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RDDT

Reddit Inc (NYSE:RDDT) shares increased after reporting strong Q1 results, surpassing expectations with $243 million in revenue and $10 million in EBITDA. Analysts from BofA Securities, Goldman Sachs, and Needham have updated their ratings and price targets, highlighting Reddit's robust business model, strong user growth, and advertising revenue increase. Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) was mentioned in relation to data deals contributing to Reddit's performance.

Portfolio Pulse from Priya Nigam

May 08, 2024 | 4:52 pm

FREY

FREYR Battery's stock price increased following the announcement of its Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 4:51 pm

VIGL

Vigil Neuroscience shares are trading higher following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 4:49 pm

MSGM

Motorsport Games' stock price increased following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 4:48 pm

CZOO

Cazoo shares are trading lower following the company's announcement that it may consider filing for administration or winding up if some of its units file for administration or liquidation.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 4:45 pm

TTWO

Take-Two Interactive (NYSE:TTWO) has seen a 3.04% increase in short interest since its last report, with 8.75 million shares sold short, representing 5.76% of its float. This indicates a bearish market sentiment, although it's not a definitive predictor of stock price movement. The company's short interest is higher than its peer group average of 3.49%.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 4:45 pm

AFG

American Financial Group's (NYSE:AFG) short interest has decreased by 9.26% since the last report, with 702 thousand shares sold short, representing 0.98% of its float. The current short interest suggests a bullish sentiment among investors, as it takes approximately 2.9 days to cover short positions. This trend is notable compared to its peers, where the average short interest as a percentage of float is 1.84%, indicating AFG has less short interest than most of its competitors.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 4:45 pm

GLOB

Globant's (NYSE:GLOB) short interest has decreased by 6.64%, with 890 thousand shares sold short, representing 2.11% of its float. This decrease suggests a more bullish sentiment among investors compared to its peers, where the average short interest is 2.85%. The coverage time for these short positions is approximately 2.53 days based on current trading volumes.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 4:45 pm

VST

Vistra shares are trading higher following the announcement of their Q1 earnings, indicating a positive market response to the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 4:40 pm

AZPN

Aspen Technology's shares have seen an increase following the announcement of their Q3 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 4:40 pm