Streetbeat News

Revenues

FLYE

Electric Vehicle Company Fly-E Group has announced the pricing of its IPO at $4.00 per share for 2.25 million shares, with trading set to begin on Nasdaq under the symbol 'FLYE' on June 6, 2024. The company expects to raise $9.0 million from the offering, which will be used for inventory, production costs, retail expansion, technology, R&D, and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 10:08 pm

YQ

17 Education & Technology reported Q1 sales of $3.50 million, a significant increase from $1.35 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 10:04 pm

CTSH

Cognizant Tech Solutions (NASDAQ: CTSH) has outperformed the market over the past 20 years with an average annual return of 12.9%, resulting in a $1000 investment growing to $11,316.06. The company currently has a market capitalization of $32.58 billion.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 9:30 pm

UBS

UBS Group (NYSE:UBS) has significantly outperformed the market over the past 5 years, delivering an average annual return of 21.29%. A $100 investment in UBS 5 years ago would be worth $263.83 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 9:30 pm

FSLR

RUN

SEDG

SPWR

Several solar stocks, including First Solar, Sunrun, SolarEdge Technologies, and SunPower, rallied on Wednesday due to reports of lawmakers pushing for an investigation into Chinese solar firms for allegedly evading U.S. tariffs. Despite the positive movement, Goldman Sachs maintained a Sell rating on SunPower and lowered its price target.

Portfolio Pulse from Vaishali Prayag

June 05, 2024 | 9:28 pm

BNED

IMMR

Barnes & Noble Education Inc (NYSE:BNED) shares surged in extended trading after shareholders approved significant equity and refinancing transactions. The company will receive $95 million in gross proceeds, including a $50 million equity investment from Immersion Corp and a $45 million equity rights offering. The refinancing will strengthen BNED's financial position and enable strategic investments.

Portfolio Pulse from Adam Eckert

June 05, 2024 | 9:22 pm

ELF

e.l.f. Beauty (NYSE:ELF) has significantly outperformed the market over the past 5 years, with an annualized return of 71.23%. A $100 investment in ELF 5 years ago would be worth $1,498.22 today. The company's market capitalization is currently $10.33 billion.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 9:00 pm

DELL

Dell Technologies (NYSE:DELL) has significantly outperformed the market over the past 5 years, with an annualized return of 38.02%. A $100 investment in DELL 5 years ago would now be worth $502.07.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 9:00 pm

SMAR

Smartsheet Inc (NYSE:SMAR) shares surged in after-hours trading following a strong Q1 earnings report. The company reported Q1 revenue of $263 million and EPS of 32 cents, both beating estimates. Smartsheet also announced a $150 million stock repurchase program and provided optimistic guidance for Q2 and the full year.

Portfolio Pulse from Adam Eckert

June 05, 2024 | 8:56 pm

FIVE

Five Below, Inc. (NASDAQ:FIVE) shares dropped after the company reported Q1 earnings and sales that missed analyst estimates. The company also provided a full-year outlook below expectations.

Portfolio Pulse from Erica Kollmann

June 05, 2024 | 8:46 pm