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BA

Boeing's shares are experiencing an uptick following the announcement by President and CEO Dave Calhoun about his decision to resign from his position at the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:31 pm

OTLK

HC Wainwright & Co. analyst Douglas Tsao maintains a Buy rating on Outlook Therapeutics (NASDAQ:OTLK) and adjusts the price target to $30 from $1.5, accounting for a reverse stock split at a ratio of 1:20.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:31 pm

SPY

The Chicago Fed National Activity Index for February showed an improvement to 0.05 from a revised -0.54 in the previous month, indicating a positive shift in economic activity.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:31 pm

LITB

LightInTheBox Holding Co., Ltd. (NYSE:LITB) reported a 13.3% decline in Q4 FY23 sales year-on-year, with a decrease in product sales and a slight increase in services and others sales. The company's gross margin expanded, but gross profit fell. Operating expenses decreased, and the operating loss remained flat. Adjusted EBITDA improved slightly, and loss per ADS decreased significantly. LITB also disclosed receiving an NYSE non-compliance letter and provided a Q1 2024 revenue outlook of $70 million to $80 million. Shares closed higher by 4.94% at $0.7929.

Portfolio Pulse from Shivani Kumaresan

March 25, 2024 | 12:28 pm

SOLO

Trading for SOLO was halted and then resumed at 8:25 AM ET, with updates on quotation resumption times provided.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:25 pm

LABP

Trading for LABP was halted at 8:25:00 a.m. ET due to pending news. This action indicates that significant news is expected to be released, which could materially impact the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:25 pm

CMG

CNM

MU

NVDA

SHAK

Wall Street's most accurate analysts have made new stock picks, highlighting potential upsides and downsides in companies like Micron Technology, NVIDIA, Shake Shack, Core & Main, and Chipotle Mexican Grill. These picks are based on recent company performances and market trends, with analysts from firms like Oppenheimer, Truist Securities, Wedbush, Deutsche Bank, and Wells Fargo providing insights.

Portfolio Pulse from Avi Kapoor

March 25, 2024 | 12:23 pm

CMT

Core Molding Technologies has announced the promotion of Eric L. Palomaki to the position of Chief Operating Officer. This strategic move is aimed at strengthening the company's operational capabilities and driving future growth.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:19 pm

CAMT

Camtek, a leading manufacturer, has received an order worth approximately $25 million from a Tier-1 manufacturer for High Bandwidth Memory. This significant order highlights Camtek's strong position in the market and its ability to attract large-scale projects from top-tier manufacturers.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:18 pm

OLK

Olink Holding (NASDAQ:OLK) reported Q4 earnings per share (EPS) of $(0.06), missing the analyst consensus estimate of $0.15 by 140%. Quarterly sales were $68.55M, missing the estimate of $89.86M by 23.71%. This represents a 220% decrease in EPS and an 18.43% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 12:14 pm