Streetbeat News

Stock Prices

GATO

NUE

PLL

Nucor Corporation plans to build a $860 million rebar micro mill in the Pacific Northwest, aiming to maintain leadership in the steel bar market. Gatos Silver reported increased silver production and financial growth in Q4 2023, despite a revenue fall. Dakota Gold Corp. announced promising drill assays at the Richmond Hill Gold Project, indicating potential for future resource expansion. Piedmont Lithium sold all shares of Sayona Mining, focusing on its joint venture and offtake agreement with Sayona Quebec to supply lithium resources for the U.S. electric vehicle supply chain.

Portfolio Pulse from Austin DeNoce

February 21, 2024 | 8:33 pm

ISRG

Intuitive Surgical (NASDAQ:ISRG) has significantly outperformed the market with an average annual return of 26.81% over the past 15 years, turning a $1000 investment into $33,518.38 today. The company's market capitalization stands at $132.65 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 8:30 pm

HUBS

Over the past 5 years, HubSpot (NYSE:HUBS) has outperformed the market with an annualized return of 28.18%, turning a $100 investment into $341.24 today. HubSpot's market capitalization stands at $29.77 billion.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 8:30 pm

CNX

CTRA

EQT

OVV

RRC

SWN

Energy stocks are experiencing an uptick due to an increase in oil and gas prices, positively impacting companies like AR, CNX, CTRA, EQT, OVV, RRC, and SWN.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 8:28 pm

TNL

Travel Leisure's shares surged following the announcement of better-than-expected Q4 adjusted EPS results and the issuance of optimistic FY24 guidance. Additionally, the company proposed a dividend increase.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 8:26 pm

JBT

John Bean Technologies (JBT) shares dropped following the announcement of Q4 revenue results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 8:23 pm

CHK

HEAT

UNG

U.S. natural gas prices surged over 11% after Chesapeake Energy Corp (NASDAQ:CHK) announced a reduction in its output, contributing to a nearly 13% increase this week. Chesapeake plans to lower its 2024 gas production and cut capital expenditure by 20% due to weak market conditions. This announcement led to a 7.8% rise in Chesapeake's shares. The United States Natural Gas Fund (NYSE:UNG) also saw an 11.6% increase, while the WisdomTree Heating Oil ETF (NYSE:HEAT) experienced an 8% decline in the same period.

Portfolio Pulse from Neil Dennis

February 21, 2024 | 8:17 pm

BDX

Becton Dickinson (NYSE:BDX) has seen an 8.97% increase in its short percent of float since the last report, with 2.46 million shares sold short, representing 0.85% of available shares. It would take about 1.94 days to cover these short positions. The increase in short interest can indicate a bearish market sentiment towards BDX, although it has less short interest compared to its peers, with an average of 3.93% in the peer group.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 8:15 pm

CHNR

China Natural Resources (NYSE:CHNR) has seen a 21.95% increase in short interest since its last report, with 13 thousand shares sold short, representing 0.5% of its float. This indicates a bearish market sentiment, although it's below the peer group average of 4.45% short interest. The article suggests that while increased short interest can signal bearish sentiment, it doesn't necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 8:15 pm

HLNE

Hamilton Lane (NYSE:HLNE) has seen a 12.9% decrease in short interest since its last report, with 682 thousand shares currently sold short, representing 1.89% of its float. The average time to cover these short positions is 3.36 days. This decline in short interest could indicate a more bullish sentiment towards HLNE among investors. Additionally, compared to its peer group average short interest of 2.59%, HLNE has a lower percentage of shares sold short, suggesting it may be performing better than its peers in this aspect.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 8:15 pm