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Stock Prices

LI

Li Auto shares are trading lower due to overall weakness in US-listed Chinese stocks, potentially influenced by market volatility amid the Israel-Iran conflict.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 1:07 pm

ACU

Acme United (AMEX:ACU) reported Q1 earnings of $0.39 per share, beating the $0.36 estimate, but missed sales estimates with $44.96M against the expected $48.58M. This represents a 39.29% increase in EPS from last year but a 1.92% decrease in sales.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 1:06 pm

DJT

Trump Media & Technology Group's shares are experiencing increased trading activity due to ongoing volatility. The company has communicated with Nasdaq, expressing concerns over suspected short selling of its shares.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 1:02 pm

ELV

Elevance Health Inc. (NYSE:ELV) reported Q1 earnings surpassing expectations with a 12.2% increase in profit to $2.2 billion and adjusted EPS of $10.64, beating the consensus. Despite a slight miss in revenue expectations, the company raised its FY23 EPS guidance to over $37.20, exceeding prior forecasts and consensus. Shares rose 3.2% following the announcement. Analysts from Barclays and Jefferies have increased their price targets for ELV, reflecting optimism in its growth prospects.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 1:02 pm

RSI

Rush Street Interactive (NYSE:RSI) has seen varied analyst ratings over the past three months, with a recent shift towards more bullish perspectives. The average 12-month price target for RSI has been raised to $7.71, indicating a 22.58% increase from the previous target. Analysts from firms like Craig-Hallum, Macquarie, and Wells Fargo have adjusted their ratings and price targets, reflecting optimism about the company's performance and market position. Despite this, RSI's financial indicators such as market capitalization, revenue growth, net margin, ROE, and ROA show mixed results, with some metrics below industry averages.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 1:01 pm

DAL

IOT

VGSH

Delta Air Lines reported better-than-expected Q1 2024 earnings with an 8% YoY operating revenue growth to $13.748 billion and an adjusted EPS of 45 cents, beating consensus. Vanguard Short-Term Treasury Index Fund ETF Shares (VGSH) was highlighted by SoFi's Liz Young. Samsara Inc. reported Q4 results above expectations and issued FY25 guidance above estimates, with adjusted earnings of 4 cents per share and revenue of $276.3 million. Price action saw Delta Air Lines shares fall 0.1%, VGSH slipped 0.1%, and Samsara shares rose 0.1%.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 12:58 pm

DJT

Trump Media & Technology Group issued a letter to Nasdaq on April 18, addressing concerns about naked short selling of its stock and potential market manipulation.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 12:56 pm

GSUN

Trading for GSUN was halted and then resumed at 8:55 AM ET, following an update on halt status, including news and resumption times.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 12:55 pm

BEEP

EAF

VUZI

Insiders at Mobile Infrastructure Corp (BEEP), GrafTech International Ltd (EAF), and Vuzix Corporation (VUZI) have recently made significant stock purchases. BEEP's CEO acquired shares worth around $58,170, while EAF saw a $4.1 million purchase by Colonial House Capital Ltd, and VUZI's CEO bought shares for approximately $10,062. These transactions come ahead of their respective earnings releases and in the context of Vuzix's recent sales performance.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 12:54 pm

BYND

HPCO

WBA

The article highlights the top 3 oversold stocks in the consumer staples sector, identified by their low RSI values, indicating potential undervaluation. Hempacco Co., Inc. (HPCO), Walgreens Boots Alliance, Inc. (WBA), and Beyond Meat, Inc. (BYND) are mentioned as having RSI values near or below 30, suggesting they may be poised for a rebound. Recent developments for each company are also noted, including a media contract for HPCO, a price target adjustment for WBA by Morgan Stanley, and a mixed securities shelf offering filed by BYND.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 12:53 pm