Streetbeat News

Stock Prices

APP

AppLovin Corporation (APP) announced that KKR Denali Holdings L.P. has entered into an agreement with GQG Partners LLC to sell 10 million shares of AppLovin's Class A common stock in a direct placement to client accounts managed by GQG.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 1:23 pm

AMPG

AmpliTech Gr (NASDAQ:AMPG) reported a decrease in Q2 sales to $4.10 million, down 10.56% from $4.58 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 1:19 pm

JKS

JinkoSolar Holding Co Ltd reported Q2 2023 revenue growth of 50.4% YoY to $4.23 billion, beating the consensus of $4.18 billion. Quarterly shipments were up 28.5% sequentially and 76.7% YoY. Gross margin expanded to 15.6% from 14.7% in Q2 of 2022. The company held $2.35 billion in cash, cash equivalents, and restricted cash as of June 30. However, JKS shares traded lower by 2.59% at $35 premarket on Monday.

Portfolio Pulse from Akanksha Bakshi

August 14, 2023 | 1:17 pm

CBWTF

TSX:XLY

Auxly Cannabis Group Inc. reported a 20% YoY revenue decline and CA$174.2 million in debt for Q2 2023. The company's quarterly revenue was CA$22.0 million ($16.35 million), down by 8% sequentially. Despite the decline, the company has seen a positive impact from the consolidation of its manufacturing, processing, and distribution activities. The company's shares closed 2.58% lower at $01.043 per share.

Portfolio Pulse from Nina Zdinjak

August 14, 2023 | 1:14 pm

GreenPower Motor Company Inc. (NASDAQ:GP) reported Q1 FY24 revenue of $17.58 million, a 356% Y/Y increase, beating the consensus of $16.33 million. The company delivered 131 vehicles in Q1, most of which were various models of EV Star and BEAST school buses. GP secured a $15 million order from the state of West Virginia for 41 school buses. GP shares are trading higher by 1.99% at $4.12 premarket.

Portfolio Pulse from Nabaparna Bhattacharya

August 14, 2023 | 1:14 pm

RDI

Reading Intl (NASDAQ:RDI) reported Q2 sales of $65.10 million, missing the analyst consensus estimate of $68.53 million by 5.01 percent. However, this is a 0.91 percent increase over sales of $64.51 million the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2023 | 1:08 pm

AMOT

Allied Motion Technologies Inc. (NASDAQ:AMOT) has announced a corporate name change to Allient Inc., effective from August 23, 2023. The company's shares will start trading under the new ticker ALNT on the Nasdaq from the same date. The name change reflects the company's evolution from a products-based business to a solutions-oriented company in Motion, Controls and Power technology.

Portfolio Pulse from Happy Mohamed

August 14, 2023 | 1:07 pm

AYRO

CANG

DBGI

GNS

HOFV

JOAN

NIU

PEV

TUP

VEDU

In Monday's pre-market session, several consumer discretionary stocks saw significant movement. Visionary Education Tech (VEDU), Genius Gr (GNS), Hall Of Fame Resort (HOFV), Digital Brands Group (DBGI), AYRO (AYRO), and Cango (CANG) stocks increased, while Phoenix Motor (PEV), Tupperware Brands (TUP), Boqii Holding (BQ), JOANN (JOAN), Niu Techs (NIU), and 17 Education & Technology (YQ) stocks decreased.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 1:06 pm

BTAI

TSHA

ZYNE

Several healthcare stocks experienced significant movement in Monday's pre-market session. Zynerba Pharmaceuticals, Taysha Gene Therapies, Virios Therapeutics, Nemaura Medical, Trxade Health, and Mainz Biomed saw gains, while BioXcel Therapeutics, Science 37 Hldgs, PHAXIAM Therapeutics, Fortrea Holdings, NovaBay Pharmaceuticals, and Valneva experienced losses. Q2 earnings reports were recently released for several of these companies.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 1:06 pm

FRGT

NKLA

PTRA

WLGS

In Monday's pre-market session, 12 industrial stocks showed significant movement. Freight Technologies, Proterra, Recruiter.Com Group, Broadwind, Applied UV, and Markforged Holding were the gainers, with increases ranging from 8.49% to 30.4%. On the other hand, WANG & LEE Group, Nikola, Sunworks, Gaucho Group Holdings, Singularity Future Tech, and Advent Technologies Hldgs saw decreases ranging from 5.08% to 18.9%.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 1:06 pm