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Stock Prices

NXT

NEXTracker's stock price declined following a downgrade by Barclays from Overweight to Equal-Weight, despite an increase in the price target from $55 to $63.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 7:28 pm

TSLA

Tesla, Inc. (NASDAQ:TSLA) reported a decline in Q1 deliveries to 386,810 vehicles from 422,875 a year earlier, with production also dropping. The company cited production challenges, the Red Sea conflict, and an arson attack at Gigafactory Berlin as reasons. Tesla's stock has fallen 14.52% over the past year and 33% year-to-date, with technical indicators showing bearish signals. The stock is trading below key moving averages, and indicators like MACD and Bollinger Bands suggest a bearish outlook, despite the RSI indicating oversold conditions.

Portfolio Pulse from Surbhi Jain

April 02, 2024 | 7:23 pm

PLUG

Plug Power shares are trading lower due to weakness in clean energy vehicle-related stocks, influenced by a rise in yields and Tesla's delivery figures.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 7:23 pm

RDDT

Reddit shares (symbol: RDDT) are experiencing increased trading activity and volatility after the company's recent debut on the New York Stock Exchange (NYSE).

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 7:21 pm

WBA

Walgreens Boots Alliance (WBA) shares are trading higher despite a general downturn in healthcare stocks, following the CMS's finalization of payment updates for the 2025 Medicare Advantage and Medicare Part D programs.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 7:19 pm

MDC

M.D.C. Holdings, Inc. (MDC) stockholders have approved the merger with Sekisui House, Ltd., with MDC stockholders to receive $63.00 per share in cash. The transaction is expected to close in the second quarter of 2024, pending customary closing conditions. Approximately 99.8% of votes were in favor of the merger, indicating strong stockholder support.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 7:17 pm

FCX

Freeport-McMoRan's stock (FCX) is trading higher due to an increase in copper prices.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 7:16 pm

BX

Blackstone's stock (BX) trades lower following a downgrade by UBS from Buy to Neutral, with a reduced price target from $140 to $135.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 7:15 pm

HES

Hess Corporation's (NYSE:HES) short interest has decreased by 18.87% since the last report, with 5.19 million shares sold short, representing 2.58% of its float. The current short interest suggests a bullish sentiment among investors, as it is lower than the peer group average of 6.83%. The decrease in short interest indicates fewer traders are betting against the stock, which could influence its short-term price movement.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 7:15 pm

ETSY

Etsy's (NYSE:ETSY) short interest has decreased by 3.97% since the last report, with 15.56 million shares sold short, representing 15.0% of its float. The current short interest suggests a bearish sentiment, but the decrease indicates a potential shift towards a more bullish outlook. Compared to its peers, Etsy has a higher short interest percentage of 8.38%, indicating more bearish sentiment among investors towards Etsy than its peers.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 7:15 pm