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LHX

L3Harris Technologies (NYSE:LHX) has delivered an average annual return of 14.16% over the past 15 years, turning a $1000 investment into $7,080.98 today. The company's market capitalization stands at $39.06 billion.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 9:00 pm

VITL

Vital Farms (NASDAQ:VITL) received mixed analyst ratings over the past three months, with 4 bullish and 2 indifferent ratings. The average 12-month price target for VITL has been raised to $21.00, up 17.78% from the previous $17.83, with a high estimate of $26.00 and a low of $16.00. Analysts from firms including TD Cowen, DA Davidson, Lake Street, Stifel, and Goldman Sachs have raised their price targets, reflecting a positive outlook on the company's performance. Vital Farms, an ethical food company, has shown strong financial health with a 23.37% revenue growth rate, a net margin of 5.31%, and an ROE of 3.84%, outperforming industry averages.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 9:00 pm

CEAD

CEA Industries is actively evaluating merger and acquisition opportunities and other alternatives for its future. On April 9, the company received a notice from Nasdaq about the delisting of its shares of common stock and common stock warrants, which will take effect on April 18.

Portfolio Pulse from Charles Gross

April 10, 2024 | 8:57 pm

STNE

StoneCo (NYSE:STNE) has seen a 27.82% increase in short interest since its last report, with 13.15 million shares sold short, representing 4.64% of its float. This indicates a bearish market sentiment, although it has less short interest compared to its peers' average of 5.11%. The article suggests that an increase in short interest does not necessarily predict a stock price fall.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:45 pm

CADE

Cadence Bank's (NYSE:CADE) short interest has increased by 13.04% since the last report, with 6.91 million shares sold short, representing 3.9% of its float. It would take about 5.23 days to cover all short positions. This rise in short interest can indicate a bearish market sentiment towards CADE, although it has less short interest compared to its peers, with an average of 3.94% in the peer group.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:45 pm

WULF

TeraWulf (NYSE:WULF) has seen a 9.97% increase in short interest, with 37.69 million shares sold short, representing 16.54% of its float. This is significantly higher than its peer group average of 5.96%. The rise in short interest suggests a bearish market sentiment towards WULF, but it's also noted that an increase in short interest can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:45 pm

DIS

DKNG

NKE

PARA

The 88th Masters Tournament, featuring Tiger Woods among 89 golfers, will be broadcast by ESPN and CBS, with streaming on ESPN+ and Paramount+. Betting odds favor Scottie Scheffler, with DraftKings listing various odds for top contenders. Woods, with new TaylorMade partnership, faces long odds. Scheffler and Sam Burns, both with pregnant spouses, may withdraw, affecting bets. McIlroy aims for his first Masters win, recalling past winners and predicting his victory.

Portfolio Pulse from Chris Katje

April 10, 2024 | 8:42 pm

ALPN

VRTX

Alpine Immune Sciences' stock price increased following the announcement that Vertex Pharmaceuticals has agreed to acquire the company.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 8:39 pm

COST

Costco Wholesale Corporation (NASDAQ:COST) reported a 9.4% year-over-year increase in net sales for March, totaling $23.48 billion, and a 6.4% increase for the first 31 weeks of the year, reaching $146.64 billion. Comparable sales rose by 7.7%, with e-commerce sales surging 28.3%. The company also raised its quarterly dividend from $1.02 to $1.16 per share. Following the news, COST shares saw a slight increase in after-hours trading.

Portfolio Pulse from Adam Eckert

April 10, 2024 | 8:39 pm

EJH

NAAS

RENT

In Wednesday's after-market session, several consumer discretionary stocks showed notable movements. Rent the Runway (RENT) led the gainers with a 53.6% increase following their Q4 earnings release. Other gainers included Naas Technology (NAAS), Kaival Brands Innovations (KAVL), Dogness (DOGZ), Barnes & Noble Education (BNED), and Worksport (WKSP). On the losing side, E-Home Household Service (EJH), Lobo EV Technologies (LOBO), Cricut (CRCT), Allurion Technologies (ALUR), Mister Car Wash (MCW), and PLBY Group (PLBY) saw declines.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 8:31 pm