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FTRE

Fortrea shares have seen an increase in trading after the company reported third-quarter results that surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:51 pm

MNDY

Monday.Com's stock is trading higher following the release of their Q3 results, which surpassed expectations. The company also provided a positive outlook with strong guidance for future performance.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:50 pm

RLX

RLX Technology's stock price has increased following the announcement of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:46 pm

XOS

Benchmark analyst Michael Ward has downgraded Xos, Inc. (NASDAQ:XOS) from Buy to Speculative Hold and set a price target of $1.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:45 pm

GSK

The European Medicines Agency's CHMP has recommended approval of GSK plc's momelotinib for treating splenomegaly or symptoms in bone marrow cancer patients. The drug is for patients with myelofibrosis who are either Janus kinase inhibitor naïve or have been treated with ruxolitinib. The recommendation is based on data from the MOMENTUM study and SIMPLIFY-1 phase 3 trial. If approved, momelotinib, to be named Omjjara in the EU, would be the only medicine for myelofibrosis patients with moderate to severe anemia in the EU. GSK's stock saw a slight increase following the news.

Portfolio Pulse from Vandana Singh

November 13, 2023 | 4:44 pm

ABT

DXCM

MDT

PEN

PODD

TNDM

Medical device and diabetes care stocks are trading higher following the presentation of SELECT data by Novo Nordisk. Raymond James commented that the data presented did not contain major surprises and could be considered as 'modestly de-risking' for the sector.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:38 pm

STNE

StoneCo Ltd (NASDAQ:STNE) stock is trading higher after reporting Q3 earnings of 27 cents per share, surpassing the consensus estimate of 22 cents. Sales reached $643.35 million, also beating the estimate of $610.17 million. The stock saw heavy trading volume with over 7.9 million shares traded, compared to the 100-day average of 4.574 million shares. The positive earnings report has led to a 10% increase in STNE's stock price to $11.83.

Portfolio Pulse from Erica Kollmann

November 13, 2023 | 4:37 pm

STNE

StoneCo's stock price is on the rise following the release of their third-quarter financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:37 pm

OSK

Evercore ISI Group analyst David Raso upgraded Oshkosh (NYSE:OSK) from In-Line to Outperform and increased the price target from $115 to $122.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 4:32 pm

CAUD

Collective Audience, Inc. (NASDAQ:CAUD) stock is experiencing a significant increase, continuing its upward trend from Friday when it rose over 30%. The company, which specializes in e-commerce and digital customer acquisition solutions, began trading on the Nasdaq on November 3 after a business combination with DLQ, Inc. and Abri SPAC I, Inc. The stock's volume is notably higher than average, with over 5.3 million shares traded compared to its usual volume of 1.273 million shares. Currently, CAUD shares are up 22% at $3.64.

Portfolio Pulse from Erica Kollmann

November 13, 2023 | 4:32 pm