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VWE

Vintage Wine Estates (NASDAQ:VWE) reported Q2 earnings with an EPS of $-0.75, missing estimates by -525.0% and a revenue decrease of $10M from the previous year. The company's past earnings performance shows a pattern of missed EPS estimates leading to significant share price drops.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:55 pm

FREE

Whole Earth Brands (NASDAQ:FREE) reported Q4 earnings with an EPS of $-0.17, missing estimates by -1800% compared to the expected $0.01. Revenue increased by $12.27 million from the same period last year. Despite past earnings misses, the company's share price increased by 8.0% the day after last quarter's earnings were announced.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:50 pm

SBIG

SpringBig Holdings (OTC:SBIG) reported Q4 earnings with an EPS of $-0.07, missing estimates by -600% compared to the expected $-0.01. Revenue increased by $48 thousand year-over-year. The company's past earnings performance shows a pattern of missing EPS estimates, leading to significant share price drops, such as a 20% decrease following last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:50 pm

GBTC

Grayscale announces the launch of a new Bitcoin ETF, the Grayscale Bitcoin Mini Trust (ticker: BTC), as a strategic spin-off from its Grayscale Bitcoin Trust (OTC:GBTC). This move aims to offer a more cost-effective product and revitalize GBTC amid financial challenges and significant outflows since its conversion to a spot Bitcoin ETF. The spin-off will transfer a portion of GBTC's Bitcoin holdings to the new Mini Trust, with GBTC shareholders receiving equivalent BTC shares, ensuring no tax liabilities. The exact details of the Bitcoin reallocation and management fees are yet undisclosed.

Portfolio Pulse from Murtuza Merchant

March 12, 2024 | 9:42 pm

BIRD

EDUC

SGHC

SWIM

In Tuesday's after-market session, several consumer discretionary stocks showed notable movements. Educational Development, Golden Sun Health, Worksport, Barnes & Noble Education, 2U, and Xponential Fitness were among the gainers, with increases ranging from 4.98% to 35.3%. On the downside, Allbirds, Latham Group, Super Group, ZHONGCHAO, PlayAGS, and GEN Restaurant Group experienced declines between 5.1% and 15.1%, with some attributing their drops to recent Q4 earnings releases.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:33 pm

ATNF

CYRX

MXCT

NCNA

TNON

In Tuesday's after-market session, several healthcare stocks showed significant movement. NuCana led the gainers with a 157.2% increase, while 180 Life Sciences topped the losers, declining by 13.9%. Notably, Tenon Medical, MaxCyte, and CryoPort released their Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:33 pm

LGCL

SGLY

SPPL

VJET

In Tuesday's after-market session, several industrials stocks saw significant movements. Simpple (SPPL) and Singularity Future Tech (SGLY) were among the top gainers, while voxeljet (VJET) and Lucas GC (LGCL) led the losers. The movements reflect changes in market value for these companies.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:33 pm

AWRE

CLRO

LUNA

MINM

VERI

In Tuesday's after-market session, several information technology stocks experienced significant movements. Minim's stock surged by 71.7%, while ClearOne and MariaDB also saw notable gains. On the downside, Luna Innovations, ReAlpha Tech Corp, and Aware faced steep declines, with their stock prices dropping by 20.1%, 18.75%, and 14.37% respectively. The movements were influenced by various factors including Q4 earnings reports for Veritone, Aware, Synchronoss Technologies, and Transact Technologies.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:33 pm

MAR

Over the past 5 years, Marriott Intl (NASDAQ:MAR) has outperformed the market with an annualized return of 14.94%, growing a $1000 investment to $2,049.46. The company currently has a market capitalization of $72.77 billion.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:30 pm

ANF

Abercrombie & Fitch (NYSE:ANF) has delivered an average annual return of 11.84% over the past 10 years, outperforming the market by 1.18%. A $100 investment in ANF a decade ago would now be worth $307.16. The company's current market capitalization stands at $6.09 billion.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:30 pm