Streetbeat News

Stock Prices

FTV

Fortive (NYSE:FTV) has seen a 26.47% increase in short interest since its last report, with 2.69 million shares sold short, representing 0.86% of available shares. The short interest is below the peer group average of 3.37%. While high short interest can indicate bearish sentiment, it doesn't necessarily predict a price drop and can sometimes be bullish.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 2:45 pm

EGBN

Eagle Bancorp (NASDAQ: EGBN) has announced a quarterly dividend of 45 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday's session will be eligible for the dividend, which will be paid on January 31, 2024. The stock is expected to open 45 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 2:45 pm

LGI

Lazard Glb Total Return (NYSE:LGI) announced a monthly dividend of 9.34 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the dividend, which will be paid on January 22, 2024. The stock is expected to open 9.34 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 2:45 pm

DIOD

Truist Securities analyst William Stein has downgraded Diodes (NASDAQ:DIOD) from Buy to Hold and set a price target of $78.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 2:43 pm

NEXI

NexImmune's stock (NEXI) resumed trading after a temporary halt due to a circuit breaker being triggered. Circuit breakers are automatic measures to prevent sharp price declines.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 2:43 pm

ZION

Truist Securities analyst Jennifer Demba downgraded Zions Bancorp (NASDAQ:ZION) from Buy to Hold and set a price target of $46.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 2:40 pm

ADM

IMKTA

PRDO

The article discusses value stocks in the consumer defensive sector, highlighting five companies with low price-to-earnings (P/E) multiples, suggesting they may be undervalued. Archer-Daniels Midland (ADM), Altria Group (MO), Ingles Markets (IMKTA), Bunge Global (BG), and Perdoceo Education (PRDO) are mentioned with their respective P/E ratios and recent financial performance, including earnings per share and dividend yields. The article indicates that these stocks were selected by Benzinga Insights using a quantified analysis.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 2:39 pm

AMR

ARCH

BCC

CMC

ORGN

The article provides an overview of value stocks in the basic materials sector, highlighting five companies with low P/E ratios, indicating potential undervaluation. Arch Resources, Origin Mat, Commercial Metals, Alpha Metallurgical, and Boise Cascade are mentioned with their respective P/E ratios and recent changes in earnings per share and dividend yields.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 2:38 pm

BTCUSD

ETHUSD

OSMOUSD

SEIUSD

Bitcoin (BTC) surpassed the $44,000 mark following positive U.S. jobs data, with the economy adding 216,000 jobs in December. Ethereum (ETH) also saw gains, trading above $2,200. Osmosis (OSMO) emerged as the top gainer, while Sei (SEI) was the biggest loser in the last 24 hours. The global crypto market cap increased slightly by 0.4% to $1.66 trillion.

Portfolio Pulse from Avi Kapoor

January 05, 2024 | 2:35 pm

DKNG

The arrival of Lionel Messi to Inter Miami has led to a significant increase in betting activity on Major League Soccer, particularly on Inter Miami matches and Messi-related bets. Bet365 reported that betting on Inter Miami was 'exponentially massive' and often increased 'by thousand-fold.' Messi's impact on betting was more significant than on the overall match and other soccer betting markets. DraftKings Inc (NASDAQ:DKNG) also acknowledged Messi's influence, with CEO Jason Robins predicting a big change for MLS due to Messi. Both Bet365 and DraftKings offered boosted bets on Messi and Inter Miami.

Portfolio Pulse from Chris Katje

January 05, 2024 | 2:34 pm