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AKTS

QRVO

Akoustis Technologies shares are trading higher despite the company floating the probability of bankruptcy after losing a lawsuit against Qorvo.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:56 pm

IP

Suzano has confirmed its interest in International Paper's assets but clarified that no formal agreement or decision has been made. The news has impacted Suzano's share price and trading volume.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:46 pm

STXS

Stereotaxis has announced that the first heart rhythm patients have been treated using their robotic ablation procedures, marking a significant milestone for the company.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:45 pm

AGFY

NMHI

Agrify Corporation (NASDAQ: AGFY) reported a significant reduction in losses for Q1 2024, despite a decline in revenue. The company saw a notable increase in extraction sales and consumable parts sales. Agrify also terminated its merger plan with Nature's Miracle Holding Inc. (NASDAQ: NMHI) due to unfavorable market conditions. Agrify shares rose 18.82% to 37 cents per share following the news.

Portfolio Pulse from Nina Zdinjak

May 22, 2024 | 12:41 pm

TJX

TJX Companies Inc (NYSE:TJX) reported first-quarter FY25 earnings that exceeded expectations, with sales growth of 5.9% year-on-year to $12.479 billion and EPS of $0.93. The company saw a 3% increase in comparable store sales and improved gross profit margins. TJX plans to repurchase $2 billion – $2.5 billion in fiscal 2025 and expects FY25 EPS of $4.03-$4.09.

Portfolio Pulse from Shivani Kumaresan

May 22, 2024 | 12:41 pm

GCT

GigaCloud Technology shares are moving lower after Grizzly Research issued a report accusing the company of inflating key metrics using undisclosed related party shell companies.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:37 pm

NAOV

NanoVibronix, Inc. (NASDAQ:NAOV) announced the start of the pilot phase of a clinical trial for its UroShield device at the University of Michigan. This trial is part of a broader study to further validate the efficacy of UroShield.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:36 pm

BDRX

Biodexa shares are trading lower after the company announced $7 million of gross proceeds from warrant exercises.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:35 pm

BZFD

CRNX

RZLT

Market-Moving News for May 22nd highlights significant stock movements for Crinetics Pharmaceuticals, BuzzFeed, and Rezolute due to various positive developments.

Portfolio Pulse from ryanfaloona@benzinga.com

May 22, 2024 | 12:34 pm

KHC

PRU

SHOP

SYK

WTW

Top Wall Street analysts have upgraded their ratings for several major companies, including Shopify, Kraft Heinz, Stryker Corporation, Willis Towers Watson, and Prudential Financial. These upgrades come with increased price targets, indicating a bullish outlook for these stocks.

Portfolio Pulse from Avi Kapoor

May 22, 2024 | 12:32 pm