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Stock Prices

LI

Li Auto shares are trading higher after China announced an extension to the new energy vehicle purchase tax exemption until 2027, with a maximum cap of 30,000 yuan ($4,169) per vehicle until the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 11:18 am

FDX

FedEx reported Q4 revenue miss and issued a weaker FY24 outlook, missing consensus estimates. The CFO expects margin contraction for the year.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 11:13 am

ABCM

Jonathan Milner, co-founder of Abcam plc, issued an open letter urging shareholders to vote using the blue proxy card. This comes amid concerns over the company's future direction and performance.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 11:12 am

FDX

KBH

LI

LZB

NIO

PDCO

QQQ

SCS

SPY

WGO

XPEV

US stocks are expected to have a cautious start on Wednesday as traders anticipate Federal Reserve Chair Jerome Powell's Congressional testimony. FedEx Corp.'s disappointing guidance may cause anxiety about the economy. Chinese EV startups Nio, XPeng, and Li Auto rally after China extends green-energy vehicle incentives.

Portfolio Pulse from Shanthi Rexaline

June 21, 2023 | 11:11 am

PTCT

PTC Therapeutics shared interim data from the 12-week portion of the PIVOT-HD Phase 2 study of PTC 518 in Huntington's disease patients, showing dose-dependent lowering of huntingtin protein levels in peripheral blood cells.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 11:10 am

PDCO

Patterson Cos (NASDAQ:PDCO) reported Q4 earnings, beating estimated earnings by 20.0% with an EPS of $0.84. Revenue was up $82 million from the same period last year. Last quarter, the company beat EPS estimates by $0.02, followed by a 1.22% increase in share price the next day.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 11:10 am

PIRS

Pieris Pharma shares are set to resume trading at 7:30 AM ET.

Portfolio Pulse from Charles Gross

June 21, 2023 | 11:08 am

SM

SM Energy expects to underspend the low end of its Q2 guidance for capital expenditures and lease operating expenses (LOE) costs.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 10:59 am

PIRS

Pieris Pharmaceuticals' stock trading has been halted pending news. The company's stock symbol is PIRS.

Portfolio Pulse from Charles Gross

June 21, 2023 | 10:58 am

SM

SM Energy has announced that it expects to exceed the high end of its Q2 production guidance, revising its guidance for Q2 and the full year to reflect higher production and lower costs.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 10:58 am