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KITT

Trading for KITT was halted and then resumed at 8:55:00 AM ET. The halt was due to pending news, and trading resumed after the news was released.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:55 pm

PNR

Pentair shares are trading higher after the company reported better-than-expected Q2 financial results and revised its FY24 adjusted EPS guidance above estimates.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:52 pm

ADIL

Adial Pharmaceuticals shares are trading higher after the company announced it advanced into the second cohort and commenced dosing for the Pharmacokinetics Study of AD04 for alcohol use disorder.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:50 pm

UPS

UPS CEO announced that the company's growth rate will not meet the initial projections made at the beginning of the year.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:46 pm

UPS

UPS announced it will restart share repurchases, including a $500 million buyback in 2024. This move is likely to positively impact the stock price in the short term as it signals confidence in the company's financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:46 pm

GPC

Genuine Parts shares are trading lower after the company reported worse-than-expected Q2 financial results and cut its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:46 pm

KO

Coca-Cola's CEO has indicated that consumer demand in China remains subdued and the external backdrop is uncertain with signs of pressure in developed markets.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:45 pm

PII

Polaris Inc. (NYSE:PII) shares fell after the company reported disappointing Q2 earnings and cut its guidance. The company missed analyst expectations for both earnings per share and sales, and lowered its full-year outlook due to inventory reduction efforts and ongoing industry challenges.

Portfolio Pulse from Nabaparna Bhattacharya

July 23, 2024 | 12:43 pm

RIVN

TSLA

Rivian CEO RJ Scaringe attributes the slowdown in EV sales to a lack of choices under $50,000, as many automakers replicate Tesla's Model Y design. Rivian plans to introduce a cheaper R2 SUV to compete in this price range by 2026.

Portfolio Pulse from Anan Ashraf

July 23, 2024 | 12:39 pm

AIMD

Ainos, Inc. (NASDAQ:AIMD) has enrolled the first subject for its clinical study of a VELDONA-based drug aimed at treating feline chronic gingivostomatitis (FCGS). The dosing of the first subject is expected on July 26, 2024. The study aims to enroll 30 subjects by the end of 2024, with the trial report expected in Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 12:38 pm