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IMMX

Immix Biopharma shares were halted due to a circuit breaker trigger as the stock plummeted by 10.1%. This significant drop led to a temporary pause in trading to manage volatility.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 8:22 pm

SPSC

SPS Commerce (NYSE:SPSC) has seen a decrease in short interest, with the short percent of float falling 11.78% to 3.07%. This indicates fewer shares are being shorted, suggesting a potential shift in market sentiment towards the stock. The current short interest represents 817 thousand shares, requiring approximately 6.47 days for traders to cover their short positions. This change is notable compared to the peer group average of 6.73% short interest as a percentage of float, indicating SPS Commerce has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 8:15 pm

DASH

DoorDash's (NYSE:DASH) short interest has decreased by 15.25% since the last report, with 16.14 million shares sold short, representing 4.39% of its float. The current short interest suggests a bullish sentiment compared to its peer group average of 8.78% short interest as a percentage of float. This decrease in short interest indicates fewer traders are betting against the stock, which could influence its short-term price movement.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 8:15 pm

NTRS

Northern Trust (NYSE:NTRS) has seen a 13.7% increase in short interest since its last report, with 2.95 million shares sold short, representing 1.66% of its float. The current short interest suggests a bearish market sentiment, although it's lower than the peer group average of 2.67%. The article highlights the importance of tracking short interest as an indicator of market sentiment and discusses peer comparison as a method for evaluating company performance.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 8:15 pm

CAT

Caterpillar Inc (NYSE:CAT) shares reached new all-time highs following strong quarterly results, with a 3% revenue increase in Q4 and 13% for 2023. CEO Jim Umpleby highlighted expanding market opportunities in cloud computing and generative AI, driving demand for data center power generation. The company is making significant investments in manufacturing capacity for large engines to meet this demand and capitalize on long-term growth opportunities.

Portfolio Pulse from Adam Eckert

February 05, 2024 | 8:09 pm

SCSC

ScanSource (NASDAQ:SCSC) is scheduled to release its quarterly earnings report on 2024-02-06, with analysts expecting an EPS of $0.97. The focus will be on whether the company beats this estimate and provides positive guidance for the next quarter. Historical data shows mixed reactions to past earnings, with the last quarter's miss of $0.17 leading to a 5.03% share price increase the following day.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 8:02 pm

JKHY

Jack Henry & Associates (NASDAQ:JKHY) is scheduled to release its quarterly earnings report on February 6, 2024, with an expected EPS of $1.14. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historically, JKHY has shown mixed results in beating EPS estimates, with share price reactions varying accordingly. The stock has been trading at $165.64 as of February 2, reflecting a 10.07% decline over the last year, indicating potential investor concern ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 8:02 pm

TSLA

Tesla Inc (NASDAQ:TSLA) shares are trading lower due to concerns over alleged illegal drug use by CEO Elon Musk and other board members, as reported by the Wall Street Journal. The report suggests that Musk has normalized drug use among directors, potentially affecting their ability to oversee the company. Additionally, Piper Sandler cut its 2024 delivery estimates for Tesla, citing potential margin impacts from continued price cuts, though it remains bullish on Tesla's long-term prospects.

Portfolio Pulse from Adam Eckert

February 05, 2024 | 8:02 pm

DHT

DHT Holdings (NYSE:DHT) is scheduled to release its quarterly earnings report on February 6, 2024, with analysts expecting an EPS of $0.23. Historical data shows that DHT's stock price is sensitive to earnings performance and guidance. Last quarter, DHT missed its EPS estimate by $0.01, leading to a 6.59% drop in its share price. Over the past year, DHT shares have increased by 16.96%, indicating a generally positive outlook from long-term shareholders.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 8:02 pm

TRVG

trivago (NASDAQ:TRVG) is scheduled to release its quarterly earnings report on February 6, 2024, with an expected EPS of $-0.01. Analysts and investors are keen on whether trivago will surpass this estimate and provide positive guidance for the next quarter. Historical data shows that trivago's stock price tends to react more significantly to guidance than to earnings beats or misses. In the past, despite beating EPS estimates, trivago's stock price experienced declines the following day. Currently, trivago's shares are trading at $2.5, marking a 73.23% decrease over the last 52 weeks, indicating a period of negative performance for the company.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 8:01 pm