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ZIM

ZIM Integrated Shipping (NYSE:ZIM) has seen a 24.52% increase in its short percent of float, now at 17.01%. This is significantly higher than its peers' average of 2.50%. The high short interest could indicate bearish sentiment, but it might also present a bullish opportunity if the stock price rises.

Portfolio Pulse from Benzinga Insights

September 13, 2024 | 4:30 pm

GOOG

GOOGL

Alphabet Inc. (GOOGL, GOOG) is in bear market territory, down 35% from its highs. The stock is trading below key moving averages, indicating a bearish trend. Regulatory scrutiny and high AI spending contribute to investor anxiety. Despite this, Alphabet's strong balance sheet and growth potential suggest a possible long-term rebound.

Portfolio Pulse from Surbhi Jain

September 13, 2024 | 4:28 pm

BA

Boeing's CFO, at Morgan Stanley's 12th Annual Laguna Conference 2024, refrained from commenting on achieving production rate 38 by year-end, citing the uncertainty due to the duration of an ongoing strike.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:26 pm

RH

RH (NYSE:RH) shares rose after the company reported better-than-expected Q2 results and projected Q3 revenue growth. CEO Gary Friedman highlighted new product lines and platform expansion as growth drivers. Analysts raised price targets, contributing to the stock's positive momentum.

Portfolio Pulse from Erica Kollmann

September 13, 2024 | 4:25 pm

SMX

SMX (Security Matters) shares have resumed trading, which could lead to increased investor interest and potential stock price movements.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:25 pm

SMX

SMX (Security Matters) shares were halted due to a circuit breaker as the stock surged by 133.1%.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:22 pm

ZBIO

Zenas BioPharma's IPO shares opened for trading at $18.35 per share, above the IPO price of $17 per share, with a total of 13,235,294 shares offered.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:20 pm

EWJ

Japan's PM hopeful Takaichi stated that it is not the right time for the Bank of Japan to raise interest rates. This suggests a continuation of the current monetary policy, which may impact Japanese equities and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:17 pm

AFCG

IIPR

Innovative Industrial Properties Inc (IIPR) and AFC Gamma (AFCG) have announced their Q3 2024 dividends. IIPR declared a $1.90 dividend per share, marking its 30th consecutive quarterly dividend, while AFCG announced a $0.33 dividend per share, its first post-spin-off. Both companies play significant roles in financing the U.S. cannabis market.

Portfolio Pulse from Javier Hasse

September 13, 2024 | 4:16 pm

CTAS

Barclays analyst Manav Patnaik maintains an Overweight rating on Cintas (NASDAQ:CTAS) and adjusts the price target to $210 from $850 due to a 4:1 forward stock split.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 4:16 pm