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TGTX

TG Therapeutics Inc's shares have dropped over 40% after reporting Q2 FY23 Briumvi net sales of $16 million in the U.S., missing the consensus of $17.45 million. The company also reported a Q2 EPS loss of $(0.34), up from $(0.30) a year ago, missing the consensus of $(0.25). Concurrently, the company announced an agreement with Neuraxpharm for the ex-U.S. commercialization of Briumvi in RMS, which strengthens the balance sheet with a pro-forma cash balance of approximately $285 million.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 9:46 am

UAL

United Airlines Holdings Inc (NASDAQ:UAL) shares are trading lower by 2.89% to $52.74. This is in sympathy with JetBlue, which fell after issuing weak guidance. JetBlue's Q2 FY23 results showed a 6.7% YoY growth in operating revenue, reaching $2.61 billion, and a substantial improvement in operating income. UAL has a 52-week high of $58.23 and a 52-week low of $31.58.

Portfolio Pulse from Henry Khederian

August 04, 2023 | 9:45 am

DAL

Shares of Delta Air Lines, Inc. (NYSE:DAL) are trading lower by 4% in sympathy with JetBlue, which fell after issuing weak guidance. JetBlue's Q2 FY23 results showed a 6.7% YoY growth in operating revenue, reaching $2.61 billion, and a substantial improvement in operating income. DAL has a 52-week high of $49.81 and a 52-week low of $27.20.

Portfolio Pulse from Henry Khederian

August 04, 2023 | 9:45 am

CRNT

Ceragon Networks Ltd (NASDAQ: CRNT) reported a Q2 FY23 revenue increase of 21.9% YoY to $86.2 million, beating the consensus of $78.4 million. The company saw strong bookings in India and North America, and raised its FY23 revenue guidance to $334 million - $348 million. CRNT shares traded higher by 7.43% at $2.17.

Portfolio Pulse from Anusuya Lahiri

August 04, 2023 | 9:45 am

SOFI

SoFi Technologies Inc's Q2 2023 earnings results have received mixed reactions from analysts. Despite reporting a 37% Y/Y adjusted revenue increase to $488.8 million and raising its 2023 adjusted net revenue and EBITDA guidance, the company's shares are trading lower. Keefe, Bruyette & Woods downgraded the stock to Underperform, BTIG reduced the price target to $13, while Truist Securities raised the price target to $16.

Portfolio Pulse from Lekha Gupta

August 04, 2023 | 9:45 am

EQRX

RVMD

Revolution Medicines Inc (RVMD) has agreed to acquire EQRx Inc (EQRX) in an all-stock transaction that will add over $1 billion to RVMD's balance sheet. The deal is expected to close in November 2023. Post-merger, RVMD will focus on its three priority RAS-focused assets and will not advance EQRX's R&D portfolio. EQRX will wind down these programs and return the associated IP to its partners.

Portfolio Pulse from Vandana Singh

August 04, 2023 | 9:45 am

GAIA

Gaia Inc. reported its Q2 financial results, which led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 9:45 am

MSGM

Shares of Motorsport Games (MSGM) were halted on a circuit breaker due to a sharp increase in the stock price. The stock is now up 78.6%.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:45 am

AMD

Advanced Micro Devices (AMD) has seen a sweep of 440 calls for August 18 at $150, near the ask price. The reference price is $116.93. The open interest for this option is 8545.

Portfolio Pulse from Charles Gross

August 04, 2023 | 9:45 am

ADMP

Adamis Pharmaceuticals Corp shares have resumed trading.

Portfolio Pulse from Happy Mohamed

August 04, 2023 | 9:44 am