Streetbeat News

Stock Prices

BTTR

Better Choice Company Inc. (BTTR) received a notice from NYSE American for noncompliance with listing standards, specifically regarding stockholders' equity levels. The company, with $3.0 million in stockholders' equity and losses in three of the last four fiscal years, must submit a compliance plan by May 24, 2024, to regain compliance by October 24, 2025. The stock will continue trading under the symbol 'BTTR' with a '.BC' designation indicating 'below compliance'. The company is exploring transactions to meet compliance requirements.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:36 pm

WWD

Woodward, Inc. (WWD) has increased its FY24 adjusted EPS guidance from $5.00-$5.40 to $5.70-$6.00, surpassing the $5.36 estimate. Additionally, revenue guidance was raised from $3.150B-$3.300B to $3.250B-$3.350B, slightly above the $3.243B estimate.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:36 pm

FBRT

Franklin BSP Realty Trust (NYSE:FBRT) reported Q1 2024 adjusted EPS of $0.41, surpassing the $0.39 estimate, but its sales of $53.952M fell short of the $56.491M forecast. This represents a 6.82% decrease in earnings and a 14.05% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:34 pm

MED

Medifast shares are trading lower following the announcement of mixed Q1 financial results, indicating a disparity between expected and actual financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:33 pm

BLND

Blend Labs shares surged following the announcement of a strategic partnership with Haveli Investments, which includes a significant $150 million investment into the company.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:32 pm

NSC

Norfolk Southern CEO Alan Shaw expressed disagreement with Glass Lewis' decision to side with activist investor Ancora, as reported by CNBC.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:31 pm

PARA

Paramount Global announced CEO Bob Bakish's departure amid ongoing merger talks with Skydance Media. The company missed Q1 revenue estimates but exceeded earnings expectations. Paramount's DTC segment, including Paramount+, showed significant growth, with a 51% increase in revenue and 3.7 million new subscribers. Shares rose 2.85% following the news and proposed concessions to shareholders.

Portfolio Pulse from Chris Katje

April 29, 2024 | 8:31 pm

CHGG

COUR

LL

In Monday's after-market session, 12 consumer discretionary stocks saw significant movements. LL Flooring Holdings, Zapp Electric Vehicles, Visionary Holdings, Golden Heaven Group Holdings, Qurate Retail, and Nerdy were among the gainers, with LL Flooring leading by a 25.8% increase. On the downside, Coursera, Lixiang Education Holding, J-Long Group, Golden Sun Health, Chegg, and Cenntro experienced declines, with Coursera dropping 16.7% following its Q1 earnings report.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 8:31 pm

MED

Medifast reported Q1 2024 earnings of $0.66 per share, missing the consensus estimate of $0.78, and sales of $174.739M, beating the estimate of $168.900M. This represents a significant decrease in both earnings and sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 8:31 pm

GCTK

VAXX

WGS

In Monday's after-market session, several health care stocks showed notable movements. GeneDx Holdings led the gainers with a 21.8% increase following their Q1 earnings release, while GlucoTrack experienced the largest decline among the losers, dropping 10.7%. Other notable movers included InnovAge Holding, Mustang Bio, and Vaxxinity, each responding to market dynamics and company-specific news.

Portfolio Pulse from Benzinga Insights

April 29, 2024 | 8:31 pm