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VINO

Shares of Gaucho Group were halted due to a circuit breaker trigger after the stock surged 38.4%. The halt is a regulatory measure to prevent excessive volatility in the market.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:29 pm

GSUN

Golden Sun Health Technology Group's shares are trading higher after the company announced it regained compliance with the Nasdaq continued listing requirement.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:28 pm

AORT

Artivion's stock price increased following the announcement of better-than-expected Q1 earnings and an upward revision of its FY24 guidance's lower end.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:28 pm

EXPD

Expeditors International Of Washington, Inc. (EXPD) reported a 15% year-over-year decline in Q1 fiscal 2024 revenue to $2.206 billion, missing consensus estimates. Despite a volume increase in airfreight and ocean container, EPS fell 19% to $1.17, albeit beating consensus. Operating income dropped 22%, with a margin decrease to 9.7%. The company repurchased 3 million shares, returning $361 million to shareholders. Challenges in ocean market predictability and air cargo rates were noted, alongside a focus on cost management including a 7% headcount reduction.

Portfolio Pulse from Akanksha Bakshi

May 07, 2024 | 3:26 pm

AXON

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

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:23 pm

FWRG

First Watch Restaurant shares are trading lower after the company revised its FY24 outlook downwards.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:23 pm

ARGT

BAR

BMA

GGAL

Elon Musk's endorsement of Argentine stocks on social media platform X has significantly boosted investor confidence in Argentine assets, particularly after President Javier Milei's election victory. The Global X MSCI Argentine ETF (ARGT) saw a 1% increase, marking its eighth gain in nine sessions and a 54% rally since Milei's victory. Argentine dollar-denominated bonds and shares in major Argentine banks like Banco Macro S.A. (BMA), Grupo Financiero Galicia S.A. (GGAL), and Banco BBVA Argentina S.A. (BAR) have also seen substantial gains. Additionally, Argentina's central bank cut the benchmark interest rate to 50% amid slowing inflation, and the IMF praised Argentina's economic stabilization efforts.

Portfolio Pulse from Piero Cingari

May 07, 2024 | 3:22 pm

TALK

Talkspace shares are trading lower after the company reported its Q1 earnings, indicating a negative market reaction to the financial results.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:21 pm

TVTX

Travere Therapeutics shares are trading higher following the release of their Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:20 pm

REAX

Real Brokerage shares are trading lower due to mixed Q1 financial results, indicating a potential short-term negative impact on its stock price.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 3:16 pm