Streetbeat News

Stock Prices

TMC

TMC Metals shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 2:20 pm

SYRE

Stifel analyst Alex Thompson has reiterated a Buy rating on Spyre Therapeutics (NASDAQ:SYRE) and increased the price target from $36 to $54, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 2:18 pm

AAPL

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

The Market Clubhouse Morning Memo for March 26th, 2024, provides trading strategies for SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA based on proprietary formulas. It outlines potential price levels for bullish and bearish scenarios for each asset and highlights the importance of monitoring key economic data releases throughout the day that could impact market dynamics.

Portfolio Pulse from RIPS

March 26, 2024 | 2:15 pm

CVS

CVS Health's (NYSE:CVS) short percent of float has decreased by 16.38% since the last report, with 30.76 million shares sold short, representing 2.45% of available shares. This decrease in short interest could indicate a more bullish sentiment towards CVS Health compared to its peers, where the average short interest as a percentage of float is 10.12%.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 2:15 pm

MMM

3M's (NYSE:MMM) short interest has decreased by 8.33%, now standing at 6.08 million shares or 1.1% of its float. This reduction in short interest, which now takes traders approximately 1.51 days to cover, could indicate a more bullish sentiment towards the stock. Compared to its peers, 3M has a lower short interest percentage of float (1.99%), suggesting it is performing well against similar companies.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 2:15 pm

NKE

Nike's (NYSE:NKE) short interest has increased by 12.06% since the last report, with 15.53 million shares sold short, representing 1.58% of its float. This indicates a bearish market sentiment towards Nike, although it has less short interest compared to its peers' average of 10.22%. The rise in short interest doesn't necessarily predict a near-term price fall but suggests increased bearishness among traders.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 2:15 pm

CTEX

NBCT

NOVA

Sunnova Energy International Inc. (NOVA) shares rose after being named the exclusive national solar and battery storage services provider for The Home Depot, Inc. (HD). This partnership allows Sunnova to offer its services in over 2,000 Home Depot stores across the U.S. and its territories. Despite recent quarterly losses exceeding analyst expectations, the announcement has positively impacted NOVA's stock price, which increased by 13.3%. Investors can also gain exposure to NOVA through ProShares S&P Kensho Cleantech ETF (CTEX) and Neuberger Berman ETF Trust Neuberger Berman Carbon Transition Infrastructure ETF (NBCT).

Portfolio Pulse from Lekha Gupta

March 26, 2024 | 2:13 pm

BOKF

BOK Financial Corp is expected to participate in the share exchange offer recently announced by Visa Inc, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 2:12 pm

IBACU

Trading for the IPO security IBACU was halted but has now resumed as of 10:10 AM ET.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 2:10 pm

APCX

CISS

NBSE

OPGN

STOK

U.S. stocks traded higher with the Nasdaq gaining over 50 points. Consumer discretionary shares rose by 0.7%, while energy shares fell by 0.2%. U.S. durable goods orders increased by 1.4% in February. Stocks like Stoke Therapeutics, C3is Inc., and OpGen saw significant gains, whereas NeuBase Therapeutics, Quhuo Limited, and AppTech Payments Corp experienced sharp declines.

Portfolio Pulse from Avi Kapoor

March 26, 2024 | 2:09 pm