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UNM

Unum Group (NYSE:UNM) has seen a 14.75% increase in its short interest, with 3.93 million shares sold short, representing 2.8% of its float. This is higher than its peers' average of 2.51%. The rise in short interest suggests bearish sentiment, but it could also present a bullish opportunity.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 2:00 pm

COIN

The article discusses recent analyst ratings for Coinbase Glb (NASDAQ:COIN), highlighting a range of opinions from bullish to bearish. Analysts have set a 12-month average price target of $261.69, with a high of $345.00 and a low of $169.00. The current average target has decreased by 1.65% from the previous average. The article also provides insights into Coinbase's financial performance, noting impressive revenue growth but challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 2:00 pm

BTCUSD

ETHUSD

INTC

SPY

Intel is considering selling its stake in Mobileye due to investor pressure, which has led to a decline in its stock price. This move is part of a broader strategy to address investor concerns and potentially refocus on its core business. Meanwhile, the US stock market is experiencing volatility with major indices like the Dow and S&P falling, influenced by upcoming jobs data and a surge in the VIX. Additionally, Bitcoin and Ethereum have seen price drops, while Dogecoin remains stable, amid a weak private employment report.

Portfolio Pulse from Akanksha Bakshi

September 06, 2024 | 1:59 pm

BLMZ

PL

WHLR

The Dow Jones index rose by 150 points as the U.S. economy added 142,000 jobs in August, with the unemployment rate falling to 4.2%. BloomZ Inc. shares surged 131% after a business agreement announcement, while Wheeler Real Estate Investment Trust shares rose 89% following a favorable court ruling. Planet Labs PBC shares fell 21% due to disappointing sales results.

Portfolio Pulse from Avi Kapoor

September 06, 2024 | 1:56 pm

ETHE

FBTC

GBTC

Bitcoin is nearing $55,000, but experts warn of a potential drop below $50,000 due to market indicators and significant outflows from Bitcoin and Ethereum ETFs. Notable outflows include Fidelity Wise Origin Bitcoin Fund and Grayscale Bitcoin Trust. Broader economic factors and on-chain data suggest a challenging market ahead.

Portfolio Pulse from Murtuza Merchant

September 06, 2024 | 1:52 pm

VCICU

The trading halt for an IPO security has been updated, and the security is now released for quotation as of 9:50:00 AM ET.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 1:50 pm

AVGO

SPY

The latest market summary from Benzinga highlights that nonfarm payrolls grew by less than expected, while the unemployment rate met expectations. Broadcom's stock fell following its earnings report.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 1:47 pm

COOP

Mr. Cooper Group (NYSE:COOP) has seen a 3.77% increase in short interest, with 1.46 million shares sold short, representing 3.3% of its float. This is below the peer group average of 8.63%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 1:45 pm

EME

EMCOR Group (NYSE:EME) has seen a 17.27% increase in short interest, with 1.05 million shares sold short, representing 2.92% of its float. This is below the peer group average of 5.11%. The rise in short interest may indicate bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 1:45 pm

FRPT

Freshpet's short interest has increased by 13.43%, with 12.5% of its float sold short. This is significantly higher than its peers' average of 3.78%. It would take 6.22 days to cover these positions based on current trading volume.

Portfolio Pulse from Benzinga Insights

September 06, 2024 | 1:45 pm