La vendita allo scoperto per HCW Biologics dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di HCW Biologics. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

HCW Biologics (NASDAQ:HCWB) Azioni, Report sulle vendite allo scoperto

HCW Biologics

HCW Biologics Inc is a clinical-stage biopharmaceutical company focused on discovering and developing novel immunotherapies to lengthen the health span by disrupting the link between chronic, low-grade inflammation and age-related diseases. The company has developed TOBI discovery platform, or Tissue factor-based fusion discovery platform, for the design of category-defining immunotherapeutic drugs. It has selected two molecules as its product candidate; HCW9218 and HCW9302. HCW9218 is a bifunctional immunotherapeutic designed with the capabilities to neutralize transforming growth and stimulate immune cells. HCW9302 is designed to activate and expand regulatory T cells, which deactivate inflammasomes.

HCW Biologics Inc

Honest Co's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HNST#NYSE">HNST</a>) short percent of float has fallen 11.36% since its last report. The company recently reported that it has 2.00 million shares sold short, which is 2.42% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.25 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>Honest Co Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731941123_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Honest Co 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 Honest Co'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>, Honest Co's peer group average for short interest as a percentage of float is 5.59%, 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

Trading Ideas

HNST

(HNST) - Analyzing Honest Co's Short Interest

Phillips 66's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) short percent of float has fallen 7.55% since its last report. The company recently reported that it has 6.06 million shares sold short, which is 1.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.62 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>Phillips 66 Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731941118_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Phillips 66 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 Phillips 66'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>, Phillips 66's peer group average for short interest as a percentage of float is 7.46%, 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.

Peering Into Phillips 66's Recent Short Interest

Lennox Intl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LII#NYSE">LII</a>) short percent of float has risen 11.66% since its last report. The company recently reported that it has 1.03 million shares sold short, which is 3.64% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.69 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>Lennox Intl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731941112_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Lennox Intl 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 Lennox Intl'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>, Lennox Intl's peer group average for short interest as a percentage of float is 3.66%, 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.

Peering Into Lennox Intl's Recent Short Interest

Gold futures climbed 1.6% on Monday morning in New York, on track to snap a <a href="https://www.benzinga.com/markets/commodities/24/11/42036300/go-for-gold-says-goldman-sachs-precious-yellow-metal-price-would-rise-in-2025-amid-central-bank-buying-fed-rate-cuts">six-session losing streak</a>.
The yellow metal&#8217;s surge came on the heels of escalating rhetoric from Moscow after reports indicated that President Joe Biden had authorized Ukraine to launch strikes on Russian territory using American-made long-range missiles.
This marks a significant policy shift by the outgoing administration ahead of Donald Trump's January inauguration.
See Also: <a href="https://www.benzinga.com/general/space/24/11/42033393/spacexs-gwynne-shotwell-sees-starlink-becoming-profitable-in-2024-bets-on-starship-making-it-one-of-the-most-valuable-companies-amid-reports-of-tender-offer-valuing-it-over-250b">SpaceX&#8217;s Gwynne Shotwell Sees Starlink Becoming Profitable In 2024</a>
Such strikes would represent "a qualitatively new round of tension" with the U.S., Dmitry Peskov, a spokesperson for Russian President Vladimir Putin, said per Reuters.
In September, Putin had already declared that the U.S.&#8217;s allowing Ukraine to fire Western missiles into Russian territory would mean NATO's direct participation in the war.
On Monday, Peskov reiterated this stance, accusing the Biden administration of &#8220;adding fuel to the fire&#8221; as its term winds down.
Reports confirmed that thousands of North Korean troops have been deployed to Russia's Kursk region to aid Moscow's forces following a Ukrainian incursion.
The rally in gold, tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>), mirrored gains across the broader commodity complex, with oil and natural gas prices also advancing.
Futures on West Texas Intermediate (WTI) crude oil rose 0.8%, while Henry Hub U.S. natural gas futures surge by nearly 4% amid concerns over energy disruptions in Europe.
On Saturday, Gazprom, the state-controlled Russian natural gas giant, halted supplies to Austria, heightening fears of energy shortages in Europe as the winter season approaches. The decision followed Friday's rare hour-long phone call between German Chancellor Olaf Scholz and Putin, their first direct communication in nearly two years.
<h3 class="wp-block-heading">Risk-Off Sentiment Hits European Markets</h3>
The heightened geopolitical risks weighed on European equities Monday. 
The Euro Stoxx 50, broadly tracked by the SPDR DJ Euro STOXX 50 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FEZ#NYSE">FEZ</a>), fell 0.7%, while Italy's FTSE MIB, tracked by the iShares MSCI Italy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWI#NYSE">EWI</a>), was the hardest hit among major indices, sliding 1%. 
A hour ahead the Wall Street market open, futures on major U.S. indices hovered near flat, signaling caution among investors hesitant to buy the dip after last week&#8217;s declines.
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 index, fell a combined 1.9% on Thursday and Friday as hawkish comments from Fed Chair Jerome Powell and uncertainty surrounding Donald Trump&#8217;s potential economic policies dampened investor sentiment.
Read Now:
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<li><a href="https://www.benzinga.com/etfs/24/11/42018463/trumps-post-election-rally-fades-dollar-surges-to-over-1-year-highs-powell-puts-december-interest-rate-cut-into-question-this-week-in-the-market">Trump&#8217;s Post-Election Rally Fades, Dollar Surges To Over 1-Year Highs, Powell Puts December Interest Rate Cut Into Question: This Week In The Market</a></li>
</ul>
Image: Shutterstock

Equities

Specialty ETFs

Eurozone

Commodities

Econ #s

ETFs

Gold, Natural Gas Prices Rally As US-Russia Tensions Escalate Over Ukraine's Long-Range Strikes

RBC Capital analyst Ashish Sabadra initiates coverage on Ingram Micro Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INGM#NYSE">INGM</a>) with a Outperform rating and announces Price Target of $26.

News

Price Target

Initiation

Analyst Ratings

INGM

RBC Capital Initiates Coverage On Ingram Micro Holding with Outperform Rating, Announces Price Target of $26

Twist Bioscience Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TWST#NASDAQ">TWST</a>) will release earnings results for its fourth quarter, before the <a href="https://www.benzinga.com/quote/TWST/earnings">opening bell on Monday, Nov. 18.</a>
Analysts expect the South San Francisco, California-based bank to report a quarterly loss at 69 cents per share, versus a year-ago loss of 75 cents per share. Twist Bioscience projects to report revenue of $82.66 million for the recent quarter, compared to $66.95 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Oct. 22, Twist Bioscience entered into royalty purchase agreement with xOMA Royalty for $15 million in cash.
Twist Bioscience shares fell 5.3% to close at $36.89 on Friday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TCOM/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>JP Morgan analyst Tycho Peterson maintained an Underweight rating and raised the price target from $28 to $35 on Aug. 5. This analyst has an accuracy rate of 77%.</li>
<li>Baird analyst Catherine Ramsey maintained an Outperform rating and raised the price target from $40 to $46 on Aug. 5. This analyst has an accuracy rate of 78%.</li>
<li>Goldman Sachs analyst Matthew Sykes maintained a Buy rating and increased the price target from $45 to $55 on July 9. This analyst has an accuracy rate of 64%.</li>
<li>TD Cowen analyst Steven Mah maintained a Buy rating and raised the price target from $55 to $65 on June 13. This analyst has an accuracy rate of 64%.</li>
</ul>
Considering buying TWST stock? Here&#8217;s what analysts think:
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/11/42024062/how-to-earn-500-a-month-from-apple-stock">How To Earn $500 A Month From Apple Stock</a></li>
</ul>

Earnings

Pre-Market Outlook

Markets

TWST

Top Wall Street Forecasters Revamp Twist Bioscience Price Expectations Ahead Of Q4 Earnings

<a href="https://www.gevernova.com/news/press-releases/us-department-energy-announces-selection-ge-vernova-advanced-research-h2-locate-h2sense-hydrogen">https://www.gevernova.com/news/press-releases/us-department-energy-announces-selection-ge-vernova-advanced-research-h2-locate-h2sense-hydrogen</a>
&nbsp;
Accurate and cost-effective measurements of hydrogen gas are essential for detecting and mitigating emissions, maximizing both the climate and economic benefits of hydrogen production and utilization
Hydrogen is increasingly seen as a renewable energy source and decarbonization agent for industry and transportation
Deployment of detection systems would facilitate hydrogen production and transportation
GE Vernova's Advanced Research business has been selected by The U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E) to receive an award as part of their new H2SENSE Exploratory Topic, aimed at supporting innovative approaches for hydrogen gas detection and quantification across the hydrogen supply chain. The growth of the hydrogen economy is anticipated to play a crucial role in global decarbonization efforts, necessitating advanced atmospheric hydrogen sensing technologies to mitigate any potential near-term warming effects that could result from a larger hydrogen economy.
Hydrogen is a low carbon energy source and decarbonization agent for industry and transportation. Hydrogen, though not a direct greenhouse gas due to its inability to absorb infrared light, can indirectly extend the lifetime of greenhouse gases such as methane and ozone.

U.S. Department Of Energy Announces Selection Of GE Vernova's Advanced Research For H2-LOCATE Project As Part Of H2SENSE Exploratory Topic To Enable The Growth Of Hydrogen Production

Beyoncé will headline the halftime show for the first-ever NFL Christmas Gameday broadcast live on Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
The highly anticipated performance will occur during the second game of Netflix&#8217;s <a href="https://about.netflix.com/en/news/beyonce-to-perform-at-halftime-of-ravens-texans-during-nfl-christmas-gameday" target="_blank" rel="noreferrer noopener">Dec. 25</a> broadcast when the Houston Texans host the Baltimore Ravens at NRG Stadium at 4:30 p.m. ET.
Beyoncé&#8217;s return to her hometown of Houston marks the first live performance of songs from her Grammy-nominated album, &#8220;Cowboy Carter.&#8221;
Also Read: <a href="https://www.benzinga.com/news/earnings/24/11/41844962/amc-networks-q3-earnings-streaming-subscriber-growth-shines-amid-ad-revenue-dip-bolstered-by-netflix-amazon-partnerships" target="_blank" rel="noreferrer noopener">AMC Networks Q3 Earnings: Streaming Subscriber Growth Shines Amid Ad Revenue Dip Bolstered By Netflix, Amazon Partnerships</a>
Beyoncé&#8217;s own Parkwood Entertainment, in collaboration with Jesse Collins Entertainment, is producing the event.
Beyoncé previously headlined the Super Bowl XLVII in New Orleans on Feb. 3, 2013, reuniting with her former bandmates from Destiny&#8217;s Child, Kelly Rowland and Michelle Williams. That was the second most-watched halftime show at the time. 
She returned to the Super Bowl stage for Super Bowl L on Feb. 7, 2016, joining Coldplay and Bruno Mars in Santa Clara, California, where an impressive 115.5 million viewers tuned in to watch her get into &#8220;Formation.&#8221;
The specifics of her upcoming performance remain under wraps.
The NFL&#8217;s Christmas Day events will feature two exclusive marquee games on Netflix. At 1 p.m. ET, the Kansas City Chiefs, reigning Super Bowl LVII champions, will face off against the Pittsburgh Steelers. 
This will be followed by the 4:30 PM ET game between the Baltimore Ravens and the Houston Texans. Consistent with the NFL&#8217;s holiday tradition, the games will also air on broadcast TV within the local markets of the competing teams and can be streamed on U.S. mobile devices through NFL+.
Last week, Netflix <a target="_blank" href="https://www.benzinga.com/media/24/11/41915397/netflix-reaches-70-million-users-on-ad-supported-plan-boosts-live-sports-ads" rel="noreferrer noopener">achieved a significant milestone</a>, revealing that its ad-supported tier now reaches 70 million monthly active users just two years after its launch. This tier has quickly gained traction, with over 50% of new sign-ups opting for the ad-supported option, driven by its affordability and popularity in available markets.
Analysts view Netflix&#8217;s strategic shift toward live and ad-supported content as a key growth driver. Bank of America highlighted its focus on ads, gaming, and live sports (<a href="https://www.benzinga.com/24/11/42025252/jake-paul-vs-mike-tyson-boxing-match-sets-record-breaking-night-for-netflix">i.e., Mike Tyson vs. Jake Paul</a>) as significant strengths. 
At the same time, Macquarie noted hits like Squid Game 2 and NFL broadcasts will boost user engagement despite potential challenges in monetizing the ad tier internationally.
JPMorgan noted Netflix&#8217;s move into NFL broadcasts as <a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/08/40345870/netflix-ad-price-hike-live-sports-seen-as-keys-for-growth-says-analyst" rel="noreferrer noopener">a strategic play</a> to boost engagement and attract a broader audience. According to the analysts, the streaming giant&#8217;s venture into live sports could increase subscriber retention and generate significant advertising revenue. By partnering with major brands like FanDuel and Verizon, Netflix aims to capitalize on the high viewership of NFL games, positioning itself as a critical player in live sports streaming.
Price Action: Netflix stock is down 0.97% at $816 at last check Monday. The streaming giant&#8217;s stock surged 76% year-to-date.
Now Read:
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<li><a href="https://www.benzinga.com/24/11/41971559/disneys-q4-boosted-by-streaming-gains-strong-box-office-and-solid-parks-performance" target="_blank" rel="noreferrer noopener">Disney Q4 Earnings: Revenue And Profit Beat, Best Film Studio Performance, 3-Year Outlook And More</a></li>
</ul>
Image: Shutterstock

Entertainment

NFLX

Netflix Scores Big: Beyoncé Set To Headline NFL Christmas Halftime Show

Scotiabank analyst Konark Gupta maintains MDA Space (TSX:<a class="ticker" href="https://www.benzinga.com/stock/MDA#TSX">MDA</a>) with a Sector Outperform and raises the price target from C$25 to C$29.

TSX:MDA

Scotiabank Maintains Sector Outperform on MDA Space, Raises Price Target to C$29

Perpetua Resources Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#NASDAQ">PPTA</a>) (TSX:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#TSX">PPTA</a>) ("Perpetua Resources" or the "Company") today announced the pricing of its previously announced public offering of 3,439,465 shares of its common stock (the "Common Shares") in the United States ( the "Offering") at a price to the public of US$10.17.
The gross proceeds to Perpetua Resources from the Offering, before deducting commissions and expenses and other Offering expenses, will be approximately $35 million, or approximately $40 million if the Underwriters exercise the Option (as defined below) in full.
The Company expects to use the net proceeds of the Offering for down payments on long lead time materials, detailed engineering for its Stibnite Gold Project, and general corporate purposes.
The Common Shares will be offered by the Company with BMO Capital Markets and National Bank of Canada Financial Markets acting as joint lead book-running managers, RBC Capital Markets and Cantor acting as joint book-running managers and B. Riley Securities, H.C. Wainwright &amp; Co. and Roth Capital Partners acting as co-managers (collectively, the "Underwriters").
Perpetua Resources has also granted the Underwriters an option (the "Option") to purchase up to an additional 515,919 Common Shares representing up to 15% of the number of Common Shares to be sold pursuant to the Offering.&nbsp; The Option is exercisable for a period of 30 days from the date of the Underwriting Agreement, dated November 18, 2024, between Perpetua Resources and BMO Capital Markets as representative of the several Underwriters (the "Underwriting Agreement").
The Offering is expected to close on or about November 20, 2024. Closing of the Offering will be subject to a number of customary conditions included in the Underwriting Agreement.&nbsp;

Offerings

PPTA

TSX:PPTA

Perpetua Resources Announces Pricing Of $35M Offering Of 3,439,465 Shares Of Its Common Stock At A Price Of $10.17 Per Share

JFBR

Jeffs' Brands Subsidiary, Fort Products, Entered Into Agreement With Digital Developer For Development Of AI-based Mobile Application For Pest Control Solutions

Scotiabank analyst Himanshu Gupta maintains CHARTWELL RETIREMENT RESIDENCES (TSX:<a class="ticker" href="https://www.benzinga.com/stock/CSH#TSX">CSH</a>) with a Sector Outperform and raises the price target from C$16.5 to C$17.5.

TSX:CSH

Scotiabank Maintains Sector Outperform on CHARTWELL RETIREMENT RESIDENCES, Raises Price Target to C$17.5

Northcoast Research analyst John Healy downgrades Avis Budget Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>) from Buy to Neutral.

Downgrades

Northcoast Research Downgrades Avis Budget Gr to Neutral

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares are racing higher Monday morning following reports that President-elect Donald Trump plans to ease restrictions for <a href="https://www.benzinga.com/topic/self-driving-vehicles-0">self-driving vehicles</a>. 
What To Know: Members of Trump&#8217;s transition team have said they plan to prioritize a federal framework for autonomous vehicles, according to <a href="https://www.bloomberg.com/news/articles/2024-11-17/trump-team-said-to-want-to-ease-us-rules-for-self-driving-cars?embedded-checkout=true">Bloomberg</a>.
The report indicates that the Transportation Department can issue rules through the National Highway Traffic Safety Administration that would make it easier to operate self-driving cars, but a bipartisan piece of legislation from Congress would clear the way for mass adoption. 
Former Uber executive Emil Michael is reportedly one candidate being considered for Transportation secretary. Michael has already spoken with Trump&#8217;s team and potential staffers, according to people familiar with the matter. 
Tesla CEO Elon Musk, who donated to Trump and supported him throughout his campaign, announced plans in October to begin producing the Cybercab robotaxi in 2026. Current regulations pose challenges to Musk&#8217;s plans, including a cap on how many autonomous vehicles can be deployed. 
The National Highway Traffic Safety Administration (NHTSA) currently allows for the deployment of 2,500 self-driving vehicles per year under a granted exemption. Efforts to increase those limits have failed multiple times. The report indicates that a bill for self-driving cars was floated during Trump&#8217;s first term, but did not make it through the Senate. Another attempt at the beginning of the Biden administration failed as manufacturers pushed to include language preventing consumers from forming lawsuits. 
See Also: <a href="https://www.benzinga.com/24/11/42028342/blackwell-backfires-nvidias-ai-chips-struggle-with-server-overheating-impacting-meta-microsoft-and-musks-xai-data-centers">Nvidia&#8217;s Blackwell Chips Are Extra Toasty, Server Overheating Issues Impact Meta, Microsoft And Elon Musk&#8217;s xAI</a>
Last week, Tesla shares moved lower on reports that Trump was planning to get rid of consumer tax credits for EVs. Trump's team is reportedly planning to squash the $7,500 EV tax credit on vehicle purchases as part of a broader tax-reform plan. 
Getting rid of the tax credit could significantly impact the United States'&nbsp;EV&nbsp;transition efforts, but Musk reportedly told Trump's team that he supports putting an end to the EV tax credit. Although it may impact sales in the short term, it will hurt Tesla competitors much more, according to Wedbush analyst&nbsp;Dan Ives.
"We expect Musk to have a big seat at the table as these EV discussions happen within the Trump transition team. We believe any sell-off in Tesla from these reports is the wrong knee-jerk reaction and we would be buyers," Ives said in a note last week.
TSLA Price Action: Tesla shares were up 6.75% at $342.38  at the time of publication, according to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41988194/trump-plans-to-erase-ev-tax-credit-analyst-says-its-net-bullish-calls-sell-off-wrong-knee-jerk-reaction">Trump Plans To Erase EV Tax Credit: Tesla Analyst Says It&#8217;s &#8216;Net Bullish,&#8217; Calls Sell-Off &#8216;Wrong Knee-Jerk Reaction&#8217;</a></li>
</ul>
Photo: courtesy of Tesla.

Movers

TSLA

Tesla Stock Is Trading Higher Monday: What's Going On?

FATE

Fate Therapeutics Shares Halted On Circuit Breaker To Upside, Stock Now Up 70.8%

Contracts

Choice Hotels Announces Two SOAR Contracts Supporting Hotel Ownership; Amount Not Disclosed

AILE

iLearningEngines Reports Cybersecurity Incident, CFO Transition, SEC Subpoena, And Financial Restatements; Warns Of Material Impact On Q4 Operations And Ongoing Internal Investigation; Files For Non-Timely 10-Q

Susquehanna analyst James Friedman maintains PagSeguro Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAGS#NYSE">PAGS</a>) with a Positive and lowers the price target from $19 to $16.

PAGS

Susquehanna Maintains Positive on PagSeguro Digital, Lowers Price Target to $16

In the current session, the stock is trading at $8.10, after a 0.50% spike. Over the past month, Controladora Vuela Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLRS#NYSE">VLRS</a>) stock increased by 13.61%, and in the past year, by 22.13%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2024/1731940235_0.png" alt="Past Year Chart" />

<h3>Comparing Controladora Vuela P/E Against Its Peers</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Controladora Vuela has a lower P/E than the aggregate P/E of 15.38 of the Passenger Airlines industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1731940235_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

VLRS

P/E Ratio Insights for Controladora Vuela

Susquehanna analyst Christopher Rolland maintains Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) with a Positive and raises the price target from $135 to $140.

CRUS

Susquehanna Maintains Positive on Cirrus Logic, Raises Price Target to $140

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