Latest News for MMG Stock (OTC:MMLTF)

MMG Ltd is engaged in the exploration, development, and mining of zinc, copper, gold, silver, and lead deposits around the world. The group has five reportable operating segments namely Dugald River, Kinsevere, Rosebery, Las Bambas, and others. Las Bambas mine is an open-pit, scalable, long-life copper and molybdenum mining operation; Kinsevere is an open-pit copper mining operation located in the Haut-Katanga Province; Dugald River mine is an underground zinc mining operation located near Cloncurry in North West Queensland; Rosebery is an underground polymetallic base metal mining operation located on Tasmania's west coast; and Other Includes corporate entities in the Group. The majority is from the Las Bambas segment. The key revenue by metal is derived from Copper.

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Stocks That Hit 52-Week Lows On Wednesday

MMG Ltd

Stephens &amp; Co. analyst Matt Olney maintains Home BancShares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOMB#NYSE">HOMB</a>) with a Overweight and raises the price target from $27 to $28.

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HOMB

Stephens & Co. Maintains Overweight on Home BancShares, Raises Price Target to $28

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Economics

$BTC

NFLX

Benzinga Opening Bell Update: Netflix Falls On Q1 Earnings, US Oil Roughly Flat Despite Iran-Israel Conflict, Bitcoin Rises

As he nears his 90th birthday, Italian fashion titan, Giorgio Armani, has indicated potential shifts in the future of his fashion empire, including the possibilities of a merger or an initial public offering (IPO).
In a conversation with <a href="https://www.bloomberg.com/news/articles/2024-04-19/giorgio-armani-succession-fashion-icon-doesn-t-rule-out-merger-ipo">Bloomberg</a>, Armani did not rule out the possibility of his company merging with a larger competitor or going public. 
Despite his long-standing efforts to maintain the independence of his company, Armani stated, &#8220;Independence from large groups could still be a driving value for the Armani Group in the future, but I don't feel I can rule anything out.&#8221;
See Also: <a href="https://www.benzinga.com/news/24/04/38311301/telegram-founder-tells-tucker-carlson-that-billion-user-platform-operates-lean-hr-free-with-only-30?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Telegram Founder Tells Tucker Carlson That Billion-User Platform Operates Lean, HR-Free With Only 30 Staff: &#8216;I Am The Only Product Manager&#8217;</a>
Armani, who holds the majority of Giorgio Armani S.p.A., commonly known as Armani, and boasts a net worth of $6.6 billion, also hinted at a potential IPO. 
&#8220;Listing is something we have not yet discussed, but it is an option that may be considered, hopefully in the distant future,&#8221; he added.
Known for his reluctance to discuss succession plans, Armani disclosed that the fate of his company would be determined by his heirs. He expressed a preference for entrusting his company to a group of trusted confidantes, including his nieces and nephew who currently serve on the company&#8217;s board.
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38314733/teslas-autonomous-driving-efforts-win-praise-from-goldman-sachs-wall-street-firm-pr?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla&#8217;s Autonomous Driving Efforts Win Praise From Goldman Sachs: Wall Street Firm Projects Long-Term Growth From Robotaxi Services</a>
Image by DELBO ANDREA via Shutterstock
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 Engineered by Benzinga Neuro, Edited by 
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Global

IPO Or Merger? Giorgio Armani Contemplates Future Amid Succession Plans: 'I Don't Feel I Can Rule Anything Out'

Truist Securities analyst Terry Tillman reiterates Q2 Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QTWO#NYSE">QTWO</a>) with a Buy and raises the price target from $50 to $60.

Reiteration

QTWO

Truist Securities Reiterates Buy on Q2 Holdings, Raises Price Target to $60

Truist Securities analyst Michael Ciarmoli maintains Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) with a Buy and lowers the price target from $96 to $90.

Truist Securities Maintains Buy on Hexcel, Lowers Price Target to $90

Barrington Research analyst Gary Prestopino reiterates LKQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>) with a Outperform and maintains $60 price target.

Barrington Research Reiterates Outperform on LKQ, Maintains $60 Price Target

U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 100 points on Friday.
Following the market opening Friday, the Dow traded up 0.30% to 37,889.94 while the NASDAQ fell 0.58% to 15,510.91. The S&amp;P 500 also fell, dropping, 0.12% to 5,005.11.
Check This Out: <a href="https://www.benzinga.com/24/04/38333549/jim-cramer-is-willing-to-let-this-pharma-stock-catch-fire-advises-not-to-sell-mckesson">Jim Cramer Is &#8216;Willing To Let This Pharma Stock Catch Fire,&#8217; Advises Not To Sell McKesson</a>
Leading and Lagging Sectors Energy shares climbed by 1% on Friday.
In trading on Friday, communication services shares fell by1.2%.
Top Headline Shares of Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) fell around 8% during Friday's session following first-quarter results.
Netflix reported upbeat earnings and sales results for its first quarter. The company added 9.33 million paid net new subscribers in the first quarter to bring the company to a total of 269.60 million.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Next.e.GO N.V. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGOX#NASDAQ">EGOX</a>) shares shot up 115% to $0.0740.</li>
<li>Shares of Zhongchao Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCMD#NASDAQ">ZCMD</a>) got a boost, surging 48% to $2.14.</li>
<li>AGBA Group Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGBA#NASDAQ">AGBA</a>) shares were also up, gaining 40% to $1.4399 on continued upward momentum after the company announced it entered into a definitive merger agreement with Triller.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Sunshine Biopharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBFM#NASDAQ">SBFM</a>) shares dropped 37% to $2.08. Sunshine Biopharma&#8217;s Nora Pharma received Health Canada approval for<a> Niopeg.</a></li>
<li>Shares of iSpecimen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPC#NASDAQ">ISPC</a>) were down 28% to $0.30.</li>
<li>Tian Ruixiang Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIRX#NASDAQ">TIRX</a>) was down, falling 21% to $0.63.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/24/04/38332596/meta-platforms-pure-storage-and-2-other-stocks-insiders-are-selling">Meta Platforms, Pure Storage And 2 Other Stocks Insiders Are Selling</a>
Commodities In commodity news, oil traded down 1% to $81.90 while gold traded down 0.3% at $2,390.00.
Silver traded down 0.4% to $28.265 on Friday, while copper rose 0.5% to $4.4595.
Euro zone
European shares were lower today. The eurozone's STOXX 600 declined 0.5%, London's FTSE 100 fell 0.7% while Spain's IBEX 35 Index declined 0.7% The German DAX fell 0.7% French CAC 40 fell 0.3% while Italy's FTSE MIB Index slipped 0.3%.
Spain&#8217;s trade gap narrowed to EUR 2.4 billion in February from EUR 2.5 billion in the year-ago month, while Spain&#8217;s consumer confidence indicator climbed to 82.5 in March from 78.5 in February.
Producer prices in Germany fell by 2.9% year-over-year in March compared to a 4.1% decline in the prior month, while retail sales volumes in the UK came in flat for March.
Asia Pacific Markets
Asian markets closed mostly lower on Friday, with Japan's Nikkei 225 dipping 2.66%, Hong Kong's Hang Seng Index falling 0.99%, China's Shanghai Composite falling 0.29% and India's S&amp;P BSE Sensex gaining 0.83%.
Foreign direct investment into China declined by 26.1% year-over-year to CNY 301.67 billion in the first quarter. The business confidence indicator in Hong Kong rose to +2 in the second quarter of from +1 in the prior three-month period. The core consumer price index in Japan increased 2.6% year-over-year in March from 2.8% in February.
Economics
The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET.
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38333390/how-to-earn-500-a-month-from-innovative-industrial-properties-stock">How To Earn $500 A Month From Innovative Industrial Properties Stock</a>

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ZCMD

Dow Surges Over 100 Points; Netflix Shares Slide After Q1 Results

Barrington Research analyst Alexander Paris maintains Stack Cap Gr (TSX:<a class="ticker" href="https://www.benzinga.com/stock/STCK#TSX">STCK</a>) with a Outperform and raises the price target from C$10 to C$12.

TSX:STCK

Barrington Research Maintains Outperform on Stack Cap Gr, Raises Price Target to C$12

Guidance

Schlumberger N.V. Says Free Cash Flow Is Expected To Be Higher In The Second Quarter And To Continue To Rise In The Third And Fourth Quarters

Barrington Research analyst Alexander Paris maintains Carriage Servs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CSV#NYSE">CSV</a>) with a Outperform and maintains $38 price target.

Barrington Research Maintains Outperform on Carriage Servs, Maintains $38 Price Target

Schlumberger N.V. Expects To Expand Adjusted EBITDA Margins By 75 To 100 Basis Points

In a compelling appeal, former Vice President Mike Pence has called on the U.S. Congress to bolster support for Ukraine, warning of the potential broader implications for NATO should Russia prevail.
What Happened: Pence expressed his concerns in a CNN interview on Thursday with Jake Tapper, suggesting that Russian President Vladimir Putin might set his sights on a NATO member if his invasion of Ukraine succeeds, The Hill <a href="https://thehill.com/policy/international/4604070-pence-predicts-putin-will-target-a-nato-country-if-hes-successful-in-ukraine/">reported</a>.
"I have no doubt in my mind having met Vladimir Putin that if Putin were allowed to overrun Ukraine, it would not be long before he crossed the border of a NATO country where our men and women in uniform would be required to fight," Pence said.
This statement was made as the House of Representatives grapples with the decision to provide additional aid to Ukraine, amidst internal conflict over the issue.
House Speaker Mike Johnson (R-La.) is currently spearheading foreign aid legislation that includes support for Ukraine, with a vote expected soon. Despite this, some conservative members of the House are pushing back, arguing that funds should be directed toward U.S. border security instead.
Pence underscored the importance of U.S. leadership in supporting allies such as Israel and Taiwan and sending a clear message to adversaries like Iran and China. He commended Speaker Johnson for his dedication to foreign aid in the face of political challenges.
See Also: <a href="https://www.benzinga.com/news/24/04/38286236/once-trumper-scaramucci-warns-re-electing-ex-president-would-result-in-american-fascism-and-be-very?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">&#8216;Once-Trumper&#8217; Scaramucci Warns Re-Electing Ex-President Would Result In &#8216;American Fascism&#8217; And Be &#8216;Very Bad&#8217; For Business: &#8216;He Wants To Be North American Autocrat&#8217;</a>
Why It Matters: Pence&#8217;s advocacy for Ukraine underscores a broader geopolitical struggle. His <a href="https://www.benzinga.com/news/23/06/33076875/mike-pences-surprise-visit-first-gop-candidate-to-meet-zelenskyy-in-ukraine">unexpected visit to Ukraine</a> in June 2023 marked him as the first GOP presidential candidate to meet with Zelensky, signaling his commitment to the country amid its ongoing conflict with Russia.
Moreover, Russia&#8217;s <a href="https://www.benzinga.com/real-estate/24/04/38188574/russia-seizes-over-650-000-acres-of-farmland-and-other-assets-from-company-with-ties-to-unfriendly-c">recent seizure of over 650,000 acres </a>of farmland and other assets from a company with ties to an &#8216;unfriendly&#8217; country further escalates tensions, highlighting the stakes at play in the region.
Read Next: <a href="https://www.benzinga.com/news/24/04/38270988/elon-musk-reacts-after-trump-posts-screenshot-of-tesla-ceos-post-about-lawfare-not-being-applied-equ?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Elon Musk Reacts After Trump Posts Screenshot Of Tesla CEO&#8217;s Post About &#8216;Lawfare:&#8217; &#8216;Not Being Applied Equally To Joe And Hunter Biden&#8217;</a>
Photo by Gino Santa Maria on Shutterstock
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 Engineered by Benzinga Neuro, Edited by 
 <a href="https://www.benzinga.com/topic/Pooja-Rajkumari" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none">Pooja Rajkumari</a> 
 
 
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 The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. 
 <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none">Learn more.</a>
 
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Politics

Mike Pence Says Russian President Would Attack A NATO Ally Post-Ukraine Conflict: 'I Have No Doubt In My Mind'

BWS Financial analyst Hamed Khorsand maintains Adeia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADEA#NASDAQ">ADEA</a>) with a Buy and maintains $16 price target.

ADEA

BWS Financial Maintains Buy on Adeia, Maintains $16 Price Target

TotalEnergies Marketing USA Partners With OK Petroleum To Bring Broducts To Long Island, NY

Schlumberger N.V. Sees Q2 International Revenue Growth In Mid Single Digits And North America Revenue Growth In Low Single Digits Sequentially

C$80 million investment will create more than 200 new jobs in Ontario
One of North America's largest commercial nuclear manufacturers to get even bigger, driven by increasing demand for clean nuclear energy
BWX Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BWXT#NYSE">BWXT</a>) announced today an investment to expand its Cambridge manufacturing plant. Already one of the largest nuclear commercial manufacturing facilities in North America, the site's increased footprint will enable greater capacity to support ongoing and anticipated customers' investments in Small Modular Reactors, traditional large-scale nuclear and advanced reactors, in Canada and around the world.
The expansion, estimated to cost C$50 million, will increase the facility's footprint 25 percent to 280,000 square feet. Additionally, over the next few years, BWXT will invest approximately C$30 million in advanced manufacturing equipment for the facility that has designed and manufactured hundreds of large nuclear components. This total estimated C$80 million investment will increase capacity significantly, improve productivity and create more than 200 long-term jobs for skilled workers, engineers and support staff in the area.
John MacQuarrie, president of Commercial Operations, BWXT, stated, "Our expansion comes at a time when we're supporting our customers in the successful execution of some of the largest clean nuclear energy projects in the world. At the same time, the global nuclear industry is increasingly being called upon to mitigate the impacts of climate change and increase energy security and independence. By investing significantly in our Cambridge manufacturing facility, BWXT is further positioning our business to serve our customers to produce more safe, clean and reliable electricity in Canada and abroad."
Construction for the BWXT Cambridge Expansion Project is expected to begin in the third quarter of 2024, adjacent to the existing plant, with no interruption to ongoing operations at the current facility. The project is estimated to be completed by the middle of 2026.
Additionally, BWXT's Projects and Field Services business will relocate to a stand-alone 150,000 square foot facility in Kitchener, Ont. The facility in Kitchener will be a state-of -the-art center for training, dynamic learning and technology development supporting the growth of the company's nuclear business.
Mike Rencheck, president and CEO of Bruce Power said, "The nuclear industry is powering Ontario's economy, by supplying clean, reliable electricity, life-saving medical isotopes, and creating thousands of good jobs. We are supporting advanced manufacturing while providing a deeply decarbonized grid to attract new businesses to our province. The expansion at the BWXT facility in Cambridge is another great example of the positive impact our industry can have in communities all across the province. Clean air, cancer-fighting medical treatments, and economic expansion leading Ontario to a better future."
Ken Hartwick, president and CEO of Ontario Power Generation (OPG), said, "As we refurbish our existing nuclear facilities and build new, OPG is also generating jobs and economic activity in Ontario's robust nuclear supply chain. BWXT's planned expansion is a great example of how building out a system to meet Ontario's increasing clean energy needs is also paying dividends for our province's economy."

Contracts

BWXT

BWXT Announces Expansion Of Cambridge Manufacturing Plant To Support Global Nuclear Power Market; C$80 Million Investment Will Create More Than 200 New Jobs In Ontario

Amgen's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NYSE">AMGN</a>) short percent of float has fallen 5.77% since its last report. The company recently reported that it has 10.47 million shares sold short, which is 1.96% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.83 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Amgen Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713534322_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Amgen has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Amgen's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Amgen's peer group average for short interest as a percentage of float is 6.13%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

AMGN

How Is The Market Feeling About Amgen?

Murphy USA's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUSA#NYSE">MUSA</a>) short percent of float has fallen 7.03% since its last report. The company recently reported that it has 1.32 million shares sold short, which is 7.01% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.26 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Murphy USA Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713534317_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Murphy USA has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Murphy USA's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Murphy USA's peer group average for short interest as a percentage of float is 11.50%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

MUSA

(MUSA) - Analyzing Murphy USA's Short Interest

GitLab's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTLB#NYSE">GTLB</a>) short percent of float has risen 27.76% since its last report. The company recently reported that it has 4.09 million shares sold short, which is 3.36% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.82 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>GitLab Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713534312_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for GitLab has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing GitLab's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, GitLab's peer group average for short interest as a percentage of float is 4.37%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

GTLB

How Is The Market Feeling About GitLab?

The legendary burger chain Fatburger, owned by FAT Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FAT#NASDAQ">FAT</a>) is celebrating 4/20 with a special and limited edition offering.
After last year's successful partnership with California-based cannabis edibles maker Kiva Confections for a THC-infused ketchup, Fatburger is returning its $4.20 Original Fatburger for one day only for this year's weed holiday. 
The Original Fatburger is made with 100% pure lean beef, well-grilled, and topped with the freshest ingredients. But, the celebration of&nbsp;Fatbursger's&nbsp;favorite high holiday&nbsp;doesn&#8217;t&nbsp;stop here, as the company shakes the&nbsp;special&nbsp;offering with a free shake for online orders all month&nbsp;long.&nbsp;
"Fatburger has celebrated the high holiday with original activations for our guests for a number of years as we know there's nothing better than an Original Fatburger when you're craving something delicious," Taylor Fischer, Fatburger vice president of marketing told Benzinga. "In years past, Fatburger has partnered with key players in the cannabis space like Kiva and Wonderbrett to create custom cannabis products like the <a href="https://www.benzinga.com/markets/cannabis/23/03/31531832/did-you-say-weed-infused-ketchup-fatburger-and-kiva-team-up-for-the-ultimate-420-canndiment" target="_blank" rel="noreferrer noopener">first of its kind cannabis ketchup</a> and a custom strawberry milkshake cannabis strain." 
Benzinga was curious to know what customers thought of last year&#8217;s weed-infused ketchup and if they were eager for the offering to continue post-holiday. 
"There was an overwhelmingly positive response to our partnership with Kiva&nbsp;and&nbsp;Fatburger was excited&nbsp;to be able&nbsp;to offer our guests such a fun and unique product,"&nbsp;Fischer says.&nbsp;"Guests from all walks of life loved the cannabis-infused ketchup last year and&nbsp;were continuing&nbsp;to crave it for months&nbsp;following&nbsp;its release.&nbsp;We threw an epic launch party that sold out in a matter of hours&nbsp;and&nbsp;yes, we had guests requesting&nbsp;for&nbsp;us to sell the product in our restaurants!"
Ficher notes that with this kind of tradition,&nbsp;Fatburger's&nbsp;guests anxiously await its annual celebration&nbsp;which&nbsp;almost always features a $4.20 Original Fatburger.&nbsp;"We also like adding&nbsp;in&nbsp;a free shake bounceback on our&nbsp;guest&#8217;s&nbsp;next visit to ensure they enjoy visiting again and again when those cravings hit,"&nbsp;she adds.&nbsp;
<h2 class="wp-block-heading" id="h-cannabis-amp-munchies-when-cravings-kick-in">Cannabis &amp; Munchies: When Cravings Kick In</h2>
Marijuana use and&nbsp;munchies&nbsp;often go together. While this has been common knowledge for decades, it was just recently that scientists&nbsp;were able to&nbsp;explain why. A study on rodents,&nbsp;<a href="https://www.nature.com/articles/s41598-023-50112-5" target="_blank" rel="noreferrer noopener">detailed</a>&nbsp;in the journal Scientific Reports and conducted by researchers at Washington State University, sheds light on a mechanism in the brain that stimulates appetite. What scientists have learned is that&nbsp;marijuana activated a set of cells in the hypothalamus when rodents anticipated and consumed palatable<a href="https://www.benzinga.com/markets/cannabis/24/01/36663042/why-does-weed-make-us-hungry-new-fed-funded-study-says-it-activates-specific-hunger-neurons-in-h" target="_blank" rel="noreferrer noopener">&nbsp;food that&nbsp;was not activated&nbsp;in unexposed mice</a>.&nbsp;
"Celebrating 4/20 for Fatburger is predominantly about offering our guests delicious food when they're craving it more than ever," Fischer says. "Our fans are also big late-night eaters, which we are trying to cater to more and more. 4/20 makes for the perfect day for late-night indulgences."
And don't worry about getting a belly from late-night eating, because cannabis has your back. Scientists recently found a possible explanation for a million-dollar question – why are <a href="https://www.benzinga.com/markets/cannabis/23/06/32691165/why-are-cannabis-users-often-lean-despite-the-munchies-science-may-have-the-answer" target="_blank" rel="noreferrer noopener">cannabis users often lean despite the munchies?</a> 
Happy 4/20 everyone, enjoy your cravings, celebrate with your loved ones, have fun and relax. At least one day of the year. 
Courtesy photo

Cannabis

After THC-Infused Ketchup Success, Fatburger Celebrates 4/20 With New Special Offering

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Wednesday, November 27, 2019