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LE

Lands' End shares rose following the company's announcement of better-than-expected Q2 financial results and an increased FY24 adjusted EPS forecast.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:48 pm

LLY

Eli Lilly's once-weekly insulin efsitora alfa shows non-inferior blood sugar reduction compared to daily insulins in long-term trials. The QWINT-1 and QWINT-3 trials met their primary endpoints, demonstrating similar efficacy to daily insulin glargine and degludec. Despite positive results, LLY stock is down 2.25%.

Portfolio Pulse from Vandana Singh

September 05, 2024 | 1:47 pm

BBCP

Concrete Pumping shares declined after Baird reduced its price target from $7.5 to $6.5.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:46 pm

GIII

G-III Apparel Group's shares rose following a strong Q2 performance with adjusted EPS surpassing expectations and FY25 guidance exceeding estimates.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:45 pm

SPY

The S&P Global Services PMI for August came in at 55.7, surpassing the estimated 55.2 and the previous month's 55.0. This indicates a stronger-than-expected expansion in the services sector.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:45 pm

PPTA

Perpetua Resources' shares rose following the U.S. Forest Service's completion of the final environmental impact statement and a draft record of decision for the Stibnite gold project.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:43 pm

APLD

EAST

HOTH

QLGN

SGLY

SIFY

U.S. stocks edged higher with the Nasdaq Composite gaining 0.2% as jobless claims fell to 227,000. Eastside Distilling surged 212% on a merger announcement, while Hoth Therapeutics rose 86% on positive treatment data. Applied Digital gained 40% after securing $160 million in financing.

Portfolio Pulse from Avi Kapoor

September 05, 2024 | 1:42 pm

ACB

CGC

CRON

GTBIF

IIPR

MJNA

MSOS

SNDL

TCNNF

TLRY

YOLO

Former President Donald Trump's support for cannabis legalization in Florida has sparked varied reactions in the cannabis stock market. Notable movements include gains for AdvisorShares Pure Cannabis ETF and Trulieve Cannabis, while Canopy Growth and Cronos Group saw declines.

Portfolio Pulse from Nicolás Jose Rodriguez

September 05, 2024 | 1:39 pm

MOV

Movado Group shares declined following a disappointing Q2 EPS report and a reduction in FY25 guidance.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:37 pm

SCVL

Shoe Carnival shares rose following a strong Q2 revenue report, surpassing expectations. The company also increased its FY24 guidance and provided Q3 net sales guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:36 pm