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URBN

Urban Outfitters, Inc. (NASDAQ:URBN) reported Q2 earnings of $1.10 per share, beating the analyst consensus estimate of 89 cents, a 71.88% increase from the same period last year. The company also reported quarterly sales of $1.27 billion, beating the analyst consensus estimate of $1.25 billion, a 7.52% increase from the same period last year. The company's total inventory decreased by 15.9% year-over-year as of July 31. Shares of URBN were up 2.79% in the after-hours session.

Portfolio Pulse from Ryan Gustafson

August 22, 2023 | 8:25 pm

UONE

UONEK

Urban One, Inc. (NASDAQ:UONEK, UONE) has received a third notification from NASDAQ for non-compliance with Listing Rule 5250(c)(1) due to not having timely filed its Q1 and Q2 2023 Form 10-Q. The company has until September 27, 2023, to regain compliance or face potential delisting. The company plans to file both the Q1 and Q2 2023 Form 10-Q on or before the deadline.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:17 pm

LZB

La-Z-Boy has projected its Q2 sales to be between $490M and $510M, which is slightly lower than the estimated $507.08M.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:17 pm

AVGO

A significant bearish stance has been taken on Broadcom (NASDAQ:AVGO) by a large investor, as observed in the publicly available options history. The overall sentiment of these big-money traders is split between 43% bullish and 56% bearish. The whales have been targeting a price range from $420.0 to $1360.0 for Broadcom over the last 3 months. The price of AVGO is currently down -1.08% at $855.79.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 8:16 pm

XOM

A significant investor has taken a bearish stance on Exxon Mobil (NYSE:XOM), with 68% of recent trades being bearish. The targeted price range for Exxon Mobil over the last 3 months is $85.0 to $150.0. The current price of XOM is down -0.56% at $108.1. UBS, Morgan Stanley, Truist Securities, and Mizuho have maintained their ratings on Exxon Mobil with price targets of $139, $124, $110, and $131 respectively.

Portfolio Pulse from Benzinga Insights

August 22, 2023 | 8:16 pm

COMS

COMSovereign has received a notice from Nasdaq regarding a delay in its quarterly report. The company is expected to submit the report soon to avoid any potential penalties.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:16 pm

NKLA

Nikola Corp has filed for the resale of up to 10.3 million shares of common stock by the selling stockholders, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:13 pm

IMMX

Immix Biopharma has entered into a securities purchase agreement to sell 3,241,076 shares to an accredited investor at a price of $1.94 per share, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:12 pm

CSLR

Complete Solaria (NASDAQ:CSLR) reported Q2 sales of $32.20 million, a decrease of 9% compared to the previous quarter.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:11 pm

FXI

SPY

The U.S. has urged China to be more transparent with its economic data amid concerns of a slowdown in the Chinese economy. This comes as investors globally are closely watching China's economic health, which could have significant implications for global markets.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2023 | 8:08 pm