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TAL

Hedge Fund Research Company has announced that it is short on TAL Education Group, predicting a 30% downside to the stock as its AI bubble shrinks.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 3:29 pm

SIEN

Sientra's shares are trading lower after the company reported preliminary Q3 revenue results below estimates. The company is also exploring strategic alternatives. Craig-Hallum downgraded the stock from Buy to Hold and announced a $2 price target.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 3:28 pm

GRTX

Galera Therapeutics announced that its GRECO-2 trial did not pass futility analysis and it will discontinue both GRECO trials. The company is also reviewing potential strategic alternatives.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 3:25 pm

PIXY

Trading of ShiftPixy shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 3:23 pm

AGCO

AGCO has reaffirmed its FY23 sales outlook at $14.7B, slightly above the estimated $14.65B. The company has also raised its adjusted EPS guidance to $15.75 from $15.25, surpassing the consensus of $15.3.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 3:22 pm

PIXY

Shares of ShiftPixy (PIXY) were halted on a circuit breaker due to a sharp drop in the stock price. The stock is currently down by 7.12%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 3:21 pm

JBLU

JetBlue Airways Corp (NASDAQ:JBLU) reported a Q3 FY23 operating revenue decline of 8.2% YoY to $2.35 billion, missing the consensus estimate of $2.81 billion. The company's adjusted loss per share was $(0.39), missing the consensus of $(0.25). Operating expenses increased 3.5% YoY to $2.51 billion. The company also lowered its FY23 outlook. Following the announcement, JBLU shares fell by 14.4%.

Portfolio Pulse from Akanksha Bakshi

October 31, 2023 | 3:18 pm

CWK

Cushman & Wakefield reported its Q3 financial results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 3:18 pm

FWRD

Forward Air Corporation reported disappointing Q3 financial results and issued weak Q4 guidance, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2023 | 3:17 pm

T

A significant bearish stance has been taken on AT&T (NYSE:T) by a large investor, as indicated by unusual options activity. The sentiment of these big-money traders is 100% bearish, with 11 puts and 2 calls. The whales have been targeting a price range from $14.5 to $18.0 for AT&T over the last 3 months. Scotiabank, Citigroup, Morgan Stanley, and JP Morgan have maintained positive ratings on AT&T, with price targets ranging from $17 to $19.

Portfolio Pulse from Benzinga Insights

October 31, 2023 | 3:16 pm