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Stock Prices

PINS

Pinterest, Inc. (NYSE:PINS) shares are trading lower alongside other social media stocks due to overall weakness in tech-related sectors on rising yields. Rising treasury yields have put pressure on the market, with the rate-sensitive two-year Treasury yields increasing by 15-basis points, climbing over 5%. This has made it more difficult for companies to attain capital, driving the market downward. Pinterest shares are down over 4%.

Portfolio Pulse from Ryan Gustafson

September 06, 2023 | 7:27 pm

VERB

Verb Technology Company, Inc. (NASDAQ:VERB) shares dropped after a surge due to the announcement of a technology integration and strategic relationship with TikTok. The collaboration is expected to benefit Verb's livestream social shopping platform, MARKET.live, by exposing it to TikTok's 150 million US users. However, the stock pulled back sharply on Wednesday on above-average volume.

Portfolio Pulse from Ryan Gustafson

September 06, 2023 | 7:26 pm

SEDG

Morgan Stanley has maintained an Equal-Weight rating on SolarEdge's stock but lowered its price target from $334 to $240. This has led to a decrease in SolarEdge's share price.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 7:25 pm

XPOF

Xponential Fitness has issued three-year operating targets ahead of its analyst and investor day, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 7:19 pm

JBSS

John B. Sanfilippo & Son (JBSS) is set to acquire the Lakeville manufacturing facility and snack bars business from TreeHouse Foods. This has led to an increase in JBSS's share price.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 7:15 pm

THS

TreeHouse Foods is selling its Lakeville manufacturing facility and snack bars business to John B. Sanfilippo & Son for $63 million in cash. This has led to a rise in TreeHouse Foods' shares.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 7:14 pm

TELL

Tellurian and Baker Hughes have announced an agreement for the supply of eight main refrigerant compression packages for Phase 1 of the Driftwood LNG project. This has led to a rise in Tellurian's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 7:13 pm

GOGO

Gogo Inc. has announced a $50 million share repurchase program, leading to a rise in its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 7:12 pm

CGC

Shares of Canopy Growth are trading higher as cannabis stocks continue to gain following the recent recommendation by the Department of Health and Human Services (HHS) to reclassify marijuana.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 7:11 pm

MITK

Mitek Systems reported strong Q1 results and raised its FY23 guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2023 | 7:10 pm