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FAZE

Shares of FaZe Holdings are trading higher following the approval of a merger with GameSquare by the company's stockholders. This strategic move is expected to enhance the company's market position and financial strength.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:22 pm

BKNG

Bookings Holdings shares are trading higher in anticipation of its earnings results, which will be reported after the market closes.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:20 pm

ASO

Academy Sports (NYSE:ASO) has seen a decrease in short interest, with 8.49 million shares sold short, representing 21.54% of its float. This is a decline of 5.69% from its last report, requiring 8.08 days on average for traders to cover their short positions. Short interest is a key indicator of market sentiment, and a decrease suggests a more bullish outlook among investors. Compared to its peers, ASO has a higher short interest percentage of 21.54% versus the peer group average of 15.04%.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:15 pm

BLNK

Blink Charging (NYSE:BLNK) has seen a decrease in short interest, now at 33.5% of its float, down 11.23% from the last report. With 19.75 million shares sold short, it would take about 3.22 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards BLNK among traders. Compared to its peers, BLNK has a higher short interest percentage, with the average for its peer group at 8.28%.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:15 pm

REGN

Regeneron Pharmaceuticals (NYSE:REGN) has seen a 15.38% increase in its short percent of float since the last report, with 1.25 million shares sold short, representing 1.35% of its available trading shares. This increase in short interest indicates a more bearish market sentiment towards REGN, although it has less short interest compared to its peers' average of 4.69%. The article suggests that while an increase in short interest can signal bearish sentiment, it can also present bullish opportunities under certain conditions.

Portfolio Pulse from Benzinga Insights

February 22, 2024 | 8:15 pm

VAC

Shares of Marriott Vacations (VAC) are trading higher following the announcement of their Q4 results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:09 pm

JOBY

Joby Aviation's shares are trading lower following the release of its fourth-quarter earnings and the provision of a 2024 outlook.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:08 pm

FLNC

Shares of Fluence Energy (FLNC) are trading lower following a short report issued by Blue Orca Capital.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:06 pm

BHM

Bluerock Homes Trust, Inc. (NYSE:BHM) has announced a new share repurchase plan authorizing the repurchase of up to $5.0 million of its Class A common stock. The plan is in compliance with SEC rules and has a one-year term, subject to discontinuation at any time. Repurchases will depend on various factors including market conditions and will be conducted through open market transactions.

Portfolio Pulse from Benzinga Newsdesk

February 22, 2024 | 8:06 pm

ADI

TXN

Analysts from Oppenheimer, Needham, and Morgan Stanley provided updates on Analog Devices, Inc (ADI) following mixed Q1 results and a lower Q2 outlook. Oppenheimer remains optimistic, reiterating an Outperform rating with a $215 target, highlighting ADI's strong position in auto and industrial sectors. Needham maintains a Hold rating, expecting a muted recovery due to sluggish demand in the automotive segment. Morgan Stanley remains Overweight but reduced its target from $219 to $212, citing margin resilience and inventory management as positive signs amid a historic downturn. ADI's shares dropped slightly by 0.57% to $192.62.

Portfolio Pulse from Anusuya Lahiri

February 22, 2024 | 8:04 pm