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AGFY

CISS

LUNR

NVVE

SIDU

SRFM

SWVL

UAVS

VIEW

During Tuesday's intraday session, several industrial stocks experienced significant movements. Nuvve Holding (NVVE) saw a substantial increase of 83.4%, while Sidus Space (SIDU) faced a sharp decline of 43.0%. Other notable gainers included Agrify (AGFY), C3is (CISS), Intuitive Machines (LUNR), Surf Air Mobility (SRFM), and Swvl Hldgs (SWVL). Conversely, Richtech Robotics (RR), EHang Holdings (EH), AgEagle Aerial Sys (UAVS), and View (VIEW) were among the losers.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 5:31 pm

ATGE

GMBL

MBUU

SLNA

In Tuesday's intraday session, several consumer discretionary stocks experienced significant movements. Esports Entertainment (GMBL) saw a sharp rise of 63.1%, while Adtalem Global Education (ATGE) dropped by 21.8%. Other notable gainers include Selina Hospitality (SLNA) and Cheetah Net Supply Chain (CTNT), with increases of 35.32% and 14.28% respectively. Malibu Boats (MBUU) fell by 16.33% after releasing Q2 earnings.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 5:31 pm

SYY

Sysco Corporation (NYSE:SYY) reported Q2 FY24 sales of $19.288 billion, slightly below estimates, but saw increases in U.S. Foodservice volume, gross profit, operating income, and adjusted EBITDA. Adjusted EPS of $0.89 beat estimates by $0.01. The company also reported significant increases in cash flow and free cash flow, and reiterated its FY24 guidance, with shares rising 5.87%.

Portfolio Pulse from Nabaparna Bhattacharya

January 30, 2024 | 5:31 pm

NEXI

PEPG

SXTP

TSVT

Health care stocks experienced significant movement in Tuesday's intraday session. NexImmune (NEXI) saw a substantial increase of 152.8%, while 60 Degrees (SXTP) faced a sharp decline of 38.1%. Other notable gainers include PepGen (PEPG) and 2seventy bio (TSVT), with increases of 60.68% and 20.2% respectively. On the losing side, Revelation Biosciences (REVB) and Palisade Bio (PALI) dropped by 32.18% and 32.11%, indicating a volatile day for health care stocks.

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 5:31 pm

BTOG

CALX

PXLW

RTC

SANM

In Tuesday's intraday session, several IT stocks experienced significant movements. Pixelworks (PXLW) saw a 45.3% increase, while Baijiayun Group (RTC) dropped by 75.9%. Sanmina (SANM) rose by 30.03% following their Q1 earnings release, and Calix (CALX) fell 26.14% after their Q4 earnings. Other notable movers included Bit Origin (BTOG), Saverone 2014 (SVRE), Minim (MINM), CCSC Technology (CCTG), Airspan Networks Hldgs (MIMO), UTime (WTO), Quantum (QMCO), and Addvantage Technologies (AEY).

Portfolio Pulse from Benzinga Insights

January 30, 2024 | 5:31 pm

PPBI

Stephens & Co. analyst Andrew Terrell has reiterated an Equal-Weight rating on Pacific Premier Bancorp (NASDAQ:PPBI) and maintained a price target of $28.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 5:28 pm

PHM

PulteGroup Inc (NYSE:PHM) reported a decline in Q4 fiscal 2023 total revenue by 15.5% to $4.29 billion, missing consensus estimates. EPS decreased to $3.28 but beat the consensus of $3.22. Home sale revenues dropped 16% Y/Y, but net new orders increased 57% Y/Y. The company announced a $1.5 billion increase to its share repurchase program, totaling $1.8 billion. CEO Ryan Marshall expressed optimism for 2024 due to lower interest rates. PHM shares rose 2.29% to $108.49.

Portfolio Pulse from Akanksha Bakshi

January 30, 2024 | 5:21 pm

WRB

UBS analyst Brian Meredith has maintained a Buy rating on WR Berkley (NYSE:WRB) and increased the price target from $81 to $93.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 5:20 pm

DOGEUSD

ETHUSD

SHIBUSD

TRXUSD

Vitalik Buterin's tweet in Chinese saying 'We'll learn to meow together' has inadvertently led to the creation of a new memecoin with a ticker symbol '喵喵喵喵' (Chinese for 'meow meow meow meow'), reaching a $5 million market cap within hours. Justin Sun, founder of Tron, supported the coin, promising a listing on his exchange, Poloniex. This event highlights the influence of prominent figures in the crypto space and the volatile nature of memecoins, which can surge in value following endorsements or social media activity.

Portfolio Pulse from Ivan Crnogatić

January 30, 2024 | 5:18 pm

REGN

TSVT

2seventy Bio has announced that it will concentrate solely on the commercialization and development of its cancer treatment, Abecma, and is selling its research and development pipeline to Regeneron Pharmaceuticals. This strategic move is aimed at focusing the company's resources on Abecma, which is a significant product in its portfolio.

Portfolio Pulse from Benzinga Newsdesk

January 30, 2024 | 5:15 pm