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AMZN

An NLRB judge ruled that Amazon (NASDAQ:AMZN) violated federal labor laws at its JFK8 warehouse in New York by interfering with union activities. The ruling follows the historic unionization of JFK8 in April 2022. Amazon must post worker rights notices and compensate a dismissed pro-union employee. The company faces ongoing scrutiny with 240 labor charges in 26 states and continues to challenge the JFK8 unionization. Amazon's stock traded lower by 0.56% in premarket.

Portfolio Pulse from Anusuya Lahiri

December 04, 2023 | 11:25 am

LULU

Wells Fargo analyst Ike Boruchow downgraded Lululemon Athletica (NASDAQ:LULU) from Overweight to Equal-Weight and set a price target of $445.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 11:21 am

EVLO

Evelo Biosciences (EVLO) received a notification from NASDAQ's Listing Qualifications on December 1, 2023, indicating that due to the events disclosed in its November 21 filing, the staff believes the company no longer has an operating business and is considered a public shell as per the 8-K filing.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 11:18 am

FSR

Evercore ISI Group analyst Chris McNally downgraded Fisker (NYSE:FSR) from Outperform to In-Line and reduced the price target from $6 to $2.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 11:18 am

CI

Cigna Group expects to reaffirm its projected full-year 2023 consolidated adjusted income from operations on a per-share basis of at least $24.75, as company officials prepare to meet with investors and analysts in the coming weeks.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 11:17 am

AR

Truist Securities analyst Bertrand Hodee downgraded Antero Resources (NYSE:AR) from Buy to Hold and reduced the price target from $37 to $28.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 11:16 am

HTOO

Fusion Fuel Green (NASDAQ:HTOO) reported Q3 sales of $2.73M, falling short of the analyst consensus estimate of $4.93M by 44.65%.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 11:15 am

F

GM

TSLA

Elon Musk reflected on Tesla's growth over the past decade, noting its market valuation increased 44-fold to $759 billion, now nine times higher than Ford and GM combined. A decade ago, Ford and GM had a collective market valuation of $87 billion, which has risen to $121 billion. Tesla's share price has surged 18,558.59% since its IPO, while Ford and GM closed at $10.58 and $32.36 per share, respectively.

Portfolio Pulse from Anan Ashraf

December 04, 2023 | 11:14 am

BILI

UBS analyst Felix Liu downgraded Bilibili (NASDAQ:BILI) from Buy to Neutral and reduced the price target from $22 to $13.2, indicating a more cautious outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 11:13 am

IMPL

Michael Kalb has announced his resignation as CFO of Impel Pharmaceuticals, effective December 31, 2023, as disclosed in an 8K filing.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 11:13 am