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BOWL

Bowlero (NYSE:BOWL) reported Q3 sales of $337.670 million, missing the analyst consensus estimate of $341.414 million by 1.10%. This represents a 6.95% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:39 am

EYPT

EyePoint Pharmaceuticals' shares dropped following the announcement that its Phase 2 PAVIA trial of DURAVYU failed to meet its primary endpoint.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:39 am

DKNG

BTIG analyst Clark Lampen maintains a Buy rating on DraftKings (NASDAQ:DKNG) and raises the price target from $53 to $55.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:39 am

PSTV

Plus Therapeutics shares are trading higher following the announcement of a private placement financing deal worth up to $18 million.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:36 am

ANVS

Annovis Bio, Inc. (ANVS) CEO Maria Maccecchini addressed stockholders following mixed results from a Phase II/III Alzheimer's study, outlining plans for an improved Phase III trial. The company aims to refine patient selection based on plasma AD biomarkers and focus on early and mild Alzheimer's patients, who showed the most improvement in previous studies. Despite the setback, Annovis remains committed to developing treatments for neurodegenerative diseases.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:35 am

SGE

Strong Global Entertainment (SGE) shares surged following FG Acquisition Corp.'s announcement of its intent to acquire Strong/MDI Screen Systems and initiate Saltire Holdings. This strategic move is expected to bolster SGE's market position and expand its product offerings.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:35 am

AMR

Alpha Metallurgical reported Q1 2024 earnings of $9.59 per share, missing the $10.82 estimate, but sales of $864.072M exceeded the $845.350M forecast. This represents a 5.18% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:33 am

AGM

Federal Agricultural (NYSE:AGM) reported Q1 2024 earnings of $3.96 per share, missing the consensus estimate of $4.06, and sales of $89.103M, below the $92.255M estimate. This represents a 7.49% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 11:33 am

AON

FLYW

GPN

The article highlights the top 3 financial stocks considered oversold and poised for growth this quarter, based on their RSI values. Global Payments Inc. (GPN) reported higher-than-expected earnings and anticipates revenue growth. Aon plc (AON) experienced a slight decline after reporting strong Q1 results but missed expectations. Flywire Corporation (FLYW) is anticipated to announce its Q1 2024 results soon, with its stock having fallen recently.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 11:32 am

ADCT

AKO

BNTX

LAZR

MPW

MTC

OCUL

VSCO

BioNTech SE reported disappointing first-quarter earnings, leading to a 4.4% drop in pre-market trading. Other stocks also moved lower, including Medical Properties Trust after a tenant's bankruptcy filing, and Victoria's Secret following a downgrade by Morgan Stanley. Companies like Embotelladora Andina, Luminar Technologies, MMTec, Ocular Therapeutix, and ADC Therapeutics also saw pre-market declines due to various factors.

Portfolio Pulse from Avi Kapoor

May 06, 2024 | 11:32 am