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DRMA

Dermata Therapeutics (NYSE:DRMA) has seen a significant rise in short interest, with a 141.25% increase since its last report. The company now has 52 thousand shares sold short, representing 9.65% of its float. This is higher than the peer group average of 9.44%. The increase in short interest could indicate bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 8:00 pm

KTOS

Kratos Defense & Security (NYSE:KTOS) has seen a 13.9% increase in its short percent of float, now at 2.13% of all regular shares available for trading. This is lower than the peer group average of 5.89%. The rise in short interest could indicate bearish sentiment, but it doesn't necessarily mean the stock will fall in the near term.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 8:00 pm

MODG

Topgolf Callaway Brands is conducting a strategic review of Topgolf, considering both organic and inorganic alternatives, including a potential spin-off. The review aims to maximize long-term shareholder value amid disappointing stock and same venue sales performance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 7:58 pm

HOOD

Robinhood Markets Inc (NASDAQ:HOOD) shares are in focus ahead of their Q2 earnings report. Analysts expect earnings of 15 cents per share and revenue of $643.336 million. Last quarter, Robinhood beat estimates with earnings of 18 cents per share and a 40% YoY revenue increase to $618 million. The company saw significant growth in Gold subscribers and net deposits. Several analysts have recently adjusted their ratings and price targets for Robinhood.

Portfolio Pulse from Adam Eckert

August 07, 2024 | 7:55 pm

MODG

Topgolf Callaway Brands shares are trading lower following an apparent early release of Q2 earnings, which showed soft revenue guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 7:53 pm

AAPL

GOOG

INTC

MSFT

NVDA

Intel Corp (NASDAQ:INTC) plans to lay off around 19,000 employees as part of a cost-reduction strategy, which includes reducing operating expenses and capital expenditures by over $10 billion by 2025. The article compares Intel's salary offers to those of other tech giants like Nvidia, Microsoft, OpenAI, Apple, and Alphabet.

Portfolio Pulse from Adam Eckert

August 07, 2024 | 7:51 pm

MODG

Topgolf Callaway Brands shares have been halted pending news related to a code. This could indicate significant upcoming information that may impact the stock price.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 7:48 pm

ADI

High-rolling investors have positioned themselves bearish on Analog Devices (NASDAQ:ADI), with significant options activity indicating potential insider information. The sentiment is predominantly bearish, with 62% of the trades reflecting this outlook. The stock is currently trading at $210.08, up by 2.54%, and analysts have set a target price of $250. Earnings are expected in 14 days.

Portfolio Pulse from Benzinga Insights

August 07, 2024 | 7:46 pm

NFLX

Netflix Inc. (NASDAQ:NFLX) is bringing 'Stranger Things: The First Shadow' to Broadway, with previews starting on March 28, 2025, and the official opening in April. This move continues Netflix's expansion into stage productions, following the success of its London run and other plays like 'Patriots.'

Portfolio Pulse from Chris Katje

August 07, 2024 | 7:45 pm

BCYC

Bicycle Therapeutics shares are trading lower after B. Riley Securities downgraded the stock from Buy to Neutral and lowered its price target from $33 to $28.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 7:41 pm