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FWRG

First Watch Restaurant Group (FWRG) announces a 3 million secondary offering of common stock, which may dilute existing shareholders' ownership and impact the stock price.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:11 pm

DOCU

DocuSign (NASDAQ:DOCU) reported Q1 earnings with an EPS of $0.72, beating estimates by 28.57%. Revenue was up $72.7 million YoY. Last quarter, the company beat EPS estimates by $0.13, followed by a 22.85% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 8:11 pm

MTN

Vail Resorts, Inc. expects net income for FY23 to be between $251M and $283M, with Resort Reported EBITDA between $837M and $853M. The outlook assumes a continuation of the current economic environment, normal weather conditions, and no material impacts from COVID-19.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 8:10 pm

CMT

Core Molding Technologies (CMT) is set to join the Russell 3000 Index, which could lead to increased visibility and trading volume for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:06 pm

ELEV

Elevation Oncology has announced the launch of a proposed public offering, with no size disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 08, 2023 | 8:05 pm

CMTL

Comtech Telecom reported Q3 sales of $136.30 million, beating the analyst consensus estimate of $135.99 million by 0.23% and marking an 11.62% increase over the same period last year.

Portfolio Pulse from Happy Mohamed

June 08, 2023 | 8:04 pm

GIS

Unusual options activity has been observed in General Mills (NYSE:GIS), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 10 uncommon options trades, with 40% bullish and 60% bearish sentiment. The targeted price range for General Mills over the last 3 months is $80.0 to $85.0.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 8:04 pm

RENT

Rent the Runway (NASDAQ:RENT) shares traded lower after posting Q1 financial results, beating analyst estimates with a loss of 46 cents per share and sales of $74.2 million. Analysts adjusted price targets on the stock, ranging from $3.50 to $6.

Portfolio Pulse from Ryan Gustafson

June 08, 2023 | 8:04 pm

SBUX

A whale has taken a bearish stance on Starbucks (NASDAQ:SBUX) with 72% of detected unusual options activity being bearish. Whales have been targeting a price range of $94 to $110 for Starbucks over the last 3 months. TD Cowen maintains an Outperform rating with a price target of $117.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 8:03 pm

EXPE

Over the past 3 months, 10 analysts have published their opinions on Expedia Group (NASDAQ:EXPE) stock, with an average 12-month price target of $121.5, representing an 8.74% decrease from the previous average of $133.14.

Portfolio Pulse from Benzinga Insights

June 08, 2023 | 8:03 pm