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BLUE

bluebird bio (NYSE:BLUE) has seen a 4.01% increase in its short percent of float, now at 15.84% with 28.59 million shares sold short. This indicates a bearish market sentiment, although it's higher than its peer group average of 7.02%. The coverage time for short positions is 3.42 days.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 8:00 pm

BBAI

BigBear.ai Holdings (NYSE:BBAI) has seen a 6.4% increase in its short percent of float, now at 19.12% with 9.80 million shares sold short. This indicates a bearish market sentiment, although it's higher than its peer group average of 2.45%. The coverage time for these short positions is approximately 2.96 days.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 8:00 pm

RUSHA

Rush Enterprises (NYSE:RUSHA) has seen a decrease in short interest, now at 6.56% of its float, down 6.42% from the last report. With 3.00 million shares sold short, it would take about 7.5 days for traders to cover their positions. This decline in short interest could indicate a more bullish sentiment towards RUSHA compared to its peers, where the average short interest is 3.66%.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 8:00 pm

IVVD

Shares of Invivyd (IVVD) were halted due to a circuit breaker triggered by a sharp increase, with the stock now up 42.4%. This significant price movement indicates a high level of volatility and investor interest in IVVD.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:58 pm

IVVD

Invivyd's stock price increased following the FDA's emergency use authorization for PEMGARDA, a pre-exposure prophylaxis for COVID-19. Additionally, the company shared interim exploratory data from its CANOPY clinical trial on VYD222.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:56 pm

DWAC

LULU

NKE

NVDA

Nike and lululemon experienced stock drops due to weak guidance, while DWAC saw gains after receiving shareholder approval for a merger. NVIDIA's stock rose following a price target increase from UBS.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:55 pm

ACN

Accenture's stock (ACN) is trading lower due to continued weakness following its Q2 financial results announcement. Additionally, several firms have reduced their price targets for ACN.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:49 pm

STVN

Stevanato Group S.P.A. has seen its shares trading higher following the pricing of an upsized public offering of 12.7 million shares at $26 per share.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:47 pm

SPY

Despite higher interest rates, consumers are in good shape, benefiting savers and those with assets like stocks and real estate. Higher net worth and interest income suggest economic strength, despite fears of a recession and a market correction in July 2023. The SPDR S&P 500 ETF (SPY) experienced a near 10% correction but recovered as markets rallied into 2024. The resilience of the U.S. consumer is highlighted amidst ongoing high interest rates.

Portfolio Pulse from Neil Dennis

March 22, 2024 | 7:47 pm

LI

Li Auto's stock is trading lower after Barclays maintained an Overweight rating but reduced its price target from $56 to $39.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 7:46 pm