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CLF

Cleveland-Cliffs' stock (CLF) is experiencing a rebound after a decline due to a Q4 earnings miss reported on Monday.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 8:50 pm

BREA

Brera Holdings (NYSE:BREA) has experienced a 171.43% increase in short interest since its last report, with 6 thousand shares sold short, representing 0.19% of its float. The short interest is below the peer group average of 1.46%. While high short interest can indicate bearish sentiment, it does not necessarily predict a price drop. It takes traders approximately 1 day to cover short positions based on current trading volumes.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 8:45 pm

EXPE

Expedia Group (NYSE:EXPE) has seen a decrease in short interest, with the short percent of float falling 13.49% since the last report. The company has 5.56 million shares sold short, which is 4.81% of available shares for trading. The current short interest is lower than the peer group average of 6.06%. While a decline in short interest can indicate a more bullish sentiment, it does not necessarily predict a near-term rise in stock price.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 8:45 pm

SWN

Southwestern Energy (NYSE:SWN) has seen a 7.03% increase in short interest since its last report, with 32.75 million shares sold short, representing 3.35% of its float. The short interest now takes approximately 1.0 trading day to cover. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price decline. Compared to its peers, SWN has a lower short interest as a percentage of float, with the peer group average at 6.08%.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 8:45 pm

HWBK

Hawthorn Bancshares reported a significant decrease in earnings per share (EPS) for Q4 2023, posting a loss of $(1.05) compared to a gain of $0.67 in the same quarter of the previous year.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 8:42 pm

ATGE

Adtalem Global Education Inc. (NYSE:ATGE) stock plummeted approximately 25% following a CNBC report that Fahmi Quadir of Safkhet Capital has taken a short position in the company. Quadir criticized Adtalem as 'a toxic byproduct of an imperfect higher education system' and labeled it 'completely uninvestable.' The stock's drop occurred just days before Adtalem's scheduled Q2 earnings report on Feb. 1, where it is expected to report earnings of 98 cents per share on revenue of $372.78 million.

Portfolio Pulse from Ryan Gustafson

January 30, 2024 | 8:37 pm

TSLA

Elon Musk's Neuralink has successfully performed its first human implant procedure, with the patient recovering well. The FDA approved Neuralink's first in-human clinical study in May 2023. The device, named 'Telepathy,' is designed to help paralysis patients control devices through thought. Jim Cramer praised the achievement on CNBC, contrasting it with his recent skepticism towards Tesla (NASDAQ:TSLA), and suggested that Musk could be recognized as one of the greatest minds ever for this advancement.

Portfolio Pulse from Adam Eckert

January 30, 2024 | 8:37 pm

CLF

NUE

TMST

TimkenSteel Corporation CEO Michael Williams sold 9,500 shares. Cleveland-Cliffs Inc. reported Q4 and full-year 2023 results with a Q4 net loss and full-year net income, while Nucor Corp announced strong Q4 and full-year earnings, expecting Q1 2024 to outperform Q4 2023.

Portfolio Pulse from Austin DeNoce

January 30, 2024 | 8:25 pm

FCNCA

First Citizens BancShares' stock (FCNCA) is trading higher following UBS's decision to maintain a Buy rating and increase the price target from $1,644 to $1,754.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 8:21 pm

VRTX

Vertex Pharmaceuticals (VRTX) reported results from its Phase 3 program of VX-548 for moderate-to-severe acute pain. Despite an initial drop, VRTX shares have rebounded following the announcement.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 8:17 pm