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TXT

Textron (NYSE:TXT) has outperformed the market over the past 15 years with an average annual return of 13.32%, surpassing the market by 1.36% annually. A $100 investment in Textron 15 years ago would be worth $689.17 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 5:30 pm

SOLUSD

Researcher Slorg highlighted that 30 celebrity meme coins launched on Solana in June have plummeted 94% on average. The best-performing coins are still down over 70%, and 50% of the coins have lost more than 99% of their value. The trend saw celebrities like Andrew Tate and Soulja Boy launching tokens, but most have failed to maintain their initial hype.

Portfolio Pulse from Khyathi Dalal

July 26, 2024 | 5:29 pm

NBY

NovaBay Pharmaceuticals (NBY) stock dropped 62% to $0.73 after announcing a public offering of 3,200,380 shares and accompanying warrants at a combined price of $1.10. The offering aims to raise $3.5 million, or $4.0 million if over-allotments are exercised, to redeem debentures and for corporate purposes. The stock is currently oversold with an RSI of 25.04.

Portfolio Pulse from Henry Khederian

July 26, 2024 | 5:26 pm

BFI

DXCM

SAIA

Saia, Inc. (NASDAQ:SAIA) shares fell 18.6% after reporting worse-than-expected Q2 earnings and sales. Other notable movers include BurgerFi International, Inc. (NASDAQ:BFI) up 117.4% after a legal settlement, and DexCom, Inc. (NASDAQ:DXCM) down 40.7% due to disappointing Q2 revenue and weak FY24 guidance.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 5:26 pm

IMAX

IMAX Corporation (NYSE:IMAX) reported better-than-expected Q2 results, with EPS of 18 cents beating the consensus estimate of 7 cents and sales of $88.96 million surpassing the $76.01 million estimate. Analysts have raised their price targets for IMAX following the strong performance.

Portfolio Pulse from Avi Kapoor

July 26, 2024 | 5:20 pm

SWK

Stanley Black & Decker shares are trading higher after the company announced it raised its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 5:16 pm

NBY

NovaBay Pharmaceuticals shares are trading lower after the company priced a public offering of 3.2M shares and warrants at $1.10 per share.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 5:15 pm

PEG

Public Service Enterprise (NYSE:PEG) has seen a 13.51% increase in short interest, with 8.03 million shares sold short, representing 2.1% of its float. This is lower than the peer group average of 3.06%. The increase in short interest could indicate bearish sentiment but does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 5:15 pm

CRH

CRH's short interest has risen by 7.75%, with 11.46 million shares sold short, representing 1.39% of its float. This is lower than the peer group average of 3.41%. Increased short interest can indicate bearish sentiment but doesn't necessarily predict a stock price decline.

Portfolio Pulse from Benzinga Insights

July 26, 2024 | 5:15 pm

GM

General Motors' self-driving unit, Cruise, aims to resume fully autonomous rides by the end of the year and start charging fares by early 2025. The company halted operations in October due to a pedestrian collision and has since replaced top management and improved safety standards. Despite significant losses, GM shares are trading slightly higher.

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2024 | 5:14 pm