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SVCO

Silvaco Group's IPO was priced at $19 per share, with an offering of 6 million shares. However, the price indication has risen to $21 per share on 404,050 shares.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 3:05 pm

GRTUSD

The Graph (CRYPTO: GRT) has seen a price decrease of 3.12% in the last 24 hours, now at $0.27, despite an 8.0% increase over the past week from $0.25. The trading volume fell by 14.0%, while the circulating supply rose by 0.38% to 9.48 billion, 87.9% of its max supply. GRT's market cap ranks it #49 at $2.54 billion.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:03 pm

ETCUSD

Ethereum Classic (CRYPTO: ETC) experienced a 5.83% price drop in the last 24 hours, falling to $27.1, despite a 5.0% gain over the past week. Its trading volume increased by 30.0%, with the circulating supply remaining steady, contributing to its current market cap ranking of #28 at $3.99 billion.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:02 pm

BH

Biglari Holdings (NYSE:BH) has delivered an average annual return of 15.45% over the past 5 years, outperforming the market by 2.59% annually. With a current market capitalization of $621.83 million, an initial investment of $100 in BH stock 5 years ago would be worth $200.66 today.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:02 pm

WMG

Warner Music Group Corp (NASDAQ:WMG) reported fiscal Q2 2024 results with a GAAP EPS of $0.18, surpassing the analyst consensus of $0.16, and a 7% Y/Y revenue increase to $1.49 billion, beating estimates. Recorded Music and Music Publishing revenues grew, driven by hits from artists like Ed Sheeran and Green Day. Despite positive financial performance, WMG shares fell 6.1% to $33.46. The company also completed the sale of non-core media properties and plans to reduce headcount by 600.

Portfolio Pulse from Anusuya Lahiri

May 09, 2024 | 3:01 pm

BIRD

Allbirds (NASDAQ:BIRD) has been analyzed by 5 analysts in the last three months, showing a unanimous indifferent stance with 5 neutral ratings. The 12-month price target averages at $0.92, a decline from the previous $1.17, indicating a bearish outlook. Analysts from Wedbush and Piper Sandler have lowered their price targets, while Telsey Advisory Group maintains a market perform rating. Allbirds faces financial challenges with a -14.48% revenue decline, a net margin of -78.87%, and below-average ROE and ROA, suggesting potential difficulties in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:01 pm

DOTUSD

Polkadot (CRYPTO: DOT) has seen a decrease of 3.41% in its price over the last 24 hours, now at $6.9, continuing a weekly downward trend of -2.0%. The trading volume for DOT has decreased by 43.0% over the past week, while its circulating supply increased by 0.53%, reaching 1.36 billion. Currently, DOT's market cap ranks #16 at $9.40 billion.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:01 pm

SQ

The article provides a detailed comparison of Block Inc (NYSE:SQ) against its competitors in the Financial Services industry, focusing on key financial metrics like P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth. Block's P/E ratio is significantly higher than the industry average, indicating a premium valuation. Its P/B and P/S ratios suggest undervaluation and potential for growth. Despite a lower ROE and EBITDA compared to the industry, Block's high gross profit and revenue growth highlight its strong market position and profitability potential.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:01 pm

VRT

An in-depth analysis comparing Vertiv Holdings Co (NYSE:VRT) with its competitors in the Electrical Equipment industry reveals that VRT is potentially overvalued based on its high P/E, P/B, and P/S ratios compared to industry averages. Despite this, VRT shows strong revenue growth and gross profit, indicating robust sales expansion and profitability. However, its ROE and EBITDA are below industry averages, suggesting potential inefficiencies. The analysis includes a detailed comparison of financial metrics such as P/E, P/B, P/S ratios, ROE, EBITDA, gross profit, and revenue growth.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 3:00 pm