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BILL

CPS

FOXF

INSG

QRTEA

TNON

US stocks traded higher with the Dow Jones index gaining over 200 points. Real estate shares jumped by 3.1% while energy shares fell by 1%. Tenon Medical, Qurate Retail, and Cooper-Standard Holdings saw significant gains after positive news, while Fox Factory Holding, BILL Holdings, and Inseego Corp. saw significant drops after negative news. The ISM services PMI declined to 51.8 in October, from 53.6 in September.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 4:12 pm

CNK

Cinemark Holdings Inc (NYSE:CNK) reported Q3 FY23 sales growth of 34.5% YoY to $874.80 million, beating the analyst consensus. EPS of $0.61 also exceeded expectations. Admissions and concession revenues increased significantly, driven by a 27.9% increase in attendance. The company's aggregate screen count was 5,765, with commitments to open four new theatres and 41 screens over the next two years. Despite the positive report, CNK shares are trading lower by 2.02%.

Portfolio Pulse from Nabaparna Bhattacharya

November 03, 2023 | 4:09 pm

PLUG

Plug Power Inc. (NASDAQ:PLUG) shares are trading higher, with a 12% increase over the last five days. The company's shares are moving on above-average volume, with over 15.8 million shares traded in the session. The company recently joined the Department of Energy's Appalachian Regional Clean Hydrogen Hub (ARCH2) as a project partner, vendor, and service provider. Plug Power is set to report its Q3 financial results on Nov. 9, with an expected loss of 31 cents per share and quarterly revenue of $242.24 million.

Portfolio Pulse from Erica Kollmann

November 03, 2023 | 4:07 pm

LXEO

Lexeo Therapeutics' shares began trading at $9.50 per share, lower than its initial public offering (IPO) price of $11 per share.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 4:06 pm

PCTY

Paylocity Holding Corporation (NASDAQ:PCTY) reported better-than-expected Q1 earnings of $1.40 per share, beating market estimates of $1.14 per share. The company's revenue was $317.6 million, slightly above expectations of $316 million. Despite the positive results, Paylocity shares fell 14.1% to trade at $147.72. Analysts from Piper Sandler, Keybanc, and Needham lowered their price targets on Paylocity following the earnings announcement.

Portfolio Pulse from Lisa Levin

November 03, 2023 | 4:02 pm

TRIP

TripAdvisor (NASDAQ:TRIP) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $0.46. The company's past performance shows a trend of share price drops following earnings misses. The stock is currently trading at $14.66, down 34.29% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:02 pm

OLO

Olo (NYSE:OLO) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $0.04. The company's past performance shows a pattern of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $5.55, down 30.38% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:01 pm

KE

Kimball Electronics (NASDAQ:KE) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $0.43. The company's past performance shows a trend of beating EPS estimates, which has led to increases in share price. The stock is currently trading at $26.48, up 25.91% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:01 pm

MED

Medifast (NYSE:MED) is set to release its quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $1.06. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. Medifast's shares are currently trading at $68.89, down 34.24% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:01 pm

NNBR

NN (NASDAQ:NNBR) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $-0.06. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares of NN were trading at $1.86 as of November 2, with a 52-week return of -6.17%.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 4:01 pm