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El interés en corto de Universe Pharmaceuticals da a los inversores una idea del grado en que los inversores apuestan por la caída de las acciones de Universe Pharmaceuticals. Los datos de interés en corto se actualizan cada dos semanas.

Universe Pharmaceuticals (NASDAQ:UPC) Bolsa, Informe de interés en corto

Universe Pharmaceuticals

Universe Pharmaceuticals Inc is a pharmaceutical company specializing in the manufacturing, marketing, sales and distribution of traditional Chinese medicine derivatives products targeting the elderly with the goal of addressing their physical conditions in the ageing process and promoting their general well-being. The company also sells biomedical drugs, medical instruments, Traditional Chinese Medicine Pieces, and dietary supplements manufactured by third-party pharmaceutical companies. Its products are under two categories namely treatment and relief for common chronic health conditions in the elderly designed to achieve physical wellness and longevity (Chronic Condition Treatments), and cold and flu medications.

Universe Pharmaceuticals Inc - Ordinary Shares

Universe Pharmaceuticals Inc

UNI-PRESIDENT C/H UNS/ADR by Uni-President China Holdings Ltd.

Uni-President China Holdings Ltd

UNIVERSAL POTASH CORP by Universal Potash Corp.

Universal Potash Corp

Macro Economic Events

News

Politics

Economics

General

Federal Reserve Vice Chair For Supervision Michael Barr Has Sought Legal Advice Amid Speculation That President-elect Donald Trump Might Want To Remove Him; Barr Has Sought Advice From Law Firm Arnold & Porte

Shares of Innovative Industrial Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IIPR#NYSE">IIPR</a>) are trading lower after the company announced PharmaCann, one of its tenants, defaulted on rent obligations for six of eleven<a href="https://www.benzinga.com/quote/IIPR/news"> leases in December.</a>
What To Know: Thes leases accounted for 17% of the company&#8217;s total rental revenues for the three and nine months ended Sept. 30 2024. PharmaCann failed to pay $4.2 million in December rent, including base rent, property management fees, and estimated tax and insurance payments, for properties in Illinois, Massachusetts, Michigan, New York, Ohio and Pennsylvania. 
Innovative Industrial Properties applied security deposits to cover the unpaid rent, late penalties, and interest. While PharmaCann paid $90,000 in rent for the other five leases, cross-default provisions rendered all eleven leases in default.
The company is in discussions with PharmaCann and indicated it may pursue eviction proceedings or other enforcement measures. Following the announcement, Compass Point downgraded Innovative Industrial Properties from Buy to Neutral and reduced the price target from $125 to $78, potentially reflecting concerns over the financial impact of the default.
IIPR Price Action: Innovative Industrial Properties shares were down 22.7% at $73.54 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="540" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20150310/kjhygtf-1024x540.png" alt="" class="wp-image-702389" style="width:491px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20150310/kjhygtf-1024x540.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20150310/kjhygtf-300x158.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20150310/kjhygtf-768x405.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20150310/kjhygtf.png 1186w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/real-estate/24/12/42627706/no-laughing-matter-jim-carrey-sells-la-home-of-30-years-after-10m-price-drop-amid-claims-he-needs-the-money">No Laughing Matter: Jim Carrey Sells LA Home of 30 Years After $10M Price Drop Amid Claims He Needs The Money</a></li>
</ul>
Image Via Shutterstock.

Movers

IIPR

Innovative Industrial Properties Shares Are Falling Today: What's Going On?

GameStop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) has outperformed the market over the past 5 years by 72.52% on an annualized basis producing an average annual return of 85.52%. Currently, GameStop has a market capitalization of $13.35 billion. 
Buying $1000 In GME: If an investor had bought $1000 of GME stock 5 years ago, it would be worth $21,311.94 today based on a price of $29.89 for GME at the time of writing.
<h3>GameStop's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734727514_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

Paycom Software Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAYC#NYSE">PAYC</a>) shares are rebounding slightly Friday. This comes following Wednesday's meltdown of more than 10%.
The stock is on the watchlist of many traders. This is why our team of technical analysts has made it our Stock of the Day.
As you can see on the chart, the selloff on Wednesday ended around the $207 level. This wasn't a coincidence. There is support at this level because it was previously a resistance level.
Support forming at former resistance levels is a common occurrence in the stock market. It is due to remorseful sellers trying to buy their shares back.
Some traders and investors who sold shares around $207 in December 2023 and April 2024 thought they made a good move when the stock trended lower soon after. But when this resistance was broken and the stock moved higher last month, many of them came to think they made a mistake.
Read Also: <a href="https://www.benzinga.com/24/12/42624528/government-shutdown-stocks-wobble-paychecks-delayed-holiday-travel-could-change-heres-what-you-need-to-know">Government Shutdown Threat: Stocks Wobble, Holiday Travel And Paychecks Could Face Delays: What You Need To Know</a>
If they can buy their shares back at the same price they sold them for, a number of them decided to do so. As a result, when Paycom fell back to around $207 these remorseful sellers placed buy orders.
This large concentration of orders formed support at the same price that had previously been resistance. The reason why this has the attention of some traders is the stock is now above a gap.
Gaps occur on charts when stocks close at one price and open at a different price. There is no trading between the two prices, so there is nothing to record on a chart. So, there is a blank space or gap.
If there was no trading, then there was no one who sold that regretted doing so when the price moved higher. This means that if the stock trades back through those levels moving in the opposite direction, there won't be any remorseful sellers trying to buy their shares back.
This lack of buy interest means sellers may need to be aggressive and push the price lower to gain the interest of buyers. This could result in a rapid decline in the price.
&#8220;Gaps refill&#8221; is an old saying on Wall Street. It's true — and Paycom may be about to prove it.
Read Next: • <a href="https://www.benzinga.com/general/education/24/12/42625025/santa-claus-rally-in-2024-poll-shows-investors-split-on-end-of-year-returns-57-say-this">Santa Claus Rally In 2024? Poll Shows Investors Split On End Of Year Returns, 57% Say This…</a>
Photo: Courtesy Paycom

Technicals

PAYC

Stock Of The Day: Will Paycom 'Fill The Gap'?

Cryptocurrency markets saw volatile trading on Friday despite <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42606037/etf-market-hits-records-in-2024-inflows-reach-16-trillion-7-funds-top-ranking">growing interest in spot ETFs</a>.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td>
<td>&nbsp;$97,108.38</td>
<td>+0.3%</td>
</tr>
<tr>
<td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td>
<td>&nbsp;$3,462.57</td>
<td>+2.6%</td>
</tr>
<tr>
<td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td>
<td>&nbsp;$190.13</td>
<td>-1.3%</td>
</tr>
<tr>
<td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td>
<td>&nbsp;$2.27</td>
<td>&nbsp;+2.5%</td>
</tr>
<tr>
<td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td>
<td>&nbsp;$0.3152</td>
<td>+0.9%</td>
</tr>
<tr>
<td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td>
<td>&nbsp;$0.00002172</td>
<td>+0.5%</td>
</tr>
</tbody>
</table>
</figure>
Notable Statistics:
<ul>
<li>IntoTheBlock data shows large transaction volume increasing by 4.6% and daily active addresses falling by 0.3%. Transactions greater than $100,000 are up from 13,516 to 13,885 in a single day. Exchanges netflows are down by 312.3%.</li>
<li>Coinglass data reports 327,657 traders were liquidated in the past 24 hours for $963.51 million.</li>
</ul>
Notable Developments:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42611171/kim-jong-uns-north-korea-linked-hackers-steal-13b-in-bitcoin-and-other-cryptocurrencies-in-2024-report">Kim Jong Un&#8217;s North Korea-Linked Hackers Steal $1.3B In Bitcoin And Other Cryptocurrencies In 2024: Report</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42623985/rattled-hawk-tuah-girl-haliey-welch-resurfaces-after-meme-coin-scandal-i-take-this-situation-extremely-seriously">Rattled &#8216;Hawk Tuah Girl&#8217; Haliey Welch Resurfaces After Meme Coin Scandal: &#8216;I Take This Situation Extremely Seriously&#8217;</a></li>
<li><a href="https://www.benzinga.com/24/12/42608825/shytoshi-kusama-says-huge-news-as-shiba-inu-partners-with-chainlink-to-boost-shibarium-ecosystem-tokens">Shytoshi Kusama Shares &#8216;Huge News&#8217; As Shiba Inu Partners With Chainlink To Boost Shibarium, Ecosystem Tokens</a></li>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42609238/el-salvador-buys-bitcoin-dip-scoops-1-million-worth-of-btc-a-day-after-imf-urges-scaling-back">El Salvador Buys Bitcoin Dip, Scoops $1 Million Worth Of BTC A Day After IMF Urges Scaling Back</a></li>
</ul>
Top Gainers:
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Cryptocurrency</td>
<td>Price&nbsp;&nbsp;&nbsp;</td>
<td>Gains +/-</td>
</tr>
<tr>
<td>Ethena (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">ENA</a>)</td>
<td>&nbsp;$1.20&nbsp;</td>
<td>+25.7%</td>
</tr>
<tr>
<td>Hyperliquid (CRYPTO: HYPE)</td>
<td>&nbsp;$29.23</td>
<td>+23%</td>
</tr>
<tr>
<td>Virtuals Protocol (CRYPTO: VIRTUAL)</td>
<td>&nbsp;$2.67</td>
<td>+21.8%</td>
</tr>
</tbody>
</table>
</figure>
Trader Notes: With Bitcoin prices dropping, Stockmoney Lizards explained that after recent liquidations of leveraged long positions, the crypto king's market has cleared out downside liquidity. 
The <a href="https://x.com/StockmoneyL/status/1870160524102480086">focus</a> now shifts to upside potential, with a gradual trend upwards toward the major resistance level of $100,000 being a likely scenario.
Daan Crypto Trades <a href="https://x.com/DaanCrypto/status/1870140926599016868">noted</a> Bitcoin&#8217;s green daily close and highlighted the importance of maintaining momentum for a strong weekend finish.
Altcoin Sherpa shared a chart suggesting a logical pattern for Bitcoin&#8217;s trajectory in the coming weeks.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">something like this makes sense for <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> during the next few weeks <a href="https://t.co/ekvvriHIJz">pic.twitter.com/ekvvriHIJz</a>
&mdash; Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1870153658954068084?ref_src=twsrc%5Etfw">December 20, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Emperor reflected on a successful trading strategy since $49,000, focusing on buying dips caused by excessive leverage and selling pumps. 
While this<a href="https://x.com/EmperorBTC/status/1870120752747511973"> approach</a> yielded gains, the recent drop to $92,000 marked the first loss this season. 
Despite the setback, the last three months provided ample opportunities to double capital, even if this signifies a potential Christmas sell-off or market top.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42612972/bitcoins-2025-outlook-suddenly-looks-uncertain-heres-why">Bitcoin&#8217;s 2025 Outlook Suddenly Looks Uncertain: Here&#8217;s Why</a></li>
</ul>

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

Cryptocurrency

$BTC

$DOGE

$ENA

$ETH

$SHIB

$SOL

$XRP

Bitcoin, Ethereum, XRP, Dogecoin Recover From Day's Losses: 'If This Is The Christmas Sell Off And The Top, So Be It,' Trader Says

Renovaro Inc. (NASDAQ:<a href="https://www.benzinga.com/stock/RENB#NASDAQ">RENB</a>), a pioneer in cancer diagnostics and therapeutics powered by artificial intelligence, today announced that it has received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule, 5550(a)(2). The Company's security will continue to be listed and traded on The Nasdaq Stock Market and this matter is now closed.

RENB

Renovaro Regains Compliance With NASDAQ Listing Requirement

After SoundHound AI&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) breakthrough in 2024, Benzinga caught up with CEO <a href="https://www.benzinga.com/top-stories/23/12/36242654/soundhound-ceo-keyvan-mohajer-building-technology-so-advanced-it-feels-like-magic">Keyvan Mohajer</a> to discuss the company&#8217;s success, <a href="https://www.benzinga.com/topic/artificial-intelligence">artificial intelligence</a> and plans for the future.
Benzinga: SoundHound is closing the year in the headlines after being a relatively overlooked company at the beginning of the year. What was the key moment when the market started giving you credit for all the hard work?
Mohajer: What I constantly tell my team is that we have to do a thousand things right. A subset of those will eventually bring the attention that we deserve, but when that moment comes, everything we've done right up until then matters.
The key moment I'd highlight is the shift among our customers and the industry as a whole. For most businesses now, AI adoption is no longer an exploration within their innovation budgets — it's a mandate.
In that context, SoundHound is in a prime position. Our ability to combine proprietary voice AI technology with sophisticated large language models has allowed us to deliver immense value. In addition, our three-pillar business strategy gives us a unique advantage, enabling us to create a flywheel effect and shape the voice commerce ecosystem of the future.
Benzinga: You have a "three pillars of revenue" business model. After a year of revenue growth, can you summarize how these pillars synchronize and where the next growth could come from?
Mohajer: Our pillar one revenue comes from building AI voice assistants for products, like vehicles, TVs, and smart devices, and our pillar two revenue comes from creating voice AI service agents that businesses can deploy with their customers and employees. 
While these two pillars can succeed independently, we do see a big opportunity to bring them together to create a voice AI ecosystem in a way that generates new revenue streams for device manufacturers, and new leads for customer-centered businesses. This will become our third pillar.&nbsp;
To be more specific, users already speak to their car's AI Assistant, which we power, and they already order food by speaking to the AI agent of a restaurant that we also power. With pillar three, you don't need to go to the drive-through and wait in line. You can speak to your car and place your order in advance. Your car's AI agent will speak to the restaurant's AI agent to get your task done. 
At <a href="https://www.benzinga.com/topic/ces">CES</a>, SoundHound will demonstrate this concept, called the "voice commerce ecosystem," which will ultimately allow people to seamlessly conduct transactions — from ordering food to making appointments or booking tickets — via AI agents directly from cars or TVs just by speaking naturally.
We see AI agents as a huge opportunity, with networks of them communicating with each other to deliver information, process transactions, and improve the lives of both consumers and human employees.&nbsp;
Benzinga: In 2024, you fortified the company&#8217;s portfolio with the acquisitions of Amelia and Allset. What challenges have you encountered in those efforts?
Mohajer: We're extremely fortunate to find businesses that had incredible synergies with what we were already doing. Each has helped us expand our reach into new and exciting markets. Integrating new teams and company cultures, realizing cost and revenue synergies, and bringing the best out of each other is a challenge we don't take lightly. But for the most part, we are very pleased with our acquisitions.
We are now in an impressive range of vertical industries, including highly regulated spaces like health care and financial services, where our technology is deployed with seven of the top 10 global institutions.
Benzinga: Your market cap skyrocketed, but so did your market cap to net cash ratio. Meanwhile, your critics often discuss cash burn and stock-based compensation. What are your expectations for the firm&#8217;s finances in 2025?
Mohajer: We have a strong cash position and constantly calibrate a healthy balance of investing in growth and pursuing profitability. In the third quarter, we reported a revenue increase of 89% year-over-year, and we expect this year's revenue will be in the range of $82-85 million. Next year is looking like $155-$175 million in revenue, and we've also predicted that we'll be adjusted EBITDA positive by the end of next year.
Benzinga: Considering your success with Stellantis (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), the automotive industry seems like a natural home for SoundHound&#8217;s technology. With autonomous vehicles on the horizon and companies like Waymo expanding domestically, is the arrival of your technology into these segments inevitable?
Mohajer: We're proud of the progress we've made with automotive. In addition to rolling out the most sophisticated in-vehicle voice assistant on the market across a broad range of Stellantis brands, we also work with leading global automakers like Hyundai and Kia, and we're making gains in the growing EV space, with four exciting brands signed up to use our conversational AI.&nbsp;
In terms of our technology, we see endless opportunities within automotive — including deploying our technology as part of the move to autonomous vehicles. 
Benzinga: At a $7.5 billion in market cap, SoundHound is in an excellent position to continue rising in 2025. What could we expect in terms of organic growth vs. acquisitions?
Mohajer: We have been experiencing organic growth exceeding 50% for the last several years, driven by increasing commercial traction of our solutions. With the immense opportunities created by generative AI and the accelerating pace of our end markets, we expanded our approach this year to include M&amp;A. This shift has contributed to our momentum, reflected in our last quarter's growth rate of 89%.&nbsp;
We believe programmatic M&amp;A is important, particularly in rapidly transforming industries. That said, we will continue to invest organically across all pillars of our business because the breakthrough opportunities are tremendous.&nbsp;
When acquisition opportunities arise that (1) align with and amplify our strategy, (2) help us move from point A to point B faster or more efficiently, (3) can be effectively operationalized, and (4) come at an attractive price, we won't hesitate to take action.&nbsp;
Benzinga: Is there anything else you want to tell our readers?
Mohajer: We're lucky to have had some great champions, investors, partners and customers out there who have really believed in SoundHound AI and our vision. Today, our technology powers hundreds of global enterprise brands, thousands of restaurant and retail locations, and millions of vehicles and devices — and we're just getting started.
SOUN Price Watch: Shares of SoundHound AI were trading 13.2% higher at $21.34 ahead of the close Friday. The stock is up 882% year-to-date.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/24/12/42607733/heres-what-the-latest-congressional-ai-report-could-mean-for-big-tech">Here&#8217;s What The Latest Congressional AI Report Could Mean For Big Tech</a></li>
</ul>
Photo: Shutterstock

Management

Exclusives

Tech

Interview

SOUN

STLA

EXCLUSIVE: SoundHound AI CEO On 882% Growth — 'We're Just Getting Started'

Shares of Enovix Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENVX#NASDAQ">ENVX</a>) are trading higher Friday after the company shipped its first samples of the second-generation EX-2M battery to mobile phone customers.
The samples were manufactured at the company's Malaysian Fab 2 plant and demonstrated an energy density improvement of approximately 10% compared to the first-generation EX-1M batteries.
The batteries are scheduled for a 2026 launch and are expected to maintain the company's energy density advantage in the smartphone industry. The company also received its first purchase order for custom battery samples from a mobile phone customer under a non-disclosure agreement. 
CEO Raj Talluri confirmed that the company remains on schedule to complete site acceptance testing for the high-volume manufacturing line at the Malaysian facility by the end of the month.
ENVX Price Action: Enovix Corporation shares were up 21.2% at $9.72 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1733167806337199"><img loading="lazy" decoding="async" width="1024" height="537" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20141506/sdfghjk-1024x537.png" alt="" class="wp-image-702337" style="width:436px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20141506/sdfghjk-1024x537.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20141506/sdfghjk-300x157.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20141506/sdfghjk-768x402.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20141506/sdfghjk.png 1164w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/real-estate/24/12/42626714/three-women-built-a-1-2-million-home-for-communal-living-as-a-solution-to-growing-old-together">Three Women Built A $1.2 Million Home For Communal Living As A Solution To Growing Old Together</a></li>
</ul>
Photo Credit: Courtesy of Enovix Corporation.

ENVX

Enovix Corporation Shares Are Up Today: What's Going On?

On paper, Beyond Meat Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BYND#NASDAQ">BYND</a>) seemingly represents one of the more compelling investment opportunities. In 2022, a Deloitte survey revealed that <a href="https://www.benzinga.com/markets/penny-stocks/22/07/27981691/90-of-consumers-under-40-report-wanting-healthier-eco-friendlier-options-this-plant-based-br">90% of younger consumers</a> — despite encountering financial constraints — made at least some effort to reduce their environmental impact, including using plant-based foods. Unfortunately, this positive sentiment backdrop hasn't done many favors for BYND stock in recent years.
One major clue that the business isn't clicking is that Beyond continues to march forward with <a href="https://www.benzinga.com/24/11/41982695/whats-going-on-with-beyond-meat-stock-today">new product innovations</a> but yielding no sustained positive price action in BYND stock. For example, shares temporarily popped higher in November when the company announced its latest product called Beyond Sun Sausage. Unfortunately, the pop was short-lived, with BYND losing about 31% of value in the trailing month.
Another clue is the poor financial performance. It's true that Beyond is paring down its losses per share over the past few quarters. However, <a href="https://www.benzinga.com/quote/BYND/earnings">revenue growth has largely declined</a> on a year-over-year basis. And with that, it's hardly surprising that the vast majority of <a href="https://www.benzinga.com/quote/BYND/insider-trades">insider transactions</a> have been sales of BYND stock.
Check This Out: <a href="https://www.benzinga.com/general/education/24/12/42625025/santa-claus-rally-in-2024-poll-shows-investors-split-on-end-of-year-returns-57-say-this">Santa Claus Rally In 2024? Poll Shows Investors Split On End Of Year Returns, 57% Say This…</a>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="583" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20140856/BYND-stock-12202024-1024x583.jpg" alt="" class="wp-image-702330" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20140856/BYND-stock-12202024-1024x583.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20140856/BYND-stock-12202024-300x171.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20140856/BYND-stock-12202024-768x437.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20140856/BYND-stock-12202024.jpg 1045w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Finally, the immediate technical situation is difficult to ignore. Beyond Meat stock struggled to hold onto the critical $5 support line in November and it conspicuously failed to grip the $4 level as well. Even the $3.50 level appears questionable, tempting an options strategy called the bear call spread.
<h2 class="wp-block-heading">Underwriting the Risk That BYND Stock Will Stay Subdued</h2>
A distinct multi-leg transaction, the <a href="https://help.benzinga.com/en/articles/6332601-bear-call-spread-options-trade">bear call spread</a> — as implied in the name — represents a pessimistic trade. The basic idea is the trader entering the position anticipates the target security to fall in value. However, unlike a "directly" bearish wager, the bear call starts from a cash inflow position.
Structurally, the trader sells a call option for a given expiration date while simultaneously buying a call at a higher strike price. Naturally, the gross debit paid for the long call cuts into the income received from the short call credit. However, buying the long call is important in case the stock moves against the trader (i.e. in the upward direction).
Therefore, the bear call spread features a capped-risk, capped-reward opportunity. Effectively, the speculator is underwriting the risk that the target security will not rise above the breakeven threshold. Ideally, the stock in question will drop to the short call strike or slightly below to collect the maximum reward, which is called the yield.
Generally speaking, the higher the yield, the less likely it is that the bear call spread will pan out successfully for the risk underwriter. At the same time, extremely low yields may pose a significant positional risk due to the amount of capital in danger of incurring the maximum loss.
<h2 class="wp-block-heading">Targeting the $3.50 Level</h2>
For a quick yield opportunity, traders may consider selling the 3.50/4.00 bear call spread for the options chain expiring Jan. 3, 2025. At the time of writing, the individual process involves selling the $3.50 call at a bid of 20 cents and buying the $4 call at an ask of 12 cents. Applying the options multiplier, the maximum reward is $8 for every $42 at risk or a yield of slightly more than 19%.
While it's not the most exciting reward, the timeframe comes out to only two business weeks. Further, BYND stock needs to fall to $3.50 (or lower) to receive the maximum yield. That's a doable proposition given the security's technical and fundamental woes.
Lastly, while businesses always have a chance at a comeback, Beyond Meat has consistently disappointed its stakeholders. Since the start of the year, BYND has lost about 56% of its value. With insiders not believing in their own stock, it's a gargantuan task to convince outside investors to take the plunge.
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Photo: Shutterstock

Short Ideas

Options

BYND

Options Corner: Extract Quick Yield Off Beyond Meat's Volatility With Bear Call Spreads

LiveOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVO#NASDAQ">LVO</a>), an award-winning, creator-first, music, entertainment, and technology platform, announced today that the company received a formal written notice from The Nasdaq Stock Market LLC ("Nasdaq") that LiveOne has regained compliance with Nasdaq's minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) and that this matter is now closed. LiveOne's shares of common stock will continue to trade on Nasdaq under the symbol "LVO".
This confirmation follows the Company's continued efforts to improve its balance sheet by enhancing shareholder value.

LiveOne Regains Compliance With Nasdaq Listing Standards

- Approximately 300 more people with cystic fibrosis in the U.S. are now eligible for a medicine that treats the underlying cause of their disease for the first time -
<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.vrtx.com&amp;esheet=54170169&amp;newsitemid=20241220045992&amp;lan=en-US&amp;anchor=Vertex+Pharmaceuticals+Incorporated&amp;index=1&amp;md5=ffbc5d7de74fa299bcc8817d376d92a0">Vertex Pharmaceuticals Incorporated</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>) today announced the U.S. Food and Drug Administration (FDA) has approved the expanded use of TRIKAFTA&#xAE; (elexacaftor/tezacaftor/ivacaftor and ivacaftor) for the treatment of people with cystic fibrosis (CF) ages 2 and older who have at least one F508del mutation in the cystic fibrosis transmembrane conductance regulator (CFTR) gene or a mutation that is responsive to TRIKAFTA based on clinical and/or in vitro data. In addition, safety information on liver injury and liver failure has been updated from warnings and precautions to a boxed warning. With this approval, 94 additional non-F508del CFTR mutations have been added to the TRIKAFTA label, and approximately 300 additional people with CF in the U.S. are now eligible for a medicine to treat the underlying cause of their disease for the first time.

Biotech

VRTX

Vertex Announces U.S. FDA Approval For TRIKAFTA To Include Additional Non-F508del TRIKAFTA-Responsive Variants

Each week,&nbsp;Benzinga&#8217;s Stock Whisper Index&nbsp;uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the&nbsp;<a href="https://www.benzinga.com/topic/stock-whisper-index" target="_blank" rel="noreferrer noopener">surface and deserve attention</a>.
Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless methods available to retail traders, the challenge often lies in sifting through the abundance of information to uncover new opportunities and understand why certain stocks should be of interest.
Read Also:&nbsp;<a href="https://www.benzinga.com/top-stories/24/11/41718416/exclusive-top-20-most-searched-tickers-on-benzinga-pro-in-october-2024-where-do-tesla-nvidia-apple-d" target="_blank" rel="noreferrer noopener">EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In October 2024 — Where Do Tesla, Nvidia, Apple, DJT Stock Rank?</a>
Here's a look at the Benzinga Stock Whisper Index for the week ending Dec. 20:
D-Wave Quantum (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QBTS#NYSE">QBTS</a>): The company was one of several quantum computing stocks that continued to see strong interest from readers <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42380768/quantum-computing-stocks-roundup-d-wave-rigetti-ionq-lead-the-charge-with-explosive-growth">during the week.</a> The stocks <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42517239/d-wave-quantum-shares-are-on-the-rise-monday-whats-going-on">traded higher</a> on the week after news from Google that its Willow quantum chip made a breakthrough in quantum computing. The breakthrough of Willow has investors looking for quantum computing companies that could benefit as more eyes are on the sector heading into 2025. Analysts<a href="https://www.benzinga.com/quote/QBTS/analyst-ratings"> are taking notice</a> as well with Craig Hallum maintaining a Buy rating and raising the price target from $2.50 to $9, Benchmark maintaining a Buy rating and raising the price target from $3 to $8 and Roth MKM maintaining a Buy rating and raising the price target from $3 to $7.
The stock was up significantly over the last five days, as shown on the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1">Benzinga Pro chart below</a>. The stock is up over 800% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="999" height="502" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151022/Screenshot-273.png" alt="" class="wp-image-702398" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151022/Screenshot-273.png 999w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151022/Screenshot-273-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151022/Screenshot-273-768x386.png 768w" sizes="(max-width: 999px) 100vw, 999px" /></a></figure>
Quantum Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>): Similar to D-Wave, Quantum Computing is one of the handful of stocks seeing increasingly more attention from readers thanks to soaring interest in the quantum computing space. The company recently <a href="https://www.benzinga.com/news/24/12/42554980/whats-going-on-with-quantum-computing-qubt-stock">announced a prime contract </a>from NASA for imaging and data processing support that will use the company's Dirac-3 entropy quantum optimization machine. Quantum Computing said the contract could lead to additional deals if successful. The company has also announced a share offering to strengthen its financial position.
The stock was up significantly over the past week. Shares are up over 1,800% year-to-date in 2024.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151040/Screenshot-274.png" alt="" class="wp-image-702399" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151040/Screenshot-274.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151040/Screenshot-274-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151040/Screenshot-274-768x386.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
SoundHound AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>): The voice AI company returns to the Stock Whisper Index for a second time in December. The company <a href="https://www.benzinga.com/24/12/42491511/soundhound-ai-shares-are-surging-friday-what-you-need-to-know">recently highlighted its </a>awards and recognition it has received in the conversational AI market. A partnership with Church's Texas Chicken for voice AI drive-thru ordering solutions has also put the company into the spotlight as it continues to help restaurants reduce wait times, streamline operations and improve costs with its AI offerings. When SoundHound <a href="https://www.benzinga.com/general/biotech/24/12/42366750/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">last appeared in </a>the Stock Whisper Index, the company's AI Smart Ordering system was highlighted. The company&#8217;s AI-powered restaurant solutions are in use at more than 10,000 locations around the world, with the technology helping with phone, kiosk, drive-thru and headset ordering systems. The company also recently said its Amelia conversational AI agent has handled over 100,000 customer calls in 2024, helping with operational efficiency for customers. The stock has also been mentioned as a <a href="https://www.benzinga.com/trading-ideas/technicals/24/12/42509206/soundhound-ai-soars-over-700-short-squeeze-potential-has-traders-talking">potential short squeeze</a> with 13.6% of the float short according to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1">Benzinga Pro data.</a>
Hear more about SoundHound from the company's CEO Mike Zagorsek in an exclusive interview <a href="https://www.benzinga.com/top-stories/24/10/41461461/exclusive-soundhound-ai-wants-to-voice-enable-the-world-for-effortless-conversations-between-people">with Benzinga here.</a>
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1001" height="505" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151057/Screenshot-275.png" alt="" class="wp-image-702400" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151057/Screenshot-275.png 1001w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151057/Screenshot-275-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151057/Screenshot-275-768x387.png 768w" sizes="(max-width: 1001px) 100vw, 1001px" /></a></figure>
MercadoLibre Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>): The Latin American e-commerce company saw strong interest from readers without any major news from the company. The stock may have fallen on concerns of Brazilian stocks due to lower valuations for its currency. The 2024 election and questions about international relations may also have sent shares of Latin American stocks lower in recent weeks. MercadoLibre reported third-quarter financial results in November with earnings per share missing analyst estimates and revenue beating analyst estimates for an eighth straight quarter. Several <a href="https://www.benzinga.com/quote/MELI/analyst-ratings">analysts maintained bullish </a>ratings on the stock, but lowered price targets after the recent financial results.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="995" height="501" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151110/Screenshot-276.png" alt="" class="wp-image-702401" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151110/Screenshot-276.png 995w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151110/Screenshot-276-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151110/Screenshot-276-768x387.png 768w" sizes="(max-width: 995px) 100vw, 995px" /></a></figure>
Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>): The discount apparel retailer saw increased interest from readers during the week, which comes after <a href="https://www.benzinga.com/24/11/42193486/burlington-stores-faces-warm-weather-setback-q3-revenue-miss-raises-stakes-for-holiday-season">third-quarter financial results</a> were reported in late November. The company saw revenue up 11% year-over-year in the quarter, but the revenue figure missed analyst estimates. The company cited warmer weather as a reason for comparable sales being lower than expected. Management was optimistic that the fourth quarter would see strong growth. The majority of analysts <a href="https://www.benzinga.com/quote/BURL/analyst-ratings">raised their price targets</a> on the stock after the quarterly financial report.
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="503" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151125/Screenshot-277.png" alt="" class="wp-image-702402" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151125/Screenshot-277.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151125/Screenshot-277-300x151.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/20151125/Screenshot-277-768x387.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Stay tuned for next week&#8217;s report, and follow Benzinga Pro for all the latest headlines and&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent122024&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">top market-moving stories here.</a>
Read the latest Stock Whisper Index reports here:
<ul>
<li><a href="https://www.benzinga.com/real-estate/reit/24/11/42250431/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet-45" target="_blank" rel="noreferrer noopener">November 29</a></li>
<li><a href="https://www.benzinga.com/general/biotech/24/12/42366750/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet" target="_blank" rel="noreferrer noopener">December 6</a></li>
<li><a href="https://www.benzinga.com/general/social-media/24/12/42490690/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">December 13 </a></li>
</ul>
Read Next: 
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<li><a href="https://www.benzinga.com/general/market-summary/24/12/42569883/quantum-computing-rigetti-d-wave-skyrocket-up-to-300-in-5-sessions-after-google-unveils-willow-chip-but-analysts-urge-caution-not-every-tiktok-guitarist-is-the-next-taylor-swift">Quantum Computing, Rigetti, D-Wave Skyrocket Up To 300% In 5 Sessions After Google Unveils Willow Chip, But Analysts Urge Caution: &#8216;Not Every TikTok Guitarist Is The Next Taylor Swift&#8217;</a></li>
</ul>

BURL

MELI

QBTS

QUBT

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet, Including QUBT, QBTS

In a world where hunger kills more people each year than malaria, tuberculosis and AIDS combined, Elon Musk's bold proposition in October 2021 sparked an unusual yet critical conversation.&nbsp;
The <a href="https://www.benzinga.com/personal-finance/24/07/39668044/labor-economist-says-if-elon-musk-paid-for-social-security-on-his-salary-for-an-entire-year-it-w">tech billionaire, known for electrifying industries</a> and aiming for Mars, turned his attention back to Earth when David Beasley, head of the UN's World Food Programme (WFP), pleaded for billionaires to step up now "on a one-time basis."
Beasley declared on CNN that "$6 billion to help 42 million people that are literally going to die if we don't reach them. It's not complicated."&nbsp;
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<li>The average American couple has saved this much money for retirement —<a href="http://www.benzinga.com/money/smartasset"> How do you compare</a>?</li>
<li>Can you guess how many Americans successfully retire with $1,000,000 saved?<a href="https://www.benzinga.com/money/1milsaved"> The percentage may shock you</a>.</li>
</ul>
Musk, <a href="https://www.benzinga.com/startups/24/12/42496960/elon-musk-tried-to-create-a-new-intergalactic-media-empire-called-thud-he-offered-2-million-to-onion-editors-and-poached-staff-away">never one to shy away</a> from a public challenge, fired back on X (formerly Twitter): "If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1454808104256737289?ref_src=twsrc%5Etfw">October 31, 2021</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The audacious response was classic Musk – direct and laced with a demand for transparency. He stipulated that the WFP's plan must include open-source accounting, ensuring the world could scrutinize every dollar.&nbsp;
See Also: It&#8217;s no wonder Jeff Bezos holds over $70 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
In a separate post on X, tagging Musk, Beasley clarified that while the funds wouldn't end hunger entirely, they could prevent famine for millions on the brink of starvation. Rising to Musk's challenge, the WFP presented a comprehensive plan to use $6.6 billion to provide urgent relief to 42 million people across 43 nations.
In the document shared by Beasley, the WFP explained exactly how the money would be allocated. The largest portion –$3.5 billion – was designated for purchasing and delivering food directly to those in need. Another $2 billion was set aside for cash and food vouchers, including transaction fees, to be distributed in areas where local markets could still function.
To ensure the aid was effective, $700 million would go toward managing new food programs tailored to each country&#8217;s unique conditions, prioritizing the most vulnerable populations. To maintain transparency and efficiency, the final $400 million was earmarked for operations management, administration, accountability and supply chain coordination.
Trending: Many are using retirement income calculators to check if they&#8217;re on pace —<a href="https://www.benzinga.com/money/how-do-i-calculate-my-retirement-income-adv"> here&#8217;s a breakdown on what&#8217;s behind this formula.</a>
"The world is on fire," Beasley wrote on X, emphasizing the urgency of the situation and the need for swift, decisive action to combat the growing crisis.
While Musk didn't directly donate $6 billion to the WFP but he contributed $5.7 billion in Tesla stock to his Musk Foundation later that year. According to reports, the exact allocation of these funds remains opaque, leaving critics and supporters alike to speculate on their impact. Meanwhile, the hunger crisis deepened.&nbsp;
According to The State of Food Security and Nutrition in the World 2024 report, 733 million people – roughly one in eleven globally – face hunger. This number has hovered at alarming levels for three years straight, highlighting the scale of the challenge. Despite billions in aid and efforts from governments and NGOs, the <a href="https://www.benzinga.com/24/12/42531924/elon-musk-had-a-food-budget-of-30-a-month-his-diet-was-mostly-hot-dogs-and-oranges-in-america-its-pretty-easy-to-keep-yourself-alive">systemic issues fueling hunger</a> remain deeply entrenched.
Although Beasley may think billionaires are the ticket to solving the crisis, the reality is far more complex. While billionaires like Musk can make significant contributions, world hunger isn't a problem money alone can solve. The crisis stems from a tangled web of causes – conflict, climate change, economic inequality and broken supply chains – that demand systemic solutions.&nbsp;
Read Next:
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<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
</ul>

Personal Finance

Elon Musk Told The U.N. If They Could Show A Plan For Ending World Hunger He'd Donate $6 Billion – 'I Will Sell Tesla Stock Right Now And Do It'

In the current market session, Cintas Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTAS#NASDAQ">CTAS</a>) share price is at $186.43, after a 1.99% spike. Moreover, over the past month, the stock fell by 15.93%, but in the past year, went up by 23.79%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1734726613_0.png" alt="Past Year Chart" />

<h3>Cintas P/E Ratio Analysis in Relation to Industry 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. 
Cintas has a lower P/E than the aggregate P/E of 44.59 of the Commercial Services &amp; Supplies 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/2024/1734726613_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

Markets

CTAS

A Look Into Cintas Inc's Price Over Earnings

Streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) landed the U.S. media rights to the 2027 and 2031 Women's World Cup adding to its recent push into live sports, set to be front and center with two NFL games <a href="https://www.benzinga.com/general/sports/24/12/42354185/nfl-games-set-thanksgiving-day-records-why-this-is-good-and-bad-news-for-streaming-giant-netflix">on Christmas Day.</a>
What Happened: For years, Netflix has been a streaming platform <a href="https://www.benzinga.com/general/entertainment/22/03/26401426/after-formula-one-success-netflix-is-filming-a-docuseries-on-this-sport">for sports documentaries</a> that avoided live sporting content.
In recent years, the company dipped its toes in live content with comedy specials, a roast of Tom Brady and some one-off sporting events. Things escalated in 2024 with the live boxing event that featured Jake Paul and Mike Tyson.
Netflix is now adding one of the largest sporting events in the world to its library of live sports content <a href="https://inside.fifa.com/about-fifa/commercial/media-releases/fifa-netflix-historic-broadcast-deal-2027-2031-womens-world-cup">announcing </a>the "landmark media rights deal" for the 2027 and 2031 FIFA Women's World Cups rights for the U.S. and Puerto Rico across all languages.
Netflix will also produce an exclusive documentary series on women's soccer for both World Cups.
"I've seen the fandom for the FIFA Women's World Cup grow tremendously — from the electric atmosphere in France in 2019 to, most recently, the incredible energy we saw across Australia and Aotearoa New Zealand last year," Netflix Chief Content Officer Bela Bajaria said.
The 2027 Women's World Cup, which will be held in Brazil, takes place from June 24 through July 25 with 32 teams competing for the championship. The 2031 Women's World Cup host nation has not been decided yet.
Read Also: <a href="https://www.benzinga.com/news/earnings/24/10/41391637/netflix-q3-earnings-revenue-beats-eps-tops-q4-guidance-projects-subscriber-boost-from-squid-game-nf">Netflix Q3 Earnings: Revenue Beats, EPS Tops, Q4 Guidance Projects Subscriber Boost From &#8216;Squid Game,&#8217; NFL, And Boxing</a>
Why It's Important: Netflix isn't new to soccer having made several documentaries about soccer teams and figures including David Beckham, Neymar, Boca Juniors and the "Under Pressure: The U.S. Women's World Cup Team" series on the 2023 U.S. Women's team.
The strategy of sports documentaries and one-off events appears to be escalating with new media rights deals.
"We're super excited about the success of our sports-adjacent programming," Netflix co-CEO Ted Sarandos <a href="https://www.benzinga.com/general/entertainment/23/07/33308114/netflix-doesnt-want-to-live-sports-and-chill-were-happy-with-sports-adjacent-programming-ce">said last year.</a>
Sarandos said at the time that Netflix didn't need to get into "live sports licensing" at the time.
"We aren't anti-sports, we're pro-profit," Sarandos said last January.
The Paul vs. Tyson boxing match may have really kick-started plans for more live sports with <a href="https://www.benzinga.com/general/sports/24/12/42492251/netflix-ceo-says-paul-tyson-fight-really-phenomenal-strong-demand-for-nfl-game-advertising">huge viewership figures</a> and Sarandos recently saying Netflix may have left money on the table for advertising during the boxing match.
&#8220;If we knew the audience would be that big, we probably would have done a lot more selling on that fight," Sarandos said.
The NFL Christmas Day games have seen huge advertising demand and <a href="https://www.benzinga.com/general/sports/24/12/42512587/netflix-analyst-say-its-only-investable-media-stock-projects-150-million-nfl-christmas-day-boost">one analyst predicts</a> that Netflix might make as much from advertising as it paid for the media rights, making it a free way to try and grab new subscribers.
Sarandos hinted recently at doing more "big-scale live events" and doing them more frequently. Whether this meant the Women's World Cup could remain a mystery.
For Netflix, live sports events offer a way to gain subscribers and diversify its content. The events also allow the company to grow its advertising revenue with the ad-supported plans a growing focus.
The U.S. Women's soccer team won World Cups in 1991, 1999, 2015 and 2019 and is one of the top countries in the tournament of all time. An early exit in the 2023 tournament saw the team go home in the knockout rounds with a loss to Sweden decided in penalty kicks after a 0-0 tie.
Despite the early exit, U.S. media rights partner Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) saw strong viewership. A group stage matchup against the Netherlands had 6.4 million average viewers, setting new records for a group stage match as reported by <a href="https://deadline.com/2023/08/2023-womens-world-cup-record-ratings-us-markets-fox-telemundo-peacock-1235523315/">Deadline</a>.
The knockout game with Sweden, which aired at 5 a.m. ETT in the U.S. averaged 2.5 million viewers despite the early airing. The four U.S. games averaged 3.8 million viewers, up 2% from the 2019 Women's World Cup U.S. games, but with major time zone difficulties at play. The team's final group match aired at 3 a.m. ET and had 1.3 million viewers.
With the next Women's World Cup in Brazil, Netflix should benefit from time zones that make the matches more in-line with American viewership.
Fox currently has the U.S. media rights to the Men's World Cup through 2026, which could set the Men's World Cup up for an intense round of bidders soon. Fox has rights to several other major soccer tournaments and will likely push hard to retain the Men's World Cup, especially after losing the Women's tournaments to Netflix.
Netflix begins broadcasting WWE events in January as part of an agreement with the company&#8217;s owner TKO Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKO#NYSE">TKO</a>). Sarandos said WWE fits into the mold of a younger audience and treats sporting contests like big events.
NFLX Price Action: Netflix stock trades at $911.70 on Friday versus a 52-week trading range of $461.86 to $941.75. Netflix stock is up 96% year-to-date in 2024.
Read Next: 
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<li><a href="https://www.benzinga.com/general/entertainment/24/12/42305013/squid-game-season-2-includes-new-games-contestant-with-a-crypto-background-revenge-factor-political-overtones">&#8216;Squid Game&#8217; Season 2 Includes New Games, Contestant With A Crypto Background, Revenge Factor, Political Overtones</a></li>
</ul>
Photos: Courtesy FIFA, Shutterstock

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Benzinga readers pick which Magnificent 7 stock could have the best performance if there is a<a href="https://www.benzinga.com/topic/santa-claus-rally"> Santa Claus rally</a> to close 2024 and kickstart 2025.
What Happened: The majority of the <a href="https://www.benzinga.com/topic/magnificent-seven">Magnificent 7 stocks </a>have outperformed the S&amp;P 500 year-to-date in 2024. With a limited number of trading days left to close out the year, one last question on the mind of investors is whether there will be a Santa Claus rally.
The term &#8220;Santa Claus rally&#8221; was first used by Yale Hirsch in 1972 in the Stock Trader's Almanac. The term is associated with the last five trading days of a year and the first two days of the following year.
Check This Out: <a href="https://www.benzinga.com/general/education/24/12/42625025/santa-claus-rally-in-2024-poll-shows-investors-split-on-end-of-year-returns-57-say-this">Santa Claus Rally In 2024? Poll Shows Investors Split On End Of Year Returns, 57% Say This…</a>
Combine the Santa Claus rally potential and the Magnificent 7 outperformance in 2024, and you have the latest Benzinga poll.
"Which Magnificent 7 stock will do the best if there's a Santa Rally?" Benzinga asked.
The results were:
<ul>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>): 28%</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>): 25%</li>
<li>Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>): 17%</li>
<li>Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>): 9%</li>
<li>Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>): 9%</li>
<li>Meta Platforms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>): 7%</li>
<li>Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>): 5%</li>
</ul>
Nvidia was the winner of the poll with more than one-fourth of the vote, which comes as the stock is the top performer among the Mag 7 stocks for year-to-date and five-year gains. Trailing Nvidia was Tesla, with exactly one-fourth of the vote.
Amazon also received a double-digit percentage ranking third at 17%. The other Mag 7 stocks had much smaller percentages in the poll.
Read Also: <a href="https://www.benzinga.com/tech/24/11/42143676/which-magnificent-7-stock-should-doj-target-next-benzinga-poll-finds-over-50-say">Which Magnificent 7 Stock Should DOJ Target Next? Benzinga Poll Finds Over 50% Say&#8230;</a>
Why It's Important: The expectation for a Santa Claus Rally comes with major stock market indexes enjoying a strong 2024 and could add to their year-to-date gains.
Here are the current year-to-date returns of three of the largest market index ETFs.
<ul>
<li>SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>): +23.8%</li>
<li>Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>): +28.1%</li>
<li>SPDR Dow Jones Industrial Average ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>): +12.7%</li>
</ul>
For comparison, here are the year-to-date returns of the Magnificent 7 stocks:
<ul>
<li>Nvidia: +177.8%</li>
<li>Tesla: +77.4%</li>
<li>Meta Platforms: +72.9%</li>
<li>Amazon: +49.8%</li>
<li>Alphabet: +38.3%</li>
<li>Apple: +35.8%</li>
<li>Microsoft: +18.7%</li>
</ul>
Nvidia has significantly outperformed the S&amp;P 500 and other major indexes and also the other Magnificent 7 stocks. The Benzinga poll shows that readers think Nvidia could go out on a high note in 2024 and kick 2025 off with a bang if there is a Santa Claus rally.
Only Microsoft trails the S&amp;P 500 and Invesco QQQ Trust year-to-date returns in 2024, showing the strength of the Magnificent 7 stocks this year. 
<a href="https://www.benzinga.com/tech/24/11/42121665/could-another-magnificent-7-stock-beat-nvidia-in-2025-poll-says-not-likely-27-pick-this-potential-winner">A recent Benzinga poll</a> asked if any Magnificent 7 stocks could beat Nvidia for stock returns in 2025. The results were:
<ul>
<li>None – Nvidia will dominate: 48%</li>
<li>Tesla: 27%</li>
<li>Amazon: 8%</li>
<li>Meta: 7%</li>
<li>Alphabet: 6%</li>
<li>Microsoft: 3%</li>
<li>Apple: 2%</li>
</ul>
The poll found the near-majority predicting Nvidia will have the strongest growth in 2025 and dominate the Magnificent 7 stocks once again.
Based on the recent polls, Benzinga readers don't expect the gains for Nvidia to stop anytime soon and a Santa Claus rally could accelerate the company's potential 2025 gains.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42352997/santa-rally-here-are-10-sp-500-stocks-that-historically-outperformed-in-decembers-second-half">Santa Rally: 10 S&amp;P 500 Stocks That Outperform In December&#8217;s Second Half</a></li>
</ul>
The study was conducted by Benzinga from Dec. 18 through Dec. 19, 2024, and included the responses of a diverse population of adults 18 or older. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from 169 adults.
Image created using photos from Shutterstock.

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Which Magnificent 7 Stock Will Do Best In Santa Claus Rally? Tesla Edged Out As 28% Select…

Deep-pocketed investors have adopted a bullish approach towards Carvana (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in CVNA usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 59 extraordinary options activities for Carvana. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 40% leaning bullish and 38% bearish. Among these notable options, 46 are puts, totaling $3,416,972, and 13 are calls, amounting to $1,001,995.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $60.0 to $300.0 for Carvana over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Carvana's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Carvana's whale activity within a strike price range from $60.0 to $300.0 in the last 30 days. 
<h3>Carvana Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734725418_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$8.2</td>
<td>$7.15</td>
<td>$8.0</td>
<td>$200.00</td>
<td>$800.0K</td>
<td>6.3K</td>
<td>1.6K</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$163.35</td>
<td>$161.2</td>
<td>$161.2</td>
<td>$60.00</td>
<td>$290.1K</td>
<td>2.2K</td>
<td>31</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$15.0</td>
<td>$13.5</td>
<td>$14.25</td>
<td>$220.00</td>
<td>$285.0K</td>
<td>3.6K</td>
<td>208</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$7.95</td>
<td>$7.1</td>
<td>$7.72</td>
<td>$200.00</td>
<td>$154.4K</td>
<td>6.3K</td>
<td>669</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$56.95</td>
<td>$56.5</td>
<td>$56.95</td>
<td>$250.00</td>
<td>$142.3K</td>
<td>45</td>
<td>101</td>
</tr>
</tbody>
</table>

<h3>About Carvana</h3>
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
<h3>Carvana's Current Market Status</h3>
<ul>
<li>Trading volume stands at 2,238,104, with CVNA's price down by -0.48%, positioned at $221.91.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 62 days.</li>
</ul>
<h3>Professional Analyst Ratings for Carvana</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $298.3333333333333.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Needham has decided to maintain their Buy rating on Carvana, which currently sits at a price target of $330. 
&#x2A; Maintaining their stance, an analyst from Evercore ISI Group continues to hold a In-Line rating for Carvana, targeting a price of $245. 
&#x2A; An analyst from JMP Securities downgraded its action to Market Outperform with a price target of $320. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Carvana options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

CVNA

This Is What Whales Are Betting On Carvana

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