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HOOD

Robinhood Markets shares are trading higher without any company-specific news.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 5:16 pm

U

Unity Software shares are trading higher without any apparent news to justify the price action.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 5:15 pm

NWG

NatWest Group's (NYSE:NWG) short percent of float has risen 12.5% since its last report, with 3.98 million shares sold short, which is 0.09% of all regular shares available for trading. It would take traders 3.44 days to cover their short positions on average. The company's short interest is less than its peer group average of 1.02%.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:15 pm

MCD

McDonald's (NYSE:MCD) has seen a 17.57% rise in short percent of float since its last report, with 6.36 million shares sold short, representing 0.87% of all regular shares available for trading. This increase in short interest could indicate a bearish market sentiment towards McDonald's. However, compared to its peers, McDonald's has less short interest with an average of 9.55% for its peer group.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:15 pm

TJX

TJX Companies's short percent of float has fallen 8.7% since its last report, with 7.23 million shares sold short, which is 0.63% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards TJX. Compared to its peers, TJX has less short interest, with an average of 17.22% for its peer group.

Portfolio Pulse from Benzinga Insights

July 11, 2023 | 5:15 pm

SNAP

Snap Inc (NYSE:SNAP) shares are trading higher by 9.59% to $12.91, despite a lack of company-specific news. The stock is seeing strength as major indices are also higher ahead of Wednesday's June inflation data report. The June CPI inflation report is eagerly anticipated as it could influence the Fed's future policy decisions. Investors are closely monitoring economic indicators like inflation as they can provide insights into the future direction of interest rates, monetary policy and overall economic health.

Portfolio Pulse from Henry Khederian

July 11, 2023 | 5:13 pm

HOOD

Robinhood Markets, Inc (NASDAQ:HOOD) stock surged over 7% on Tuesday, following a 4% increase on Monday. The spike was attributed to a Market Perform rating and a maintained $25 price target by JJMP Securities analyst Devin Ryan. The stock has been trading on higher-than-average volume, indicating a strong interest and positive sentiment. The stock is currently in an uptrend, having risen over 43% since May 17.

Portfolio Pulse from Melanie Schaffer

July 11, 2023 | 5:12 pm

PCOR

Procore Technologies' stock has been upgraded from Sector Perform to Sector Outperform by Scotiabank, which also announced an $81 price target for the stock.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 5:12 pm

RICK

RCI Hospitality reported lower 3Q23 club and restaurant sales, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 5:10 pm

RVPH

An option alert has been issued for Reviva Pharmaceuticals, with October 20 $5 calls seeing a sweep near the ask price. The volume of 633 is compared to an open interest of 5626. The company's earnings are expected to be announced after close on August 14. The reference price is $4.99.

Portfolio Pulse from Charles Gross

July 11, 2023 | 5:08 pm