Streetbeat News

Stock Prices

SLN

Silence Therapeutics' stock price has risen following BMO Capital's initiation of coverage with an Outperform rating and a $67 price target.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:27 pm

LC

LendingClub's stock is trading higher following the release of their Q4 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:25 pm

DCGO

DocGo (DCGO) announced a share buyback program of up to $36 million, causing its shares to trade higher.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:23 pm

AMSC

AMSC shares have declined following the announcement of an upsized $60 million public offering of common stock. The offering's pricing has led to a negative reaction in the stock market.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:21 pm

TLRY

Tilray Brands (NYSE:TLRY) has seen an 8.15% increase in short interest since the last report, with 123.76 million shares sold short, representing 16.46% of available shares. It would take about 3.76 days to cover all short positions. While high short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop. Tilray has a higher short interest than its peer group average of 13.48%.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:15 pm

IBM

IBM's short interest has decreased by 3.19% since the last report, with 24.91 million shares sold short, representing 2.73% of available shares. The short interest is above the peer group average of 2.00%. 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 31, 2024 | 3:15 pm

FVRR

Fiverr Intl (NYSE:FVRR) has experienced a 16.34% increase in short interest since its last report, with 4.87 million shares sold short, representing 14.88% of its float. It would take about 6.25 days to cover all short positions based on current trading volume. This rise in short interest may indicate a bearish market sentiment towards FVRR, although it does not necessarily predict a price drop. FVRR's short interest is significantly higher than its peer group average of 5.01%.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:15 pm

MDC

Evercore ISI Group analyst Stephen Kim downgraded M.D.C. Holdings (NYSE:MDC) from Outperform to In-Line but increased the price target from $57 to $63.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:15 pm

POWL

Powell Industries' stock is trading higher following the announcement of their Q1 financial results, which exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:15 pm

TEVA

Teva Pharmaceutical Industries Ltd (NYSE:TEVA) reported Q4 2023 sales of $4.46 billion, surpassing the consensus of $3.99 billion, driven by an upfront payment for a collaboration, product sales, and higher generic product revenues internationally. Adjusted EPS was $1.00, beating the $0.76 consensus. The company plans to divest its API business by the first half of 2025 and forecasts FY 2024 revenues of $15.7-$16.3 billion with adjusted EPS of $2.20-$2.50. TEVA shares rose 2.43% to $12.02.

Portfolio Pulse from Vandana Singh

January 31, 2024 | 3:14 pm