Short interest for TC Energy gives investors a sense of the degree to which investors are betting on the decline of TC Energy's stock. Short interest data is updated every two weeks.

TC Energy Stock (OTC:TCANF), Short Interest Report

TC Energy operates natural gas, oil, and power generation assets in Canada and the United States. The firm operates more than 60,000 miles of oil and gas pipelines, more than 650 billion cubic feet of natural gas storage, and about 4,300 megawatts of electric power.

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ALTERNATE HEALTH CORP ORD by Alternate Health Corp.

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Stocks That Hit 52-Week Lows On Friday

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TC Energy Corp

Abercrombie &amp; Fitch's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) short percent of float has fallen 13.51% since its last report. The company recently reported that it has 4.39 million shares sold short, which is 12.29% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.95 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>Abercrombie &amp; Fitch Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714671921_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Abercrombie &amp; Fitch 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 Abercrombie &amp; Fitch'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>, Abercrombie &amp; Fitch's peer group average for short interest as a percentage of float is 14.25%, 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

Looking Into Abercrombie & Fitch's Recent Short Interest

Teleflex's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFX#NYSE">TFX</a>) short percent of float has risen 20.56% since its last report. The company recently reported that it has 888 thousand shares sold short, which is 2.99% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.15 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>Teleflex Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714671916_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Teleflex 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 Teleflex'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>, Teleflex's peer group average for short interest as a percentage of float is 4.12%, 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.

How Is The Market Feeling About Teleflex?

Cleveland-Cliffs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) short percent of float has risen 16.6% since its last report. The company recently reported that it has 31.19 million shares sold short, which is 8.5% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.58 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>Cleveland-Cliffs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714671911_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Cleveland-Cliffs 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 Cleveland-Cliffs'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>, Cleveland-Cliffs's peer group average for short interest as a percentage of float is 5.68%, which means the company has more 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.

(CLF) - Analyzing Cleveland-Cliffs's Short Interest

BTIG analyst Mark Palmer maintains 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 $48 to $60.

Price Target

Analyst Ratings

QTWO

BTIG Maintains Buy on Q2 Holdings, Raises Price Target to $60

BTIG analyst Mark Massaro maintains NeoGenomics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEO#NASDAQ">NEO</a>) with a Buy and lowers the price target from $23 to $21.

BTIG Maintains Buy on NeoGenomics, Lowers Price Target to $21

Stifel analyst Mark Astrachan maintains Celsius Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) with a Buy and lowers the price target from $95 to $85.

CELH

Stifel Maintains Buy on Celsius Holdings, Lowers Price Target to $85

BTIG analyst Ryan Zimmerman maintains Glaukos (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GKOS#NYSE">GKOS</a>) with a Buy and raises the price target from $107 to $112.

GKOS

BTIG Maintains Buy on Glaukos, Raises Price Target to $112

Stifel analyst Matthew Sheerin maintains CDW (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDW#NASDAQ">CDW</a>) with a Buy and lowers the price target from $265 to $250.

Stifel Maintains Buy on CDW, Lowers Price Target to $250

Stifel analyst Jeffrey Stantial maintains Ballys (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BALY#NYSE">BALY</a>) with a Hold and raises the price target from $11 to $14.

BALY

Stifel Maintains Hold on Ballys, Raises Price Target to $14

Stifel analyst Selman Akyol maintains Archrock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AROC#NYSE">AROC</a>) with a Buy and raises the price target from $20 to $23.

AROC

Stifel Maintains Buy on Archrock, Raises Price Target to $23

Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) is up 7.6% amid significant whale transactions and a the movement of around <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38552945/how-did-shiba-inu-become-the-dogecoin-killer-crypto-whale-thinks-its-mission-and-this-one-">1.75 trillion SHIB</a>.
What Happened:Shiba Inu&#8217;s ecosystem is undergoing significant upgrades, with the recent Bor hard fork on <a href="https://magazine.shib.io/article/6631df2d09453500019691ba">Shibarium</a> targeting critical bug fixes to enhance transaction processing and network performance. 
The upcoming Heimdall hard fork, scheduled for May 3, is expected to further boost transaction confirmation reliability. These developments aim to optimize the blockchain infrastructure for future growth and adoption.
At the Token 2049 conference, Tron founder Justin Sun <a href="https://twitter.com/justinsuntron/status/1785536405571309775">expressed</a> support for meme coin projects, acknowledging their success with market valuations exceeding $10 billion. 
Sun attributed this success to principles like fair launch and community participation, although he noted that traditional finance leaders might not agree with such valuations.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38552945/how-did-shiba-inu-become-the-dogecoin-killer-crypto-whale-thinks-its-mission-and-this-one-">How Did Shiba Inu Become The &#8216;Dogecoin Killer?&#8217; Crypto Whale Thinks &#8216;Its Mission&#8217; And This One Factor Were Key</a>
Why It Matters: In the past 24 hours, Shiba Inu reported a 9.8% surge in prices, with trading volumes approaching $1 billion. 
IntoTheBlock data shows a 67.1% increase in large transaction volume, reaching 138.2 million, and an 11.4% spike in daily active addresses. 
Whale Alert <a href="https://twitter.com/whale_alert/status/1785812478946955387?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1785812478946955387%7Ctwgr%5Edfdae74fa2cf6edc2ce3e441b3358ce77579b1e8%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcoinedition.com%2Fmassive-shib-transfer-raises-concerns-as-analyst-forecasts-bullish-breakout-for-shiba-inu%2F">data</a> highlighted two significant transactions of 875 billion SHIB coins each, worth $39.2 billion, transferred from a Robinhood wallet to an unknown wallet, sparking speculation within the community.
What&#8217;s Next: The influence of&nbsp;<a href="https://www.benzinga.com/money/is-bitcoin-a-good-investment" target="_blank" rel="noreferrer noopener">Bitcoin as an institutional asset class</a>&nbsp;is expected to be thoroughly explored at Benzinga&#8217;s upcoming&nbsp;<a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a>&nbsp;event on Nov. 19.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38564859/are-dogecoin-and-shiba-inu-due-a-bounce-this-trader-sees-bull-flag-forming-for-one-coin">Are Dogecoin And Shiba Inu Due A Bounce? This Trader Sees &#8216;Bull Flag&#8217; Forming For One Coin</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$SHIB

'Dogecoin Killer' Shiba Inu Rallies 7.6%, As 1.75 Trillion SHIB Coins Moved From Robinhood Wallet

Roth MKM analyst Rohit Kulkarni maintains DoorDash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>) with a Neutral and lowers the price target from $121 to $118.

DASH

Roth MKM Maintains Neutral on DoorDash, Lowers Price Target to $118

Bayer AG&#8217;s&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/BAYRY#OTC">BAYRY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BAYZF#OTC">BAYZF</a>)&nbsp;Monsanto&nbsp;unit secured a significant victory. A Washington state appeals court overturned a $185 million verdict against the company over chemical contamination at a Seattle-area school.&nbsp;
This&nbsp;marks the second major legal win for the company in recent weeks. The original lawsuit, brought by three teachers who claimed they suffered brain damage from exposure to now-banned chemicals called polychlorinated biphenyls (PCBs), dates back to 2021 when Monsanto spinoff Pharmacia was found liable.
The state Court of Appeals&nbsp;<a target="_blank" href="https://www.reuters.com/legal/bayers-monsanto-wins-reversal-185-million-pcbs-verdict-washington-court-2024-05-02/" rel="noreferrer noopener">ruled</a>&nbsp;that the lower court improperly applied Missouri laws, where Monsanto is based, Reuters highlights, allowing the claims to&nbsp;be filed&nbsp;decades after the company ceased PCB production in 1977.&nbsp;
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/03/37716027/german-conglomerate-bayer-goes-johnson-johnson-way-to-tackle-its-cancer-related-lawsuits" rel="noreferrer noopener">German Conglomerate Bayer Goes Johnson &amp; Johnson Way To Tackle Its Cancer-Related Lawsuits</a>.
This decision highlights a broader legal battle over PCBs and the alleged cancer-causing effects of glyphosate, the active ingredient in Monsanto&#8217;s&nbsp;<a target="_blank" href="https://www.benzinga.com/news/large-cap/24/01/36842117/weedkiller-woes-australian-court-nears-decision-in-bayers-roundup-trial" rel="noreferrer noopener">Roundup weed killer</a>.
The U.S. government banned PCBs in 1979 after discovering their link to cancer, yet litigation over their effects has persisted, impacting Bayer&#8217;s shares significantly.&nbsp;
Bayer argued that Washington law limits liability for exposure outside a product&#8217;s useful lifespan, typically 12 years.
Despite the victory, the case will return to the lower court to determine if a new trial is necessary.&nbsp;
Bayer faces approximately 200 similar claims from the school, alleging various health issues due to PCB exposure.&nbsp;
The company views the appeals court&#8217;s identification of multiple errors as highly significant and is considering its legal options regarding this ruling and its potential implications on future trials.
The ruling is part of a series of legal battles inherited by Bayer following its acquisition of Monsanto in 2018, including lawsuits alleging Roundup&#8217;s cancer-causing properties.&nbsp;
Financially, Bayer&#8217;s exposure in PCB contamination&nbsp;<a target="_blank" href="https://www.bloomberg.com/news/articles/2024-05-02/monsanto-gets-185-million-pcb-verdict-tossed-in-washington?srnd=markets-vp" rel="noreferrer noopener">claims</a>&nbsp;could surpass $2.5 billion, with over $650 million already paid in settlements over waterway pollution lawsuits, according to&nbsp;Bloomberg Intelligence.
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/large-cap/24/04/38169901/google-partners-with-european-conglomerate-bayer-for-new-ai-powered-solutions-for-radiologists" rel="noreferrer noopener">Google Partners With European Conglomerate Bayer For New AI-Powered Solutions For Radiologists</a>.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Wikimedia Commons

Large Cap

Health Care

Legal

BAYRY

BAYZF

Bayer's Monsanto Scores Legal Victory as $185M Verdict Overturned

HC Wainwright &amp; Co. analyst Edward White reiterates G1 Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GTHX#NASDAQ">GTHX</a>) with a Buy and maintains $9 price target.

Reiteration

GTHX

HC Wainwright & Co. Reiterates Buy on G1 Therapeutics, Maintains $9 Price Target

U.S. stock markets surged during Thursday&#8217;s midday trading session in New York, with major averages all showing gains.
Trader sentiment rebounded thanks to positive signals from corporate earnings and relief after Fed Chair Jerome Powell dismissed the possibility of a rate hike <a href="https://www.benzinga.com/economics/macro-economic-events/24/05/38584705/federal-reserve-takes-cautious-stand-on-inflation-powell-signals-preference-for-r">during Wednesday&#8217;s press conference.</a>
The S&amp;P 500 inched 0.3% up at 12:30 p.m. ET, while the tech-heavy Nasdaq 100 slightly outperformed, up 0.6%. Semiconductors stood out as a bright spot, buoyed by <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38588728/5-qualcomm-analysts-highlight-q2-results-q3-guidance-solid-beat-and-raise-amid-carn">robust quarterly results and optimistic guidance</a> from Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>). The iShares Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NYSE">SOXX</a>) rose 1.2%, after plummeting 3.4% Wednesday. 
Small caps fared better than large caps, with the iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) up 1%. 
Treasury yields moved slightly lower after Wednesday&#8217;s Federal Open Market Committee (FOMC) meeting indicating reduced fears on potential upward moves in interest rates. The policy-sensitive 2-year yield fell to 4.9%, after touching 5.05% on Wednesday. 
Commodities slid, with gold dropping by 0.8% and West Texas Intermediate (WTI) light crude declining by 0.5% to $78 a barrel, poised to close at its lowest level since Mar. 13, 2024.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) slightly rebounded to $59,000 after tumbling to as low as $56,500 Wednesday. 
<h1 class="wp-block-heading">Thursday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,000.82</td>
<td>1.0%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>17,396.76</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>37,994.03</td>
<td>0.3%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,028.09</td>
<td>0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:37 p.m. EDT</figcaption></figure>
The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.4% to $502.18, the&nbsp;SPDR Dow Jones Industrial Average (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.4% to $380.46 and the tech-heavy&nbsp;Invesco QQQ Trust&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rocketed 0.6% to $424.21, according to&nbsp;<a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.&nbsp;
Sector-wise, the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 0.7%, followed by the Consumer Staples Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>), up 0.6%. The Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) was the major laggard, down 1%.
<h1 class="wp-block-heading">Thursday&#8217;s Stock Movers</h1>
<ul>
<li>Linde plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>) fell 5.8% after the company missed quarterly revenue estimates. </li>
<li>Other stocks reacting to earnings were ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>) down 1.6%, Regeneron Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>) up 3.8%, Cigna Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CI#NYSE">CI</a>) down 2.4%, Southern Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>) up 0.6%, Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>) up 6%, Moodys Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCO#NYSE">MCO</a>) down 1%, Apollo Global Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) up 3.9%, Moderna Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>) up 9%, American International Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>) up 1.9%, MetLife Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MET#NYSE">MET</a>) down 4% and DoorDash Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>). </li>
<li>Notable companies reporting after the close include Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amgen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>), Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), EOG Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EOG#NYSE">EOG</a>), MercadoLibre Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>), Pioneer Natural Resource Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PXD#NYSE">PXD</a>), Monster Beverage Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>), Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) and Fortinet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>). </li>
</ul>
Read Now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/38590992/sell-in-may-and-go-away-does-the-trading-strategy-hold-up-in-election-years">Sell In May And Go Away: Does The Trading Strategy Hold Up In Election Years?</a>
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Earnings

Earnings Beats

Earnings Misses

Equities

Macro Economic Events

Market Summary

Broad U.S. Equity ETFs

Commodities

Economics

Federal Reserve

ETFs

$BTC

AAPL

AMGN

BKNG

COIN

SPDR Dow Jones Industrial Average ETF Trust

FTNT

MELI

MNST

MRNA

QCOM

REGN

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Wall Street Inches Up After Powell's Inflation Remarks; Chipmakers Rebound; Gold, Crude Falter: What's Driving Markets Thursday?

B. Riley Securities analyst Craig Ellis maintains FormFactor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FORM#NASDAQ">FORM</a>) with a Buy and raises the price target from $52 to $54.

FORM

B. Riley Securities Maintains Buy on FormFactor, Raises Price Target to $54

<a href="https://www.wsj.com/business/deals/sony-apollo-make-26-billion-all-cash-offer-for-paramount-ade26ca4?mod=hp_lead_pos1" title="https://www.wsj.com/business/deals/sony-apollo-make-26-billion-all-cash-offer-for-paramount-ade26ca4?mod=hp_lead_pos1">https://www.wsj.com/business/deals/sony-apollo-make-26-billion-all-cash-offer-for-paramount-ade26ca4?mod=hp_lead_pos1</a>

PARA

Sony Group Corporation American Depositary Shares

SONY

CORRECTION: 'Sony, Apollo Make $26 Billion All-Cash Offer for Paramount' -Wall Street Journal

Plug Power, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLUG#NASDAQ">PLUG</a>) shares are&nbsp;<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading higher on Thursday.</a>
The company said it received contracts to supply cryogenic equipment to a multinational industrial gas company and&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/g38577403/plug-continues-to-expand-cryogenic-sales-with-multiple-customer-agreements-and-international-expan" rel="noreferrer noopener">a statewide electric utility company.&nbsp;</a>
In 2021, Plug acquired Applied Cryo Technologies, Inc., adding the technology, equipment&nbsp;and&nbsp;services for&nbsp;the transportation, storage, and distribution of&nbsp;liquefied gases.
Apart from the latest development, Plug Power said it is in the advanced stages of completing an agreement to supply cryogenic equipment to another leading industrial gas company.
The company confirmed that it is gearing up to supply five cryogenic trailers for the Canadian market to facilitate the transport of essential cryogenic industrial gasses like nitrogen, argon, and oxygen.
Deliveries for this equipment&nbsp;are expected&nbsp;in early 2025, according to a press release.
In a distinct deal with a statewide electricity utility, Plug also secured a purchase order for LNG cryogenic mobile storage equipment, delivery starting in the fourth quarter.
In addition, Plug secured a deal with a&nbsp;major&nbsp;industrial gas firm for eight cryogenic trailers for U.S. and Canadian markets,&nbsp;with deliveries&nbsp;starting by the second half of 2025.
Plug CEO Andy Marsh: &#8220;With extensive expertise designing and manufacturing cryogenic solutions, including liquid storage tanks, delivery trailers, vaporizers, portable equipment, and integrated control systems, we are successfully building&nbsp;long term&nbsp;strategic&nbsp;partnership&nbsp;with customers and supporting their need to get their gas products to market through liquefaction and truck trailer transportation.&#8221;
Price Action:&nbsp;PLUG shares are trading higher by 6.09% to $2.44 at last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Shutterstock

Contracts

PLUG

Why Plug Power Shares Are Surging Thursday

B. Riley Securities analyst Dave Kang maintains Extreme Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXTR#NASDAQ">EXTR</a>) with a Buy and raises the price target from $14 to $15.

EXTR

B. Riley Securities Maintains Buy on Extreme Networks, Raises Price Target to $15

HC Wainwright &amp; Co. analyst Arthur He reiterates Poseida Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSTX#NASDAQ">PSTX</a>) with a Buy and maintains $20 price target.

PSTX

HC Wainwright & Co. Reiterates Buy on Poseida Therapeutics, Maintains $20 Price Target