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APPF

AppFolio Inc (NASDAQ:APPF) has been upgraded by Stephens analyst John Campbell and is moving in a positive strategic and financial direction, according to William Blair. The company has added more units than anticipated and is focused on profitability. AppFolio is expected to benefit from the recent decision to monetize ACH payments. The new management team is increasing transparency and cost discipline across the organization. The stock was up 5.54% to $194.00 at the time of publication.

Portfolio Pulse from Priya Nigam

August 28, 2023 | 3:54 pm

BSX

Boston Scientific's stock (NYSE:BSX) has risen by 6.25% to $53.92 due to positive results from the ADVENT study on Farapulse Pulsed Field Ablation, a system for heart tissue ablation in atrial fibrillation patients. The system is expected to receive approval by next year. Boston Scientific, which also produces pacemakers, defibrillators, and stents, is benefiting from an aging population.

Portfolio Pulse from The Arora Report

August 28, 2023 | 3:43 pm

SBUX

SPY

The article discusses the impact of the introduction of the Pumpkin Spice Latte on Starbucks Corporation's (NASDAQ:SBUX) stock performance. Since its launch in 2003, the product has sold hundreds of millions of units and has significantly contributed to the company's success. An investment of $1,000 in Starbucks stock at the time of the product's introduction would be worth $16,247.50 today, representing a hypothetical return of 1,524.8%. In comparison, the same investment in the SPDR S&P 500 ETF Trust (NYSE:SPY) would be worth $6,194.12 today, a return of 519.4%.

Portfolio Pulse from Chris Katje

August 28, 2023 | 3:31 pm

DWAC

SPY

The trial for former President Trump in the Department of Justice's 2020 election case has been set for March 4, 2024. The news may impact the stocks of Digital World Acquisition Corp (DWAC) and SPDR S&P 500 ETF Trust (SPY).

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 3:28 pm

THRN

Thorne HealthTech Inc (NASDAQ:THRN) is set to be acquired by L Catterton, a global consumer-focused investment firm, in a $680 million cash deal. The transaction, which represents a 94% premium to the unaffected closing share price on July 20, 2023, and a 30% premium to the last closing price of $7.81 on August 25, 2023, is expected to be completed in Q4 2023. Post-acquisition, Thorne will become a privately held company and its shares will no longer be listed on any public market.

Portfolio Pulse from Shivani Kumaresan

August 28, 2023 | 3:23 pm

HT

Hersha Hospitality Trust (HT) has announced that it will be acquired by KSL Capital Partners. This news has led to an increase in HT's share price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 3:05 pm

AAPL

An auction of Apple-related items, including memorabilia signed by co-founders Steve Jobs and Steve Wozniak, has concluded, with several items fetching six-figure sums. Highlights include a handwritten ad copy for Apple-1 by Jobs, which sold for $175,759, and a check signed by Jobs and Wozniak from 1976, which sold for $135,261. A fully functional Apple-1 Computer signed by Wozniak sold for $223,520, and a factory-sealed first-generation iPhone fetched $55,999. The auction also featured a Tim Cook signed iPhone 11, which sold for $1,513.

Portfolio Pulse from Chris Katje

August 28, 2023 | 3:04 pm

SCVL

Shoe Carnival (NASDAQ:SCVL) is set to release its latest quarterly earnings report on Tuesday, 2023-08-29. Analysts estimate an earnings per share (EPS) of $0.84. The company's stock price has historically been affected by its earnings performance and guidance. Last quarter, the company missed EPS by $0.09, resulting in a 3.39% drop in share price. Over the last 52-week period, shares are down 7.65%.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 3:02 pm

AMWD

American Woodmark (NASDAQ:AMWD) is set to release its latest quarterly earnings report on Tuesday, 2023-08-29. Analysts estimate an earnings per share (EPS) of $2.30. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock was trading at $71.94 as of August 25, with a 52-week increase of 39.65%.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 3:02 pm

YY

JOYY (NASDAQ:YY) is set to release its latest quarterly earnings report on August 29, 2023. Analysts estimate an earnings per share (EPS) of $0.40. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $32.33 and has seen an 18.4% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 28, 2023 | 3:01 pm