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Stock Prices

RBT

Rubicon announced the sale of its fleet technology business unit and issued convertible preferred stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:11 pm

FTNT

On CNBC, Stephanie Link announced she has increased her investment in Fortinet (FTNT), signaling her bullish stance on the company.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:06 pm

ALLR

Allarity Therapeutics' stock price is trading lower following the announcement that all Series A Preferred shares and all variable priced warrants have been converted to common stock.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:06 pm

CRWD

Bill Baruch announced live on CNBC that he has purchased shares of CrowdStrike (CRWD).

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:06 pm

HAS

MAT

On CNBC, Mattel's CEO Ynon Kreiz discussed the toy industry, revealing that Q1 net sales decreased by 1% while maintaining a strong gross margin. Meanwhile, Hasbro presented a compelling turnaround story in Q1, despite facing demand struggles.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:01 pm

ANF

Over the past 10 years, Abercrombie & Fitch (NYSE:ANF) has produced an average annual return of 12.94%, outperforming the market by 2.39% on an annualized basis. With a current market capitalization of $6.64 billion, a $1000 investment in ANF 10 years ago would be worth $3,404.64 today.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 4:01 pm

AGRI

GLDD

GSUN

JELD

NUWE

STIM

UBS

UBS Group AG (NYSE:UBS) shares surged 7% after reporting strong Q1 earnings, surpassing estimates with GAAP earnings of 52 cents per share and sales of $12.739 billion. U.S. stocks, including the Dow Jones, NASDAQ, and S&P 500, traded higher. Real estate and technology sectors showed mixed performance. Other notable movements included Nuwellis, Inc. (NASDAQ:NUWE), Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD), and Golden Sun Health Technology Group Limited (NASDAQ:GSUN) posting significant gains, while AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI), JELD-WEN Holding, Inc. (NYSE:JELD), and Neuronetics, Inc. (NASDAQ:STIM) experienced declines.

Portfolio Pulse from Avi Kapoor

May 07, 2024 | 4:01 pm

CVE

Cenovus Energy (NYSE:CVE) has delivered an average annual return of 18.61% over the past 5 years, outperforming the market by 5.59% on an annualized basis. With a current market capitalization of $38.32 billion, an investment of $100 in CVE stock 5 years ago would be worth $227.02 today.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 4:00 pm

DSGN

Design Therapeutics shares surged following an upgrade by Piper Sandler from Neutral to Overweight, with a price target increase from $6 to $12.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 4:00 pm

CCI

Crown Castle (NYSE:CCI) has been evaluated by 9 analysts over the last three months, showing a mix of opinions. The average 12-month price target is now $109.00, down 4.39% from the previous $114.00. Analyst actions include both downgrades and upgrades, reflecting varied perspectives on the company's performance and market conditions. Crown Castle, a major player in the U.S. cell tower and fiber sectors, faces challenges in revenue growth and profitability, with a recent revenue decline of -7.45% and a net margin below industry averages.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 4:00 pm