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DRCT

OCG

SKLZ

SSP

UCL

In Monday's intraday session, several communication services stocks experienced significant movements. Ucloudlink Group (UCL) led the gainers with a 21.3% increase, while Direct Digital Holdings (DRCT) saw the largest decrease among the losers, dropping 22.2%. Other notable movers included Oriental Culture Holding (OCG), E W Scripps (SSP), and Skillz (SKLZ) on the gainers' side, and Pop Culture Gr (CPOP), Reading Intl (RDIB), and Manchester United (MANU) among the losers.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:31 pm

BIG

PLCE

WISH

In Monday's intraday session, several consumer discretionary stocks experienced significant movements. Notably, ContextLogic, Children's Place, and Motorcar Parts of America were among the top gainers, with ContextLogic leading at a 46.1% increase. On the downside, Big Lots, Fitell, and SunCar Tech Gr faced notable declines, with Big Lots dropping by 30.4%. These movements reflect dynamic changes in the market values and investor sentiments towards these companies.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:31 pm

ANTX

GNTA

RGC

RNLX

Health care stocks experienced significant movements in Monday's intraday session. Renalytix saw a dramatic increase of 490.4%, while AN2 Therapeutics faced a sharp decline of 75%. Other notable movers include Regencell Bioscience and Genenta Science with substantial gains, and InVivo Therapeutics and TC BioPharm with significant losses.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:31 pm

QBTS

WISA

In Monday's intraday session, notable movements were observed in the Information Technology sector. Nano Labs led the gainers with a 237.6% increase, while WiSA Technologies experienced the largest drop, falling 37.3%. Other significant movements included D-Wave Quantum and Amtech Systems with substantial gains, and Addvantage Technologies and MicroCloud Hologram among the losers.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:31 pm

CBAY

GILD

Gilead Sciences Inc (NASDAQ:GILD) is set to acquire CymaBay Therapeutics Inc (NASDAQ:CBAY) for $4.3 billion, or $32.50 per share in cash. This acquisition aims to enhance Gilead's liver portfolio with CymaBay's lead product candidate, seladelpar, for primary biliary cholangitis. Meanwhile, the Dow Jones index rose by 0.48%, and the NASDAQ and S&P 500 also saw gains. Energy shares led the market with a 1.1% increase, while health care shares slightly declined.

Portfolio Pulse from Avi Kapoor

February 12, 2024 | 5:30 pm

PPL

PPL Corporation's (NYSE:PPL) short interest has decreased by 12.23% since the last report, with 15.73 million shares sold short, representing 2.44% of its float. It would take about 3.27 days to cover all short positions. This decline in short interest could indicate a more bullish sentiment towards PPL compared to its peers, where the average short interest as a percentage of float is 2.39%.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:30 pm

Deere (NYSE:DE) has delivered an average annual return of 19.54% over the past 5 years, outperforming the market by 6.89% annually. With a current market capitalization of $107.10 billion, an initial investment of $1000 in DE 5 years ago would be worth $2,389.85 today.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:30 pm

PATK

Patrick Industries (NYSE:PATK) has seen an 8.96% increase in short percent of float since its last report, with 1.04 million shares sold short, representing 5.96% of available shares. This indicates a bearish market sentiment, although it has less short interest compared to its peers' average of 8.19%. The article suggests that an increase in short interest can sometimes be bullish for a stock.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:30 pm

BSX

Over the past 10 years, Boston Scientific (NYSE:BSX) has outperformed the market with an annualized return of 17.13%, turning a $1000 investment into $4,859.87 today. The company's market capitalization stands at $95.60 billion.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:30 pm

ETR

Entergy's (NYSE:ETR) short interest has increased by 3.06% since the last report, with 1.87 million shares sold short, representing 1.01% of its float. This indicates a bearish market sentiment towards ETR, although it has less short interest compared to its peers' average of 2.46%. The rise in short interest does not necessarily predict a near-term price fall but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 5:30 pm