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VRRM

Verra Mobility's shares surged following the announcement of Q4 revenue results that exceeded expectations and the issuance of FY24 revenue guidance surpassing estimates.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 8:52 pm

LVS

MLCO

WYNN

Casino stocks are trading lower due to a decrease in Macau's revenue growth for February. This downturn is affecting major casino operators with exposure to the Macau market.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 8:49 pm

XEL

Xcel Energy's stock is trading lower following the company's announcement of potential liability for the Smokehouse Creek Fire.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 8:46 pm

AMKR

Amkor Tech's (NYSE:AMKR) short interest has increased by 21.96% since the last report, with 3.45 million shares sold short, representing 5.22% of its float. This indicates a bearish market sentiment towards AMKR, although it has less short interest compared to its peers' average of 6.63%. The article suggests that an increase in short interest does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 8:45 pm

CPOP

Pop Culture Gr (NYSE:CPOP) has seen a 2000% increase in its short percent of float, now at 1.47% with 23 thousand shares sold short. It takes traders approximately 1 day to cover their short positions. This rise in short interest indicates a more bearish market sentiment towards CPOP, although it has less short interest compared to its peer group average of 5.14%. The increase in short interest doesn't necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 8:45 pm

VICI

VICI Props's (NYSE:VICI) short interest has increased by 13.5% since the last report, with 23.92 million shares sold short, representing 2.69% of its float. It would take about 4.2 days to cover these short positions. This rise in short interest can indicate a bearish market sentiment towards VICI, although it has less short interest compared to its peer group average of 5.18%. The increase in short interest doesn't necessarily predict a price drop but indicates heightened shorting activity.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 8:45 pm

MBLY

Mobileye shares are trading higher, benefiting from the overall strength in the tech sector.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 8:45 pm

LLY

NVO

Eli Lilly (LLY) is highlighted by BofA Securities as a top biopharma pick, with a remarkable +29% YTD performance. BofA raised its price target for LLY to $1000 from $800, citing undervalued opportunities in heart disease, sleep apnea, and liver disease, and the potential of Mounjaro and Zepbound. Novo Nordisk (NVO) is also noted for its expertise in the incretin space alongside LLY. Both companies are working to meet demand spikes, with LLY doubling its incretin drug production capacity.

Portfolio Pulse from Vandana Singh

March 01, 2024 | 8:45 pm

WDC

Western Digital shares are trading higher, benefiting from the overall strength in the tech sector.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 8:44 pm

DKNG

PARA

WBD

The article discusses the potential winners of the 2024 NCAA Men's Basketball Tournament based on KenPom rankings of offensive and defensive efficiencies. It highlights teams like Connecticut, Arizona, Auburn, Houston, and Tennessee as top contenders. DraftKings Inc (DKNG) provides betting odds for these teams. Warner Bros. Discovery (WBD) and Paramount Global (PARA, PARAA) hold broadcasting rights for the tournament games. The analysis suggests that balanced teams in both offensive and defensive metrics have a higher chance of winning.

Portfolio Pulse from Chris Katje

March 01, 2024 | 8:44 pm