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LGIH

LGI Homes reported closing 505 homes in April 2024 and had 127 active selling communities as of April 30, 2024. This update provides insight into the company's operational performance and growth.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:38 pm

AONC

American Oncology Network (AON) announced CFO Dave Gould will step down on May 17, 2024. David Afshar is appointed as interim CFO starting May 20, 2024. AON is initiating a search for a new CFO. Afshar brings over 25 years of experience in healthcare services, including roles in companies with revenues ranging from $300 million to over $1.8 billion. CEO Todd Schonherz thanked Gould for his contributions, especially in helping AON become a public company, and expressed confidence in the company's strategic plans and growth opportunities.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:37 pm

SPT

Sprout Social's shares plummeted 40% after Q1 financial results missed revenue estimates and the company provided weaker Q2 guidance. Despite beating EPS estimates, Sprout Social's guidance reflects challenges in sales execution and enterprise seasonality. Analysts responded by downgrading the stock and cutting price targets.

Portfolio Pulse from Chris Katje

May 03, 2024 | 9:41 pm

GE

GE Aero (NYSE:GE) has significantly outperformed the market over the past 5 years, with an annualized return of 26.66%, turning a $100 investment into $316.03 today. The company now boasts a market capitalization of $179.60 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 9:30 pm

AGI

Alamos Gold (NYSE:AGI) has delivered an average annual return of 26.88% over the past 5 years, outperforming the market by 14.71%. A $1000 investment in AGI 5 years ago would now be worth $3,385.14, with the company currently valued at a market capitalization of $6.05 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 9:30 pm

MBUU

Four financial analysts have recently shared mixed evaluations of Malibu Boats (NASDAQ:MBUU), with a consensus leaning towards a bullish outlook despite a significant decline in the average price target from $49.25 to $39.75. The company, a leading designer and manufacturer of power boats, has seen a -37.69% decline in revenue growth as of December 31, 2023, but maintains strong profitability metrics such as net margin and ROE. Analysts have adjusted their price targets and ratings in response to the company's performance and market conditions.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 9:02 pm

SMCI

Super Micro Computer (NASDAQ:SMCI) has delivered an exceptional annualized return of 38.49% over the past 15 years, turning a $1000 investment into $130,232.95. With a current market capitalization of $45.93 billion, SMCI's performance highlights the impact of compounded returns on investment growth.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 9:00 pm

CCI

Over the past 20 years, Crown Castle (NYSE:CCI) has produced an average annual return of 10.27%, outperforming the market by 2.27% annually. A $100 investment in CCI 20 years ago would be worth $705.72 today. Crown Castle currently has a market capitalization of $42.32 billion.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 9:00 pm

KRNL

Kernel Group Holdings, Inc. (KRNL) received a notice from Nasdaq on May 2, 2024, for failing to meet the minimum Market Value of Listed Securities (MVLS) of $35 million required for continued listing. The company has until October 29, 2024, to regain compliance with the Market Value Standard. During this period, KRNL's securities will continue to trade on The Nasdaq Capital Market. The company is exploring options to resolve the deficiency and regain compliance, but there is no assurance of success.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:43 pm

QNRX

Quoin Pharmaceuticals has received a written notice from Nasdaq concerning its failure to meet the minimum bid price requirement, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 8:43 pm