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HRYU

Shares of Hanryu Holdings have resumed trading.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:32 am

CVLT

Commvault Systems reported its Q1 financial results and issued guidance for Q2 and FY24, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:32 am

AMC

BTCUSD

GLD

GME

SLV

TUP

USO

The article discusses the resurgence of the meme crowd, with Tupperware Brands Corp (TUP) becoming the latest favorite. The stock has moved from $0.61 to $5.29 in a few days due to buying by the meme crowd and a resulting short squeeze. The initial trigger was a regulatory filing by Tupperware that identified multiple misstatements in its financial reports and material weaknesses in internal controls. The article also mentions the weak seasonality confronting the AI frenzy and FOMO, and the potential impact of upcoming economic data releases.

Portfolio Pulse from The Arora Report

August 04, 2023 | 9:31 am

HRYU

Shares of Hanryu Holdings have been halted due to a circuit breaker to the downside.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:31 am

SANM

Sanmina Corporation reported lower than expected Q3 revenue results and issued Q4 revenue guidance below estimates, leading to a drop in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:31 am

HRYU

Hanryu Holdings' IPO shares have started trading at $9.32 per share, which is lower than the IPO price of $10 per share.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:31 am

ZBH

Zimmer Biomet Holdings, Inc. (NYSE:ZBH) reported Q2 FY23 adjusted EPS of $1.82, in line with consensus estimates. The company posted Q2 sales of $1.870 billion, up 4.9% Y/Y, beating the consensus of $1.825 billion. Revenue from knee and hip products increased by 9.4% and 3.5% respectively. The company raised its financial guidance for 2023 based on confidence in business performance and innovation pipeline. However, ZBH shares are down 5.15% at $131.04.

Portfolio Pulse from Nabaparna Bhattacharya

August 04, 2023 | 9:31 am

TREX

Trex Co shares are trading higher after the company reported strong Q2 earnings. Several firms have also raised their price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:31 am

ZI

ZoomInfo Technologies Inc (ZI) shares dropped after the company reported mixed Q2 earnings and weak guidance. Analysts from Piper Sandler, Mizuho Securities, Truist Securities, Needham, and JMP Securities provided their insights, with most reducing their price targets. The company's revenue shortfall and lowered outlook for 2023 were highlighted as concerns, with software renewals identified as a key challenge.

Portfolio Pulse from Priya Nigam

August 04, 2023 | 9:30 am

CNO

CNO Financial Group's shares are trading lower following the company's Q2 earnings report, which revealed worse-than-expected adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:30 am