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SKIL

Skillsoft's shares dropped following the announcement of mixed Q4 financial results and a FY25 revenue forecast that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:47 pm

JNJ

Johnson & Johnson (NYSE:JNJ) is set to report Q1 earnings on April 16 with expectations of $2.64 EPS and $21.4 billion in revenues. The stock has declined approximately 9.54% over the past year and 5.88% YTD, amid concerns over patent cliffs and competition. However, J&J is making strategic acquisitions to strengthen its cardiac and MedTech segments. Technical analysis shows a bearish trend, with the stock below key moving averages and indicators suggesting bearish sentiment but also noting it as oversold. Analyst consensus rates J&J as Neutral with a price target of $171.95, while Cantor Fitzgerald and RBC Capital project a potential 37.15% upside to $203.67.

Portfolio Pulse from Surbhi Jain

April 15, 2024 | 8:47 pm

RVYL

Ryvyl shares are trading lower following the announcement of a proposed underwritten public offering.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:46 pm

MCBC

WFTC

Macatawa Bank Corporation (NASDAQ:MCBC) shares surged after-hours following the announcement of a definitive merger agreement with Wintrust Financial Corporation (NASDAQ:WFTC), where Wintrust will acquire Macatawa in an all-stock transaction valued at approximately $510.3 million, or $14.85 per share. The merger, expected to close in the second half of 2024, aims to combine the community banking strengths of both companies, with plans to retain the Macatawa Bank name and its key components in West Michigan.

Portfolio Pulse from Erica Kollmann

April 15, 2024 | 8:40 pm

NVOS

Novo Integrated Sciences (NASDAQ:NVOS) reported a significant improvement in its Q2 earnings, with a loss per share narrowing to $(0.16) from $(0.59) YoY. Sales also increased to $3.17M from $2.56M YoY, marking a 24.00% growth.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:33 pm

IYR

SCHH

VNQ

XLRE

According to Realtor.com, April 14-20 is the optimal time for selling homes, offering a peak week for sellers to maximize ROI, with listings getting 22.8% more views, homes selling 17% faster, and prices being 1.1% higher than the yearly average. The national median listing price could be $7,400 above the average week and $34,000 more than at the start of the year. ATTOM data suggests that May and June also offer high seller premiums. The Federal National Mortgage Association (Fannie Mae) reports improving consumer perceptions of homebuying and selling, with the Home Purchase Sentiment Index up 10.6 points year over year. Rising home prices may boost the value of real estate assets in ETFs like VNQ, SCHH, XLRE, and IYR.

Portfolio Pulse from Anthony Noto

April 15, 2024 | 8:32 pm

AENT

BGFV

CLEU

CRCT

DBGI

GNLN

JXJT

KAVL

KXIN

NEGG

REAL

SECO

In Monday's after-market session, 12 consumer discretionary stocks showed notable movements. Alliance Entertainment, JX Luxventure, Secoo Holding, Kaixin Holdings, RealReal, and Newegg Commerce were among the gainers, with increases ranging from 3.04% to 7.2%. Conversely, Kaival Brands Innovations, Digital Brands Group, China Liberal Education, Greenlane Holdings, Big 5 Sporting Goods, and Cricut experienced declines between 2.8% and 10.3%. Digital Brands Group's drop was highlighted alongside its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:31 pm

ABTS

Abits Group has been notified by NASDAQ about not meeting the minimum bid price requirement. The company, listed as ABTS, is now under scrutiny to meet NASDAQ's standards within a given timeframe to avoid delisting. This situation puts pressure on Abits Group to take corrective measures to increase its stock price above the minimum bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 8:31 pm

DYNT

PSTX

In Monday's after-market session, several healthcare stocks showed significant movement. Dynatronics led the gainers with a 70.1% increase, while Poseida Therapeutics experienced the largest drop among the losers, declining by 15.2%. The movements reflect varying market capitalizations and investor reactions to company-specific news or broader market trends.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:31 pm

AMPX

KSCP

MNTS

SKIL

SPPL

TPIC

In Monday's after-market session, several industrials stocks saw significant movements. Notably, Simpple, Amprius Technologies, and Knightscope were among the gainers, with increases of 8.5%, 6.11%, and 5.98% respectively. On the downside, Skillsoft, Momentus, and TPI Composites experienced declines of 13.1%, 5.06%, and 4.89%. These movements reflect varying market valuations and investor reactions to recent company performances and earnings reports.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 8:31 pm