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GRRR

Gorilla Tech Gr's (NYSE:GRRR) short interest has significantly increased by 254.39% since the last report, with 581 thousand shares sold short, representing 8.47% of its float. This rise in short interest, which now exceeds the peer group average of 3.24%, indicates a more bearish market sentiment towards GRRR. However, an increase in short interest does not necessarily predict a near-term price decline.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 6:00 pm

STC

Stewart Information Servs (NYSE:STC) has received mixed analyst ratings in the last three months, with 3 somewhat bullish and 1 indifferent rating. The average 12-month price target is $73.25, reflecting a 10.15% increase from the previous $66.50. Analysts from Stephens & Co. and Keefe, Bruyette & Woods have adjusted their price targets, indicating changing sentiments towards STC's market performance. Despite facing challenges in revenue growth, net margin, and ROE, STC's debt management remains sound.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 6:00 pm

ZM

Zoom Video Communications (NYSE:ZM) has seen a 4.07% increase in its short percent of float since the last report, reaching 4.86% of all shares available for trading. With 12.67 million shares sold short, it would take about 6.52 days for traders to cover their short positions. This rise in short interest indicates a more bearish market sentiment towards ZM, although it's not a definitive predictor of stock price movement. Compared to its peers, ZM has a higher short interest, suggesting more bearish sentiment among investors relative to similar companies.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 6:00 pm

LRCX

Lam Research Corporation (NASDAQ:LRCX) reported fiscal third quarter results surpassing expectations with revenues of $3.8 billion and earnings of $7.79 per share. Analysts from Mizuho Securities, Raymond James, Needham, and KeyBanc provided positive outlooks, citing good performance, healthy demand from China, and a strong future growth potential, especially in 2025 driven by NAND recovery and technology inflections. The company's shares rose by 2.44% to $906.47 following the announcement.

Portfolio Pulse from Priya Nigam

April 25, 2024 | 5:57 pm

BRFH

CAT

CSSE

EJH

SGBX

Caterpillar Inc. shares fell by 6.6% after missing revenue estimates for Q1 fiscal 2024, despite beating EPS expectations. Other stocks experienced significant movements, with notable gainers including Barfresh Food Group and Safe & Green Holdings, and losers like E-Home Household Service Holdings and Chicken Soup for the Soul Entertainment.

Portfolio Pulse from Avi Kapoor

April 25, 2024 | 5:57 pm

TECK

Teck Resources shares are trading higher despite reporting earnings for Q1 that missed market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 5:54 pm

NOC

Northrop Grumman's shares surged following the announcement of their Q1 earnings per share (EPS) and sales, which exceeded analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 5:53 pm

BNTX

GSK

PFE

GSK Plc has filed a lawsuit against Pfizer Inc and BioNTech SE in a Delaware federal court, alleging patent infringement over mRNA technology used in COVID-19 vaccines. GSK claims Pfizer and BioNTech's Comirnaty vaccines infringe on its patents, seeking unspecified damages and ongoing licensing fees. Pfizer and BioNTech are set to defend their intellectual property, while GSK is open to licensing the patents. This legal battle is part of a series involving Pfizer, BioNTech, and Moderna over vaccine technology patents. Additionally, GSK previously sued Pfizer over its RSV vaccine, alleging infringement on its patents. Stock prices for PFE, GSK, and BNTX have been affected, with PFE down 3.48%, GSK down 0.09%, and BNTX down 1.50%.

Portfolio Pulse from Vandana Singh

April 25, 2024 | 5:51 pm

KMI

Kinder Morgan's (NYSE:KMI) short interest has increased by 29.38% since the last report, with 44.29 million shares sold short, representing 2.29% of its float. It would take about 3.31 days to cover all short positions. This rise in short interest can indicate a bearish market sentiment towards KMI, although it has less short interest compared to its peers' average of 3.92%. The increase in short interest doesn't necessarily predict a price drop but signals increased shorting activity.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 5:45 pm

LMND

Lemonade (NYSE:LMND) has seen a 4.5% increase in its short percent of float since the last report, with 16.66 million shares sold short, representing 32.71% of its available trading shares. This high level of short interest, compared to its peer group average of 4.49%, indicates a bearish market sentiment towards LMND, despite the potential for a bullish outcome from increasing short interest.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 5:45 pm