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DM

HXL

KITT

SNTG

UAL

VLD

In Wednesday's pre-market session, there were notable movements in the industrials stocks sector. Sentage Holdings, Nauticus Robotics, Desktop Metal, Gaucho Group Holdings, United Airlines Holdings, and SKYX Platforms saw gains, with increases ranging from 4.54% to 8.6%. On the downside, Velo3D, Palladyne AI, Vast Renewables, Hexcel, Laser Photonics, and Azul experienced declines between 7.64% and 16.0%. Nauticus Robotics' rise was attributed to its Q4 earnings report released the previous day.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 12:09 pm

ASTI

MRIN

NA

VIAO

In Wednesday's pre-market session, 12 Information Technology stocks showed significant movement. Notably, Marin Software (MRIN) surged by 85.7%, while Ascent Solar Technologies (ASTI) plummeted by 50.6%. Other notable movers include Nano Labs (NA) and VIA optronics (VIAO), with substantial gains and losses respectively.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 12:09 pm

GREE

Greenidge Generation Holdings (NASDAQ:GREE) reported Q4 earnings of $0.36 per share, surpassing the $0.28 estimate, marking a 105.9% increase from last year. However, their Q4 sales of $19.60M fell short of the $26.70M estimate, despite being a 22.41% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 12:04 pm

FLNT

Fluent announced a 1-for-6 reverse stock split, a move often used by companies to boost their stock price by reducing the number of shares outstanding. This action can have various implications for the stock's market perception and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 12:03 pm

SKT

Tanger (NYSE:SKT), a leading retail shopping destinations owner, announced a 5.8% increase in its annual dividend from $1.04 to $1.10 per share. The quarterly dividend is set at $0.275, payable on May 15, 2024, to shareholders of record as of April 30, 2024. The company highlighted its strong balance sheet and operating platform as key factors supporting dividend growth and shareholder value.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 12:03 pm

BABA

Alibaba shares are trading higher following co-founder Jack Ma's reported support for the company's leadership and restructuring efforts.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 12:01 pm

EQT

Analyst opinions on EQT Corp (NYSE:EQT) over the past three months show a mix of bullish to bearish sentiments, with recent actions including both upgrades and downgrades in ratings and price targets. The average 12-month price target for EQT has decreased by 2.48% to $42.39. EQT's financial performance indicates challenges in revenue growth and asset utilization, but strong net margin and effective debt management. The company focuses on natural gas production in the Appalachian Basin.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 12:01 pm

ALB

Albemarle (NYSE:ALB), a leading lithium producer, has been analyzed by 17 analysts, showing a mix of bullish to bearish sentiments. The average 12-month price target is $141.29, down from $158.47, with actions ranging from rating raises to lowers. Albemarle's financial overview indicates challenges with a -10.1% revenue growth, a net margin of -26.22%, and an ROE of -6.4%, suggesting potential short-term stock pressure.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 12:00 pm

ADIL

Adial Pharmaceuticals Inc (NASDAQ:ADIL) announced positive clinical results for AD04, its lead investigational drug for Alcohol Use Disorder (AUD), showing a strong safety profile, high patient compliance, and no significant adverse effects. The study compared AD04's liver safety profile to a placebo in subjects with AUD, revealing no significant changes in liver injury markers. Additionally, ADIL received a U.S. patent in February for AD04 targeting the serotonin transporter gene for opioid use disorder treatment.

Portfolio Pulse from Vandana Singh

April 10, 2024 | 12:00 pm

VWAGY

Volkswagen AG (OTC:VWAGY) reported a 3% increase in Q1 FY24 deliveries, totaling 2.10 million vehicles, driven by growth in China, South America, and North America. Despite a 4% increase in combustion engine vehicle deliveries, all-electric vehicle (BEV) deliveries fell by over 3%, with a significant drop in Europe but a surge in China. The BEV order bank grew by 154% year-over-year. Audi and Porsche deliveries also declined. VWAGY shares dropped by 0.44% to close at $15.98.

Portfolio Pulse from Shivani Kumaresan

April 10, 2024 | 11:58 am