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FLYW

Flywire shares are trading higher following a report suggesting the company is exploring a potential sale.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:39 pm

RARE

Ultragenyx Pharmaceuticals shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY24 revenue guidance above estimates. Additionally, Cantor Fitzgerald and Wedbush raised their respective price targets on the stock.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:36 pm

DJT

Trump Media & Technology Group shares are trading higher following the announcement of the phased rollout of its Truth+ streaming platform.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:36 pm

MULN

Mullen Automotive (NASDAQ:MULN) shares are trading lower on Friday after the company introduced a new lease program for its Mullen ONE EV cargo van. The BizEV program targets well-qualified individuals, small businesses, and fleets, offering a 3-year lease option starting at $475 per month. Despite the new program, MULN shares are down 5.94% to $0.95.

Portfolio Pulse from Nabaparna Bhattacharya

August 02, 2024 | 4:36 pm

APO

Apollo Global Management shares are trading lower following mixed Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:34 pm

PHM

PulteGroup (NYSE:PHM) has significantly outperformed the market over the past 10 years, delivering an average annual return of 21.92%. An initial investment of $100 in PHM stock 10 years ago would be worth $723.47 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 4:32 pm

INSP

Inspire Medical Systems shares are trading higher following FDA approval of its Inspire V therapy system for obstructive sleep apnea.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 4:32 pm

SPSC

SPS Commerce (NASDAQ:SPSC) has significantly outperformed the market over the past decade, delivering an average annual return of 21.91%. A $1000 investment in SPSC 10 years ago would be worth $7,236.56 today. The company's current market capitalization is $7.50 billion.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 4:31 pm

BAC

WFC

Bank of America (BAC) and Wells Fargo (WFC) shares are trading lower due to weaker-than-expected U.S. job data, raising concerns about economic slowdown and potential Federal Reserve rate cuts. This environment could lead to reduced consumer and business borrowing, higher credit risk, and lower profits for banks.

Portfolio Pulse from Henry Khederian

August 02, 2024 | 4:31 pm

RJF

Raymond James Financial (NYSE:RJF) has seen an 11.61% increase in its short percent of float, now at 3.46% of all regular shares available for trading. This is lower than the peer group average of 5.61%. It would take traders 6.0 days to cover their short positions on average.

Portfolio Pulse from Benzinga Insights

August 02, 2024 | 4:30 pm