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DKNG

DraftKings' stock price increased following Mizuho's initiation of coverage with a Buy rating and a $58 price target.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 7:16 pm

DHR

Danaher Corporation's (NYSE:DHR) short interest has decreased by 5.38% since the last report, with 5.80 million shares currently sold short, representing 0.88% of its float. The average time to cover these short positions is 2.37 days. This decline in short interest could indicate a more bullish sentiment towards DHR among investors. Additionally, compared to its peers, Danaher has a lower short interest percentage of float, with an average of 5.03% among its peers.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 7:15 pm

CHT

Chunghwa Telecom (NYSE:CHT) has seen a 50% increase in short interest since its last report, with 433 thousand shares sold short, representing 0.06% of its float. This increase in short interest could indicate a bearish market sentiment towards CHT, despite it being lower than its peer group average of 3.26% short interest as a percentage of float. The article suggests that while an increase in short interest signals more bearish sentiment, it does not necessarily predict a near-term price fall.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 7:15 pm

DASH

DoorDash's (NYSE:DASH) short interest has decreased by 15.46% since the last report, with 12.67 million shares sold short, representing 3.39% of its float. This decrease in short interest could indicate a more bullish sentiment towards DASH among investors. The company's short interest is below its peer group average of 10.27%, suggesting it is less shorted compared to its peers.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 7:15 pm

APA

APA shares declined following Goldman Sachs' decision to maintain a Sell rating and reduce the price target from $35 to $31.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 7:14 pm

AGG

BND

TLT

Bond yields remain above 4% despite expectations of Fed rate cuts, influenced by recent economic data and inflation concerns. The S&P 500 reached record highs with investors pricing in rate cuts. Treasury yields, crucial for mortgage rates and borrowing costs, are closely watched, with the 10-year U.S. Treasury note at 4.25%. Investors' expectations for rate cuts have moderated, affecting bond ETFs like BND, AGG, and TLT.

Portfolio Pulse from Natan Ponieman

March 26, 2024 | 7:14 pm

CSX

CSX has announced that its existing coal customers might face 'potential shipment delays' due to the collapse of a bridge in Baltimore. Despite this setback, the company plans to keep the Curtis Bay Coal Pier operational for the time being, as reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 7:08 pm

APCX

CDLX

GDS

MESO

OPGN

SNX

STOK

TD SYNNEX Corporation (NYSE:SNX) reported Q1 earnings surpassing estimates with an EPS of $2.99 against the expected $2.84, despite missing revenue forecasts. U.S. stocks, including the Dow Jones, NASDAQ, and S&P 500, saw gains. Consumer discretionary shares led gains, while utilities fell. Stoke Therapeutics, Mesoblast Ltd, and OpGen saw significant stock price increases, whereas Cardlytics, GDS Holdings, and AppTech Payments experienced declines. Oil prices dropped slightly, while gold saw a minor increase.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 7:08 pm

F

Ford shares are trading lower following the company's announcement that it expects its supply chain to be lengthened due to the Baltimore bridge collapse.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 7:04 pm