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GFI

HMY

NEM

Shares of precious metals companies are trading lower amid a drop in gold and silver following US economic data.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:20 pm

AMC

GME

The upcoming Roaring Kitty YouTube livestream has generated significant attention, with over 30,000 people waiting for it to begin. The anticipation is heightened by GameStop Corp's (NYSE:GME) early release of its first-quarter 2024 earnings, which missed the consensus estimate. The live chat reflects a range of sentiments and expectations, with mentions of both GameStop and AMC Entertainment Holdings Inc (NYSE:AMC).

Portfolio Pulse from Michael Cohen

June 07, 2024 | 1:19 pm

SAVE

Spirit Airlines has announced that it is not evaluating Chapter 11 bankruptcy at this time, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:16 pm

SIFY

Sify Technologies Ltd. (NASDAQ:SIFY) has announced the commencement of its previously announced rights offering. The offering will provide holders of equity shares and ADSs with transferable rights to subscribe for new equity shares and ADSs at specified prices.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:10 pm

DOCU

DocuSign, Inc. (NASDAQ:DOCU) reported better-than-expected Q1 earnings and announced a $1 billion increase to its stock repurchase program. Despite the positive results, analysts from Baird, B of A Securities, and Needham lowered their price targets for the stock.

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 1:09 pm

ASXC

Asensus Surgical shares are trading higher following the announcement that the company will be acquired by KARL STORZ for $0.35 per share in cash.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:07 pm

COWZ

DOCU

WFH

DocuSign, Inc. (NASDAQ:DOCU) shares are trading lower in the premarket session on Friday following analyst downgrades and a mixed earnings report. Analysts from BofA Securities, Baird, and Needham have all maintained neutral ratings but lowered their price targets. Despite a solid 5% growth in billings, margins contracted slightly. The company reported a revenue beat and announced a $1 billion increase to its stock repurchase program. DocuSign expects second-quarter revenue to be in the range of $725 million to $729 million. The stock has lost over 4.5% in the past year and is down 7.49% to $50.51 in premarket trading.

Portfolio Pulse from Nabaparna Bhattacharya

June 07, 2024 | 1:06 pm

FIVN

NTNX

S

SNOW

The article highlights four oversold tech stocks with RSI values near or below 30, indicating potential buying opportunities. The stocks mentioned are SentinelOne Inc (NYSE:S), Nutanix Inc (NASDAQ:NTNX), Snowflake Inc (NYSE:SNOW), and Five9 Inc (NASDAQ:FIVN).

Portfolio Pulse from Avi Kapoor

June 07, 2024 | 1:05 pm

VERO

Venus Concept shares are trading higher due to continued upward momentum after the stock regained Nasdaq compliance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:05 pm

NGL

NGL Energy Partners shares are trading lower after the company reported worse-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 1:03 pm