Streetbeat News

Stock Prices

CXE

Mfs High Inc Municipal (NYSE:CXE) announced a monthly dividend of 1.4 cents per share, going ex-dividend on Tuesday. Shareholders owning the stock by Monday are eligible for the payout on February 29, 2024. The stock is expected to open 1.4 cents lower on Tuesday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 2:45 pm

WOLF

Wolfspeed (NYSE:WOLF) has seen an 8.62% increase in its short percent of float since the last report, with 17.00 million shares sold short, representing 18.77% of available shares. This indicates a bearish market sentiment towards WOLF, although it's not a definitive predictor of a price drop. Wolfspeed's short interest is higher than its peer group average of 8.13%, suggesting more bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 2:45 pm

MOD

Modine Manufacturing (NYSE:MOD) has seen a 9.21% increase in short percent of float since its last report, with 2.12 million shares sold short, representing 4.15% of available shares. This indicates a bearish sentiment among investors, although it's not a definitive predictor of stock price movement. Compared to its peers, MOD has a lower short interest percentage, suggesting it's performing relatively well within its group.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 2:45 pm

PATK

Patrick Industries (NASDAQ:PATK) reported Q4 earnings with an EPS of $1.49, beating estimates by 10.37% but with a revenue decrease of $170.73 million from the previous year. Despite beating EPS estimates in past quarters, such performance has previously led to a slight drop in share price the following day.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 2:45 pm

LAD

Lithia Motors (NYSE:LAD) has seen a 3.19% increase in its short percent of float since the last report, with 2.81 million shares sold short, representing 11.63% of its available trading shares. This requires an average of 17.3 days for traders to cover their short positions. The increase in short interest can indicate a bearish market sentiment towards LAD, although it has less short interest compared to its peer group average of 12.60%. This information suggests a cautious outlook for LAD's stock in the short term.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 2:45 pm

MDU

MDU Resources Gr (NYSE:MDU) reported Q4 earnings with an EPS of $0.48, missing estimates by 2.04% against an expected $0.49. Revenue decreased to $724M from the previous year. In Q3 2023, the company beat EPS estimates, leading to a 1.38% share price increase the following day. Historical earnings show fluctuating performance over the past quarters.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 2:45 pm

XOM

Exxon Mobil (NYSE:XOM) announced a quarterly dividend of 95 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning XOM stock by the end of Monday are eligible for the dividend, payable on March 11, 2024. The stock is expected to open 95 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 2:45 pm

LVO

LiveOne (NASDAQ:LVO) reported Q3 earnings with an EPS of $-0.03, missing estimates by 50% compared to the expected $-0.02. Revenue increased by $3.94 million from the previous year. The company's past earnings performance shows a pattern of missing EPS estimates, which previously led to a 1.75% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 2:45 pm

BABA

Alibaba's stock trades lower following a downgrade by Macquarie from Outperform to Neutral, with a new price target of $85.4 set after reviewing Alibaba's Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 2:44 pm

ZJYL

Jin Medical International shares have resumed trading, indicating a return to normal operations or a resolution of previous issues that led to a trading halt.

Portfolio Pulse from Benzinga Newsdesk

February 08, 2024 | 2:43 pm