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Wetouch Technology Stock (NASDAQ:WETH), Trade Ideas

Wetouch Technology Inc is a touch panel supplier focused on R & D, production and sales of touch screen products. It offers touchscreens for a variety of applications, including GPS/car entertainment panels for automotive industry, industrial human-machine interface, financial and banking terminals, point of sale, lottery and gaming machines, smart home, robots and charging stations. The company sells touchscreen products both domestically in China and internationally, covering the majority of areas in China, Taiwan, South Korea, and Germany.

Wetouch Technology

Wetouch Technology Inc

J.D. WEATHERSPOON PLC by J.D. Wetherspoon PLC

Wetherspoon (J D) PLC

J.D. WETHERSPOON S/ADR by J.D. Wetherspoon PLC

Safe &amp; Green Holdings Corp. (NASDAQ:<a href="https://www.benzinga.com/stock/SGBX#NASDAQ">SGBX</a>) ("Safe &amp; Green Holdings" or the "Company"), a leading developer, designer, and fabricator of modular structures, announced today that Safe and Green Holdings has entered into an agreement to manufacture four container based electrical distribution centers as part of a multi-unit order for a client serving the big box retailer market.
A modular electrical distribution center offers a flexible and customizable solution for distributing electricity from a single source to multiple destinations. The unit excels in versatility and dependability, efficiently managing and distributing electrical power, and is easily adaptable to evolving technologies and escalating power requirements.
Paul Galvin, Chairperson and CEO of Safe and Green Holdings stated, "We are pleased that we have entered into this agreement to produce the first four units of what we anticipate will be a 20-unit order for 2024. Over the years, Safe and Green has manufactured over a hundred of these modular electrical distribution center units, and we are excited to be manufacturing them again. The versatility of these units allows for electrical distribution wherever and whenever it's needed, once again highlighting one of the key advantages of modular construction."

News

Contracts

SGBX

Safe & Green Holdings Announces It Has Entered Into An Agreement To Produce 4 Modular Electrical Distribution Centers As Part Of A Multi-Unit Order For A Client Serving The Big Box Retailer Market; No Financial Terms Disclosed

POCI

Precision Optics Wins $1.26M Follow On Production Order From Defense Company

BCDA

BioCardia Completes Enrollment Of CardiAMP Cell Therapy For Treatment Of Chronic Myocardial Ischemia Trial Open Label Roll-In Cohort

Offerings

INMB

INmune Bio Announces $9.7M Registered Direct Offering Of 986,000 Shares And Warrants At $9.84/Share And Accompanying Warrant

John Marshall Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JMSB#NASDAQ">JMSB</a>) reported quarterly earnings of $0.30 per share. This is a 31.82 percent decrease over earnings of $0.44 per share from the same period last year.

Earnings

JMSB

John Marshall Bancorp Q1 EPS $0.30 Down From $0.44 YoY

Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) reported better-than-expected <a href="https://www.benzinga.com/news/earnings/24/04/38417218/chipotle-mexican-grill-q1-earnings-revenue-beat-eps-beat-comparable-sales-up-7-and-more">first-quarter financial results</a>.
Chipotle said first-quarter revenue increased 14.1% year-over-year to $2.702 billion, which beat the consensus estimate of $2.675 billion, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. The fast-casual restaurant chain company reported adjusted earnings of $13.37 per share, which beat analyst estimates of $11.68 per share.
Comparable restaurant sales increased 7% year-over-year due to higher transactions and a 1.6% increase in average check.
"We had another outstanding quarter driven by our improvement in throughput and successful marketing initiatives, including Braised Beef Barbacoa and Chicken Al Pastor, which drove strong sales and transactions," said Brian Niccol, chairman and CEO of Chipotle.
Chipotle expects full-year 2024 comparable restaurant sales growth in the mid- to high-single-digit range. The company anticipates opening between 285 and 315 new restaurants in 2024 with over 80% including a Chipotlane.
Chipotle shares gained 0.4% to close at $2,926.76 on Wednesday.
These analysts made changes to their price targets on Chipotle following earnings announcement.
<ul>
<li>TD Cowen boosted the price target on Chipotle from $3,400 to $3,500. TD Cowen analyst Andrew Charles maintained a Buy rating.</li>
<li>Stephens &amp; Co. boosted the price target on Chipotle from $3,010 to $3,050. Stephens &amp; Co. analyst Jim Salera maintained an Equal-Weight rating.</li>
<li>Baird increased the price target on Chipotle from $3,250 to $3,500. Baird analyst David Tarantino maintained an Outperform rating.</li>
<li>Wedbush increased the price target on Chipotle from $2,850 to $3,200. Wedbush analyst Nick Setyan maintained a Neutral rating.</li>
<li>Oppenheimer raised the price target on Chipotle from $2,825 to $3,300. Oppenheimer analyst Brian Bittner reiterated an Outperform rating.</li>
<li>Piper Sandler increased the price target on Chipotle from $2,442 to $3,070. Piper Sandler analyst Brian Mullan maintained a Neutral rating.</li>
</ul>
Read This: <a href="https://www.benzinga.com/24/04/38429015/jim-cramer-youre-dice-rolling-with-this-biopharma-stock-but-vista-energy-is-a-good-situation">Jim Cramer: You&#8217;re &#8216;Dice Rolling&#8217; With This Biopharma Stock, But Vista Energy Is &#8216;A Good Situation&#8217;</a>

Price Target

Trading Ideas

Chipotle Mexican Grill Analysts Raise Their Forecasts After Better-Than-Expected Earnings

JP Morgan analyst Tycho Peterson maintains Thermo Fisher Scientific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMO#NYSE">TMO</a>) with a Overweight and raises the price target from $600 to $650.

Analyst Ratings

JP Morgan Maintains Overweight on Thermo Fisher Scientific, Raises Price Target to $650

Vertiv Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) has been analyzed by 11 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $86.09, a high estimate of $102.00, and a low estimate of $56.00. This upward trend is evident, with the current average reflecting a 19.9% increase from the previous average price target of $71.80.
<img src="https://www.benzinga.com/files/images/story/2024/1714050044_0.png" alt="price target chart" />
<h2>Decoding Analyst Ratings: A Detailed Look</h2>
A comprehensive examination of how financial experts perceive Vertiv Hldgs is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$100.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Noah Kaye</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$98.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Stephen Tusa</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$95.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Andrew Kaplowitz</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Buy</td>
<td>$102.00</td>
<td>$69.00</td>
</tr>
<tr>
<td>Amit Daryanani</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$90.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Noah Kaye</td>
<td>Oppenheimer</td>
<td>Announces</td>
<td>Outperform</td>
<td>$96.00</td>
<td>-</td>
</tr>
<tr>
<td>Andrew Obin</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$90.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Amit Daryanani</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$80.00</td>
<td>$75.00</td>
</tr>
<tr>
<td>Stephen Trent</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$65.00</td>
<td>$53.00</td>
</tr>
<tr>
<td>Brett Linzey</td>
<td>Mizuho</td>
<td>Raises</td>
<td>Neutral</td>
<td>$56.00</td>
<td>$50.00</td>
</tr>
<tr>
<td>Amit Daryanani</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$75.00</td>
<td>$55.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Vertiv Hldgs. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Vertiv Hldgs compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Vertiv Hldgs's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Vertiv Hldgs's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/VRT/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Vertiv Hldgs analyst ratings.</a>
<h2>Get to Know Vertiv Hldgs Better</h2>
Vertiv Holdings Co brings together hardware, software, analytics and ongoing services to ensure its customers vital applications run continuously, perform optimally and grow with their business needs. The company solves the important challenges faced by data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Its services include critical power, thermal management, racks and enclosures, monitoring and management, and other services. Its three business segments include the Americas, Asia Pacific; and Europe, Middle East &amp; Africa.
<h3>Financial Milestones: Vertiv Hldgs's Journey</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Over the 3 months period, Vertiv Hldgs showcased positive performance, achieving a revenue growth rate of 12.74% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 12.47%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Vertiv Hldgs's ROE stands out, surpassing industry averages. With an impressive ROE of 12.48%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Vertiv Hldgs's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 3.02%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.55, caution is advised due to increased financial risk.
<h2>How Are Analyst Ratings Determined?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where Vertiv Hldgs Stands With Analysts

During the last three months, 4 analysts shared their evaluations of MaxLinear (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NASDAQ">MXL</a>), revealing diverse outlooks from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for MaxLinear, revealing an average target of $27.0, a high estimate of $30.00, and a low estimate of $25.00. This upward trend is evident, with the current average reflecting a 5.88% increase from the previous average price target of $25.50.
<img src="https://www.benzinga.com/files/images/story/2024/1714050036_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
In examining recent analyst actions, we gain insights into how financial experts perceive MaxLinear. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Quinn Bolton</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$25.00</td>
<td>-</td>
</tr>
<tr>
<td>David Williams</td>
<td>Benchmark</td>
<td>Raises</td>
<td>Buy</td>
<td>$28.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Tim Savageaux</td>
<td>Northland Capital Markets</td>
<td>Announces</td>
<td>Outperform</td>
<td>$30.00</td>
<td>-</td>
</tr>
<tr>
<td>Quinn Bolton</td>
<td>Needham</td>
<td>Lowers</td>
<td>Buy</td>
<td>$25.00</td>
<td>$28.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to MaxLinear. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of MaxLinear compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for MaxLinear's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of MaxLinear's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/MXL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on MaxLinear analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>Get to Know MaxLinear Better</h2>
MaxLinear Inc is a provider of radio frequency and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks. The company's radio frequency receiver products capture and process digital and analog broadband signals to be decoded for various applications. MaxLinear's product options include both radio frequency receivers and radio frequency receiver systems-on-chips. The company's products enable the distribution and display of broadband video and data content in a wide range of electronic devices. Customers for MaxLinear include original equipment manufacturers, module makers, and original design manufacturers.
<h3>MaxLinear: Delving into Financials</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining MaxLinear's financials over 3 months reveals challenges. As of 31 December, 2023, the company experienced a decline of approximately -56.86% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: MaxLinear's net margin is impressive, surpassing industry averages. With a net margin of -30.71%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): MaxLinear's ROE stands out, surpassing industry averages. With an impressive ROE of -5.54%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): MaxLinear's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -3.53%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a below-average debt-to-equity ratio of 0.23, MaxLinear adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Critical Insights From MaxLinear Analyst Ratings: What You Need To Know

Piper Sandler analyst Korinne Wolfmeyer maintains Inter Parfums (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPAR#NASDAQ">IPAR</a>) with a Overweight and lowers the price target from $176 to $172.

IPAR

Piper Sandler Maintains Overweight on Inter Parfums, Lowers Price Target to $172

Wedbush analyst Seth Basham reiterates Carvana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>) with a Neutral and raises the price target from $60 to $80.

Reiteration

CVNA

Wedbush Reiterates Neutral on Carvana, Raises Price Target to $80

Elevance Health's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>) short percent of float has fallen 10.89% since its last report. The company recently reported that it has 2.09 million shares sold short, which is 0.9% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.97 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>Elevance Health Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714050029_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Elevance Health 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 Elevance Health'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>, Elevance Health's peer group average for short interest as a percentage of float is 4.16%, 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

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

Looking Into Elevance Health's Recent Short Interest

News's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NWSA#NYSE">NWSA</a>) short percent of float has fallen 6.58% since its last report. The company recently reported that it has 8.57 million shares sold short, which is 2.27% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.62 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>News Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714050023_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for News 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 News'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>, News's peer group average for short interest as a percentage of float is 4.35%, 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.

NWSA

Peering Into News's Recent Short Interest

Alcoa's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) short percent of float has risen 8.99% since its last report. The company recently reported that it has 14.37 million shares sold short, which is 10.3% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.34 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>Alcoa Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1714050017_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Alcoa 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 Alcoa'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>, Alcoa's peer group average for short interest as a percentage of float is 4.94%, 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.

Looking Into Alcoa's Recent Short Interest

Analysts' ratings for Tyler Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) over the last quarter vary from bullish to bearish, as provided by 10 analysts.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $497.0, a high estimate of $526.00, and a low estimate of $434.00. This upward trend is evident, with the current average reflecting a 4.11% increase from the previous average price target of $477.40.
<img src="https://www.benzinga.com/files/images/story/2024/1714050018_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The analysis of recent analyst actions sheds light on the perception of Tyler Technologies by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Joshua Reilly</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$500.00</td>
<td>-</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$520.00</td>
<td>$520.00</td>
</tr>
<tr>
<td>Trevor Walsh</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$490.00</td>
<td>-</td>
</tr>
<tr>
<td>Peter Heckmann</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Neutral</td>
<td>$434.00</td>
<td>$412.00</td>
</tr>
<tr>
<td>Trevor Walsh</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$490.00</td>
<td>-</td>
</tr>
<tr>
<td>Clarke Jeffries</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$520.00</td>
<td>$480.00</td>
</tr>
<tr>
<td>Joshua Reilly</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$500.00</td>
<td>-</td>
</tr>
<tr>
<td>Alexei Gogolev</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$526.00</td>
<td>$500.00</td>
</tr>
<tr>
<td>Joshua Reilly</td>
<td>Needham</td>
<td>Raises</td>
<td>Buy</td>
<td>$500.00</td>
<td>$475.00</td>
</tr>
<tr>
<td>Trevor Walsh</td>
<td>JMP Securities</td>
<td>Maintains</td>
<td>Market Outperform</td>
<td>$490.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Tyler Technologies. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Tyler Technologies compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Tyler Technologies's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Tyler Technologies's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/TYL/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Tyler Technologies analyst ratings.</a>
<h2>Delving into Tyler Technologies's Background</h2>
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
<h3>Unraveling the Financial Story of Tyler Technologies</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Tyler Technologies's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 6.35%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Tyler Technologies's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 8.09%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Tyler Technologies's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.34%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Tyler Technologies's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.84%, the company may face hurdles in achieving optimal financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.24, Tyler Technologies adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For Tyler Technologies

STMicroelectronics NV&nbsp;(NYSE:&nbsp;STM) reported&nbsp;a first-quarter revenue decline of 18.4% year-on-year to $3.47 billion, missing the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/g38421803/stmicroelectronics-reports-2024-first-quarter-financial-results" rel="noreferrer noopener">consensus of $3.62 billion</a>.&nbsp;EPS of $0.54 missed the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus of $0.59</a>.
Sales to OEMs decreased by 11.5% Y/Y, and Distribution sales fell&nbsp;by 30.8% Y/Y.
Analog products, MEMS, and&nbsp;Sensors (AM&amp;S) segment revenue declined 13.1% Y/Y to $1.22 billion, mainly&nbsp;due to a decrease in MEMS and&nbsp;Imaging.
Power and&nbsp;Discrete&nbsp;products (P&amp;D) segment revenue decreased 9.8% Y/Y to $820 million mainly due to a decrease in&nbsp;Discrete.
Microcontrollers (MCU) segment revenue reduced 34.4% Y/Y to $950 million, mainly&nbsp;due to a decrease in GP MCU.
Digital&nbsp;ICs and RF products (D&amp;RF) segment revenue decreased 2.1%&nbsp;Y/Y&nbsp;to $475 million due to a decrease in ADAS.
Margins:&nbsp;The gross margin declined by 800 bps to 41.7%, mainly due to the combination of the sales price and product mix, unused capacity charges, and reduced manufacturing efficiencies. The operating margin decreased by 1,240 bps to 15.9%.
STMicroelectronics used $(134) million in free cash flow and held $6.24 billion in cash and equivalents as of March 30, 2024. It generated an operating cash flow of $859 million.
Jean-Marc Chery, ST President &amp; CEO, commented: &#8220;Q1 net revenues and gross margin both came in below the midpoint of our business outlook range, driven by lower revenues in Automotive and Industrial, partially offset by higher revenues in Personal Electronics.&#8221;
&#8220;During the quarter, Automotive semiconductor demand slowed down compared to our expectations, entering a deceleration phase, while the ongoing Industrial correction accelerated.&#8221;
Outlook: STMicroelectronics expects fiscal second-quarter 2024 revenue of $3.20 billion, a decrease of about 7.6% sequentially, plus or minus 350 bps (<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus $3.80 billion</a>). The company expects a gross margin of 40.0%, plus or minus 200 bps.
It now expects fiscal 2024 revenue of $14 billion&nbsp;&#8211; $15&nbsp;billion (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36778747/auto-sales-q4-growth-for-stmicroelectronics-more-than-offset-by-sensors-decline-expects-to-spill-ov" rel="noreferrer noopener">prior $15.9 billion&nbsp;– $16.9&nbsp;billion</a>) versus consensus of $16.12 billion and a gross margin in the low 40% (prior low to mid-40%).
For 2024, the company maintained a $2.5 billion net Capex outlook.&nbsp;
STMicroelectronics&nbsp;stock lost 7% in the last 12 months. Investors can gain exposure to the stock via&nbsp;Return Stacked Bonds &amp; Managed Futures ETF Veridien Climate Action ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLIA#NYSE">CLIA</a>) and&nbsp;Columbia ETF Trust I Columbia Seligman Semiconductor And Technology ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMI#NYSE">SEMI</a>).
Price Action:&nbsp;STM shares are trading higher by 1.50% at $42.77 premarket at&nbsp;the last check on Thursday.

Guidance

Tech

CLIA

SEMI

Not All Chipmakers Are Doing Great; STMicroelectronics Lowers Annual Outlook After Q1 Performance

Piper Sandler analyst Andrew Liesch maintains Capitol Federal Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CFFN#NASDAQ">CFFN</a>) with a Neutral and lowers the price target from $6 to $5.5.

CFFN

Piper Sandler Maintains Neutral on Capitol Federal Finl, Lowers Price Target to $5.5

Politics

General

iShares MSCI Israel Capped Investable Market Index Fund

U.S. 17 Other Nations Call On Hamas To Release Hostages In Gaza

JP Morgan analyst Stephen Tusa maintains Vertiv Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>) with a Overweight and raises the price target from $95 to $100.

JP Morgan Maintains Overweight on Vertiv Hldgs, Raises Price Target to $100

Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) shares are trading lower on the heels of the company&#8217;s first-quarter financial results. Here&#8217;s a <a href="https://www.benzinga.com/quote/CMCSA">rundown of the report</a>.
What To Know: Comcast said first-quarter revenue increased 1.2% year-over-year to $30.058 billion, which beat the&nbsp;<a href="https://www.benzinga.com/calendars/earnings" target="_blank" rel="noreferrer noopener">consensus estimate</a>&nbsp;of $29.811 billion, according to&nbsp;<a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>. The company reported quarterly earnings of $1.04 per share, which beat analyst estimates of 99 cents per share.
Comcast said it generated $4.5 billion in free cash flow during the quarter. 
Domestic broadband average rate per customer increased&nbsp;4.2% and domestic wireless customer lines Increased&nbsp;21%, including net additions of 289,000. Peacock paid subscribers increased 55% year-over-year to 34 million, including net additions of 3 million in the first quarter.
&#8220;We delivered double-digit growth in Adjusted EPS and free cash flow while returning&nbsp;$3.6 billion&nbsp;to shareholders, investing aggressively in our businesses, and maintaining our strong balance sheet,&#8221; &nbsp;said Brian Roberts, chairman and CEO of Comcast.
&#8220;We grew broadband ARPU over&nbsp;4%, delivered&nbsp;7%&nbsp;revenue growth in our connectivity businesses, and expanded our Adjusted EBITDA margin across Connectivity &amp; Platforms.&#8221;
Management will hold a conference call to discuss these results at 8:30 a.m. ET.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/04/38416273/meta-platforms-q1-earnings-highlights-facebook-owner-beats-estimates-but-guidance-higher-costs-ding">Meta Platforms Q1 Earnings Highlights: Facebook Owner Beats Estimates, But Guidance, Higher Costs Ding Stock</a>
CMCSA Price Action: <a href="https://www.benzinga.com/quote/CMCSA">Comcast shares</a> were down 3.62% at $38.76 at the time of publication, according to <a href="https://benzinga.grsm.io/gxjhpowx7zks" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Photo: rarrarorro from Shutterstock.

Movers

CMCSA

Comcast Q1 Earnings: Revenue Beat, EPS Beat, Peacock Subscribers Up 55% YoY And More

Altisource Portfolio Solutions, Fathom Holdings in real estate losers

Medical Properties Trust, Forestar, Office Properties Income Trust in real estate gainers

SMR, GCTS and GSIW among mid-day movers

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Pre-market stock movers are a hot topic on Thursday as we check out all of the biggest stories moving shares this morning!



Moving stocks this morning are public debuts, earnings reports and more.



Let&rsquo;s get into that news down below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Avalo Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/avtx-stock-quote/">AVTX</a>) stock is rocketing more than 268% after announcing a <a href="https://www.globenewswire.com/news-release/2024/03/27/2853595/0/en/Avalo-Acquires-Anti-IL-1%CE%B2-mAb-and-Announces-Private-Placement-Financing-of-up-to-185-Million.html">$185 million private placement</a>.</li>



<li>Binah Capital (NASDAQ:<a href="https://investorplace.com/stock-quotes/bcg-stock-quote/">BCG</a>) shares are soaring over 98% <a href="https://www.prnewswire.com/news-releases/binah-capital-group-inc-announces-listing-on-nasdaq-stock-market-llc-302098940.html">after going public yesterday</a>.</li>



<li>Kidpik (NASDAQ:<a href="https://investorplace.com/stock-quotes/pik-stock-quote/">PIK</a>) stock is surging more than 62% after <a href="https://www.nasdaq.com/press-release/kidpik-regains-compliance-with-the-nasdaq-minimum-bid-price-requirement-2024-03-25">regaining listing compliance</a>.</li>



<li>Cazoo (NYSE:<a href="https://investorplace.com/stock-quotes/czoo-stock-quote/">CZOO</a>) shares are gaining over 35% as it continues a recent rally.</li>



<li>Kintara Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/ktra-stock-quote/">KTRA</a>) stock is increasing more than 32% after <a href="https://ng.investing.com/news/stock-market-news/kintara-broadens-rem001-study-to-include-key-drug-93CH-1276596">expanding a clinical trial</a>.</li>



<li>Andretti Acquisition (NYSE:<a href="https://investorplace.com/stock-quotes/wnnr-stock-quote/">WNNR</a>) shares are rising over 21% as it <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318185968&amp;type=PDF&amp;symbol=WNNR&amp;cdn=7a2f6b4131d0baa08c51e9a752745d39&amp;companyName=Andretti+Acquisition+Corp.+Class+A&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-26">closes in on a merger deal</a>.</li>



<li>Keyarch Acquisition (NASDAQ:<a href="https://investorplace.com/stock-quotes/kych-stock-quote/">KYCH</a>) stock is heading more than 20% higher as it <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318192433&amp;type=PDF&amp;symbol=KYCH&amp;cdn=d7ba84dd643c6f1ac06409af8b5eeb0c&amp;companyName=Keyarch+Acquisition+Corporation&amp;formType=425&amp;formDescription=Prospectuses+and+communications%2C+business+combinations&amp;dateFiled=2024-03-27">prepares to complete a merger</a>.</li>



<li>Listed Funds Trust Opportunistic Trader ETF (NYSEARCA:<a href="https://investorplace.com/stock-quotes/wzrd-stock-quote/">WZRD</a>) shares are climbing over 19% on Thursday morning.</li>



<li>MyMD Pharmaceuticals (NASDAQ:<a href="https://investorplace.com/stock-quotes/mymd-stock-quote/">MYMD</a>) stock is jumping more than 18% after <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318188255&amp;type=PDF&amp;symbol=MYMD&amp;cdn=d095121bed2225092c887231499ecf34&amp;companyName=MyMD+Pharmaceuticals+Inc.&amp;formType=8-K%2FA&amp;formDescription=%5BAmend%5DCurrent+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-03-26">amending its allowed number of shares</a>.</li>



<li>Srivaru (NASDAQ:<a href="https://investorplace.com/stock-quotes/svmh-stock-quote/">SVMH</a>) shares are up over 16% as it <a href="https://finance.yahoo.com/news/srivaru-svmh-prana-2-0-123000372.html">continues a rally from yesterday</a>.</li>
</ol><h2>10 Top Losers</h2>



<ol><li>Urban-gro (NASDAQ:<a href="https://investorplace.com/stock-quotes/ugro-stock-quote/">UGRO</a>) stock is diving more than 18% with the release of its <a href="https://www.nasdaq.com/press-release/urban-gro-inc.-reports-2023-financial-results-and-provides-outlook-on-2024">latest earnings report</a>.</li>



<li>GCT Semiconductor (NYSE:<a href="https://investorplace.com/stock-quotes/gcts-stock-quote/">GCTS</a>) shares are tumbling over 18% <a href="https://finance.yahoo.com/news/gct-semiconductor-becomes-publicly-traded-223000931.html">after going public yesterday</a>.</li>



<li>Wetouch Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/weth-stock-quote/">WETH</a>) stock is taking a more than 18% beating without any clear news this morning.</li>



<li>Sobr Safe (NASDAQ:<a href="https://investorplace.com/stock-quotes/sobr-stock-quote/">SOBR</a>) shares are sliding over 18% following a <a href="https://www.nasdaq.com/press-release/register-now-for-todays-behavioral-health-webinar-the-future-of-alcohol-monitoring-is">new presentation yesterday</a>.</li>



<li>NuCana (NASDAQ:<a href="https://investorplace.com/stock-quotes/ncna-stock-quote/">NCNA</a>) stock is falling more than 17% as it <a href="https://www.marketwatch.com/story/nucana-american-depositary-shares-fall-on-news-of-planned-ratio-change-a99b9a3d">plans a ratio change</a>.</li>



<li>Gamida Cell (NASDAQ:<a href="https://investorplace.com/stock-quotes/gmda-stock-quote/">GMDA</a>) shares are decreasing over 16% as they <a href="https://investorplace.com/2024/03/why-is-gamida-cell-gmda-stock-down-82-today/">continue yesterday&rsquo;s negative movement</a>.</li>



<li>MillerKnoll (NASDAQ:<a href="https://investorplace.com/stock-quotes/mlkn-stock-quote/">MLKN</a>) stock is dropping more than 16% after <a href="https://investorplace.com/earning-results/2024/03/mlkn-stock-earnings-millerknoll-for-q3-of-2024/">missing revenue estimates</a>.</li>



<li>Abits (OTCMKTS:<a href="https://investorplace.com/stock-quotes/abit-stock-quote/">ABIT</a>) shares are slipping over 15% on Thursday.</li>



<li>PAVmed (NASDAQ:<a href="https://investorplace.com/stock-quotes/pavm-stock-quote/">PAVM</a>) stock is dipping more than 13% alongside its <a href="https://finance.yahoo.com/news/pavmed-full-2023-earnings-eps-112130397.html">most recent earnings release</a>.</li>



<li>Movella (NASDAQ:<a href="https://investorplace.com/stock-quotes/mvla-stock-quote/">MVLA</a>) shares close out our pre-market stock movers down over 12% <a href="https://finance.yahoo.com/news/movella-announces-nasdaq-planned-suspension-220000645.html">on suspension news</a>.</li>
</ol>On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/03/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-thursday-march-28th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday

Wetouch Technology says revenue reached $39.71M in 2023

Sachem Capital, RE/MAX, Douglas Elliman in real estate losers

Opendoor Technologies, Global Net Lease, Anywhere Real Estate in real estate losers

Comstock, Real Brokerage in real estate gainers

Wetouch Technology grows 2024 revenue by 41%

Costar Group in real estate gainers, Blackstone Mortgage Trust in losers

ABIT

ARRW

ASPS

AVTX

BTOG

BXMT

CHCI

CSGP

CZOO

DOUG

DRCT

FRGE

FTHM

GCTS

GMDA

GSIW

HOUS

IBIO

KTRA

KYCH

LIDR

LIXT

LUXH

MLKN

MRNO

MVLA

MYMD

NCNA

NUVB

OPEN

OUST

PAVM

PKST

REAX

RMAX

RVYL

SACH

SOBR

STOK

SVMH

UGRO

WETH

WNNR

WZRD

Press Releases

Wetouch Technology Inc. Announces Pricing of $10.8 Million Public Offering of Common Stock and Concurrent Uplisting to the Nasdaq Capital Market

Wetouch Technology Inc. Announces Closing of $10.8 Million Public Offering of Common Stock

WestPark Capital Announces Closing of $10.8 Million Public Offering of Common Stock for Wetouch Technology Inc (Nasdaq: WETH )

Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market

Small Cap

Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023

Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023

Airgain

Akoustis Technologies, Inc. - Common Stock

Akoustis Technologies

AmpliTech Gr

Amphenol

Belden

Bel Fuse

CCSC Technology International Holdings Limited - Ordinary Shares

CCSC Technology

Coherent

CPS Technologies

Corning

Knowles

Littelfuse

LGL Group

LG Display Co, Ltd AMERICAN DEPOSITORY SHARES

LG Display Co

Lightwave Logic

M-Tron Industries

Ostin Technology Group Co., Ltd. - Ordinary Shares

Ostin Technology Group

Rogers

VIA optronics AG American Depositary Shares, each representing one-fifth of an Ordinary Share

VIA optronics

Vishay Intertechnology, Inc. Common Stock

Vishay Intertechnology