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AMAT

Applied Materials, Inc. (NYSE:AMAT) has seen a 26.73% decrease in short interest, now at 12.31 million shares or 1.48% of float, with a cover time of 1.83 days. This decline in short interest could indicate a more bullish sentiment towards AMAT compared to its peers, where the average short interest as a percentage of float is 6.33%.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:30 pm

TSM

Taiwan Semiconductor (NYSE:TSM) has seen a 29.03% increase in short interest since its last report, with 20.52 million shares sold short, representing 0.4% of its float. This indicates a bearish sentiment among traders, although it's not a definitive predictor of stock price movement. Compared to its peers, TSM has a lower short interest percentage of float, suggesting less bearish sentiment relative to similar companies.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:30 pm

TRV

Over the past 20 years, Travelers Companies (NYSE:TRV) has outperformed the market with an average annual return of 8.96%, turning a $100 investment into $546.13 today. The company currently has a market capitalization of $52.73 billion.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:30 pm

MDLZ

Mondelez International's (MDLZ) short interest has decreased to 1.18% of its float, with 15.93 million shares sold short. This represents a 6.35% drop since the last report, indicating a potential shift in market sentiment towards a more bullish outlook. The current short interest is significantly lower than the peer group average of 4.30%, suggesting Mondelez is performing well compared to its peers in terms of investor confidence.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:30 pm

ACB

CGC

EAST

EHC

GRWG

OGI

SNDL

UGRO

VFF

XXII

The article reports significant movements in cannabis stocks on March 28, 2024, listing both gainers and losers. Encompass Health (EHC) and Eastside Distilling (EAST) were among the gainers, while Urban-gro (UGRO), 22nd Century Group (XXII), Canopy Growth (CGC), Aurora Cannabis (ACB), GrowGeneration (GRWG), SNDL Inc. (SNDL), OrganiGram Holdings (OGI), and Village Farms International (VFF) were notable losers.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:30 pm

PL

Planet Labs (NYSE:PL) reported Q4 earnings with a loss of $(0.11) per share, missing the $(0.06) estimate, but sales of $58.85M exceeded the $58.19M forecast. This represents an 83.33% miss on EPS estimates but a 1.14% beat on sales forecasts, with a year-over-year sales increase of 11.09%.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:29 pm

CURV

Torrid Holdings shares surged following the announcement of their Q4 financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:29 pm

GAME

GameSquare Holdings, Inc. (NASDAQ:GAME) has completed its voluntary delisting from the TSX Venture Exchange (TSXV) as of March 28, 2024. The delisting does not impact GameSquare's NASDAQ listing, where its shares continue to trade under the symbol 'GAME'.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:28 pm

OXM

Oxford Industries projects its Q1 2024 adjusted EPS to be between $2.60 and $2.80, which is below the estimated $3.58. Additionally, the company anticipates revenue to be in the range of $395M to $415M, also falling short of the expected $419.196M.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:27 pm

HSDT

Helius Medical Technologies (HSDT) reported Q4 2023 earnings with a GAAP EPS of $(1.47), surpassing the $(3.77) estimate. However, their sales of $134K fell short of the $246.333K estimate, marking a 52.48% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:25 pm