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LICY

Li-Cycle Holdings (NYSE:LICY) has seen a 12.54% increase in short percent of float since its last report, with 15.33 million shares sold short, representing 12.83% of available shares. This indicates a bearish market sentiment towards LICY, although it doesn't necessarily predict a price drop. Compared to its peers, LICY has a significantly higher short interest, suggesting more bearish sentiment than its peers.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:15 pm

AL

Air Lease's (NYSE:AL) short interest has decreased by 18.23% since the last report, with 1.63 million shares sold short, representing 1.57% of its float. This decline in short interest, which now stands below the peer group average of 3.92%, could indicate a more bullish sentiment towards AL. However, this does not guarantee a near-term price rise. Short interest is a critical market sentiment indicator, and its decrease suggests fewer traders are betting against the stock.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:15 pm

SP

SP Plus (NYSE:SP) has seen a 12.5% decrease in short interest, now at 1.09 million shares or 5.6% of float, taking 6.2 days on average to cover. This decline in short interest may indicate a more bullish sentiment towards SP Plus compared to its peers, where the average short interest is 3.08% of float.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 2:15 pm

PUK

Prudential's shares declined following the announcement of FY 2023 revenues and earnings that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:13 pm

PUK

Prudential (NYSE:PUK) reported FY 2023 GAAP EPS of $0.62, missing the $0.75 estimate, and sales of $9.371B, missing the $27.360B estimate. This represents a 9.62% increase in sales over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:12 pm

EQIX

Equinix shares have dropped in response to a short report published by Hindenburg Research.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:11 pm

TRUG

TruGolf Holdings Inc (NASDAQ:TRUG) stock surged 52% to $1.75 after announcing a partnership with AI firm mlSpatial to enhance its APOGEE launch monitor. The collaboration involves integrating an advanced AI engine and gives TruGolf an option to acquire mlSpatial's assets in the future.

Portfolio Pulse from Henry Khederian

March 20, 2024 | 2:11 pm

WW

WW International saw significant options activity with a sweep of 36 contracts for Mar 28 $2.5 calls near the ask price, totaling 4476 contracts at $0.2 each versus an open interest of 642. The company is expected to report earnings on May 2 after the market closes, with the reference stock price at $2.325.

Portfolio Pulse from Charles Gross

March 20, 2024 | 2:10 pm

ALAB

Trading for the IPO security of ALAB was halted but has now resumed as of 10:10:00 AM ET.

Portfolio Pulse from Benzinga Newsdesk

March 20, 2024 | 2:10 pm

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DKNG

IRBT

PAA

RIVN

Jim Cramer expressed his views on several companies. He criticized Dominion Energy's balance sheet management and recommended selling iRobot, citing its preliminary Q1 loss. Cramer preferred Enterprise Products Partners over Plains All American Pipeline and praised Rivian as well-run but advised against buying its stock. He suggested waiting for a better entry point for DraftKings. Price actions for these companies were also noted, with iRobot, Rivian, and DraftKings experiencing varied movements.

Portfolio Pulse from Avi Kapoor

March 20, 2024 | 2:04 pm