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SE

Sea's (NYSE:SE) short interest has decreased by 16.12% since the last report, with 18.03 million shares sold short, representing 5.88% of its float. This decline in short interest could indicate a more bullish sentiment towards the stock, despite it having a higher short interest than its peer group average of 3.81%.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:00 pm

PFGC

Performance Food Group's (NYSE:PFGC) short interest has decreased by 54.27%, with 900 thousand shares sold short, representing 0.75% of its float. This decline in short interest could indicate a more bullish sentiment towards PFGC among investors. Compared to its peers, PFGC has a significantly lower short interest percentage of float, with an average of 4.65% among its peers, suggesting a stronger performance or sentiment relative to its industry counterparts.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:00 pm

PVH

PVH Corp's (NYSE:PVH) short interest has decreased by 10.89%, now representing 4.01% of its float with 1.74 million shares sold short. This decline in short interest suggests a more bullish sentiment among investors towards PVH. Compared to its peers, PVH has a lower short interest percentage, with the average for its peer group being 8.50%. Short interest is a key indicator of market sentiment, and a decrease often signals increasing investor confidence.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 5:00 pm

TAC

TransAlta shares are trading higher following the announcement of better-than-expected Q1 GAAP EPS results.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:59 pm

PENN

Craig-Hallum analyst Ryan Sigdahl maintains a Hold rating on PENN Entertainment (NASDAQ:PENN) and lowers the price target from $25 to $20.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:55 pm

SMFL

Trading of Smart For Life, Inc. (SMFL) shares resumed after a temporary halt due to a circuit breaker trigger. This action typically occurs in response to significant price movements, aiming to ensure market stability.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:52 pm

AAPL

AEON

OMI

SGBX

SPT

TNDM

UPLD

Nasdaq surged 2% with Apple posting upbeat Q2 results, announcing a $110-billion stock buyback and a dividend increase. Information technology shares led gains, while energy shares fell. Safe & Green Holdings, Upland Software, and Tandem Diabetes Care saw significant stock increases after positive financial results. Conversely, AEON Biopharma, Sprout Social, and Owens & Minor experienced substantial declines following disappointing outcomes.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 4:49 pm

XPEL

Craig-Hallum analyst Steve Dyer downgraded XPEL (NASDAQ:XPEL) from Buy to Hold and reduced the price target from $60 to $40.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:48 pm

ADNT

RFV

Adient Plc (NYSE:ADNT) shares fell after reporting Q2 earnings with EPS beating expectations but sales missing forecasts and declining year over year. The company also lowered its FY24 sales and adjusted EBITDA outlook due to challenges including slow launch ramps and softer electric vehicle production. Adient announced restructuring charges aimed at reducing operating costs, with full benefits expected by 2027.

Portfolio Pulse from Nabaparna Bhattacharya

May 03, 2024 | 4:47 pm

VRRM

Verra Mobility's shares surged following the announcement of their Q1 financial results, which exceeded expectations. Additionally, the company provided guidance for FY24, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:44 pm