Paysafe, Taylor Devices, SomaLogic And Other Big Stocks Moving Higher On Tuesday
Portfolio Pulse from Lisa Levin
Despite a general downturn in the US stock market, several stocks recorded gains. Pharvaris N.V. surged 19.4% after an upgrade from Morgan Stanley. Paysafe Limited jumped 18.9% after reporting Q2 FY23 revenue growth of 6% YoY, beating consensus. Taylor Devices, Inc. surged 18.6% following Q4 results. Grindr Inc. jumped 10.7% after reporting YoY increase in Q2 sales. SomaLogic, Inc. gained 10.6% after reporting better-than-expected Q2 results and issuing guidance. NextDecade Corporation climbed 10.3% after an upgrade from Stifel. Humacyte, Inc. gained 9.2% after a reiteration from Benchmark. Riskified Ltd. rose 8.2% after posting upbeat quarterly sales and boosting FY23 revenue guidance.
August 15, 2023 | 2:43 pm
News sentiment analysis
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POSITIVE IMPACT
Grindr Inc. jumped 10.7% after reporting YoY increase in Q2 sales.
The stock jumped after reporting YoY increase in Q2 sales, indicating positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Humacyte, Inc. gained 9.2% after a reiteration from Benchmark.
The stock gained after a reiteration from Benchmark, indicating positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
NextDecade Corporation climbed 10.3% after an upgrade from Stifel.
The stock climbed after an upgrade from Stifel, indicating positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Pharvaris N.V. surged 19.4% after an upgrade from Morgan Stanley.
The stock surged after an upgrade from Morgan Stanley, indicating positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Paysafe Limited jumped 18.9% after reporting Q2 FY23 revenue growth of 6% YoY, beating consensus.
The stock jumped after reporting better-than-expected Q2 FY23 revenue, indicating positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Riskified Ltd. rose 8.2% after posting upbeat quarterly sales and boosting FY23 revenue guidance.
The stock rose after posting upbeat quarterly sales and boosting FY23 revenue guidance, indicating positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SomaLogic, Inc. gained 10.6% after reporting better-than-expected Q2 results and issuing guidance.
The stock gained after reporting better-than-expected Q2 results and issuing guidance, indicating positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Taylor Devices, Inc. surged 18.6% following Q4 results.
The stock surged following Q4 results, indicating positive investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100