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PL

Planet Labs (NYSE:PL) shares plummeted after hours following the release of its Q1 results, with weaker-than-expected forecasts. Q1 revenue of $52.7 million missed estimates of $52.91 million, while Q1 EPS loss of 13 cents beat estimates for a loss of 15 cents. The company expects Q2 revenue between $53 million and $55 million, lower than the estimated $60.17 million.

Portfolio Pulse from Adam Eckert

June 08, 2023 | 8:37 pm

EW

Edwards Lifesciences (NYSE:EW) has outperformed the market over the past 10 years, producing an average annual return of 22.12%. A $1000 investment in EW 10 years ago would be worth $7,376.78 today.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 8:30 pm

AXP

American Express (NYSE:AXP) has outperformed the market over the past 15 years, producing an average annual return of 9.37%. A $100 investment in AXP 15 years ago would be worth $394.15 today.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 8:30 pm

JUGG

JAWS Juggernaut Acquisition Corporation (NASDAQ: JUGG) has decided not to extend its corporate existence and will redeem all outstanding Class A ordinary shares at a per-share price of approximately $10.33. The company will cease all operations except for winding up and will be delisted from The Nasdaq Stock Market.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 8:23 pm

SMFL

Smart For Life (SMFL) has received a notification letter from Nasdaq, stating that the company has regained compliance with the requirements to be listed on the stock exchange.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:22 pm

PANW

Palo Alto Networks announced that CEO Nikesh Arora has adopted a stock trading plan to sell up to 2 million shares acquired through option and spread exercises between September 2023 and August 2024.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 8:21 pm

DOCU

DocuSign Inc (NASDAQ: DOCU) reported better-than-expected Q1 results, with revenue increasing 12% YoY to $661.39 million, beating the consensus estimate of $641.8 million. Adjusted earnings were 72 cents per share, surpassing estimates of 56 cents per share. The company also provided strong Q2 and full-year revenue guidance.

Portfolio Pulse from Adam Eckert

June 08, 2023 | 8:21 pm

OKYO

OKYO Pharma has filed a mixed shelf offering of up to $100 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:19 pm

PANW

Palo Alto Networks' Chairman and CEO, Nikesh Arora, sold approximately 549,838 shares of the company's common stock on June 6 and 7. About 474,300 shares sold by Arora are related to the exercise of vested options.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 8:19 pm

OPAD

Offerpad Solutions Inc. (NYSE: OPAD) announced a 1-for-15 reverse stock split for its Class A and Class B common stock, effective June 12, 2023. The Class A Common Stock will trade on a reverse split-adjusted basis on the NYSE under the symbol 'OPAD'. The number of shares issuable on exercise of each warrant will be proportionately decreased.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 8:14 pm