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GETR

Getaround Inc (NYSE:GETR) stock surged 139% to $0.44 after securing a new debt facility with Mudrick Capital Management for up to $20 million. The funding supports Getaround's 2024 operating plan, with an initial draw of $5 million. This follows strong Q3 2023 results, with 42% revenue growth and a 52% trip contribution margin. Getaround also launched a new global app and website, and Jason Mudrick joined the board. Ahmed Fattouh stepped down from the board following the funding.

Portfolio Pulse from Henry Khederian

January 24, 2024 | 4:07 pm

JL

Shares of J-Long resumed trading but were halted again due to a circuit breaker being triggered, this time due to a downward move in the stock price.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 4:07 pm

NXU

Nxu, Inc. (NASDAQ:NXU) stock is surging after the company announced securing patents for a locking mechanism in its NxuOne charging handle and a thermal management solution for EV batteries. The news has led to heavy trading volume, with over 20.56 million shares traded, far exceeding the 100-day average of 588,000 shares. The stock's significant short interest of 11.57% may also be amplifying the price movement. At the time of publication, NXU shares have risen 13% to $1.43.

Portfolio Pulse from Erica Kollmann

January 24, 2024 | 4:06 pm

MMM

RBC Capital analyst Deane Dray has maintained an Underperform rating on 3M (NYSE:MMM) while raising the price target from $83 to $87.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 4:04 pm

RR

Richtech Robotics shares have resumed trading. There is no additional context provided in the news article regarding the reason for the halt or the implications of the resumption.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 4:03 pm

BZUN

Baozun Inc. has announced a $20 million share repurchase program, leading to an increase in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 4:02 pm

AJG

Arthur J. Gallagher (NYSE:AJG) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $1.85. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, AJG's stock price has shown minor negative reactions to earnings beats. Shares are currently trading at $239.68, with a 22.01% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 4:01 pm

SWN

Southwestern Energy (NYSE:SWN) is analyzed against its peers in the Oil, Gas & Consumable Fuels industry. Key financial metrics indicate potential undervaluation with a P/E of 1.37, P/B of 1.06, and P/S of 0.85, all below industry averages. However, its ROE, EBITDA, gross profit, and revenue growth are lower than peers, suggesting challenges in profitability and growth. The company's lower debt-to-equity ratio of 0.65 suggests a stronger financial position relative to top peers.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 4:01 pm

COF

Capital One Financial (NYSE:COF) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $2.64. Investors are looking for an earnings beat and positive guidance for future growth. In the past, COF has seen significant share price movements following earnings reports. Last quarter, COF beat the EPS estimate by $1.20, resulting in a 9.19% share price increase the following day. Over the last year, COF shares have risen 13.53%, with the current price at $129.76 as of January 23.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 4:01 pm

BPOP

Popular (NASDAQ:BPOP) is scheduled to release its quarterly earnings report on Thursday, 2024-01-25, with analysts expecting an EPS of $1.52. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Popular has had mixed post-earnings stock price reactions, with a slight increase after last quarter's beat. Shares are currently trading at $82.17, up 27.75% over the past year, indicating a bullish sentiment among long-term shareholders ahead of the earnings announcement.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 4:01 pm