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PARA

WBD

Warner Bros. Discovery, Inc. (NASDAQ:WBD) shares are trading lower after reports of a potential merger with Paramount Global (NASDAQ:PARA). WBD CEO David Zaslav and PARA CEO Bob Bakish discussed a possible merger, with talks in early stages. WBD's trading volume is up, with 15.6 million shares traded versus an average of 22.086 million. The stock is also a target for short-sellers, with 13.51% of shares sold short. WBD is trading above its 50-day moving average but below its 52-week high.

Portfolio Pulse from Erica Kollmann

December 21, 2023 | 4:30 pm

BX

Over the past 5 years, Blackstone (NYSE:BX) has outperformed the market with an average annual return of 33.15%, significantly higher than the market average. An investment of $100 in BX stock 5 years ago would be worth $442.51 today. Blackstone's market capitalization currently stands at $96.16 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 4:30 pm

LVS

Las Vegas Sands (NYSE:LVS) has seen a 20.26% increase in short interest since its last report, with 13.22 million shares sold short, representing 3.68% of its float. It would take about 1.61 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. LVS has less short interest compared to its peer group average of 3.98%.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 4:30 pm

RTX

RTX (NYSE:RTX) has seen a 15.68% decrease in short interest since its last report, with 75.66 million shares sold short, representing 5.27% of its float. The average time to cover these short positions is 10.51 days. A decrease in short interest can indicate a more bullish sentiment towards the stock. RTX has a higher short interest than its peer group average of 2.55%. Short interest is a key indicator of market sentiment and changes in short interest can have implications for stock performance.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 4:30 pm

CCI

Over the past 15 years, Crown Castle (NYSE:CCI) has delivered an average annual return of 13.64%, outperforming the market. A $100 investment in CCI 15 years ago would be worth $680.68 today. Crown Castle currently has a market cap of $49.86 billion.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 4:30 pm

RELX

RELX (NYSE:RELX) has seen a 16.67% increase in short interest since the last report, with 1.32 million shares sold short, representing 0.07% of available shares. It would take about 1.7 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, RELX has less short interest compared to its peers, with an average of 3.05% short interest as a percentage of float in its peer group.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 4:30 pm

IMVT

B of A Securities analyst Jason Gerberry has maintained a Buy rating on Immunovant (NASDAQ:IMVT) and increased the price target from $49 to $51.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 4:30 pm

CCL

Traders are circulating news that Investor Business Daily's SwingTrader has purchased shares of Carnival Corp (CCL). This could indicate a positive sentiment among traders and potentially influence the stock's short-term performance.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 4:29 pm

MULN

Shares of Mullen Automotive were halted due to a circuit breaker after a rapid increase in price, with the stock surging 19.6%.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 4:26 pm

BROS

Wedbush analyst Nick Setyan has maintained an Outperform rating on Dutch Bros (NYSE:BROS) and increased the price target from $35 to $37, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 4:21 pm