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ARBK

EGIO

INVE

LAES

In Monday's pre-market session, several information technology stocks showed significant movement. Gainers included Identiv (INVE), Edgio (EGIO), NextNav (NN), Thoughtworks Holding (TWKS), CISO Global (CISO), and Minim (MINM). Losers included SEALSQ (LAES), Hitek Global (HKIT), Gen Digital (GEN), Argo Blockchain (ARBK), Stronghold Digital Mining (SDIG), and SMX (Security Matters).

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 1:05 pm

NKLA

Nikola Corp's shares are trading lower after one of its trucks, which had caught fire last month, reignited. The company had kept the damaged trucks at its headquarters for safety monitoring and ongoing investigations. Nikola is expected to report a loss of 22 cents per share on revenue of $15.43 million in its Q2 financial results.

Portfolio Pulse from Adam Eckert

July 24, 2023 | 1:05 pm

TLGA

TLG Acquisition One and Electriq Power, Inc. have entered into a forward purchase agreement for an OTC equity prepaid forward transaction. The seller intends to purchase up to 9.9% of TLG's Class A common stock following the merger, according to an SEC filing.

Portfolio Pulse from Happy Mohamed

July 24, 2023 | 1:05 pm

HRTX

Heron Therapeutics has announced a private placement financing of 20,734,917 shares at $1.37 per share, raising $30M in total.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 1:04 pm

STKH

Steakholder Foods has signed its first multimillion dollar agreement with an accredited GCC governmental body to commercialize its 3D bio-printing technology. This has led to an increase in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 1:04 pm

BRO

Brown & Brown, Inc. (NYSE:BRO) is expected to report higher Q2 earnings at 59 cents per share, up from 51 cents per share a year ago. The company's revenue is projected to be $997.51 million. The stock closed at $71.20 on Friday. Several analysts have recently updated their price targets for the company, with the most optimistic target at $82.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 1:03 pm

ASAN

CULP

SAFT

Insider trades were noted in Asana, Inc. (ASAN), Safety Insurance Group, Inc. (SAFT), and Culp, Inc. (CULP). ASAN's CEO acquired 240,000 shares at an average price of $22.90, costing around $5.5 million. SAFT's 10% owner Plymouth Rock Co Inc acquired 32,384 shares at an average price of $67.24, costing around $2.18 million. CULP's Director bought 4,500 shares at an average price of $5.50, costing around $24,750.

Portfolio Pulse from Lisa Levin

July 24, 2023 | 1:02 pm

TUP

Tupperware shares are experiencing a surge in trading volume due to increased interest from retail investors.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 1:01 pm

ELF

e.l.f. Beauty (NYSE:ELF) has received mostly bullish ratings from analysts in the last quarter, with 4 bullish, 6 somewhat bullish, and 2 indifferent ratings. The average 12-month price target for the company is $113.67, which has increased by 10.71% over the past month.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 1:01 pm

PYPL

Over the past 3 months, 27 analysts have published their opinion on PayPal Holdings (NASDAQ:PYPL) stock. The company has an average price target of $87.48, a decrease of 7.43% from the previous average price target of $94.50. The analysts' ratings range from bullish to indifferent, with no bearish ratings.

Portfolio Pulse from Benzinga Insights

July 24, 2023 | 1:01 pm