Market-Moving News for October 20th
Portfolio Pulse from ryanfaloona@benzinga.com
Knight-Swift Transportation (KNX) shares are trading higher after reporting better-than-expected Q3 results. Intuitive Surgical (ISRG) shares are trading lower after mixed Q3 results. SolarEdge (SEDG) shares are trading lower after issuing preliminary Q3 revenue results below estimates and lowering its non-GAAP gross margin guidance.
October 20, 2023 | 12:46 pm
News sentiment analysis
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NEGATIVE IMPACT
Intuitive Surgical shares are trading lower after mixed Q3 results.
Intuitive Surgical reported mixed Q3 results, which could create uncertainty among investors and lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
SolarEdge shares are trading lower after issuing preliminary Q3 revenue results below estimates and lowering its non-GAAP gross margin guidance.
SolarEdge issued preliminary Q3 revenue results below estimates and lowered its non-GAAP gross margin guidance, which is a negative signal for investors and could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Knight-Swift Transportation shares are trading higher after better-than-expected Q3 results.
Knight-Swift Transportation reported better-than-expected Q3 results, which is a positive signal for investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100