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RAD

Rite Aid Corporation has received a notice of non-compliance with NYSE continued listing standards due to its average closing price being less than $1.00 over a consecutive 30 trading-day period.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 8:35 pm

CMBM

Trading of Cambium Networks Corp (CMBM) shares is set to resume at 5:00 p.m. ET.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 8:35 pm

CMBM

Cambium Networks has revised its revenue outlook for Q3 2023 to $40.0-$45.0 million, down from the previous estimate of $62.0-$70.0 million. The decrease is attributed to delays in government defense orders, sluggish revenues in the Point-to-Multi-Point business, decreased orders and increased stock rotations from distributors, and economic headwinds in EMEA. Consequently, the company is suspending its full-year 2023 guidance.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 8:34 pm

CLX

Clorox shares are trading lower following the company's release of preliminary Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 8:34 pm

BTBT

Bit Digital reported a 7% decrease in Bitcoin production in September, producing 130.2 BTC. The decrease was primarily due to an increase in network difficulty and a reduction in active hash rate towards the end of the month.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 8:32 pm

CMBM

Cambium Networks Corporation has revised its Q3 revenue outlook downwards from $62M-$70M to $40M-$45M.

Portfolio Pulse from Bill Haddad

October 04, 2023 | 8:32 pm

RGP

Resource Connection (RGP) shares are trading lower following the company's mixed Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2023 | 8:31 pm

ROK

Rockwell Automation (NYSE:ROK) has outperformed the market over the past 20 years, producing an average annual return of 12.29%. If an investor had bought $100 of ROK stock 20 years ago, it would be worth $1,027.76 today. The company currently has a market capitalization of $33.17 billion.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 8:30 pm

UNP

Union Pacific (NYSE:UNP) has outperformed the market over the past 15 years, producing an average annual return of 13.97%. If an investor had bought $1000 of UNP stock 15 years ago, it would be worth $6,654.71 today. The company currently has a market capitalization of $123.27 billion.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 8:30 pm

HSBC

HSBC Holdings Inc. (NYSE:HSBC) stock increased by 6.30% over the past month and by 48.96% over the past year. The company's price-to-earnings (P/E) ratio is lower than the aggregate P/E of the Banks industry, indicating that the stock might be undervalued. However, a low P/E ratio can also suggest weak growth prospects or financial instability.

Portfolio Pulse from Benzinga Insights

October 04, 2023 | 8:30 pm