Streetbeat News

Stock Prices

BLDE

FTCI

Several industrial stocks experienced significant price movements during Wednesday's intraday session. Blade Air Mobility, Pineapple Energy, ShiftPixy, Energy Vault Holdings, Intelligent Living, and Performant Finl were among the gainers, with increases ranging from 16.81% to 30.2%. On the other hand, FTC Solar, Custom Truck One Source, Array Technologies, Falcons Beyond Global, Innovate, and Mercury Sys were among the losers, with decreases ranging from 12.53% to 71.3%. The Q3 earnings reports for several of these companies were recently released.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 5:31 pm

AIP

EXFY

INTZ

PRSO

During Wednesday's intraday session, several information technology stocks experienced significant movements. Gainers included Peraso (PRSO), Intrusion (INTZ), Porch Group (PRCH), Oblong (OBLG), Turtle Beach (HEAR), and Bit Origin (BTOG). Losers included Expensify (EXFY), Arteris (AIP), Synchronoss Technologies (SNCR), SPI Energy (SPI), Casa Systems (CASA), and Identiv (INVE). Most of these movements were accompanied by high trading volumes and recent Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 5:31 pm

GE

A significant investor has taken a bearish stance on General Electric (NYSE:GE), with 78% of the spotted trades being bearish. The whales have been targeting a price range from $109.0 to $115.0 for GE over the last 3 months. The current price of GE is $111.97, up 0.15%. RBC Capital and Barclays maintain their Outperform and Overweight ratings on GE, with price targets of $131 and $133 respectively.

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 5:30 pm

EHAB

Enhabit reported its Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:30 pm

FTCI

FTC Solar reported mixed Q3 financial results and issued guidance, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:30 pm

AVDX

AvidXchange Holdings reported better-than-expected Q3 financial results and raised its FY23 revenue guidance above estimates, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:29 pm

RL

Ralph Lauren Corp reported Q2 FY24 sales growth of 3% YoY to $1.63 billion, beating the analyst consensus estimate of $1.61 billion. Revenue in North America decreased by 1%, Europe increased by 7%, and Asia grew by 10%. The company held $1.5 billion in cash and equivalents as of September 30, 2023. Ralph Lauren continues to expect revenues to increase approximately low-single digits to last year on a constant currency basis. RL shares are trading higher by 2.13% at $115.26.

Portfolio Pulse from Shivani Kumaresan

November 08, 2023 | 5:28 pm

ARDX

EGY

IOVA

IQ

SVRA

The article discusses the potential of five OTC stocks to provide significant returns in 2024. The stocks mentioned are VAALCO Energy Inc. (EGY), Ardelyx Inc. (ARDX), Savara Inc. (SVRA), Iovance Biotherapeutics Inc. (IOVA), and iQIYI Inc. (IQ). The article also mentions Ohanae, a fintech innovator that provides a platform for trading and tokenization of OTC securities.

Portfolio Pulse from Chris Bibey

November 08, 2023 | 5:26 pm

XRPUSD

Ripple has upgraded its payments platform to expand its business interests in the U.S. and Africa. The new platform, Ripple Payments, targets corporate clients in the U.S. with cross-border payments solutions. The company also announced a partnership with African fintech Onafriq to facilitate cross-border crypto payments between Africa and other markets. Ripple's XRP token price has rallied 37% in the past month.

Portfolio Pulse from Khyathi Dalal

November 08, 2023 | 5:26 pm

GO

Grocery Outlet has reported lower-than-expected Q3 revenue guidance and issued FY23 guidance below estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 5:21 pm