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FANG

Diamondback Energy (NASDAQ:FANG) reported Q4 adjusted earnings of $4.74 per share, surpassing the consensus estimate of $4.66. Quarterly sales reached $2.23 billion, exceeding the $2.17 billion estimate and marking a 9.75% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:03 pm

HALO

Halozyme Therapeutics (NASDAQ:HALO) reported Q4 adjusted EPS of $0.82, missing the $0.83 estimate, and sales of $230.04M, missing the $233.19M estimate. This represents a 70.83% increase in earnings and a 26.75% increase in sales from the same period last year.

Portfolio Pulse from saritha@benzinga.com

February 20, 2024 | 9:03 pm

CZR

Caesars Entertainment (CZR) reported Q4 2023 GAAP EPS of $(0.34), missing the $(0.07) estimate by 385.71%. Quarterly sales were $2.83 billion, slightly below the $2.85 billion estimate, marking a 0.32% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:02 pm

CZR

Caesars Entertainment (NASDAQ:CZR) reported Q4 sales of $2.83 billion, missing the analyst consensus estimate of $2.85 billion by 0.68%. This represents a 0.32% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:01 pm

PHXM

Trading for PHXM was halted at 4:01:00 p.m. ET due to pending news. The halt is a temporary measure awaiting the release of significant information.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:01 pm

SONY

Helldivers 2, funded by Sony Group Corp. (NYSE:SONY), reached 409,337 concurrent players on Steam, making it the fifth most popular game despite its $40 price tag. The game, released on Feb. 8, faced server issues due to high demand but saw improvements. CEO Johan Pilestedt advised players to wait until server capacity improves for a better experience. The game's success is notable, especially with its higher price compared to the top paid title, Palworld.

Portfolio Pulse from Franca Quarneti

February 20, 2024 | 8:50 pm

TTC

Toro (NYSE:TTC) has seen a 35.64% increase in short interest since its last report, with 3.27 million shares sold short, representing 3.92% of its float. This indicates a bearish market sentiment towards TTC, although it's higher than its peer group average of 2.69% short interest. The rise in short interest suggests caution but doesn't necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 8:45 pm

BPMC

Blueprint Medicines (NYSE:BPMC) has seen a 5.37% increase in its short percent of float since the last report, with 4.60 million shares sold short, representing 10.2% of available shares. This indicates a bearish market sentiment, although it doesn't necessarily predict a near-term price drop. Compared to its peers, BPMC has a higher short interest, suggesting more bearish sentiment towards it than its peers.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 8:45 pm

TFC

Truist Finl (NYSE:TFC) has seen a 17.16% decrease in short interest, now at 14.70 million shares or 1.11% of float, indicating a potential shift in market sentiment towards more bullish. The short interest decline suggests fewer traders are betting against the stock. Compared to its peers, TFC has a lower short interest percentage of float (3.61%), suggesting better performance or sentiment towards the company.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 8:45 pm

BJRI

PW Partners, an activist investor holding approximately 4.9% of BJ's Restaurants Inc. (BJRI), has sent a letter to BJ's Chairman, Gerald Deitchle, urging immediate actions to enhance shareholder value. The letter outlines a plan to reduce costs by $50 million, execute a $100 million stock buyback, reduce the Board size, and appoint PW Partners' representatives to the Board. PW Partners criticizes the current Board's effectiveness and highlights a significant opportunity for margin expansion, referencing a past success where their involvement led to an 80% stock price increase.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 8:43 pm