81%.

Portfolio Pulse from Vandana Singh

September 29, 2023 | 4:18 pm

CCL

Carnival Corporation reported its Q3 financial results and issued guidance, following which its shares traded lower.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 4:16 pm

BK

Bank of New York Mellon's (NYSE:BK) short percent of float has risen 7.04% since its last report, with 5.93 million shares sold short, which is 0.76% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards a particular stock. However, compared to its peers, Bank of New York Mellon has less short interest.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 4:15 pm

C

Citigroup's short percent of float has risen 12.1% since its last report, with 26.70 million shares sold short, which is 1.39% of all regular shares available for trading. This increase in short interest can act as an indicator of market sentiment towards the stock. Compared to its peers, Citigroup has more short interest as a percentage of float, with an average of 0.83%.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 4:15 pm

MAR

Marriott Intl's (NYSE:MAR) short percent of float has fallen 9.21% since its last report, indicating a decrease in bearish sentiment. The company has 6.46 million shares sold short, which is 2.86% of all regular shares available for trading. Compared to its peers, Marriott has less short interest as a percentage of float, with the average being 6.61%.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 4:15 pm

USB

U.S. Bancorp has received a $55 million New Markets Tax Credit allocation from the U.S. Department of Treasury, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 29, 2023 | 4:13 pm

NKE

UA

UAA

Under Armour Inc's shares are trading higher by roughly 4.6% to $6.38. This increase is potentially due to Nike Inc's strong first-quarter financial results, as both companies compete in the athletic apparel and footwear market. Positive results from Nike may reflect favorably on Under Armour's brand perception and suggest robust market demand.

Portfolio Pulse from Henry Khederian

September 29, 2023 | 4:07 pm

MA

Mastercard has partnered with Mercedes-Benz to launch an in-car payments solution, allowing customers to make fuel payments directly from their cars. Despite this innovation, Mastercard's stock has seen a 6% decline. However, with a support level at $390, the stock has potential to surpass its previous all-time high if it can overcome the $400 level again. The year-to-date gains for the stock stand at 14%.

Portfolio Pulse from Zaheer Anwari

September 29, 2023 | 4:06 pm