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ADC

INTC

KDP

MMS

Insiders at Agree Realty Corporation (ADC), Maximus, Inc. (MMS), Intel Corporation (INTC), and Keurig Dr Pepper Inc. (KDP) have recently made significant stock purchases. ADC's Director bought shares worth $1.16M despite the company's downbeat quarterly sales. MMS's CEO bought shares worth $248,368 following better-than-expected quarterly earnings. INTC's CEO bought shares worth $133,343 after the company reported better-than-expected Q2 results and issued strong guidance. KDP's Chief R&D Officer bought shares worth $1.85M after the company reported Q2 sales growth of 6.6% YoY, beating consensus.

Portfolio Pulse from Lisa Levin

August 07, 2023 | 11:50 am

AXSM

Axsome Therapeutics reported better-than-expected Q2 sales, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:49 am

DNA

Ginkgo Bioworks has announced a collaboration with Merck to improve biologic manufacturing, leading to a rise in Ginkgo Bioworks' shares.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:48 am

FE

UBS analyst Gregg Orrill has downgraded FirstEnergy (NYSE:FE) from Buy to Neutral and lowered the price target from $45 to $40.

Portfolio Pulse from richadhand@benzinga.com

August 07, 2023 | 11:45 am

BKI

Black Knight's shares are trading higher following the dismissal of an injunction that sought to block ICE's acquisition of the company.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:44 am

SOHU

Sohu.Com Limited's shares are trading lower after the company missed its second-quarter estimates and provided a disappointing guidance.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:37 am

AULT

CISS

MCOM

NXU

WLGS

The article lists five industrials stocks that are currently oversold and may present a buying opportunity. These include Micromobility.com Inc. (NASDAQ:MCOM), WANG & LEE GROUP, Inc. (NASDAQ:WLGS), Ault Alliance, Inc. (NYSE:AULT), Nxu, Inc. (NASDAQ:NXU), and C3is Inc. (NASDAQ:CISS). All these stocks have an RSI value below 30, indicating they are oversold.

Portfolio Pulse from Lisa Levin

August 07, 2023 | 11:36 am

GOGO

Gogo Inc. reported mixed Q2 results and reduced its FY23 and long-term growth targets, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:35 am

DKNG

DraftKings Inc (NASDAQ:DKNG) reported Q2 revenue of $874.93 million, up 88% YoY, beating the Street consensus estimate of $759.55 million. Adjusted EPS was 14 cents, also beating the Street consensus estimate of a loss of 25 cents per share. Following the strong earnings, several analysts raised their price targets on DraftKings. The company's shares gained 5.8% to close at $31.74 on Friday and added 1.8% in pre-market trading.

Portfolio Pulse from Lisa Levin

August 07, 2023 | 11:34 am

COLL

Collegium Pharmaceutical, Inc. has announced a $50 million accelerated share repurchase (ASR) program. The ASR is expected to be funded from the company's existing cash on hand.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:33 am