Streetbeat News

Stock Prices

SAVE

Spirit Airlines (NYSE:SAVE) has seen a 3.31% decrease in its short percent of float, now at 29.18%. This is significantly higher than its peers' average of 11.83%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 7:45 pm

IT

Gartner's short interest has increased by 5.17%, with 1.20 million shares sold short, representing 1.83% of its float. This is below the peer group average of 4.47%. The rise in short interest suggests a bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 17, 2024 | 7:45 pm

VFC

Moody's has downgraded VF Corp.'s senior unsecured ratings to junk status, leading to a decline in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:42 pm

EFV

GLD

IWM

QLD

SMH

SPYV

TQQQ

Investors are preparing for the Federal Reserve's anticipated interest rate cut by shifting their portfolios towards ETFs that benefit from lower rates. Notable ETFs with significant inflows include iShares MSCI EAFE Value ETF, SPDR Portfolio S&P 500 Value ETF, SPDR Gold Shares, and VanEck Semiconductor ETF. The market is divided on whether the Fed will cut rates by 25 or 50 basis points, with JPMorgan Chase & Co. predicting a larger cut.

Portfolio Pulse from Piero Cingari

September 17, 2024 | 7:39 pm

LRHC

La Rosa shares are trading lower following the announcement of its intent to acquire a real estate brokerage firm with over 950 agents and more than $19 million in revenue.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:39 pm

OMEX

Odyssey Marine Exploration's shares experienced a significant drop, resuming trade only to be halted again due to a circuit breaker as the stock plummeted by 88.7%.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:38 pm

SPY

Jeffrey Gundlach from DoubleLine Capital predicts that the Federal Reserve will cut interest rates by 50 basis points soon and a total of 125 basis points this year. He also believes the U.S. is currently in a recession.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:29 pm

OMEX

Odyssey Marine Exploration's shares experienced a significant drop, triggering a circuit breaker halt. The stock is now down by 85.5%.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:28 pm

GLMD

Galmed Pharmaceuticals Ltd. shares have resumed trading, which could indicate a resolution of previous issues or new developments within the company.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:25 pm

OMEX

Odyssey Marine Exploration's shares experienced significant volatility, with trading resuming only to be halted again due to a circuit breaker as the stock plummeted by 83.5%.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 7:24 pm