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Stock Prices

GGR

Gogoro has revised its FY23 revenue outlook from $400M-$450M to $340M-$370M due to potential ongoing soft ePTW demand in the Taiwan market. The company expects to generate approximately 95% of its 2023 full-year revenue from the Taiwan market.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:05 am

YETI

Yeti has increased its FY23 adjusted EPS outlook from $2.12 - $2.23 to $2.23 - $2.32, which is higher than the estimated $2.19.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:04 am

EYE

National Vision Holdings (NASDAQ:EYE) reported Q2 adjusted earnings of $0.17 per share, beating the analyst consensus estimate of $0.09 by 88.89%. However, this is a 19.05% decrease from the same period last year. The company also reported quarterly sales of $525.34 million, slightly beating the estimate of $525.15 million by 0.04%, and marking a 3.10% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 10:02 am

AMRN

BXSL

DNA

INVZ

MGNI

ORGN

PLUG

TASK

TTD

Several stocks recorded losses in Thursday's pre-market trading session. Origin Materials, Innoviz Technologies, Magnite, TaskUs, Plug Power, Blackstone Secured Lending Fund, Ginkgo Bioworks Holdings, Amarin Corporation, and The Trade Desk all saw declines. The drops were largely due to mixed Q2 financial results and weak sales outlooks.

Portfolio Pulse from Lisa Levin

August 10, 2023 | 10:00 am

DAL

UP

Wheels Up Experience Inc (UP) is in active discussions about strategic business partnerships and has raised concerns about its ability to continue operations without additional funding. The company has received a short-term capital infusion from Delta Air Lines Inc (DAL) and has signed a non-binding letter of intent with Airshare to sell its non-core aircraft management business. Wheels Up has postponed its earnings call and plans to file its Form 10-Q by August 14, 2023. UP shares are trading lower by 5.77% premarket.

Portfolio Pulse from Lekha Gupta

August 10, 2023 | 9:49 am

PBR

Citigroup analyst Gabriel Barra has downgraded Petrobras Brasileiro (NYSE:PBR) from Buy to Neutral and lowered the price target from $19 to $14.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 9:39 am

OSPN

DA Davidson analyst Andrew Nowinski has downgraded OneSpan (NASDAQ:OSPN) from Buy to Neutral and lowered the price target from $19 to $12.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 9:36 am

TASK

RBC Capital analyst Daniel Perlin has downgraded TaskUs (NASDAQ:TASK) from Outperform to Sector Perform and lowered the price target from $21 to $16.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 9:32 am

SONX

Piper Sandler analyst Jason Bednar has downgraded Sonendo (NYSE:SONX) from Overweight to Neutral and lowered the price target from $2.5 to $1.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 9:30 am

AVIR

JP Morgan analyst Eric Joseph has downgraded Atea Pharmaceuticals (NASDAQ:AVIR) from Neutral to Underweight.

Portfolio Pulse from richadhand@benzinga.com

August 10, 2023 | 9:29 am