Streetbeat News

Stock Prices

AAPL

AEON

OMI

SGBX

SPT

TNDM

UPLD

Nasdaq surged 2% with Apple posting upbeat Q2 results, announcing a $110-billion stock buyback and a dividend increase. Information technology shares led gains, while energy shares fell. Safe & Green Holdings, Upland Software, and Tandem Diabetes Care saw significant stock increases after positive financial results. Conversely, AEON Biopharma, Sprout Social, and Owens & Minor experienced substantial declines following disappointing outcomes.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 4:49 pm

XPEL

Craig-Hallum analyst Steve Dyer downgraded XPEL (NASDAQ:XPEL) from Buy to Hold and reduced the price target from $60 to $40.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:48 pm

ADNT

RFV

Adient Plc (NYSE:ADNT) shares fell after reporting Q2 earnings with EPS beating expectations but sales missing forecasts and declining year over year. The company also lowered its FY24 sales and adjusted EBITDA outlook due to challenges including slow launch ramps and softer electric vehicle production. Adient announced restructuring charges aimed at reducing operating costs, with full benefits expected by 2027.

Portfolio Pulse from Nabaparna Bhattacharya

May 03, 2024 | 4:47 pm

VRRM

Verra Mobility's shares surged following the announcement of their Q1 financial results, which exceeded expectations. Additionally, the company provided guidance for FY24, further boosting investor confidence.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:44 pm

ITRI

Itron shares are trading higher following the increase in price targets by multiple firms.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:42 pm

ATMU

Atmus Filtration Technologies shares are trading lower following the release of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:42 pm

ADNT

Adient's stock price declined following the announcement of its Q2 financial results and a reduction in its FY24 revenue forecast.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:40 pm

CIVI

Civitas Resources shares surged following the announcement of Q1 sales results that exceeded expectations, alongside a reiteration of their FY23 sales volume guidance.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:38 pm

NSIT

Insight Enterprises shares surged following the announcement of exceeding Q1 financial expectations and an upward revision of its FY24 adjusted EPS forecast.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:36 pm

TNC

Tennant shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:32 pm