Streetbeat News

Stock Prices

URI

United Rentals's (NYSE:URI) short percent of float has fallen 8.97% since its last report, indicating a more bullish sentiment towards the stock. The company has 2.45 million shares sold short, which is 4.06% of all regular shares available for trading. Compared to its peers, United Rentals has less short interest as a percentage of float, with an average of 5.18%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 2:30 pm

SHOP

Shopify (NYSE:SHOP) has outperformed the market over the past 5 years by 22.0% on an annualized basis, producing an average annual return of 31.98%. If an investor had bought $100 of SHOP stock 5 years ago, it would be worth $400.24 today.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 2:30 pm

MCO

Moody's (NYSE:MCO) short percent of float has fallen 19.08% since its last report, with 1.68 million shares sold short, which is 1.06% of all regular shares available for trading. It would take traders 2.27 days to cover their short positions on average. Moody's has less short interest than most of its peers, with the peer group average for short interest as a percentage of float being 4.36%.

Portfolio Pulse from Benzinga Insights

July 17, 2023 | 2:30 pm

YETI

KeyBanc Capital Markets analyst Noah Zatzkin has downgraded Yeti Holdings Inc (NYSE:YETI) from Sector Weight to Underweight, citing macro conditions, price action, intensifying competition, and high inventory levels as risks to its performance. Zatzkin also lowered the earnings estimates for fiscal 2023 and 2024. Yeti's shares were down 5.38% to $40.31 at the time of publication.

Portfolio Pulse from Priya Nigam

July 17, 2023 | 2:28 pm

EVGN

Evogene Ltd. (NASDAQ:EVGN) announced a registered direct offering of 8.5 million ordinary shares at a price of $1.00 per share, resulting in a 20% drop in its stock price. The offering, expected to close on July 19, 2023, is anticipated to generate gross proceeds of approximately $8.5 million. The funds will be used to develop product pipelines, enhance its computational predictive biology platform, and for working capital and general corporate purposes.

Portfolio Pulse from Vuk Zdinjak

July 17, 2023 | 2:28 pm

NRIX

Morgan Stanley has maintained an Equal-Weight rating on Nurix Therapeutics and raised its price target from $11 to $12. This has resulted in Nurix Therapeutics' shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:28 pm

BKI

ICE

Black Knight and Intercontinental Exchange have agreed to sell Black Knight's Optimal Blue business to a subsidiary of Constellation Software for $700 million. This has led to a rise in Black Knight's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:27 pm

AMPS

Morgan Stanley has maintained an Overweight rating on Altus Power's stock and increased its price target from $9 to $10. This has resulted in Altus Power's shares trading higher.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:27 pm

LEV

Lion Electric Company has entered into subscription agreements with investors for concurrent finance transactions, aiming to raise approximately $142 million. This has led to a rise in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:27 pm

STGW

Goldman Sachs has initiated coverage on Stagwell with a Buy rating and a price target of $12. This has led to an increase in Stagwell's stock price.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2023 | 2:27 pm