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PD

PagerDuty, Inc. (NYSE:PD) shares fell after reporting Q4 FY24 results with revenue and ARR growth but provided a weaker than expected outlook for Q1 and FY25, leading to a premarket drop of 8.46% in its stock price.

Portfolio Pulse from Lekha Gupta

March 15, 2024 | 12:36 pm

GETY

Getty Images shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic revenue guidance for FY24.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 12:33 pm

MDGL

Madrigal Pharmaceuticals' stock is trading higher following the FDA approval of Rezdiffra, a treatment for noncirrhotic NASH with moderate to advanced liver fibrosis.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 12:32 pm

RIVN

Rivian Automotive's stock (RIVN) experienced an increase in value following an upgrade by Piper Sandler from Neutral to Overweight, along with a raise in the price target from $15 to $21.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 12:31 pm

HOOD

Jim Cramer expressed concerns over Robinhood Markets Inc. (NASDAQ:HOOD) stock's recent 6% rise, attributing it to 'momentum' rather than business fundamentals. Despite a 41% increase in trading activity and significant growth in assets and deposits, Cramer remains skeptical about the sustainability of this growth. Meanwhile, Ark Invest sold a portion of its Robinhood holdings, suggesting a strategic move in response to the stock's performance.

Portfolio Pulse from Benzinga Neuro

March 15, 2024 | 12:29 pm

ULTA

Ulta Beauty's stock is trading lower following the announcement of Q4 financial results and FY24 revenue guidance that fell short of expectations. Additionally, the company's board has approved a new $2.0 billion share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 12:28 pm

HIBB

Hibbett, Inc. reported Q4 results that fell below estimates and issued weak guidance, leading to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 12:25 pm

AAPL

Apple has agreed to a $490 million settlement with shareholders over allegations related to the company's comments about iPhone sales in China, according to settlement papers.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 12:23 pm

DG

Dollar General Corp (NYSE:DG) reported Q4 earnings surpassing expectations with a 3.4% sales decline to $9.858 billion but beating the $9.783 billion estimate. EPS was $1.83, above the $1.75 estimate. Same-store sales rose by 0.7%. FY24 EPS guidance is $6.80-$7.55, with net sales growth expected at 6%-6.7%. The company plans 2,385 real estate projects in FY24. Shares fell 5.1% to $150.06. Telsey Advisory Group and Wells Fargo adjusted their price targets on DG following the earnings report.

Portfolio Pulse from Avi Kapoor

March 15, 2024 | 12:22 pm

HIBB

Hibbett reported Q4 2024 GAAP EPS of $2.55, missing the consensus estimate of $2.56 by 0.39%. Quarterly sales were $466.589M, missing the estimate of $477.487M by 2.28%, but marking a 1.81% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 15, 2024 | 12:20 pm