Streetbeat News

Stock Prices

WKHS

Workhorse Group reported a Q2 EPS of $(1.40), missing the $(1.23) estimate, and sales of $842.44K, missing the $8.43M estimate. This reflects a significant decline in both earnings and sales compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:10 pm

VMAR

Vision Marine Technologies has approved a 15-for-1 reverse stock split and a warrant exchange. This corporate action is aimed at consolidating shares and potentially increasing the stock price.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:10 pm

CMG

Stephanie Link from Hightower Advisors sees Chipotle as a buying opportunity despite a 20% stock drop. She highlights improved valuation metrics, strong customer loyalty, and digital innovation as key strengths. Despite the departure of CEO Brian Niccol, Link remains confident in Chipotle's long-term prospects.

Portfolio Pulse from Surbhi Jain

August 20, 2024 | 1:07 pm

AMD

AMD announced a $4.9 billion acquisition of ZT Systems to enhance its AI and data center market presence. The deal, expected to close in 2025, will bring in 1,000 engineers to boost AMD's competitive edge. The market reacted positively, with AMD shares rising 4.5%.

Portfolio Pulse from Piero Cingari

August 20, 2024 | 1:07 pm

GT

Goodyear has launched the Assurance WeatherReady 2 tire, which sets a new standard for all-season tires with superior performance in wet and dry conditions. This product introduction could enhance Goodyear's market position.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:06 pm

FWRD

Ancora has issued a letter to Forward Air's Board of Directors urging a strategic review due to acquirer interest. Ancora believes a sale could offer significant premiums and address the company's underperformance and balance sheet issues.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:05 pm

MDT

Medtronic reported Q1 2025 earnings with revenue and EPS beating expectations. The company raised its annual guidance slightly, driven by growth in new product launches. Key segments like Cardiac Ablation Solutions and Neuromodulation showed strong performance.

Portfolio Pulse from Vandana Singh

August 20, 2024 | 1:05 pm

SOL

Emeren Group reported Q2 earnings per share of $0.01, missing the analyst estimate of $0.07. However, sales were in line with expectations at $30.06 million, marking a significant 133.43% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:02 pm

WKHS

Workhorse Group reported Q2 sales of $800K, with a net loss of $26.3M. As of June 30, the company had $5.3M in cash and cash equivalents.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:02 pm

APD

Analysts have mixed views on Air Products & Chemicals (NYSE:APD) with recent evaluations showing a rise in average 12-month price targets to $297.75. Despite a slight revenue decline, the company maintains strong profitability and financial performance. Analysts have adjusted their ratings and price targets, reflecting their evolving expectations.

Portfolio Pulse from Benzinga Insights

August 20, 2024 | 1:00 pm