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UUUU

Shares of uranium stocks are trading lower after uranium producer Kazatomprom increased its 2024 production outlook.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:51 pm

OTEX

Open Text shares are trading lower after the company reported worse-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:50 pm

CNK

Cinemark Holdings shares are trading higher after the company reported better-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:50 pm

ETHUSD

SOLUSD

Ethereum (ETH) is down 8% over the past month, while Solana (SOL) is up 9.5%. Traders are debating the reasons behind this divergence. Ethereum shows signs of a potential bullish trend, while Solana's technical indicators suggest a buying opportunity. Large transaction volumes and daily active addresses for Ethereum have dropped, but transactions over $100,000 have increased. Solana's total value locked has significantly increased since the beginning of the year.

Portfolio Pulse from Khyathi Dalal

August 02, 2024 | 4:50 pm

WSC

WillScot Mobile Mini shares are trading lower after the company reported worse-than-expected Q2 sales results. Oppenheimer maintained an Outperform rating but lowered its price target from $53 to $46.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:49 pm

HUBG

Hub Group shares are trading lower after the company reported worse-than-expected Q2 financial results and issued FY24 revenue guidance below estimates. Susquehanna maintained a Neutral rating on the stock and lowered its price target from $45 to $44.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:48 pm

RYAN

Ryan Specialty Holdings shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue growth guidance.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:46 pm

SPT

Sprout Social shares are trading lower following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:45 pm

COIN

Coinbase Global Inc (NASDAQ: COIN) shares dropped in early trading on Friday following mixed analyst reviews. Piper Sandler, JPMorgan, and JMP Securities provided varied ratings and price targets, highlighting challenges such as margin contraction and lower-than-expected earnings, but also noting strong revenue performance and positive adjusted EBITDA.

Portfolio Pulse from Priya Nigam

August 02, 2024 | 4:44 pm

FYBR

Frontier Communications Parent shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:44 pm