Streetbeat News

Stock Prices

RMBS

Rambus (NYSE:RMBS) has seen a 12.92% decrease in its short percent of float, now at 4.38% of all regular shares available for trading. This is lower than the peer group average of 9.38%. The decline in short interest could indicate a more bullish sentiment among investors.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 8:30 pm

NABL

N-able's (NYSE:NABL) short interest has risen by 17.83%, with 1.07 million shares sold short, representing 1.52% of its float. This increase in short interest could indicate bearish sentiment, although it is lower than the peer group average of 4.51%.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 8:30 pm

MDT

Medtronic's short interest has risen by 10.38%, with 15.33 million shares sold short, representing 1.17% of its float. This increase in short interest could indicate bearish sentiment, although Medtronic's short interest is still lower than its peers' average of 4.80%.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 8:30 pm

ACB

CRBP

GNLN

PMD

The article reports on the stock movements of various marijuana-related companies for June 7, 2024. Notable gainers include CordovaCann, Cansortium, and Psychemedics, while significant losers include AusCann Group Holdings, Greenlane Holdings, and Corbus Pharmaceuticals.

Portfolio Pulse from Benzinga Insights

June 07, 2024 | 8:30 pm

INBX

Inhibrx Biosciences' recent 13G filing reveals that Viking Global Investors LP has reported a 12.3% stake in the company as of May 29, 2024, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 8:29 pm

CSV

Carriage Services announced the resignation of its Executive VP, CFO, and Treasurer, L. Kian Granmayeh. This leadership change could impact the company's financial strategy and investor confidence in the short term.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 8:28 pm

AAPL

BK

HOOD

NVDA

SOXX

The stock market hit record highs with the S&P 500 and Nasdaq 100 indices leading the charge. The tech sector, especially chipmakers tracked by the iShares Semiconductor ETF (SOXX), drove gains. Nvidia (NVDA) briefly surpassed Apple (AAPL) in market valuation. Central banks cut rates, but a tight US jobs report dampened hopes for Fed rate cuts. Robinhood (HOOD) surged after acquiring Bitstamp. BlackRock (BK) and Citadel Securities plan a new stock exchange in Texas.

Portfolio Pulse from Piero Cingari

June 07, 2024 | 8:25 pm

NISN

Nisun International shares are trading higher after the company announced it has established a daily supply capacity of over 20 million eggs.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 8:24 pm

DKNG

DraftKings shares are trading lower following the company's filing of a mixed securities shelf offering.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 8:23 pm

MMM

3M Co. (NYSE:MMM) is refocusing on operations and innovation under new CEO Bill Brown. Bank of America analyst Edwin Obin upgraded 3M shares from Neutral to Buy, raising the price target from $105 to $120. Brown's priorities include organic growth, operating efficiency, and supply-chain performance. With major litigation settlements behind, investors are expected to focus on the company's growth potential.

Portfolio Pulse from Michael Juliano

June 07, 2024 | 8:22 pm