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GME

GameStop (NYSE:GME) reported Q1 earnings with a miss of 16.67%, posting an EPS of $-0.14 against an estimate of $-0.12. Revenue was down $141 million YoY. Last quarter, the company beat EPS estimates, resulting in a 35.24% share price increase the following day.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:20 pm

DOGEUSD

Dogecoin co-founder Billy Markus participated in a Benzinga Twitter conversation about what people would do with $1 million. Markus suggested saving $520,000 for taxes. Responses varied from debt reduction and savings to investments and charitable giving.

Portfolio Pulse from AJ Fabino

June 07, 2023 | 8:19 pm

CURV

Torrid Holdings expects Q2 net sales to be between $280M-$295M, lower than the consensus estimate of $333.13M.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 8:18 pm

STCN

Steel Connect has announced a 1-for-3,500 reverse/forward stock split, which will reduce the number of outstanding shares and increase the stock price.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 8:18 pm

UNH

A large bullish position on UnitedHealth Group (NYSE:UNH) has been observed, with 12 options trades spotted, split between 50% bullish and 50% bearish sentiment. Whales have been targeting a price range of $320 to $490 for UNH over the last 3 months. Piper Sandler downgraded its action to Overweight with a price target of $580, while JP Morgan maintained their Overweight rating with a price target of $562.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:17 pm

HCP

HashiCorp expects Q2 EPS loss of $0.16-$0.14, lower than the estimated $0.12, and revenue of $137M-$139M, below the estimated $141.43M. For FY24, the company forecasts EPS loss of $0.27-$0.24 and revenue of $564M-$570M, both lower than estimates.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 8:17 pm

CURV

Torrid Holdings (NYSE:CURV) reported Q1 earnings with an EPS of $0.11, missing estimates by 8.33%. Revenue was down $34.55 million from the same period last year. Last quarter, the company missed on EPS by $0.24, followed by a 21.85% increase in share price the next day.

Portfolio Pulse from Benzinga Insights

June 07, 2023 | 8:15 pm

APT

JETS

MMM

New York City experienced the worst air quality in the world on Wednesday due to Canadian wildfires, leading to outdoor activities being canceled and flights delayed. Companies producing masks, such as 3M Co and Alpha Pro Tech, could benefit if the situation persists.

Portfolio Pulse from Aaron Bry

June 07, 2023 | 8:13 pm

TUP

Tupperware Brands has received a notice of non-compliance with NYSE continued listing requirements due to its stock price falling below the minimum threshold.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2023 | 8:12 pm

FDMT

4D Molecular Therapeutics (NASDAQ:FDMT) announced positive interim data from the 4D-710 Phase 1/2 AEROW clinical trial for the treatment of cystic fibrosis lung disease. The trial showed meaningful improvement in cystic fibrosis-related quality of life and improved or stabilized ppFEV1. The company plans to initiate the Phase 2 Dose Expansion stage in H2 2023.

Portfolio Pulse from Happy Mohamed

June 07, 2023 | 8:11 pm