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Stock Prices

EES

ZIG

Axos Financial, Inc. (NYSE:AX) has responded to Hindenburg Research's short report, which accused the company of misleading and false allegations regarding its credit performance and loan practices. Axos defended its position by highlighting its robust collateral protection and low loan-to-value ratios. The Acquirers Fund (NYSE:ZIG) and WisdomTree U.S. SmallCap Fund (NYSE:EES) provide exposure to Axos stock.

Portfolio Pulse from Lekha Gupta

June 05, 2024 | 4:44 pm

FIXT

MYLD

REVG

REV Group, Inc. (NYSE:REVG) shares surged after reporting better-than-expected Q2 FY24 results, with net sales of $616.9 million beating estimates. Despite a decline in the Recreational Vehicles segment, the Specialty Vehicles segment saw growth. Adjusted EPS of $0.39 exceeded expectations. The company also declared a quarterly dividend and lowered its FY24 outlook.

Portfolio Pulse from Lekha Gupta

June 05, 2024 | 4:42 pm

META

VOX

XLC

Meta Platforms Inc (NASDAQ:META) is facing allegations from the FTC for withholding information during its acquisitions of Instagram and WhatsApp. The FTC is pushing to dismantle Meta through an ongoing lawsuit, claiming that Meta did not provide crucial pre-acquisition documents. Meta argues that its investments in Instagram and WhatsApp have benefited consumers. Meta's stock has gained over 99% in the last 12 months, and investors can gain exposure through ETFs like Vanguard Communication Services ETF (NYSE:VOX) and Communication Services Select Sector SPDR Fund (NYSE:XLC).

Portfolio Pulse from Shivani Kumaresan

June 05, 2024 | 4:41 pm

INTC

IYW

NVDA

SMH

TSLA

TSM

Nvidia Corp (NASDAQ:NVDA) plans to increase investments in Taiwan, emphasizing its partnership with Taiwan Semiconductor Manufacturing Co (NYSE:TSM). Nvidia is also considering Intel Corp (NASDAQ:INTC) for contract chipmaking services. Nvidia stock is trading higher, and investors can gain exposure via VanEck Semiconductor ETF (NASDAQ:SMH) and iShares U.S. Technology ETF (NYSE:IYW).

Portfolio Pulse from Anusuya Lahiri

June 05, 2024 | 4:36 pm

DJT

RUM

Former President Donald Trump is set to speak at a private meeting with CEOs, just weeks after his conviction. This event could have implications for companies and platforms associated with Trump.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 4:33 pm

BNED

CLEU

GDHG

GME

JDZG

JWEL

MSC

NVFY

SFIX

SPWH

THCH

The article highlights the intraday movements of several consumer discretionary stocks on Wednesday. Notable gainers include Jowell Global (NASDAQ:JWEL), China Liberal Education (NASDAQ:CLEU), Stitch Fix (NASDAQ:SFIX), Nova Lifestyle (NASDAQ:NVFY), Studio City Intl Hldgs (NYSE:MSC), and GameStop (NYSE:GME). Significant losers include Barnes & Noble Education (NYSE:BNED), Jianzhi Education Tech (NASDAQ:JZ), Jiade (NASDAQ:JDZG), TH International (NASDAQ:THCH), Sportsman's Warehouse (NASDAQ:SPWH), and Golden Heaven Group Hldgs (NASDAQ:GDHG).

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:31 pm

BGXX

CCM

CSBR

CVRX

FBLG

GHRS

HLTH

MAIA

NDRA

RZLT

SILO

The article highlights significant intraday movements in health care stocks on Wednesday. Notable gainers include ENDRA Life Sciences (NDRA), Rezolute (RZLT), Bright Green (BGXX), Champions Oncology (CSBR), Kineta (KA), and CVRx (CVRX). On the losing side, SILO Pharma (SILO), Concord Medical Services (CCM), FibroBiologics (FBLG), Cue Health (HLTH), GH Research (GHRS), and MAIA Biotechnology (MAIA) experienced notable declines.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:31 pm

AIRJ

DDD

KITT

NVVE

PEGY

VSTE

The article highlights the intraday movements of various industrial stocks on Wednesday. Notable gainers include Nuvve Holding (NVVE), Nauticus Robotics (KITT), and 3D Sys (DDD), while significant losers include Montana Technologies (AIRJ), Pineapple Energy (PEGY), and Vast Renewables (VSTE).

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:31 pm

ASNS

CAMP

MLGO

NISN

SOBR

VRNT

The article highlights the intraday movements of 12 information technology stocks on Wednesday. Actelis Networks (ASNS) saw a significant increase of 646.8%, while MicroAlgo (MLGO) experienced a sharp decline of 41.3%. Other notable gainers include CalAmp (CAMP) and Verint Systems (VRNT), while Sobr Safe (SOBR) and NiSun Intl Enterprise Dev (NISN) were among the major losers.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:30 pm

IEX

IDEX (NYSE:IEX) has outperformed the market over the past 15 years with an average annual return of 15.04%, surpassing the market by 2.86% annually. A $100 investment in IEX 15 years ago would be worth $813.88 today. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:30 pm