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ACHR

ICVX

IONQ

LILM

MYGN

PACW

WAL

PacWest Bancorp, IonQ, Lilium, Myriad Genetics, Icosavax, Archer Aviation, and Western Alliance Bancorporation recorded gains in Tuesday's pre-market trading session. Factors include loan agreements, partnerships, upgrades, and direct offerings.

Portfolio Pulse from Lisa Levin

May 23, 2023 | 10:57 am

PLX

Protalix BioTherapeutics (PLX) is set to join the Russell 3000 Index, which may increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:52 am

CTRN

Citi Trends has updated its FY23 sales outlook, revising the expected decline from low double digits to mid-teens to a more moderate mid single-digits to low single-digits decline.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:50 am

BJ

BJ's Wholesale Club (NYSE:BJ) reported Q1 earnings with in-line EPS of $0.85 and revenue up $227 million YoY. Last quarter, the company beat EPS estimates by $0.13, followed by a 1.68% drop in share price the next day.

Portfolio Pulse from Benzinga Insights

May 23, 2023 | 10:50 am

BJ

BJ's Wholesale Club's CFO, Laura Felice, reiterated the company's FY23 outlook remains unchanged due to sustained strength in the grocery business and market share gains.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:49 am

JMIA

Jumia's Q1 total payment volume (TPV) was $48.6 million, a 31% decrease year-over-year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:48 am

JMIA

Jumia Technologies reported Q1 sales of $46.27 million, missing the analyst consensus estimate of $50.50 million by 8.37% and marking a 2.78% decrease compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:47 am

USFD

US Foods announced a secondary public offering of 17.4 million shares of common stock and a concurrent $150 million share repurchase. The offering is by KKR Fresh Holdings L.P., and US Foods will not receive any proceeds from the sale.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:41 am

PARA

Paramount Global plans to merge its Paramount+ streaming service with the Showtime app on June 27, increasing the price to $11.99. The standalone Showtime app will be sunset, and the premium Showtime cable-TV network will be rebranded by end-2023. The company aims to reduce content spending and leverage profit.

Portfolio Pulse from Lekha Gupta

May 23, 2023 | 10:37 am

IART

Integra Lifesciences has initiated a voluntary global recall of all products made in its Boston facility between March 1, 2018, and May 22. The company expects an impairment charge related to the write-off of inventories, net, of approximately $22 million.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2023 | 10:36 am