Streetbeat News

Earnings

TDG

TransDigm Group Inc (TDG) reported Q3 FY23 sales growth of 25% YoY to $1.74 billion, beating the consensus of $1.68 billion. Adjusted EPS improved 49% YoY to $7.25, beating the consensus of $6.33. The company raised its full-year guidance due to solid Q3 results and current expectations for the remainder of the fiscal year. Despite the positive report, TDG shares are trading lower by 1.87%.

Portfolio Pulse from Akanksha Bakshi

August 08, 2023 | 5:51 pm

TWLO

Twilio's shares are trading lower due to weakness in software stocks. The company is set to report its Q2 results after the close.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 5:51 pm

AMBC

BHFAL

CNFRL

FGF

FGFPP

GOCO

HALL

HRTG

IGIC

JRVR

KMPR

OXBR

Insurance stocks showed mixed performance in Tuesday's intraday session. FG Finl Gr, GoHealth, Conifer Holdings, Brighthouse Financial, Intl General Insurance, and FG Finl Gr saw their stocks rise, while Kemper, James River Gr Hldgs, Hallmark Financial Servs, Ambac Financial Group, Oxbridge Re Holdings, and Heritage Insurance Hldgs experienced a decrease in their stock prices. The Q2 earnings reports for Kemper, James River Gr Hldgs, Ambac Financial Group, and Heritage Insurance Hldgs were released recently.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:40 pm

BEDU

CPS

CTIB

EBET

EZGO

LTRY

NAAS

SABR

SABRP

SDA

SWIM

Several consumer discretionary stocks experienced significant movement during Tuesday's intraday session. Gainers included Latham Group (SWIM), EZGO Technologies (EZGO), WW International (WW), Sabre (SABR, SABRP), and Naas Technology (NAAS). Losers included SunCar Tech Gr (SDA), EBET (EBET), Lottery.com (LTRY), Yunhong CTI (CTIB), Bright Scholar Education (BEDU), and Cooper-Standard Holdings (CPS). Most of the movements were associated with recent earnings reports.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:31 pm

ARCT

AXGN

CRDF

ECOR

FGEN

FRES

INFI

MNK

TLRY

TPST

VTGN

VVOS

During Tuesday's intraday session, several healthcare stocks experienced significant movements. Infinity Pharmaceuticals, Vivos Therapeutics, Cardiff Oncology, Fresh2 Group, Tilray Brands, and electroCore saw their stocks rise by 60.9%, 59.0%, 35.03%, 28.12%, 27.59%, and 22.75% respectively. On the other hand, Vistagen Therapeutics, Mallinckrodt, Tempest Therapeutics, Arcturus Therapeutics, Axogen, and FibroGen saw their stocks fall by 37.7%, 21.83%, 19.42%, 19.25%, 18.79%, and 18.65% respectively. The Q2 earnings reports for Arcturus Therapeutics, Axogen, and FibroGen were released yesterday.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:31 pm

BURU

FATH

HYZN

PTRA

During Tuesday's intraday session, several industrials stocks experienced significant movements. Gainers included Nuburu (BURU), Fathom Digital Mfg (FATH), CECO Environmental (CECO), Sterling Infrastructure (STRL), Asure Software (ASUR), and Intelligent Living (ILAG). Losers included Proterra (PTRA), Hyzon Motors (HYZN), MRC Global (MRC), Freight Technologies (FRGT), American Superconductor (AMSC), and Helios Technologies (HLIO). Many of these movements were accompanied by high trading volumes and recent Q2 earnings releases.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:31 pm

DSP

DTSS

GRRR

SEAC

Several IT stocks experienced significant movement during Tuesday's intraday session. Notable gainers included Gorilla Tech Gr (GRRR), Viant Technology (DSP), 908 Devices (MASS), CPI Card (PMTS), Kyndryl Hldgs (KD), and ePlus (PLUS), with increases ranging from 16.13% to 27.9%. On the other hand, SeaChange International (SEAC), Datasea (DTSS), Quantum (QMCO), Thoughtworks Holding (TWKS), Rigetti Computing (RGTI), and Everbridge (EVBG) saw decreases ranging from 20.52% to 39.9%. Several companies released their Q1 or Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 5:30 pm

DDOG

Datadog, Inc. (NASDAQ:DDOG) reported better-than-expected Q2 results but issued a weak sales forecast for Q3. The company's shares fell 22.7% in pre-market trading. Rosenblatt and Needham revised their price targets on Datadog following the earnings announcement.

Portfolio Pulse from Lisa Levin

August 08, 2023 | 5:29 pm

TPG

TPG shares are trading lower following the company's worse-than-expected Q2 results.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 5:26 pm

STVN

Stevanato Group's shares are trading higher following the company's announcement of better-than-expected Q2 results.

Portfolio Pulse from Bill Haddad

August 08, 2023 | 5:24 pm