Streetbeat News

Stock Prices

LAZR

Luminar Technologies' stock (LAZR) trades lower following a downgrade by B of A Securities from Neutral to Underperform, with a price target reduction from $3.50 to $1.20.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:23 am

FNKO

Funko's stock price increased following B. Riley Securities initiating coverage with a Buy rating and a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:22 am

AAPL

IQEPF

IQE, a British chip components manufacturer and key supplier to Apple Inc., forecasts its fiscal 2024 results to meet market expectations due to a strong order book fueled by the AI industry boom. The company, known for producing 'epi-wafers' used in various tech products including Apple's iPhones, anticipates continued improvement through 2024 despite global economic uncertainties. This outlook is supported by the company's return to profit in the second half of 2023 and the growing demand in the semiconductor industry. Apple's advancements in AI, including the launch of its ReALM AI model and upcoming AI strategy reveal at WWDC, are also highlighted as significant.

Portfolio Pulse from Ananya Gairola

April 10, 2024 | 11:22 am

SGH

SMART Global Holdings shares are trading lower following the announcement of their Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:21 am

XPEV

XPENG shares are trading higher following the announcement of a dealer partnership in Hong Kong and plans to enter Macau.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:18 am

CERT

Certara's stock price increased following an upgrade by KeyBanc from Sector Weight to Overweight.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:13 am

GDRX

GoodRx Holdings shares are trading higher following an upgrade by KeyBanc from Sector Weight to Overweight.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:10 am

PSMT

PriceSmart shares surged following the announcement of better-than-expected Q2 results and a one-time special dividend of $1 per share.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:09 am

HXL

Hexcel shares dropped following a downgrade by B of A Securities from Neutral to Underperform, with a price target reduction from $75 to $65.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:06 am

PHG

Philips shares are trading higher following the announcement that its subsidiaries, Philips Holding USA and Philips Respironics, have reached a final agreement on the consent decree with the DOJ and FDA.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:05 am