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UP

Wheels Up Experience reported worse-than-expected Q4 revenue results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:40 pm

AVGR

Avinger Inc. shares were halted due to a circuit breaker following a significant trading activity. The halt is a regulatory measure to prevent excessive volatility and ensure orderly market conditions.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:39 pm

SHW

Sherwin-Williams shares are trading higher following an upgrade by UBS from Neutral to Buy, along with an increase in the price target from $312 to $402.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:38 pm

FCEL

FuelCell Energy Inc (NASDAQ:FCEL) reported a significant revenue decline of 55% YoY in Q1 fiscal 2024, with revenues falling to $16.69 million, missing the consensus estimate of $23.82 million. The company experienced a gross loss of $11.7 million, a stark contrast to the previous year's gross profit of $5.2 million, and an expanded operating loss of $42.5 million. Despite these challenges, FCEL maintains a positive outlook, citing an increase in operational generation assets and expected product sales. The company's backlog decreased slightly to $1.03 billion, and shares dropped by 6.6% to $1.14.

Portfolio Pulse from Akanksha Bakshi

March 07, 2024 | 3:38 pm

KVUE

Kenvue shares experienced a significant increase as traders shared analyst comments indicating a favorable final judgment for Kenvue in the Tylenol lawsuit, leading to the dismissal of the cases.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:36 pm

STVN

Stevanato Group's shares dropped following the announcement of their Q4 financial results and FY24 guidance, which fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:36 pm

GOLD

Barrick Gold CEO Mark Bristow discussed the factors driving gold to all-time highs, including global risks and geopolitical tensions. He criticized the North American economy for becoming accustomed to 'free money,' leading to increased debt and unsustainable businesses. Bristow also outlined Barrick Gold's strategy focusing on exploration and operational efficiency, with significant investments in greenfield projects and efforts to reduce gold mining costs.

Portfolio Pulse from Stjepan Kalinic

March 07, 2024 | 3:36 pm

KGS

Kodiak Gas Services' shares dropped following the announcement of disappointing Q4 earnings per share (EPS) results and less optimistic fiscal year 2024 guidance.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:34 pm

NVDA

NVIDIA's stock price increased following Mizuho's decision to raise its price target for the company from $850 to $1,000.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 3:30 pm

AFCG

AFC Gamma Inc. (NASDAQ:AFCG) reported a 41% year-over-year drop in net income for fiscal year 2023, with net interest income falling to $64.2 million from $74.7 million in 2022. The company also announced a shift towards becoming a pure-play cannabis lender by 2024. Despite a challenging cannabis market, AFC Gamma distributed $40.9 million in dividends for 2023 and declared a $0.48 per share dividend for Q1 2024. The company's shares slightly declined by 0.09% to $11.38.

Portfolio Pulse from Jelena Martinovic

March 07, 2024 | 3:29 pm