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Life Time Group's Founder & CEO Bahram Akradi has purchased 39,000 shares at an average price of $16.76, according to an SEC Form 4 filing.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 5:46 pm

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GME

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Roaring Kitty's return has led to a significant surge in GameStop (GME) stock and related meme coins. An investor made an unrealized profit of $300,000 on Ethereum-based GME tokens. GameStop shares rose by 22%, and GME tokens on various blockchains saw substantial gains.

Portfolio Pulse from Murtuza Merchant

June 03, 2024 | 5:38 pm

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Coherent Corp. (NYSE:COHR) shares are trading higher after appointing Jim Anderson as the new CEO. Anderson's previous role was at Lattice Semiconductor (NASDAQ:LSCC), whose stock fell after his departure. Anderson has a strong background in leadership roles at Advanced Micro Devices (NASDAQ:AMD) and other companies. Investors can also gain exposure to Coherent through ProShares Nanotechnology ETF (NYSE:TINY) and SPDR S&P Kensho Final Frontiers ETF (NYSE:ROKT).

Portfolio Pulse from Lekha Gupta

June 03, 2024 | 5:35 pm

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The VIX surged 9% as major U.S. equity indices fell due to concerns over U.S. manufacturing activity. Safe-haven assets like bonds and gold rose, while meme stocks like GameStop and AMC spiked. Notable stock movements included Paramount Global, Lattice Semiconductor, and Spotify. Mexican assets also saw significant declines following a presidential election.

Portfolio Pulse from Piero Cingari

June 03, 2024 | 5:32 pm

BDX

Becton, Dickinson and Company shares are trading higher after the company announced a definitive agreement to acquire Edward's Critical Care product group.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 5:32 pm

DXCM

DexCom (NASDAQ:DXCM) has significantly outperformed the market over the past 5 years, delivering an average annual return of 29.54%. A $1000 investment in DXCM 5 years ago would be worth $3,807.28 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 5:30 pm

NSIT

Insight Enterprises (NASDAQ:NSIT) has significantly outperformed the market over the past 5 years, delivering an average annual return of 29.96%. A $1000 investment in NSIT 5 years ago would now be worth $3,756.78.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 5:30 pm

KEX

Kirby's (NYSE:KEX) short interest has fallen by 7.0%, with 955 thousand shares sold short, representing 1.86% of its float. This is lower than the peer group average of 2.93%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 5:30 pm

VFC

VF Corporation (NYSE: VFC) has seen a 10.75% increase in its short percent of float, now at 12.98%. This indicates a bearish sentiment among investors, as it would take traders 8.03 days to cover their short positions. VF's short interest is higher than its peers, whose average is 8.08%.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 5:30 pm

AZO

AutoZone's short interest has decreased by 3.38%, with 479 thousand shares sold short, representing 3.14% of its float. This is lower than the peer group average of 13.41%. The decrease in short interest may indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 03, 2024 | 5:30 pm