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AMR

Alpha Metallurgical (NYSE:AMR) reported Q4 earnings of $12.88 per share, surpassing the $9.07 estimate by 42.01%, despite a 3.66% decrease from last year's $13.37. Q4 sales reached $959.99M, beating the $796.65M estimate by 20.50%, marking a 16.58% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:31 pm

ATNF

180 Life Sciences plans a reverse stock split at a 1-for-19 ratio, effective February 28, 2024, to meet Nasdaq's minimum bid price requirement for continued listing.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:17 pm

GPS

JP Morgan analyst Matthew Boss upgraded Gap (NYSE:GPS) from Underweight to Neutral and increased the price target from $16 to $20.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:17 pm

RIVN

Rivian Automotive, Inc. (NASDAQ:RIVN) experienced a premarket rebound after a significant drop last week due to disappointing 2024 delivery guidance and subsequent analyst downgrades. JPMorgan, UBS, and Truist Securities all downgraded the stock and lowered their price targets. Tesla investor Gary Black defended Rivian, highlighting its potential and upcoming second-gen R2 EV launch. Rivian's stock rose 1.09% to $10.18 in premarket trading.

Portfolio Pulse from Shanthi Rexaline

February 26, 2024 | 12:15 pm

CRGO

Freightos (NASDAQ:CRGO) reported Q4 2023 adjusted EPS of $(0.06), surpassing the $(0.12) estimate, and sales of $5.26M, exceeding the $5.22M estimate. This represents a significant improvement over the previous year, with a 92.94% increase in EPS and an 8.43% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:14 pm

ADC

HBT

PCB

SNCR

Insiders at PCB Bancorp, HBT Financial, Agree Realty, and Synchronoss Technologies have recently made significant stock purchases, signaling confidence in their companies' prospects. PCB Bancorp's insider bought shares despite weak quarterly earnings, while HBT Financial's insider purchase followed upbeat earnings. Agree Realty's CEO bought shares after the company posted better-than-expected sales, and Synchronoss Technologies saw insider buying as it expects revenue to exceed guidance.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 12:06 pm

CLDX

Celldex Therapeutics (NASDAQ:CLDX) reported Q4 earnings with a per-share loss of $(0.83), missing the $(0.74) estimate, and sales of $4.13M, surpassing the $840.00K estimate. This represents a 48.21% increase in losses and a 156.04% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:06 pm

FIS

FIS has announced an increase of $500 million to its share repurchase goal, signaling a strong commitment to returning value to shareholders and confidence in the company's financial health.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:06 pm

BRK-B

LI

TEVA

Li Auto Inc. reported Q4 earnings surpassing estimates with adjusted earnings of 30 cents per share and sales of $5.88 billion, leading to an 8% pre-market stock surge. Other stocks like ImmunityBio, Bowlero Corp, Teva Pharmaceutical, Amer Sports, SES AI Corporation, Berkshire Hathaway, and BioCryst Pharmaceuticals also saw pre-market gains. Teva announced U.S. approval of SIMLANDI, and Berkshire Hathaway plans to maintain its investment in Occidental Petroleum.

Portfolio Pulse from Avi Kapoor

February 26, 2024 | 12:03 pm

PPC

Pilgrims Pride (NASDAQ:PPC) reported Q4 adjusted earnings of $0.59 per share, surpassing the $0.40 estimate, marking a 220.41% increase from last year's losses. Sales reached $4.53B, exceeding the $4.47B estimate and showing a 9.72% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 12:02 pm