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ADBE

Adobe (NASDAQ:ADBE) is expected to report an EPS of $4.14 in its upcoming quarterly earnings on Wednesday, 2023-12-13. Investors are looking for an earnings beat and positive guidance for the next quarter. Adobe's stock performance has been strong, with shares up 86.17% over the last 52 weeks, trading at $625.2 as of December 11. Historical data shows mixed reactions to past earnings reports, with the stock price sometimes dropping despite an earnings beat.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 9:00 pm

ACHV

Achieve Life Sciences' stock price has fallen following the announcement of a potential delay in the New Drug Application filing for Cytisinicline due to FDA feedback. Additionally, Oppenheimer has reduced its price target for Achieve Life Sciences from $21 to $18.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 8:59 pm

CYTO

Altamira Therapeutics shares are experiencing an uptick in trading, potentially as a correction following a decline in stock price on Monday.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 8:55 pm

AWIN

AERWINS Technologies Inc received a written notice from Nasdaq on December 6, indicating that the company has not regained compliance with the Minimum Value of Listed Securities (MVLS) requirement, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 8:54 pm

BMEA

Biomea Fusion's stock is experiencing a rebound after a decline on Monday.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 8:48 pm

CAVA

CAVA Group shares are experiencing an increase in trading activity due to the expiration of the IPO lockup period, which typically restricts insiders from selling their shares for a set period following an IPO.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 8:44 pm

NIO

Nio shares are trading lower due to recent EV seller data from China indicating that Nio did not rank within the top 10 companies for EV sales in China for the month of November.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 8:43 pm

AVGO

Broadcom Inc. shares are experiencing an uptick, potentially due to the current positive momentum in the semiconductor industry and a recent upgrade by an analyst.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 8:42 pm

INCY

Incyte Corporation (NASDAQ:INCY) stock has seen a significant increase, rising approximately 13% since Monday. The surge follows a period of consolidation over November and comes after the company's third-quarter financial results and 2023 net product revenue guidance. Additionally, the stock's price target has varied between $63 to $98 in the past month. The recent spike is attributed to the announcement of full results from the Phase 2 AGAVE-201 trial of axatilimab, presented at the American Society of Hematology Annual Meeting 2023. At the time of publication, INCY shares were up 8.75% at $62.03.

Portfolio Pulse from Ryan Gustafson

December 12, 2023 | 8:33 pm

NKE

Over the past 15 years, Nike (NYSE:NKE) has produced an average annual return of 16.17%, outperforming the market by 4.7% annually. A $1000 investment in NKE 15 years ago would now be worth $9,665.59. Nike's market capitalization currently stands at $182.11 billion.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 8:31 pm