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NRDY

Nerdy shares are trading lower after the company issued weak guidance. Multiple analysts downgraded the stock following the report.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:09 pm

AVD

American Vanguard shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:08 pm

AIRS

AirSculpt Technologies shares are trading lower after the company lowered its FY24 outlook.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:08 pm

HAIL

LI

NIO

XPEV

XPeng Inc. (NYSE:XPEV) has revamped its organizational structure to focus more on AI technology, similar to competitors NIO Inc. (NYSE:NIO) and Li Auto Inc. (NASDAQ:LI). The restructuring aims to enhance XPeng's smart driving technology by dividing its technology development division into three new divisions: AI end-to-end, AI applications, and AI efficiency. This strategic shift has led to a slight increase in XPeng's stock price. Investors can also gain exposure to XPeng through the SPDR S&P Kensho Smart Mobility ETF (NYSE:HAIL).

Portfolio Pulse from Nabaparna Bhattacharya

August 09, 2024 | 1:07 pm

NKLA

Nikola (NASDAQ:NKLA) reported Q2 2024 adjusted EPS of $(2.67), beating the estimate of $(2.78). Sales were $31.319M, surpassing the $24.671M estimate and showing a 103.87% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:07 pm

ANTX

AN2 Therapeutics shares are trading lower after the company announced the discontinuation of its EBO-301 study following topline results from its Phase 2 part of the study in treatment-refractory patients with MAC lung disease.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:06 pm

VINC

Vincerx Pharma shares are trading higher following the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:05 pm

STRT

Strattec Security shares are trading higher after the company reported better-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:04 pm

GOLF

FILA Holdings is set to sell 1.1 million shares of Acushnet Holdings Corp. (GOLF) at a 6% discount in a block trade.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:03 pm

MNPR

Monopar Therapeutics shares are trading lower after the company reported worse-than-expected Q2 EPS results and announced a 1-for-5 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:03 pm