Flutter Entertainment에 대한 매도 수량은 투자자에게 Flutter Entertainment의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

Flutter Entertainment (NYSE:FLUT) 주식, 공매도 수량 보고

Flutter Entertainment

In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in the us, UK and Ireland, Australia, and many other countries. Some of its main brands are FanDuel in the us, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2023, the company offered products in over 100 countries and had 12.3 million average monthly users. In 2023, sports betting was 56% of revenue, online gaming 39%, and fantasy sports, horse racing, and other 5%.

News

Hedge Funds

Movers

ALAB

CPNG

DXCM

FLUT

GOOGL

MSFT

TTWO

억만장자 투자자 체이스 콜먼(Chase Coleman)의 헤지펀드인 타이거 글로벌 매니지먼트가 최신 양식 13F를 목요일에 제출하고 이전 분기의 거래 활동을 공개했다. 타이거 글로벌의 포트폴리오 변화를 살펴보겠다.

타이거 글로벌 헤지펀드가 플러터 엔터테인먼트 주식을 매수하고 덱스콤을 매도

Earnings

After-Hours Center

DKNG

스포츠 베팅 및 도박 회사 플러터 엔터테인먼트(NYSE:FLUT)의 주가는 회사가 화요일에 2분기 재무 결과를 발표한 후 급등했다. 보고서의 세부 사항은 다음과 같다.

팬듀얼의 모회사 플러터 엔터의 주식이 양호한 2분기 실적과 전망 상향 조정에 급등

Sports Betting

Eurozone

Sports

Global

Trading Ideas

ABNB

CMCSA

GENI

2024년 하계 올림픽이 7월 26일 파리에서 개막하는 가운데 앞으로 2주 동안 수백만 명의 시선이 TV에 쏠릴 것이다. 2024년 하계 올림픽으로 인해 관심과 재정 상태가 향상될 수 있는 6개 기업들을 살펴보겠다.

2024년 하계 올림픽 기간 동안 금메달로 향하는 6개의 주식: 회사 역사상 &#39;가장 큰 사건&#39;

Flutter Entertainment plc Ordinary Shares

Flutter Entertainment PLC

Flutter Entertainment PLC ADR

Barclays analyst Ramsey El-Assal maintains Affirm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) with a Overweight and raises the price target from $64 to $75.

Price Target

Analyst Ratings

AFRM

Barclays Maintains Overweight on Affirm Holdings, Raises Price Target to $75

Piper Sandler analyst Quinton Gabrielli initiates coverage on SPS Commerce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPSC#NASDAQ">SPSC</a>) with a Neutral rating and announces Price Target of $198.

Initiation

SPSC

Piper Sandler Initiates Coverage On SPS Commerce with Neutral Rating, Announces Price Target of $198

Western Digital's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NYSE">WDC</a>) short percent of float has fallen 9.85% since its last report. The company recently reported that it has 16.25 million shares sold short, which is 5.31% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.55 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>Western Digital Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732545022_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Western Digital 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 Western Digital'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>, Western Digital's peer group average for short interest as a percentage of float is 6.86%, 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

Peering Into Western Digital's Recent Short Interest

Mike Tyson's cannabis brand TYSON 2.0 will debut in Jamaica, the brand's holding company, Carma HoldCo Inc, confirmed Friday. In partnership with NUGL Inc's (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NUGL#OTC">NUGL</a>) Kaya Group, TYSON 2.0 will bring its popular line of infused pre-rolls, vapes, pre-packaged flower and concentrates to Jamaican consumers.
Kaya is one of Jamaica's leading medical marijuana companies. Kaya&#8217;s diverse operations include a licensed cultivation facility, processing facility, 3 retail herb houses and one ganja franchise in Punta Del Este, Uruguay. Kaya was the first medicinal Ganja Herb House in the Caribbean. This partnership marks TYSON 2.0&#8217;s entrance into the Caribbean.
Initially, TYSON products will be available at Kaya Herb House locations in St. Ann, Falmouth and in Kingston, with plans to expand into additional retail outlets across Jamaica.
"Bringing TYSON 2.0 to Jamaica is about more than expansion; it&#8217;s about honoring the island's deep-rooted relationship with cannabis," stated Mike Tyson, co-founder and chief brand officer of TYSON 2.0. "Jamaican consumers can now experience the same high quality and dedication we put into every TYSON 2.0 product. I'm excited to share this journey with them."
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/11/41685387/mike-tysons-marijuana-brand-tyson-2-0-expands-to-arizona-via-partnership-with-desert-fairways">Mike Tyson&#8217;s Marijuana Brand TYSON 2.0 Expands To Arizona Via Partnership With Desert Fairways</a>
Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.
Adam Wilks, CEO of Carma HoldCo, added, "Expanding into Jamaica is another big win for TYSON 2.0 and Carma HoldCo. Like Amsterdam, Jamaica is a global leader in cannabis culture, making it the perfect destination for our next chapter. Partnering with Kaya Group allows us to merge our premium product lineup with a rich heritage, providing discerning consumers with an unmatched cannabis experience."
Bali Vaswani, CEO of Kaya Group and NUGL, remarked on the partnership's significance: "Our collaboration with TYSON is another defining moment for Jamaica&#8217;s ganja industry. By combining our local expertise in cultivation, processing and our commitment to quality with TYSON 2.0's global reach, we're creating one-of-a-kind ganja experiences. Every herb has a story, and together we're bringing those stories to life, connecting our community to the world."
Since its debut in 2021, TYSON 2.0 expanded beyond the U.S. and into 16 countries and broadened its portfolio to include other premium product categories, cementing its reputation for crafting memorable experiences.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/07/39612472/mike-tyson-to-open-first-branded-retail-store-in-amsterdam-a-city-that-always-held-a-special-pla">Mike Tyson To Open First Branded Retail Store In Amsterdam, A City That Always Held A Special Place In His Heart</a></li>
<li><a href="https://www.benzinga.com/markets/cannabis/24/11/41693389/exclusive-mike-tyson-and-st-ndenglass-unveil-the-tyson-2-0-mod-l-dok-travel-set">EXCLUSIVE: Mike Tyson And Stündenglass Unveil The TYSON 2.0 Modül + Dok Travel Set</a></li>
</ul>
Courtesy Photo

Cannabis

NUGL

Mike Tyson's Cannabis Infused Pre-Rolls And Vapes Reach Jamaica Via Kaya Group Partnership

Modine Manufacturing's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOD#NYSE">MOD</a>) short percent of float has fallen 7.21% since its last report. The company recently reported that it has 3.43 million shares sold short, which is 7.46% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.68 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>Modine Manufacturing Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732545016_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Modine Manufacturing 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 Modine Manufacturing'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>, Modine Manufacturing's peer group average for short interest as a percentage of float is 6.81%, 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.

Peering Into Modine Manufacturing's Recent Short Interest

First Solar's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NYSE">FSLR</a>) short percent of float has risen 20.26% since its last report. The company recently reported that it has 6.01 million shares sold short, which is 7.36% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.91 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>First Solar Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732545011_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for First Solar 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 First Solar'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>, First Solar's peer group average for short interest as a percentage of float is 4.60%, 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.

FSLR

(FSLR) - Analyzing First Solar's Short Interest

Piper Sandler analyst Quinton Gabrielli initiates coverage on Manhattan Associates (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) with a Overweight rating and announces Price Target of $326.

MANH

Piper Sandler Initiates Coverage On Manhattan Associates with Overweight Rating, Announces Price Target of $326

Benchmark analyst Mark Palmer maintains MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) with a Buy and raises the price target from $450 to $650.

MSTR

Benchmark Maintains Buy on MicroStrategy, Raises Price Target to $650

Barclays analyst Saket Kalia maintains Ncino (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCNO#NASDAQ">NCNO</a>) with a Equal-Weight and raises the price target from $34 to $44.

NCNO

Barclays Maintains Equal-Weight on Ncino, Raises Price Target to $44

On Monday, Cassava Sciences Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVA#NASDAQ">SAVA</a>) stock plunged after the company released topline data from the Phase 3 ReThink-ALZ study of simufilam in mild-to-moderate <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/g42160859/cassava-sciences-topline-phase-3-data-did-not-meet-co-primary-endpoints" rel="noreferrer noopener">Alzheimer&#8217;s disease</a>.
The trial did not meet the pre-specified co-primary, secondary, and exploratory biomarker endpoints.
In July, CEO Rick Barry wrote a letter to shareholders and employees, saying that the company is in the final stages of testing simufilam and has significant&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/24/09/41065699/sec-charges-cassava-sciences-over-manipulated-alzheimers-trial-data-company-and-former-execs-agre" rel="noreferrer noopener">financial and emotional stakes</a>.
The co-primary endpoints were the change in cognition and function from baseline to the end of the double-blind treatment period at week 52, assessed by the ADAS-COG12 and ADCS-ADL scales, comparing simufilam to placebo.
Simufilam continued to demonstrate an overall favorable safety profile.
&#8220;The results are disappointing&#8230;We took careful measures to enroll patients with mild-to-moderate AD. Despite that, the loss of cognition in the placebo group was less pronounced than was previously reported in other placebo-controlled studies in AD&#8230;&#8221; said&nbsp;Rick Barry, President and Chief Executive Officer.
The company said the failed trial results have impacted its second Phase 3 trial,&nbsp;ReFocus-ALZ, and decided to discontinue ReFocus-ALZ. The company will also be discontinuing the Open Label Extension study.
The complete 52-week dataset will be available from the study along with a large portion of 76-week data.
Cassava will continue to review the data and evaluate the next steps. We plan to share the detailed results at a future medical meeting.
Cassava has been in the headlines for fabricating data from <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41231890/whats-going-on-with-alzheimers-focused-cassava-sciences-on-tuesday" rel="noreferrer noopener">simufilam drug trials</a>.
In September, Cassava Sciences&nbsp;agreed to pay over $40 million to resolve SEC charges over misleading statements related to a Phase 2 trial of the company&#8217;s controversial&nbsp;Alzheimer&#8217;s drug, simufilam.
The SEC also&nbsp;charged&nbsp;Hoau-Yan Wang, a consultant and co-developer of the drug, with manipulating trial results.
The SEC&#8217;s investigation found that in&nbsp;<a target="_blank" href="https://www.benzinga.com/general/biotech/21/08/22653801/cassava-sciences-shares-sink-with-alzheimers-drug-mired-in-controversy" rel="noreferrer noopener">September 2020</a>, Cassava disclosed manipulated data from the trial, which falsely suggested dramatic improvements in Alzheimer&#8217;s biomarkers like total tau and phosphorylated tau.
Price Action: SAVA stock is down 84.2% at $4.19 during the premarket session at last check Monday.
Photo via Shutterstock
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/11/42163927/fda-approves-bridgebio-pharmas-drug-for-rare-heart-disease-poised-to-challenge-pfizer-in-lucrative-yet-competitive-market" target="_blank" rel="noreferrer noopener">FDA Approves BridgeBio Pharma&#8217;s Drug For Rare Heart Disease, Poised To Challenge Pfizer In Lucrative Yet Competitive Market</a></li>
</ul>

Biotech

Equities

Health Care

General

SAVA

Cassava Sciences' Controversial Alzheimer's Drug Fails To Hit Primary Goal In Pivotal Study, Halts Late-Stage Studies

Barclays analyst Alexia Dogani maintains ZIM Integrated Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) with a Underweight and raises the price target from $13.9 to $16.5.

Barclays Maintains Underweight on ZIM Integrated Shipping, Raises Price Target to $16.5

Semler Scientific Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) shares are trading higher Monday. The company launched an offering and provided an update on its Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/pressreleases/24/11/n42160050/semler-scientific-announces-updated-btc-and-atm-activity">holdings</a>.
What Happened: Semler Scientific announced that it acquired 297 Bitcoin for $29.1 million in cash between Nov. 18 and Nov. 22. The company made the purchases at an average price of $97,995 per Bitcoin. 
As of Friday, Semler held a total of 1,570 Bitcoin, acquired for an aggregate of $117.8 million. 
Semler Scientific entered into a Controlled Equity Offering&nbsp;Sales Agreement with Cantor Fitzgerald in August, under which Semler may offer and sell its common stock in an at-the-market offering from time to time.
The company filed a prospectus supplement on Monday to offer an additional $50 million of shares under its existing offering with Cantor, bringing the total offering amount up to $100 million. 
Several crypto-related stocks have rallied in recent weeks as Bitcoin prices have climbed to new all-time highs just below the $100,000 level. Bitcoin was up 0.24% over a 24-hour period, trading at $97,700 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>. 
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42155055/crypto-analyst-bitcoin-poised-to-skyrocket-to-180k-and-eventually-top-1m#google_vignette">Crypto Analyst: Bitcoin Poised To Skyrocket To $180K and &#8216;Eventually&#8217; Top $1M</a>
SMLR Price Action: Semler Scientific shares were up 5.11% at $66.90 at the time of publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

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

Cryptocurrency

Offerings

$BTC

SMLR

What's Going On With Semler Scientific Stock Monday?

JP Morgan analyst Michael Rehaut maintains AZEK Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZEK#NYSE">AZEK</a>) with a Overweight and raises the price target from $48 to $58.

AZEK

JP Morgan Maintains Overweight on AZEK Co, Raises Price Target to $58

Morgan Stanley analyst Erik Woodring reiterates Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) with a Overweight and maintains $273 price target.

Reiteration

AAPL

Morgan Stanley Reiterates Overweight on Apple, Maintains $273 Price Target

JP Morgan analyst Eric Joseph maintains TG Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGTX#NASDAQ">TGTX</a>) with a Overweight and raises the price target from $30 to $43.

TGTX

JP Morgan Maintains Overweight on TG Therapeutics, Raises Price Target to $43

Morgan Stanley analyst Devin McDermott maintains EQT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) with a Overweight and raises the price target from $45 to $56.

Morgan Stanley Maintains Overweight on EQT, Raises Price Target to $56

Decibel Cannabis Company Inc. (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/DB#TSXV">DB</a>) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/DBCCF#OTCQB">DBCCF</a>) has completed the second and final closing of its previously announced non-brokered private placement of its common shares at $0.06 per common share.
<h3 class="wp-block-heading">What Happened</h3>
The company said on Monday that, at the second closing of the offering, it issued 19,647,776 common shares for gross proceeds of roughly $1,178,867.
The second closing was in addition to the previously announced first closing in November when Decibel issued 33,503,864 common shares for gross proceeds of approximately $2,010,232.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40577591/decibels-10m-strategy-how-it-could-enhance-your-canadian-cannabis-portfolio">Decibel's $10M Strategy: How It Could Enhance Your Canadian Cannabis Portfolio</a>
<ul>
<li>Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.</li>
</ul>
<h3 class="wp-block-heading">Why It Matters</h3>
Decibel said the proceeds of the offering will be used to work on and help integrate the integration of AgMedica BioScience Inc. which he company previously<a href="https://www.benzinga.com/markets/cannabis/24/10/41600492/decibel-acquires-agmedica-announces-private-placement-and-third-quarter-guidance"> acquired</a>. The acquisition was arranged through an agreement with Callisto Capital on Oct. 28 and was made in exchange for a $6.3 million unsecured convertible debenture.
Decibel projects that AgMedica could contribute $30 million of net revenue and $4 million of EBITDA in 2025, totaling an anticipated $130 million of net revenue and $25 million of adjusted EBITDA in 2025 on a pro forma basis.
The company recently <a href="https://www.benzinga.com/24/11/42137701/canadian-cannabis-co-decibel-reports-12-yoy-drop-in-q3-revenue-but-increases-gross-margin-to-53">announced</a> its unaudited interim financial results on Thursday for the third quarter revealing CA$24.1 million ($17.2 million) in net revenue representing a 9% increase sequentially, but a 12% decrease year-over-year. However, gross margin before fair value adjustments reached 53% for the period, up from 44% in the prior year&#8217;s period, reflecting improved operational efficiency.
<h3 class="wp-block-heading">What's Next</h3>
The offering is subject to the receipt of all regulatory approvals including the final approval of the TSX Venture Exchange (TSXV).
Now Read:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/08/40369534/decibel-cannabis-reports-22-yoy-decrease-in-q2-net-revenue-plans-to-benefit-with-new-product-lau">Decibel Cannabis Reports 22% YoY Decrease In Q2 Net Revenue, Plans To Benefit With New Product Launches</a></li>
</ul>
<h3 class="wp-block-heading">DBCCF Price Action</h3>
Decibel's shares traded 1.45% higher at $0.0476 per share after the market close on Friday afternoon.

Financing

DBCCF

TSXV:DB

Decibel Cannabis Raises $1.18M, Secures Capital For AgMedica BioScience Integration

Morgan Stanley analyst Angel Castillo maintains Deere (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>) with a Overweight and raises the price target from $401 to $450.

Morgan Stanley Maintains Overweight on Deere, Raises Price Target to $450

EQT Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) shares are trading higher after the company announced it entered into a definitive deal with funds managed by Blackstone Credit &amp; Insurance (BXCI) to <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n42159491/eqt-announces-3-5-billion-midstream-joint-venture-with-blackstone-credit-insurance" rel="noreferrer noopener">form a new midstream joint venture</a>.
As per the deal, BXCI will provide EQT&nbsp;$3.5 billion of cash consideration in exchange for a non-controlling equity interest in the joint venture.
This values the JV at approximately $8.8 billion, or 12x EBITDA. The deal provides EQT with a substantial equity capital solution at an accretive cost of capital.
EQT will also retain rights to growth projects linked to the contributed assets, including the planned Mountain Valley Pipeline expansion and the MVP Southgate project.
EQT intends to use the proceeds from the transaction to reduce its term loan, revolving credit facility, and redeem or tender senior notes.
Pro-forma for this deal, along with the recent sale of its remaining non-operated assets in northeast Pennsylvania, EQT expects to exit 2024 with approximately $9 billion in net debt.
EQT President and CEO&nbsp;Toby Z. Rice&nbsp;stated, &#8220;This transaction underscores the ultra-high-quality nature of EQT&#8217;s regulated midstream assets, which service one of the strongest power demand growth regions in&nbsp;the United States&nbsp;underpinned by long-term contracts with the region&#8217;s leading utilities.&#8221;
&#8221;Importantly, through this joint venture&nbsp;EQT preserves the benefits of the Equitrans acquisition by retaining the long-term value from synergy capture and growth projects. We look forward to working with Blackstone to optimize the value of these assets and together explore strategic opportunities across its leading portfolio of energy, power and digital infrastructure in the years ahead.&#8221;&nbsp;
EQT Chief Financial Officer&nbsp;Jeremy Knop&nbsp;stated, &#8220;Blackstone is a leader in providing capital solutions to large corporations and we are thrilled to partner with them in this unique transaction, crafting a tailor-made equity financing solution at a price significantly below EQT&#8217;s equity cost of capital while preserving key tax attributes. When we announced the Equitrans acquisition earlier this year, we made an unwavering commitment to debt reduction.&#8221;
&#8221;We have now delivered on that promise, with announced divestitures to date totaling&nbsp;$5.25 billion&nbsp;of projected cash proceeds, above the high-end of our&nbsp;$3 billion-$5 billion&nbsp;asset sale target, and several quarters ahead of schedule.&#8221;
The transaction is subject to customary closing adjustments, required regulatory approvals, and clearances, and is expected to close in the fourth quarter of 2024.
Investors can gain exposure to the stock via Invesco S&amp;P 500 Equal Weight Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSPG#NYSE">RSPG</a>) and First Trust Natural Gas ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCG#NYSE">FCG</a>).
Price Action: EQT shares are up 3.22% at $47.40 premarket at the last check Monday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/24/11/41997142/viking-fund-management-sells-big-oil-stocks-in-q3-cuts-tesla-position-in-half-adds-to-largest-position-broadcom" target="_blank" rel="noreferrer noopener">Viking Fund Management Sells Big Oil Stocks In Q3, Cuts Tesla Position In Half, Adds To Largest Position Broadcom</a></li>
</ul>

Large Cap

First Trust ISE-Revere Natural Gas Index Fund

RSPG

EQT Secures $3.5 Billion Boost: Blackstone JV To Power Midstream Expansion

Morgan Stanley analyst Lauren Schenk maintains Chewy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) with a Overweight and raises the price target from $33 to $36.

CHWY

Morgan Stanley Maintains Overweight on Chewy, Raises Price Target to $36

Flutter Entertainment PLC (FLUT) has released an update. Flutter Entertainment PLC has repurchased and canceled a significant number of its ordinar...

Flutter Entertainment Advances $5 Billion Share Buyback

Flutter Entertainment PLC (FLUT) has released an update. Flutter Entertainment PLC has embarked on a significant share buyback program, purchasing ...

Flutter Entertainment PLC Advances Share Buyback Strategy

Rush Street Interactive's U.S. And LATAM Growth Prospects Stand Great

Goldman's Hedge Fund VIP List: AMZN, VST, CRM, BABA, and more

Goldman Sachs initiated coverage of Flutter Entertainment (FLUT) with a Buy rating and $320 price target The firm said that new player cohort analy...

Flutter Entertainment initiated with a Buy at Goldman Sachs

Analyst Ben Andrews of Goldman Sachs maintained a Buy rating on Flutter Entertainment PLC (FLTR – Research Report), with a price target of $320.00....

Promising Growth Prospects and Strategic Opportunities Underpin Buy Rating for Flutter Entertainment PLC

Flutter Entertainment PLC (FLUT) has released an update. Flutter Entertainment PLC has repurchased a total of 14,071 of its own shares through its ...

Flutter Entertainment Initiates Share Buyback Strategy

Welcome to the latest edition of "Bet On It," where The Fly looks at news and activity in the sports betting and iGaming space. SECTOR NEWS: Wynn R...

Bet On It: Legalized sports gambling measure may face recount in Missouri

Flutter Entertainment PLC (FLUT) has released an update. Flutter Entertainment PLC has announced the acquisition and cancellation of a significant ...

Comments

Flutter Entertainment

매도 수량

Flutter Entertainment (NYSE:FLUT) 주식, 공매도 수량 보고

뉴스

파트너 / 기고자

벤징가 글로벌