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Stock Prices

SKX

Skechers USA (NYSE:SKX) has seen a 22.43% increase in its short percent of float, now at 3.93%. This is below the peer group average of 6.94%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 2:45 pm

KBH

KB Home (NYSE:KBH) has seen a 7.14% increase in its short percent of float, now at 12.6%, indicating a bearish sentiment compared to its peers with an average of 5.51%. This could signal potential volatility in the stock's price.

Portfolio Pulse from Benzinga Insights

September 04, 2024 | 2:45 pm

BIIB

Biogen Inc. announced positive topline results from the Phase 2/3 DEVOTE study, showing that a higher dose regimen of nusinersen (Spinraza) significantly improves motor function in infants with spinal muscular atrophy (SMA). The study met its primary endpoint and showed the higher dose regimen to be well tolerated. Biogen's stock saw a slight increase following the news.

Portfolio Pulse from Vandana Singh

September 04, 2024 | 2:43 pm

HUM

Humana shares are experiencing an uptick following the company's announcement of a new study focused on senior primary care.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:40 pm

BTCUSD

Glassnode's analysis reveals that while average Bitcoin investors remain profitable, short-term holders face significant risks due to unrealized losses. The spot price is 22% below the all-time high, and further market weakness is expected until it reclaims $62,400.

Portfolio Pulse from Khyathi Dalal

September 04, 2024 | 2:40 pm

BLCR

SONY

SROI

Sony Group Corporation (NYSE:SONY) is experiencing a decline in share price after announcing the discontinuation of its multiplayer shooter game, Concord, shortly after its launch. The game will go offline on September 6, 2024, with sales stopping immediately and full refunds offered to purchasers. This decision follows a recent price increase for the PlayStation 5 in Japan and the launch of a new Accessories app for Windows. Investors can access Sony stock through ETFs like BlackRock Large Cap Core ETF (NASDAQ:BLCR) and Calamos ETF Trust Calamos Antetokounmpo Global Sustainable Equities ETF (NYSE:SROI).

Portfolio Pulse from Lekha Gupta

September 04, 2024 | 2:39 pm

QQQ

SOXX

SPY

TLT

UUP

July job openings in the US fell to a three-year low, indicating a cooling labor market. This has led traders to increase bets on rate cuts. The S&P 500 remained flat, while tech and semiconductor stocks saw slight declines. Bond markets rallied, and the US dollar weakened.

Portfolio Pulse from Piero Cingari

September 04, 2024 | 2:36 pm

BTCUSD

DOGEUSD

ETHUSD

GTLB

The article covers a range of topics including a drop in Bitcoin, Ethereum, and Dogecoin prices due to increased liquidations, GitLab's share price surge, and a potential 15-20% drop in Bitcoin if the Fed cuts interest rates. It also discusses political developments, market trends, and various company news.

Portfolio Pulse from Akanksha Bakshi

September 04, 2024 | 2:35 pm

BFLY

Butterfly Network's shares are rising following the launch of its next-generation butterfly iQ3 in Europe, which offers advanced 3D imaging and enhanced portability across 16 countries.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:35 pm

BYRN

Byrna Technologies shares rose after the company announced preliminary Q3 financial results with revenue exceeding estimates.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 2:31 pm