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WISH

Leading proxy advisory firms ISS, Glass Lewis, and Egan-Jones recommend ContextLogic Inc. (WISH) stockholders to vote 'FOR' the proposed Asset Sale transaction with Qoo10 Pte. Ltd. This endorsement is seen as the best alternative to maximize shareholder value, with the electronic proxy voting deadline set for April 11, 2024, before the special meeting on April 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:41 pm

RNAC

Cartesian Therapeutics announced the approval of the conversion of Series A Convertible Preferred Stock and plans to implement a reverse stock split, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:40 pm

RDDT

Three Reddit Inc (NYSE:RDDT) executives sold shares during its IPO, missing out on $19M in additional gains as shares soared post-IPO. The sales were part of the IPO process, with shares initially priced at $34. Despite the sales, shares of Reddit fell 14.60% to $49.32 on Thursday. The timing of these sales and the subsequent drop in share price may impact investor perception and the stock's future performance.

Portfolio Pulse from Chris Katje

March 28, 2024 | 8:40 pm

REED

Reed's Inc. reported a Q4 2023 GAAP EPS of $(2.07) and sales of $11.700M, missing the analyst consensus estimate of $14.084M by 16.93%. This represents a 22.21% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:39 pm

OXM

Oxform Industries' shares dropped following disappointing Q4 financial results and bleak Q1 guidance.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:36 pm

TBIO

Telesis Bio (NASDAQ:TBIO) reported Q4 earnings with a significant miss on both EPS and sales estimates. The EPS was $(0.61), missing the $(0.22) estimate by 177.27%, and sales were $6.98M, slightly missing the $7.00M estimate. This represents a 117.86% decrease in EPS and a 26.32% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:33 pm

SMTC

Semtech's shares are trading higher following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:33 pm

CURV

NAAS

OXM

In Thursday's after-market session, several consumer discretionary stocks showed notable movements. Torrid Holdings and Naas Technology reported Q4 earnings, leading to a 15.8% increase in CURV and a 3.22% rise in NAAS. Other gainers included Selina Hospitality, Golden Sun Health, Arcimoto, and Worksport. Conversely, Oxford Industries, EZGO Technologies, Faraday Future, Kidpik, Petco Health and Wellness, and Cazoo Gr experienced declines, with OXM also reporting Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:31 pm

DARE

PLSE

QLI

VVOS

In Thursday's after-market session, several healthcare stocks showed significant movement. Qilian Intl Hldg Gr (QLI) led the gainers with a 73.2% increase, while Vivos Therapeutics (VVOS) experienced the largest drop among the losers, falling 12.6%. Notably, Dare Bioscience (DARE), Vivos Therapeutics (VVOS), and Pulse Biosciences (PLSE) released their Q4 earnings reports, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:31 pm

CVV

SMTC

WRAP

XTKG

In Thursday's after-market session, several information technology stocks showed notable movements. Semtech, Airspan Networks Holdings, Data Storage, Photronics, Alarum Technologies, and Rubicon Technologies experienced gains, with Semtech leading by a 10.9% increase following its Q4 earnings release. Conversely, X3 Holdings, FOXO Technologies, Wrap Technologies, CVD Equipment, Riskified, and ARB IOT Group faced declines, with X3 Holdings dropping by 33.3%. Earnings reports influenced several of these movements.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 8:31 pm