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Stock Prices

Brunswick Corporation (BC) shares are trading lower after the company disclosed below-expectation Q2 preliminary results.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 11:13 am

STLA

TSLA

VWAGY

Battery electric vehicles (BEVs) surpassed diesel in market share for the first time in the EU, reaching 15.1% in June. Tesla Inc, Volkswagen, and Stellantis NV were notable winners, with Tesla recording a 168% increase in vehicle registrations. This comes after the European Parliament approved a law banning the sale of petrol and diesel vehicles from 2035.

Portfolio Pulse from Anan Ashraf

July 19, 2023 | 11:06 am

HROW

Harrow Health has priced an underwritten public offering of 3.38 million shares at $17.75 per share, aiming to raise aggregate gross proceeds of $60 million.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 11:03 am

GRIL

RKFL

VBIV

Insiders at Muscle Maker, Inc. (GRIL), RocketFuel Blockchain, Inc. (RKFL), and VBI Vaccines Inc. (VBIV) have made significant purchases of their companies' stocks. Muscle Maker's 10% owner Aggia FZ LLC acquired shares worth around $27.63 million. RocketFuel's CEO Peter M. Jensen bought 1,000 shares, and VBI Vaccines' Director Steven Gillis acquired shares worth around $1 million. These purchases indicate the insiders' confidence in their companies' prospects.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 11:03 am

DFLI

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) has completed its U.S. lithium battery cell pilot line and started manufacturing anode using its patented process. The pilot line can produce up to 150 MWh of domestically manufactured LiFePO4 battery cells per year at 70% efficiency. Full cells are expected to be produced by the end of 2023. DFLI shares are trading lower by 0.52% at $1.92 premarket on Wednesday.

Portfolio Pulse from Akanksha Bakshi

July 19, 2023 | 11:00 am

AMRN

AUR

HPK

IBKR

JOBY

OMC

Several US stocks recorded losses in Wednesday's pre-market trading session. Amarin Corporation shares dipped 16.1% after naming a new CEO and announcing a 30% reduction of non-sales roles. Aurora Innovation shares declined 14% following plans to sell $600 million worth of stock in a private placement. HighPeak Energy shares fell 9.1% after announcing a public offering. Omnicom Group shares declined 6.8% after reporting downbeat Q2 sales. Joby Aviation shares fell 6.4% after JP Morgan downgraded the stock from Neutral to Underweight. Interactive Brokers Group shares declined 5.1% following weaker-than-expected Q2 results.

Portfolio Pulse from Lisa Levin

July 19, 2023 | 10:51 am

CVNA

Carvana's shares are trading higher following the company's announcement of better-than-expected Q2 sales and a positive adjusted EBITDA guidance for Q3.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 10:42 am

Brunswick Corporation has revised its FY23 adjusted EPS forecast to approximately $9.50, down from the previous range of $9.50-$11.00. The consensus estimate was $10.26.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 10:37 am

NVDA

TSM

Richard Clode, a fund manager at Janus Henderson Investors, shares his investment strategy in tech firms, focusing on long-term trends and underappreciated stocks. His funds include Big Tech stocks like NVIDIA, TSMC, Mastercard, and Visa. Both of Clode’s funds have outperformed the S&P 500’s half-year return of nearly 16%.

Portfolio Pulse from Benzinga Neuro

July 19, 2023 | 10:35 am

CVNA

Carvana's total gross profit per unit increased by 94% to $6,520 in comparison to the second quarter of 2022.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2023 | 10:34 am