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SOFI

SoFi Techs (NASDAQ:SOFI) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $-0.07. The company's past performance shows a pattern of share price drops following earnings reports. The stock is currently trading at $6.9, up 26.29% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:01 pm

INST

Instructure Hldgs (NYSE:INST) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.20. The company's past performance shows a mixed trend of meeting or missing EPS estimates, with corresponding changes in share price. The stock is currently trading at $24.47, up 3.01% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:01 pm

VRNS

Varonis Systems (NASDAQ:VRNS) is set to release its latest quarterly earnings report on October 30, 2023. Analysts estimate an earnings per share (EPS) of $0.02. The company's past performance shows a pattern of share price changes following earnings reports. The stock is currently trading at $31.09, up 16.85% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:00 pm

ABVC

ABVC Biopharma Inc's shares are trading higher by 7% following the company's announcement of a term sheet to license global rights for CNS drugs targeting MDD and ADHD to AiBtl BioPharma for a valuation of $667 million. The deal includes a 46 million-share stock allocation from AiBtl, milestone cash payments of $7 million, and royalties potentially reaching $200 million. AiBtl intends to go public on NASDAQ in 2024.

Portfolio Pulse from Henry Khederian

October 27, 2023 | 3:00 pm

INJUSD

The price of cryptocurrency Injective (CRYPTO: INJ) has increased by 11.4% in the past 24 hours to $13.19, and by 52.0% over the past week. The trading volume for the coin has risen by 130.0% over the past week, while the circulating supply has decreased by 0.04% to 83.76 million, which is 83.76% of its max supply of 100.00 million. The current market cap ranking for INJ is #45 at $1.10 billion.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:00 pm

NEARUSD

NEAR Protocol's (CRYPTO: NEAR) price rose 4.95% to $1.23 in the past 24 hours, continuing its positive trend over the past week with a 23.0% gain. The trading volume for the coin has increased 125.0% over the past week while the overall circulating supply of the coin has increased 0.43% to over 988.62 million. The current market cap ranking for NEAR is #40 at $1.22 billion.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 3:00 pm

APLM

Apollomics Inc. shares have been volatile, with a drop of over 75% in the last month. The company announced a report by the Veneto Institute of Oncology on the efficacy of vebreltinib for GBM with PTPRZ-MET fusion. The patient reported an impressive Partial Response after 8 weeks of treatment. Apollomics also presented vebreltinib efficacy and safety data from the KUNPENG clinical trial. Shares of Apollomics are up on heavy trading volume, with more than 67 million shares traded, far exceeding the stock's 100-day average volume of less than 53 thousand shares.

Portfolio Pulse from Erica Kollmann

October 27, 2023 | 2:59 pm

ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) shares dropped by 12.8% after the company issued weak Q4 guidance and received several analyst rating updates. The company reported Q3 earnings per share of $1.02, missing the estimated $1.03, and revenue of $551.1 million, falling short of the $566.02 million estimate. The disappointing results were attributed to high inventory levels and reduced demand in key European markets. The company expects Q4 revenue to range from $300 million to $350 million, below the estimated $601.24 million. Higher yields on safer investments like Treasury bonds may also be attracting investors away from riskier growth stocks like Enphase.

Portfolio Pulse from Henry Khederian

October 27, 2023 | 2:55 pm

CMLS

Cumulus Media Inc reported Q3 net revenue of $207.42 million, a decline of 11% YoY, slightly missing the consensus of $207.47 million. EPS was $0.16, down from $0.45 YoY. Total broadcast radio revenue declined by 17.4% YoY to $146.25 million. Adjusted EBITDA declined by 42% YoY to $26.9 million. The company's shares traded lower by 12.60% at $4.72 on the last check Friday.

Portfolio Pulse from Anusuya Lahiri

October 27, 2023 | 2:53 pm

VRSN

VeriSign's shares are trading lower following the company's Q3 revenue results, which were below expectations.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 2:52 pm