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CCJ

Cameco shares are trading lower after the company reported worse-than-expected Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 6:00 pm

TDOC

Teladoc Health, Inc. (NYSE:TDOC) shares are trading lower after the company reported a second-quarter revenue miss and withdrew its full-year financial outlook. The stock hit a new 52-week low, with revenue down 2% year-over-year. The Integrated Care segment saw a 5% increase, but the BetterHealth segment fell 9%. Oppenheimer maintained an Outperform rating but lowered the price target from $21 to $17. The stock is down 7.95% at $8.68.

Portfolio Pulse from Erica Kollmann

August 01, 2024 | 5:50 pm

JUSHF

Jushi Holdings Inc. refinanced its $53 million loan with a new $48.5 million senior secured term loan and $7.4 million in cash, reducing its short-term debt to less than $1 million. The new loan has a 12.25% interest rate and includes five-year warrants for investors. Jushi will report its Q2 2024 financial results on August 7, 2024.

Portfolio Pulse from Nina Zdinjak

August 01, 2024 | 5:48 pm

GOOS

Canada Goose Holdings Inc. (NYSE:GOOS) reported its fiscal earnings for the first quarter of 2025, showing mixed results. The company beat sales estimates but missed earnings per share expectations. Despite a decrease in gross profit and inventory, the company maintained its guidance for fiscal year 2025. The stock is trading 3.98% lower.

Portfolio Pulse from Dylan Berman

August 01, 2024 | 5:48 pm

GOOS

Canada Goose shares are trading lower following mixed Q1 results.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:48 pm

MTCH

Match Group, Inc. (NASDAQ:MTCH) reported better-than-expected Q2 revenue and issued strong Q3 guidance. Despite this, shares fell 4.7%. Analysts have raised their price targets, with some maintaining Hold ratings and others giving Buy ratings.

Portfolio Pulse from Avi Kapoor

August 01, 2024 | 5:46 pm

BA

ITA

MISL

Boeing's stock is trading lower following a Q2 earnings miss, but analysts have raised price targets due to the appointment of a new CEO and anticipated delivery growth. Despite a revenue decline and adjusted loss per share missing consensus, analysts see potential for a turnaround with increased production and delivery rates. Boeing's stock has lost around 25% in the last 12 months.

Portfolio Pulse from Lekha Gupta

August 01, 2024 | 5:45 pm

AGIO

Agios Pharmaceuticals' (NASDAQ: AGIO) stock dropped 4.87% after its Phase 3 ACTIVATE-KidsT study of mitapivat in children with PK deficiency failed to meet the primary endpoint. Despite some positive secondary outcomes, the study's results were not sufficient to meet the prespecified statistical criterion. The company also reported lower-than-expected sales and earnings for Pyrukynd.

Portfolio Pulse from Vandana Singh

August 01, 2024 | 5:42 pm

ENVX

Enovix Corp (NASDAQ:ENVX) shares are trading lower despite beating analyst estimates on revenue and earnings. The company reported revenue of $3.768 million and a loss of 14 cents per share, both better than expected. Enovix announced new collaboration agreements, including one with a Fortune 200 company for IoT batteries and an MOU with a global automotive OEM for EV batteries. Despite initial gains, the stock fell 15.7% to $12.16.

Portfolio Pulse from Adam Eckert

August 01, 2024 | 5:37 pm

IRM

Iron Mountain shares are trading higher after the company reported better-than-expected Q2 financial results and issued FY24 AFFO guidance above estimates. Additionally, the company increased its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 5:36 pm