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Stock Prices

FMX

Fomento Economico (NYSE:FMX) has seen a 4.35% increase in short interest since the last report, with 1.04 million shares sold short, representing 0.48% of available shares. It would take about 2.03 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, FMX's short interest is below its peer group average of 7.36%. The rise in short interest doesn't necessarily predict a stock price fall, but it suggests traders are more bearish.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:45 pm

WASH

Washington Trust Bancorp (NASDAQ:WASH) has announced a quarterly dividend of 56 cents per share, with the ex-dividend date set for Friday. Investors must own the stock before the ex-dividend date to be eligible for the dividend, which will be paid out on January 12, 2024. The stock is expected to open 56 cents lower on the ex-dividend date to reflect the payout.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:45 pm

SGHT

Shares of Sight Sciences (SGHT) were halted on a circuit breaker due to a rapid increase in price, with the stock surging 40.7%.

Portfolio Pulse from Happy Mohamed

December 26, 2023 | 2:44 pm

CAL

CNXA

EXPR

PAG

SBH

Benzinga Insights identifies five value stocks in the consumer cyclical sector based on low P/E ratios: Penske Automotive Group (PAG), Sally Beauty Holdings (SBH), Express (EXPR), Connexa Sports Techs (CNXA), and Caleres (CAL). PAG's EPS decreased to $3.92 with a rising dividend yield of 2.08%. SBH's EPS dropped to $0.42, EXPR reported a negative EPS of $-9.83, CNXA's EPS fell sharply to $-14.29, and CAL's EPS increased to $1.37 with a slightly reduced dividend yield of 1.0%.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:43 pm

BOSC

CLRO

IMMR

JKS

NOTE

Benzinga Insights has identified five value stocks in the technology sector based on low P/E multiples, indicating they may be undervalued. The stocks include FiscalNote Holdings (NOTE), BOS Better Online Solns (BOSC), ClearOne (CLRO), Immersion (IMMR), and JinkoSolar Holding Co (JKS). The article provides recent earnings per share (EPS) data for each company, noting changes from the previous quarter. FiscalNote Holdings and Immersion saw a decrease in losses, while BOS Better Online Solns and ClearOne experienced a decrease in EPS. JinkoSolar Holding Co's EPS decreased slightly, but it remains significantly positive.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:41 pm

Mastercard Incorporated (NYSE:MA) reported that U.S. retail sales excluding automotive rose by 3.1% year-over-year this holiday season. Online sales surged by 6.3%, while in-store sales increased by 2.2%. Apparel and restaurant sectors saw increases, while jewelry and electronics experienced declines. The data reflects a strong labor market and easing inflation, suggesting a resilient economy despite the Federal Reserve's interest rate hikes.

Portfolio Pulse from Nabaparna Bhattacharya

December 26, 2023 | 2:32 pm

AXSUSD

BTCUSD

ETHUSD

TIAUSD

Bitcoin and Ethereum have fallen below their key levels of $43,000 and $2,300 respectively. The global crypto market cap has decreased by 0.4% to $1.66 trillion. Axie Infinity (AXS) and Celestia (TIA) are among the top losers, while Sei (SEI) is the top gainer over the past 24 hours.

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 2:31 pm

HDB

Over the past 10 years, HDFC Bank (NYSE:HDB) has yielded an average annual return of 14.58%, outperforming the market. A $1000 investment in HDB a decade ago would now be worth $3,860.55. HDFC Bank's market cap stands at $169.56 billion, highlighting the significant growth and the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:30 pm

Over the past 15 years, Brookfield (NYSE:BN) has produced an average annual return of 14.16%, outperforming the market by 2.46% on an annualized basis. With a current market capitalization of $62.09 billion, a $1000 investment in BN 15 years ago would be worth $7,603.72 today. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 2:30 pm

AULT

Ault Alliance, Inc. (AMEX:AULT) projects FY24 gross consolidated revenue of $230M-$240M, driven by growth at Sentinum, Inc., including data center operations and Bitcoin mining. The company has cleared its $38.5M senior secured debt and plans to start operations at a new Montana data center in January 2024, which will house 20 megawatts of initial capacity. This move aims to enhance profitability and cash flow by transitioning Bitcoin mining operations in-house. Ault Alliance's crane rental business, Circle 8 Crane Services, also contributes to the revenue forecast. AULT shares rose 8.92% premarket to $0.089.

Portfolio Pulse from Nabaparna Bhattacharya

December 26, 2023 | 2:29 pm