Streetbeat News

Stock Prices

APOG

Apogee Enterprises shares rose following the release of strong Q2 financial results and an increase in FY25 adjusted EPS guidance.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 11:44 am

APOG

SMDV

Apogee Enterprises, Inc. (NASDAQ:APOG) exceeded Q2 expectations with sales of $342.4 million, surpassing the consensus estimate. Despite a 3.2% revenue dip, the company improved its gross margin and raised its FY25 EPS outlook. Apogee's shares rose 9.601% premarket. Investors can also access the stock via ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV).

Portfolio Pulse from Lekha Gupta

October 04, 2024 | 11:44 am

LFCR

Lifecore Biomedical reported a Q1 EPS loss of $(0.53), missing the $(0.49) estimate, but sales of $24.70M beat the $23.19M estimate. EPS decreased by 29.27% from last year, while sales increased by 0.75%.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 11:37 am

TW

Tradeweb Markets Inc. reported a total trading volume of $56.1 trillion for September 2024, with an average daily volume (ADV) increase of 68.3% year-over-year. The third quarter ADV also rose by 55.3% year-over-year.

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2024 | 11:33 am

TAL

TCOM

Trip.com Group Ltd (NASDAQ:TCOM) and TAL Education Group (NYSE:TAL) are identified as overbought stocks in the consumer discretionary sector, with RSI values above 70. Despite recent gains, both stocks experienced a decline in their share prices.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 11:31 am

JBLU

SAVE

Spirit Airlines' stock plummeted over 40% due to bankruptcy discussions with bondholders. The airline is considering a Chapter 11 filing to manage its $3.3 billion debt. JetBlue's stock rose by 5.16% following the news.

Portfolio Pulse from Benzinga Neuro

October 04, 2024 | 11:25 am

LFCR

Lifecore Biomedical has successfully raised $24.3 million through a private placement of common stock, priced at $4.10 per share. This capital raise could support the company's growth and operational strategies.

Portfolio Pulse from Nabaparna Bhattacharya

October 04, 2024 | 11:23 am

BTI

CAG

FARM

The article highlights three oversold stocks in the consumer staples sector with potential for short-term gains: Farmer Bros Co (FARM), British American Tobacco PLC (BTI), and Conagra Brands Inc (CAG). These stocks have RSI values below 30, indicating they are oversold and may present buying opportunities.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 11:00 am

SPY

USO

U.S. markets closed lower due to concerns over the September payrolls report and rising oil prices amid Middle East tensions. Jobless claims increased slightly, and most S&P 500 sectors saw losses, except for energy and IT. Asian markets were mixed, with Japan's Nikkei rising and Australia's ASX falling. European markets showed modest gains, while oil prices rose due to geopolitical concerns.

Portfolio Pulse from Akanksha Bakshi

October 04, 2024 | 10:57 am

TSLA

Mark Cuban has offered to help Elon Musk boost revenue for X (formerly Twitter) amid challenges like advertiser boycotts and regulatory issues. Cuban admires Musk's achievements but critiques his online behavior. The offer comes as X struggles with content moderation and user engagement.

Portfolio Pulse from Kaustubh Bagalkote

October 04, 2024 | 10:53 am