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Stock Prices

THO

Thor Industries (NYSE:THO) is set to release its Q4 earnings on Sept. 24, with expected earnings of $4.83 per share and revenue of $21.99 billion. The company offers a 1.84% annual dividend yield, translating to $0.48 per share quarterly. Investors need significant investment to earn $500 monthly from dividends.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 12:25 pm

AMAL

CFR

FCNCA

HBAN

LOB

MCB

MTB

PNFP

WAL

The Federal Reserve's 50 basis point rate cut is expected to benefit mid- and small-cap banks by improving net interest margins and loan demand. JPMorgan analyst Steven Alexopoulos highlights several banks poised for growth, including First Citizens BancShares, Huntington Bancshares, M&T Bank, Western Alliance, Pinnacle Financial Partners, Cullen/Frost Bankers, Live Oak Bank, Metropolitan Bank, and Amalgamated Bank.

Portfolio Pulse from Surbhi Jain

September 19, 2024 | 12:24 pm

AHR

APLT

EGO

HTZ

PGNY

SCS

TIL

VEEA

Steelcase Inc. reported weaker-than-expected Q2 revenue, causing its shares to drop 8.9% in pre-market trading. Other stocks like Progyny, Veea, Eldorado Gold, Instil Bio, American Healthcare REIT, Applied Therapeutics, and Hertz Global Holdings also saw declines in pre-market trading.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 12:24 pm

CRMT

America's Car-Mart shares declined following the announcement of a proposed $65 million public offering.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:22 pm

ETHA

ETHE

GBTC

Bitcoin and Ethereum ETFs experienced over $50 million in net outflows despite the Federal Reserve's 50 basis point rate cut. Grayscale's Bitcoin and Ethereum ETFs saw significant outflows, while BlackRock's Ethereum ETF had a net inflow. The Fed's decision led to increased optimism in the markets, with Bitcoin and Ethereum prices rising.

Portfolio Pulse from Murtuza Merchant

September 19, 2024 | 12:20 pm

EWTX

Edgewise Therapeutics shares rose following the announcement of positive top-line data from their EDG-7500 trials, including a Phase 1 trial in healthy subjects and a Phase 2 trial in patients with obstructive HCM.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:20 pm

OTRK

Ontrak, Inc. has announced a 1-for-15 reverse stock split effective September 23, 2024. This corporate action is aimed at increasing the per-share trading price of its common stock.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:13 pm

VST

Vistra's shares are rising following the announcement of its acquisition of a 15% equity interest in Vistra Vision from Nuveen Asset Management and Avenue Capital Management II.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:12 pm

BLDR

Builders FirstSource shares rose following the appointment of Peter Jackson as President and CEO, and Pete Beckmann as CFO.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:10 pm

MBLY

Mobileye shares rose following Intel's announcement that it does not plan to divest a majority interest in the company.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 12:09 pm