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ZIP

ZipRecruiter reported Q2 financial results, leading to a drop in its share price. Evercore ISI downgraded the stock from Outperform to Neutral and lowered its price target from $20 to $18.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 1:08 pm

FTCI

FTC Solar reported worse-than-expected Q2 financial results, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 1:07 pm

MPAA

Motorcar Parts of America (NASDAQ:MPAA) reported Q1 earnings of $0.04 per share, missing the analyst consensus estimate of $0.13 by 69.23%. This is a 88.89% decrease from the same period last year. The company also reported quarterly sales of $159.71 million, missing the analyst consensus estimate of $172.20 million by 7.26%. This is a 2.61% decrease from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 1:07 pm

WeWork shares are trading lower following the company's worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 1:06 pm

PUBM

PubMatic has issued Q3 revenue guidance below estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 1:06 pm

EBET

ISPO

PENN

In Wednesday's pre-market session, several consumer discretionary stocks showed significant movement. EBET, PENN, CPS, GMBL, VCSA, and REAL were among the gainers, with increases ranging from 8.29% to 51.7%. On the other hand, ISPO, TWOU, LL, RMBL, PEV, and MODG experienced decreases ranging from 7.68% to 15.8%. Most of these movements were associated with the release of Q2 earnings reports.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 1:06 pm

DBTX

DOCS

PALI

RENB

TNGX

In Wednesday's pre-market session, several healthcare stocks saw significant movement. Renovaro Biosciences, Decibel Therapeutics, Tango Therapeutics, 180 Life Sciences, Mirati Therapeutics, and Akanda saw gains, with Renovaro Biosciences leading with a 292.9% increase. On the other hand, Palisade Bio, Doximity, Vivos Therapeutics, Monopar Therapeutics, BioLife Solns, and Comera Life Sciences experienced losses, with Palisade Bio falling by 66.1%.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 1:06 pm

ARRY

TYGO

During Wednesday's pre-market session, several industrials stocks experienced significant movement. Array Technologies (ARRY), Axon Enterprise (AXON), ADS-TEC Energy (ADSE), Rocket Lab USA (RKLB), Wheels Up Experience (UP), and Momentus (MNTS) saw their shares rise, with ARRY leading the gainers with a 19.2% increase. On the other hand, Tigo Energy (TYGO), Nxu (NXU), FTC Solar (FTCI), AerSale (ASLE), Sunworks (SUNW), and Gates Industrial Corp (GTES) saw their shares decline, with TYGO leading the losers with a 41.3% decrease.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 1:06 pm

ASNS

CTG

VERI

During Wednesday's pre-market session, several IT stocks experienced significant movement. Actelis Networks, Computer Task Gr, LivePerson, Gorilla Tech Gr, Blackboxstocks, and Rapid7 saw their stocks rise, with Actelis Networks leading with a 31.8% increase. On the other hand, Veritone, VIA optronics, Latch, Expensify, Super Micro Computer, and CEVA saw their stocks fall, with Veritone experiencing the largest decrease of 26.8%. The Q2 earnings reports for several of these companies were released recently.

Portfolio Pulse from Benzinga Insights

August 09, 2023 | 1:06 pm

UWMC

UWM Holdings has projected its Q3 production to be between $26B and $33B.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 1:05 pm