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BAC

Bank Of America shares are trading higher after experiencing a decline on Tuesday due to the announcement of Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:14 pm

MEG

Montrose Environmental's stock trades lower following the announcement of a public share offering.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:10 pm

IZM

ICZOOM shares are trading lower following the announcement of the cancellation of a proposed public offering. This move could indicate potential financial or strategic shifts within the company, affecting investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:09 pm

MSOS

AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (MSOS) experienced a notable increase in trading volume and is up 5% for the session.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:08 pm

KNX

Knight-Swift Transportation Holdings Inc (NYSE:KNX) shares fell after the company cut its Q1 and Q2 FY24 EPS forecasts due to challenges in the full truckload industry, oversupply, weather disruptions, and softer logistics volumes and margins. The revised Q1 EPS is now $0.11-$0.12, down from $0.37-$0.41, and Q2 EPS is adjusted to $0.26-$0.30 from $0.53-$0.57. The company will release Q3 2024 guidance on April 24, 2024.

Portfolio Pulse from Shivani Kumaresan

April 17, 2024 | 5:06 pm

EZGO

EZGO Technologies shares surged following the announcement of a strategic cooperation framework agreement with Woteam to explore the Southeast Asian market together.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 5:06 pm

AMPL

Amplitude (NASDAQ:AMPL) has been reviewed by 4 analysts in the past three months, showing a mix of neutral and somewhat bearish perspectives. The average 12-month price target is now $11.5, down from $13.00, indicating a negative sentiment shift. Analysts from Morgan Stanley and Citigroup have adjusted their price targets and ratings, reflecting concerns over Amplitude's market performance. Despite a solid revenue growth rate of 9.42% and a strong market presence, Amplitude's financial indicators such as net margin and ROA suggest areas of challenge.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:01 pm

TRIP

Analyst ratings for TripAdvisor (NASDAQ:TRIP) have shown a diverse range of opinions, with recent updates indicating a shift towards more positive outlooks. Over the last three months, 9 analysts have provided ratings, with the latest sentiment being predominantly neutral. The 12-month price targets suggest an average increase of 24.42% to $26.44, with recent analyst actions mostly raising their price targets. TripAdvisor's financial performance has been strong, with notable revenue growth and efficient cost management, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:01 pm

VST

Deep-pocketed investors show a divided sentiment on Vistra (NYSE:VST), with a bearish majority according to Benzinga's options scanner. Notable options activity includes 3 puts and 5 calls, with a price target range of $57.5 to $77.5. Vistra, a major power producer, has seen its stock price increase by 2.29% to $69.15. Analyst ratings in the last month average a target price of $78.33, with Morgan Stanley and Evercore ISI Group maintaining positive outlooks.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:01 pm

COST

Over the past 10 years, Costco Wholesale (NASDAQ:COST) has outperformed the market with an annualized return of 20.14%, turning a $1000 investment into $6,235.85 today. Costco's market capitalization stands at $320.65 billion.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 5:00 pm