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VIRI

Virios Therapeutics reported worse-than-expected Q2 earnings per share (EPS) results, leading to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:54 pm

ALRM

Alarm.com reported better-than-expected Q2 financial results and issued guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:54 pm

AKU

Akumin reported a year-over-year decrease in Q2 financial results, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:53 pm

EDBL

Edible Garden AG Incorporated (NASDAQ:EDBL) reported better-than-expected Q2 financial results, with losses of 24 cents per share, beating the analyst consensus estimate by 73.33%, and sales of $4.22 million, beating the consensus estimate by 15.33%. The company's shares are trading higher on heavy trading volume, with more than 63.5 million shares traded in the session.

Portfolio Pulse from Erica Kollmann

August 10, 2023 | 3:53 pm

XFOR

X4 Pharmaceuticals reported worse-than-expected Q2 earnings per share (EPS) results, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:53 pm

PTRA

Proterra Inc (PTRA) shares have dropped by 22.9% to $0.12 after the company announced it has filed for Chapter 11 bankruptcy. Despite this, the company plans to continue operations and secure funding for salaries, benefits, and vendor payments. The scheduled earnings conference call for August 9 has been canceled.

Portfolio Pulse from Henry Khederian

August 10, 2023 | 3:52 pm

PTRA

Proterra has filed for Chapter 11 bankruptcy, leading to a continued downward trend in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:52 pm

BLNK

Blink Charging's Chief Revenue Officer, Mike Battaglia, at Benzinga's EV Conference, commented on the company's FY guidance raise, stating that there is hardly any other industry growing as fast as EV charging.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:52 pm

QS

QuantumScape Corp's shares are trading lower by 2.0% following the announcement of a $300 million public offering of Class A common stock. The underwriters have a 30-day option to purchase up to an additional 5.6 million shares at the offering price. The public offering closed on Tuesday, August 8. Evercore ISI and Morgan Stanley were joint lead book-running managers for the offering, with Goldman Sachs & Co. LLC and UBS Investment Bank acting as additional book-running managers.

Portfolio Pulse from Henry Khederian

August 10, 2023 | 3:50 pm

SUNL

Sunlight Financial Holdings' stock has been downgraded from Outperform to Market Perform by TD Cowen, causing the shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 3:49 pm