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LAD

Lithia Motors' shares are trading higher after the company reported strong Q2 results.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 4:46 pm

MMSI

Merit Medical Systems has issued its FY23 EPS guidance, which is lower than the estimates. This has led to a decrease in the company's share prices.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 4:45 pm

FAST

Fastenal's (NYSE:FAST) short percent of float has risen 5.46% since its last report, with 15.45 million shares sold short, which is 3.09% of all regular shares available for trading. It would take traders 3.96 days to cover their short positions on average. Fastenal's peer group average for short interest as a percentage of float is 5.20%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 4:45 pm

RMD

ResMed's (NYSE:RMD) short percent of float has risen 11.96% since its last report, with 1.33 million shares sold short, which is 1.03% of all regular shares available for trading. It would take traders 2.34 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. However, ResMed's peer group average for short interest as a percentage of float is 3.21%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 4:45 pm

IBM

IBM's short percent of float has decreased by 4.73% since its last report, with 25.61 million shares sold short, representing 2.82% of all regular shares available for trading. This decrease in short interest could indicate a more bullish market sentiment towards IBM. Compared to its peers, IBM has less short interest as a percentage of float, with an average of 4.48%.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 4:45 pm

LIVN

LivaNova's shares are trading higher following the company's strong Q2 results and an upgraded financial outlook.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 4:45 pm

ALLE

Allegion's shares are trading lower after the company reported mixed Q2 results.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 4:44 pm

CSGP

CoStar Group has issued a soft Q3 guidance, leading to a decrease in its share prices.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 4:43 pm

TXN

Texas Instruments Inc (NASDAQ:TXN) shares dropped after the company reported Q2 results. Analysts from Susquehanna, BMO Capital Markets, Oppenheimer, and KeyBanc Capital Markets provided their insights. While Q2 results were better due to strong auto chip sales, Q3 is expected to be flat. Analysts noted potential gross margin weakness and sluggish end-markets, except for auto. The company's shares declined by 5.30% to $176.21.

Portfolio Pulse from Priya Nigam

July 26, 2023 | 4:40 pm

ODFL

Old Dominion Freight Line reported mixed Q2 results and announced a new repurchase program, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 4:38 pm