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WMT

Walmart Inc. (NYSE:WMT) announced plans to build or convert over 150 stores in the next five years and remodel 650 stores in the next 12 months, creating jobs and investing in communities. Additionally, Walmart will conduct a 3-for-1 stock split to make share purchasing more attainable for its associates. The stock split was approved by the board and aligns with the company's growth and future plans, aiming to encourage associate participation in stock ownership.

Portfolio Pulse from Nabaparna Bhattacharya

January 31, 2024 | 3:37 pm

BAC

Over the past 15 years, Bank of America (NYSE:BAC) has produced an average annual return of 14.05%, outperforming the market. A $1000 investment in BAC 15 years ago would be worth $7,396.81 today. The company's current market capitalization stands at $273.18 billion.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 3:36 pm

FBLG

Trading for the IPO security FBLG was halted but has now resumed as of 10:35 AM ET.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:35 pm

CTRE

RBC Capital analyst Michael Carroll has maintained an Outperform rating on CareTrust REIT (NYSE:CTRE) but has reduced the price target from $25 to $24.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:31 pm

USO

The latest report indicates a 1.234 million barrel build in crude oil inventories, which contrasts with the estimated 217 thousand barrel draw. This unexpected increase in oil stockpiles suggests a potential oversupply in the market.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 3:30 pm

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