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ALLG

Allego N.V. (NYSE:ALLG), a leading electric vehicle charging network in Europe, received a notice from the NYSE for not meeting the minimum share price requirement of $1.00 over a 30-day period. The company has six months to regain compliance, with options including a reverse share split. The notice does not immediately affect Allego's NYSE listing or operations.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:08 pm

DAX

EWG

EWP

EWQ

Europe-related ETFs, including DAX, EWG, EWP, and EWQ, are experiencing a downturn due to the broader market's weakness, which is largely attributed to uncertainties surrounding US interest rate cuts.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:04 pm

FICO

Over the past 10 years, Fair Isaac (NYSE:FICO) has outperformed the market with an annualized return of 25.61%, averaging 36.22% annually. A $100 investment in FICO a decade ago would now be worth $2,248.47, showcasing the impact of compounded returns on investment growth. Fair Isaac's current market capitalization stands at $29.62 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 8:00 pm

CSGP

Over the past 20 years, CoStar Gr (NASDAQ:CSGP) has produced an average annual return of 17.07%, outperforming the market by 9.18% annually. A $1000 investment in CSGP 20 years ago would now be worth $23,437.82. CoStar Gr currently has a market capitalization of $36.95 billion.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 8:00 pm

LTCUSD

Litecoin (LTC) is experiencing a decrease in its trading value as the broader cryptocurrency market faces a downturn, influenced by mixed inflation data and bank earnings reports this week.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 7:55 pm

SPR

Spirit Aerosystems has reduced overtime and hiring for certain roles in response to a decrease in Boeing 737 Max production. The company is adjusting its production to match its customer's rate profile. The local union president confirmed that overtime for assembly workers has been cut, indicating a slowdown in shop floor activities.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 7:48 pm

TEVA

Teva Pharmaceutical Industries Ltd. shares are trading lower due to increased tensions between Israel and Iran, affecting Israel-based stocks.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 7:47 pm

CNXC

Concentrix (NYSE:CNXC) has seen a 4.74% increase in its short percent of float since the last report, with 2.19 million shares sold short, representing 4.64% of its available trading shares. This indicates a bearish market sentiment, although it's below the peer group average of 5.06% short interest. The article suggests that an increase in short interest doesn't necessarily predict a stock price fall and can be bullish.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 7:45 pm

WSO

Watsco's (NYSE:WSO) short interest has increased to 13.98% of its float, significantly higher than its peers' average of 3.98%. This rise to 4.15 million shares sold short suggests a bearish market sentiment, although it doesn't necessarily predict a near-term price drop. The coverage period for these short positions is approximately 9 days.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 7:45 pm

CELH

Celsius Holdings (NYSE:CELH) has seen a significant decrease in short interest, down 52.86% to 18.16 million shares, representing 18.81% of its float. This decrease suggests a shift in market sentiment towards the stock, potentially indicating a more bullish outlook among investors. The current short interest still exceeds the peer group average of 4.68%, highlighting a higher level of bearish sentiment compared to its peers.

Portfolio Pulse from Benzinga Insights

April 12, 2024 | 7:45 pm