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LVS

Las Vegas Sands (NYSE:LVS) has seen a 21.47% increase in its short percent of float since the last report, with 7.74 million shares sold short, representing 2.15% of its available trading shares. This increase in short interest indicates a more bearish market sentiment towards LVS, although it has less short interest compared to its peers' average of 4.36%. The article suggests that while an increase in short interest can signal bearish sentiment, it can also be bullish under certain conditions.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 1:15 pm

AM

Antero Midstream's (NYSE:AM) short interest has increased by 8.16% since the last report, with 14.33 million shares sold short, representing 4.24% of its float. It would take about 4.93 days to cover all short positions. This rise in short interest could indicate a more bearish market sentiment towards AM, although it's higher than its peer group average of 3.86% short interest as a percentage of float.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 1:15 pm

SPRC

SciSparc's stock price has increased following the announcement of its acquisition of AutoMax.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 1:11 pm

MOR

MorphoSys AG's Management and Supervisory Boards recommend shareholders accept Novartis' takeover offer of €68.00 per share, totaling €2.7 billion. This offer represents a significant premium over recent average prices, with an acceptance period ending on May 13, 2024. The acquisition aims to enhance MorphoSys' oncology pipeline and provide substantial value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 1:09 pm

CADL

Candel Therapeutics' stock price increased following the FDA's orphan drug designation for CAN-2409, aimed at treating pancreatic cancer.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 1:09 pm

JKS

Goldman Sachs analyst Brian Lee has maintained a Sell rating on JinkoSolar Holding Co (NYSE:JKS) and lowered the price target from $26 to $23.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 1:09 pm

STZ

Constellation Brands Inc (NYSE:STZ) reported Q4 FY24 sales of $2.14 billion, up 7.1% Y/Y, beating estimates. Beer sales rose 11% to $1.702 billion, while Wine and Spirits fell 6%. Operating income surged 35% to $629.4 million, with an operating margin of 29.4%. Comparable EPS was $2.30, above the $2.09 estimate. The company declared a 13% higher dividend of $1.01 per share and expects FY25 net sales growth of 6%-7% and Comparable EPS of $13.50-$13.80. STZ shares rose 0.73% in premarket trading.

Portfolio Pulse from Shivani Kumaresan

April 11, 2024 | 1:08 pm

AMSWA

American Software, Inc. (NASDAQ:AMSWA) announced an agreement to eliminate its Class B Common Stock, exchanging each share for 1.2 shares of Class A Common Stock. This move, subject to shareholder approval, aims to simplify the company's equity capital structure and improve corporate governance. The reclassification is part of efforts to enhance shareholder value and align voting rights with economic interests. The transaction requires approval from a majority of both Class A and Class B shareholders, with the Class B shareholder already agreeing to vote in favor.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 1:08 pm

ENLV

Enlivex shares are trading lower following the announcement of topline results from its Phase II trial evaluating Allocetra in sepsis.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 1:08 pm

GL

Globe Life (GL) shares dropped following a report by Fuzzy Panda Research, alleging extensive insurance fraud within the company. The report claims that sales agencies involved in over $200 million of AIL's ALP, constituting more than 60% of AIL's new business, engaged in fraudulent activities such as writing policies for deceased or fictitious individuals, forging customer signatures, unauthorized bank withdrawals, and actuarial fraud. Additionally, it alleges illegal kickbacks to Globe Life executives exceeding $65 million.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 1:04 pm