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FSR

Fisker Inc (NYSE:FSR) shares plummeted following reports the EV maker is considering bankruptcy, with restructuring advisers from FTI Consulting and Davis Polk reportedly hired. This news follows Fisker's preliminary Q4 results and warnings of substantial doubt about its ongoing viability. Despite $272.9 million in sales last year and $395.9 million in cash and equivalents, Fisker faces over $1 billion in debt.

Portfolio Pulse from Adam Eckert

March 14, 2024 | 1:09 pm

YMAB

Y-mAbs Therapeutics, Inc. (NASDAQ:YMAB), a commercial-stage biopharmaceutical company, announced the resignation of CFO Bo Kruse. Kruse will remain until a successor is found and will assist in the transition until July 31, 2024. The company is in search of a new CFO and aims for a smooth transition. Kruse's departure is amicable, with acknowledgments of his contributions to Y-mAbs' growth and financial independence.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:06 pm

GMGI

MOMO

VSME

WIMI

In Thursday's pre-market session, several Communication Services stocks showed notable movements. WiMi Hologram Cloud (WIMI) led the gainers with a 30.0% increase, while Hello Gr (MOMO) experienced the largest drop among the losers, declining by 19.6% following its Q4 earnings release. Other notable movements included Golden Matrix Group (GMGI) and VS Media Holdings (VSME) with significant gains, and HWH International (HWH) and Fangdd Network Group (DUO) among the losers.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

APM

SPRB

In Thursday's pre-market session, several healthcare stocks showed significant movement. Aptorum Gr, Nuvectis Pharma, and Bright Green were among the top gainers, with shares increasing by 47.1%, 23.65%, and 20.99% respectively. On the losing side, Spruce Biosciences saw a dramatic drop of 78% following its Q4 earnings report. Other notable decliners include Kintara Therapeutics and Nuvation Bio.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

FTCI

HOVR

PIXY

SIDU

SMR

STI

In Thursday's pre-market session, several industrials stocks showed significant movement. Gainers included ShiftPixy, New Horizon Aircraft, Sidus Space, NuScale Power, voxeljet, and Exela Technologies with increases ranging from 6.55% to 12.9%. Losers were Solidion Technology, Erayak Power Solution Gr, Royalty Management Hldgs, Pangaea Logistics Solns, FTC Solar, and Energy Vault Holdings, with decreases ranging from 7.9% to 28.8%. Notably, NuScale Power, Pangaea Logistics Solns, FTC Solar, and Energy Vault Holdings had recent earnings reports.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

HEAR

PGY

PRST

In Thursday's pre-market session, 12 Information Technology stocks showed significant movements. Presto Automation, CCSC Technology, Turtle Beach, Auddia, BigBear.ai Hldgs, and MicroCloud Hologram were among the gainers, with Presto Automation leading with a 57.8% increase. On the downside, Pagaya Techs, Enfusion, Verb Tech, SentinelOne, CXApp, and Applied Optoelectronics experienced declines, with Pagaya Techs dropping 15.5%. Notably, Turtle Beach, Enfusion, and SentinelOne's movements were influenced by their Q4 earnings reports.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:06 pm

GLUE

Monte Rosa Therapeutics (NASDAQ:GLUE) reported Q4 earnings with an EPS of $-0.58, missing estimates by -76.0% and showing no revenue change from the previous year. Last quarter, the company beat EPS estimates which was followed by a 3.0% drop in share price.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:05 pm

LULU

Analyst ratings for Lululemon Athletica (NASDAQ:LULU) show a mix of bullish to bearish sentiments. Recent updates include maintained and raised ratings with an average 12-month price target of $520.14, reflecting a slight increase from the previous target. Lululemon's financial performance is strong, with significant revenue growth, high net margin, and efficient asset management. The company's market position is solid, indicated by its substantial market capitalization and above-average financial metrics.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:01 pm

NPCE

NeuroPace shares surged following JP Morgan's decision to maintain an Overweight rating on the stock, while also increasing its price target from $9 to $17.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 1:00 pm

URI

Recent analysis of United Rentals (NYSE:URI) by 10 analysts shows a mix of bullish to bearish sentiments, with an updated average 12-month price target of $621.4, marking a 29.23% increase from the previous target. Analyst actions include rating changes and price target adjustments, reflecting dynamic market conditions and company performance. United Rentals, the world's largest equipment rental company, has shown notable revenue growth, efficient cost management, and strong financial health, with a market capitalization and performance metrics above industry averages.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 1:00 pm