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GTES

NETI

SFWL

VIRC

In Friday's pre-market session, there were notable movements in the stocks of several industrial companies. Eneti and Virco Mfg saw significant gains, with Eneti rising by 11.0% and Virco Mfg by 10.55% after releasing Q3 earnings. AERWINS Technologies, Ault Alliance, Multi Ways Holdings, and LanzaTech Global also experienced gains. Conversely, Shengfeng Development, Electriq Power Holdings, Gates Industrial Corp, Sky Harbour Group, FiscalNote Holdings, and Satellogic recorded losses, with Shengfeng Development leading the decline at 12.7%.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 1:07 pm

AKTS

ASTI

CASA

CYN

HCP

LAES

MLGO

MOB

PHUN

SPI

VRME

WTO

In Friday's pre-market session, several IT stocks showed significant movement. VerifyMe (VRME) saw a substantial increase of 42.6%, while Cyngn (CYN) experienced a sharp decline of 34.8%. HashiCorp (HCP) also fell notably by 23.26% following their Q3 earnings release. Other gainers included UTime (WTO), MicroAlgo (MLGO), Casa Systems (CASA), Mobilicom (MOB), and Phunware (PHUN). Losers comprised Ascent Solar Technologies (ASTI), SPI Energy (SPI), Akoustis Technologies (AKTS), and SEALSQ (LAES).

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 1:07 pm

CYN

GDHG

MBI

MOMO

XCUR

Hello Group Inc. (NASDAQ:MOMO) shares increased by approximately 8% in pre-market trading following the release of their third-quarter results, which showed a decrease in net revenues by 5.9% year-over-year but an increase in non-GAAP diluted net income per ADS. Other stocks experienced significant movements in pre-market trading, with MBIA Inc. (NYSE:MBI) and Exicure, Inc. (NASDAQ:XCUR) among the top gainers, while Cyngn Inc. (NASDAQ:CYN) and Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) were among the top losers.

Portfolio Pulse from Avi Kapoor

December 08, 2023 | 1:05 pm

BR

Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Broadridge Financial Solutions (NYSE:BR) and increased the price target from $175 to $180.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:04 pm

SMAR

Keybanc analyst Jason Celino has maintained an Overweight rating on Smartsheet (NYSE:SMAR) and increased the price target from $52 to $53.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:03 pm

SGMA

Sigmatron International (NASDAQ:SGMA) reported a decrease in sales for Q2, with earnings per share (EPS) at $0.00 and sales totaling $98.70M, down from $108.68M year-over-year (YoY).

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:03 pm

VRME

The board of VerifyMe has approved a share repurchase program allowing the company to buy back up to $500,000 worth of its own shares.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:01 pm

AAPL

Morgan Stanley analyst Erik Woodring has maintained an Overweight rating on Apple Inc. (AAPL) and increased the price target from $210 to $220.

Portfolio Pulse from Benzinga Newsdesk

December 08, 2023 | 1:01 pm

FDS

FactSet Research Systems (NYSE:FDS) has received 6 analyst ratings in the last quarter, with an average price target of $426.5, which is below its current price of $438.21. The ratings are predominantly neutral to bearish, with 4 indifferent, 1 somewhat bearish, and 1 bearish rating. The average price target has increased by 3.92% from the previous target of $410.40.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 1:00 pm

KBH

KB Home (NYSE:KBH) has received 9 analyst ratings in the last quarter with an average price target of $54.89, which is a 1.33% downside from the current price of $55.63. The ratings include 2 bullish, 2 somewhat bullish, 4 indifferent, and 1 bearish. The current average price target has decreased by 6.65% from the previous target of $58.80. Analyst ratings are determined by financial specialists and are based on company data, insider conversations, and financial statements.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 1:00 pm