Crude Oil Edges Higher; Thermo Fisher Scientific Cuts FY23 Forecast
Portfolio Pulse from Lisa Levin
Thermo Fisher Scientific Inc. (TMO) reported mixed Q3 results and lowered its FY23 guidance. Abri SPAC I, Inc. (ASPA) shares rose after stockholders approved a merger with DLQ, Inc. BIO-key International, Inc. (BKYI) and Stride, Inc. (LRN) shares increased following Q3 results. Sonnet BioTherapeutics Holdings, Inc. (SONN) shares dropped after pricing a public offering. Appreciate Holdings, Inc. (SFR) shares fell after receiving a Nasdaq delisting notice. Vicor Corporation (VICR) shares fell after Q3 results.

October 25, 2023 | 4:04 pm
News sentiment analysis
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POSITIVE IMPACT
Abri SPAC I, Inc. shares rose after stockholders approved a merger with DLQ, Inc.
The approval of the merger with DLQ, Inc. is a positive development for the company and could boost the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
BIO-key International, Inc. shares increased following Q3 results.
The company's positive Q3 results could boost investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Stride, Inc. shares were up after the company reported Q1 results.
The company's positive Q1 results could boost investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Appreciate Holdings, Inc. shares fell after receiving a Nasdaq delisting notice.
The Nasdaq delisting notice is a negative development for the company and could significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Sonnet BioTherapeutics Holdings, Inc. shares dropped after pricing a public offering.
The pricing of the public offering could dilute existing shares and negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Thermo Fisher Scientific reported mixed Q3 results and lowered its FY23 guidance.
The company's mixed Q3 results and lowered FY23 guidance could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Vicor Corporation shares fell after Q3 results.
The company's Q3 results could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100