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SFIX

Stitch Fix shares declined following the release of disappointing Q4 EPS results.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:09 pm

LWAY

Lifeway Foods has received a non-binding proposal from Danone North America to acquire the company at $25.00 per share. Danone currently owns 23.4% of Lifeway's stock. Shareholders are advised not to take any action yet.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:08 pm

CRWD

S

TLS

ZS

A recent survey highlights cybersecurity as the top concern for business owners, with 62% worried about cyber risks. Cybersecurity stocks like Zscaler and CrowdStrike showed mixed reactions, with Zscaler gaining slightly and CrowdStrike declining.

Portfolio Pulse from Michael Juliano

September 24, 2024 | 8:07 pm

SFIX

Stitch Fix reported a Q4 2024 GAAP EPS of $(0.29), missing the $(0.19) estimate, while sales of $319.6M slightly beat the $318.5M estimate. Sales decreased by 14.95% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:06 pm

RITM

Rithm Capital Corp. has announced a 30 million share common stock offering, which could impact its stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:06 pm

JFBR

Jeffs' Brands shares are rising as its subsidiary, Fort Product, expands its commercialization efforts across Europe.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:05 pm

WVE

Wave Life Sciences Ltd. (NASDAQ:WVE) announced a $175 million public offering of ordinary shares and pre-funded warrants. The offering includes a 30-day option for underwriters to purchase an additional 15% of shares. J.P. Morgan and Leerink Partners are joint book-running managers.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 8:01 pm

PG

Wealthy investors are showing a bullish stance on Procter & Gamble (NYSE:PG) through options trading, with 62% of trades being bullish. The options activity suggests a focus on a price range between $155 and $190. Recent analyst ratings are mixed, with a new buy rating from DZ Bank and a downgrade from Piper Sandler.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 8:00 pm

MTB

M&T Bank (NYSE:MTB) has received mixed analyst ratings over the past three months, with a recent increase in average price target to $187.38. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Despite challenges such as a decline in revenue and lower net margin, M&T Bank's ROA remains strong. The bank's debt-to-equity ratio is higher than industry averages, indicating financial risk.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 8:00 pm

CBRE

CBRE Group (NYSE:CBRE) has delivered an impressive annualized return of 18.4% over the past 5 years, outperforming the market by 4.43%. A $1000 investment in CBRE 5 years ago would now be worth $2,331.85, highlighting the power of compounded returns.

Portfolio Pulse from Benzinga Insights

September 24, 2024 | 8:00 pm