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Stock Prices

WENA

Anew Medical has announced its intention to pursue a neurological approach to treating weight loss and eating disorders through the use of melanocortin receptor binding peptides.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 9:13 am

AVD

DOCS

ITI

Doximity, Inc. (NYSE:DOCS) shares surged over 28% in pre-market trading after reporting better-than-expected Q1 financial results and issuing strong FY24 revenue guidance. Other notable pre-market movers include Iteris, Inc. (NASDAQ:ITI) up 61.7% due to an acquisition, and American Vanguard Corporation (NYSE:AVD) down 30.8% after disappointing Q2 results.

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 9:04 am

TOUR

Tuniu Corporation (NASDAQ:TOUR) has received a delisting warning from Nasdaq due to its stock price being below $1 for 31 consecutive business days. The company has until February 3, 2025, to regain compliance by maintaining a closing bid price of $1 or higher for ten consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 9:03 am

AMCX

AXL

LLY

SATS

SPY

USFD

The S&P 500 recorded its best session since January 2023, driven by improved investor sentiment despite the CNN Money Fear and Greed index remaining in the 'Extreme Fear' zone. Key economic data showed a decline in U.S. initial jobless claims and a slight increase in wholesale inventories. US Foods Holding Corp. and Eli Lilly And Co reported better-than-expected financial results. All sectors on the S&P 500 closed positively, with notable gains in communication services, industrials, and information technology. Investors are awaiting earnings results from EchoStar Corporation, American Axle & Manufacturing Holdings, Inc., and AMC Networks Inc.

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 8:16 am

AMCX

AXL

DOCS

SATS

TTWO

U.S. stock futures are trading higher this morning. Key stocks to watch include EchoStar (SATS), Take-Two Interactive (TTWO), American Axle & Manufacturing (AXL), Doximity (DOCS), and AMC Networks (AMCX). EchoStar is expected to report a quarterly loss, while Take-Two reported positive fiscal first-quarter results. American Axle and AMC Networks are set to release earnings, and Doximity reported better-than-expected financial results.

Portfolio Pulse from Avi Kapoor

August 09, 2024 | 7:43 am

FARO

FARO Technologies has provided its outlook for the third quarter of 2024, expecting revenue between $76M and $84M, compared to the consensus of $83.609M. The company also anticipates an adjusted EPS range of $(0.01) to $0.19, versus the consensus of $(0.02).

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 7:31 am

TSLA

Tesla has launched its Cybertruck in Canada, inviting reservation holders to configure their orders. The foundation series starts at C$137,990 ($100,573) and deliveries are expected in October or November. Tesla has also started inviting reservation holders in Mexico to configure their orders.

Portfolio Pulse from Anan Ashraf

August 09, 2024 | 6:59 am

ADAUSD

BTCUSD

DOGEUSD

ETHUSD

SOLUSD

Glauber Contessoto, known as SlumDOGE Millionaire, reiterated his support for Cardano (ADA) despite its poor performance this year. ADA has dropped 41% year-to-date, while other large-cap cryptocurrencies like Bitcoin, Ethereum, and Solana have seen gains. Contessoto remains optimistic, holding nearly 100,000 ADA tokens.

Portfolio Pulse from Aniket Verma

August 09, 2024 | 6:48 am

VACH

Voyager Acquisition has priced its initial public offering (IPO) at $220 million, offering 22 million units at $10 per unit. Each unit includes one Class A ordinary share and one-half of one redeemable warrant.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 6:46 am

ITI

Iteris, Inc. (NASDAQ:ITI) will be acquired by Almaviva S.p.A. for $335 million. Iteris shareholders will receive $7.20 per share in cash, representing a 68% premium.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 6:18 am