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Stock Prices

CON

Concentra Group's shares opened for trading at $22.03 per share, below the IPO price of $23.50 per share.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 4:40 pm

SFL

Shares of SFL Corporation Ltd. (NYSE:SFL) dropped significantly after the company announced a $100 million share offering, causing investor concerns about dilution. However, the stock may bounce back due to potential capitulation and support at the $11.60 level, which could lead to a bullish setup.

Portfolio Pulse from Mark Putrino

July 25, 2024 | 4:36 pm

GM

LEA

Lear Corporation (NYSE:LEA) reported strong Q2 earnings, beating EPS estimates but missing revenue expectations. The company introduced new products under its thermal comfort strategy and reached a tentative agreement with a union, allowing General Motors (NYSE:GM) to resume production. Despite reducing its FY24 net sales forecast, LEA shares are trading higher.

Portfolio Pulse from Nabaparna Bhattacharya

July 25, 2024 | 4:31 pm

NFLX

Netflix (NASDAQ:NFLX) has significantly outperformed the market over the past 20 years, delivering an average annual return of 31.36%. A $1000 investment in Netflix 20 years ago would be worth $223,333.33 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 4:30 pm

MCO

Moody's (NYSE:MCO) has significantly outperformed the market over the past 5 years, delivering an average annual return of 17.11%. A $1000 investment in MCO 5 years ago would now be worth $2,211.36. This highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 4:30 pm

SAVE

Spirit Airlines (NYSE:SAVE) has seen a 7.82% increase in its short percent of float, now at 29.24%. This indicates a bearish sentiment among investors, as it would take traders 6.16 days to cover their short positions. Spirit Airlines' short interest is significantly higher than its peers, whose average is 10.30%.

Portfolio Pulse from Benzinga Insights

July 25, 2024 | 4:30 pm

EVX

IDU

SRCL

WM

Waste Management, Inc. (NYSE:WM) shares are trading lower after reporting worse-than-expected Q2 financial results. Sales and adjusted EPS missed consensus estimates, despite revenue growth and margin expansion. The company reiterated its FY24 outlook and highlighted ongoing sustainability projects. WM recently agreed to acquire Stericycle, Inc. (NASDAQ:SRCL) for approximately $7.2 billion. Investors can gain exposure via VanEck Environmental Services ETF (NYSE:EVX) and IShares U.S. Utilities ETF (NYSE:IDU).

Portfolio Pulse from Lekha Gupta

July 25, 2024 | 4:22 pm

ORKT

Orangekloud Technology (ORKT) shares have resumed trading.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 4:16 pm

AURA

Aura Biosciences shares are trading higher after HC Wainwright & Co. initiated coverage on the stock with a Buy rating and a price target of $21.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 4:14 pm

KALU

Kaiser Aluminum shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 4:13 pm