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ALK

Alaska Air executive reports a significant shift in demand from domestic travel since 2019, indicating a change in consumer travel preferences.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:57 pm

PANW

Palo Alto Networks shares are trading lower after Redburn Atlantic downgraded the stock from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:57 pm

CRWD

CrowdStrike shares are trading lower after Redburn Atlantic downgraded the stock from Buy to Sell.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:56 pm

ALK

Alaska Air executive announced that domestic industry capacity is expected to increase by about 3% year-over-year in Q3, compared to a 6% increase in Q2. The international vs. domestic traffic mix has not yet normalized.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:56 pm

COMM

CommScope Holding shares are trading higher after the company announced it entered into a definitive agreement to sell its Outdoor Wireless Networks segment and the Distributed Antenna Systems business unit to Amphenol.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:56 pm

ALK

Alaska Air Group (ALK) executives have indicated that they expect increased pressure on unit costs in Q3 compared to Q1 and Q2, as discussed in a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:54 pm

TCBI

Texas Capital Bancshares shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:54 pm

GRAL

GRAIL shares are trading lower following the announcement that the first participant has been enrolled in the REACH/Galleri-Medicare study at Community Health Network. The study aims to assess the real-world clinical impact of Galleri® in addition to currently recommended cancer screenings, with a focus on diverse and underrepresented populations. Costs for study participants will be covered by Medicare.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:52 pm

DIS

PENN

PENN Entertainment (NASDAQ:PENN) shares are trading marginally lower after announcing layoffs of approximately 100 employees to focus on expanding ESPNBet. The layoffs aim to improve operational efficiencies following the acquisition of theScore in 2021. PENN is entering a new growth phase with a $2 billion branding partnership with Walt Disney Company's (NYSE:DIS) ESPN.

Portfolio Pulse from Nabaparna Bhattacharya

July 18, 2024 | 3:51 pm

ALK

Alaska Air Group (ALK) announced that it is planning for nearly flat capacity in August and September compared to the same period last year, as stated in a recent conference call.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 3:50 pm