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CPSH

CPS Technologies shares are trading lower following the announcement of a year-over-year decrease in Q4 EPS results.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:33 pm

MCHP

Microchip Technology (NASDAQ:MCHP) has seen significant options trading activity, with a bullish sentiment prevailing among investors. Analysis of 15 trades reveals 53% bullish and 46% bearish expectations. The trading activity suggests investors are targeting a price range of $82.5 to $135.0 for MCHP over the next three months. Notable trades include bullish and bearish calls with varying strike prices and expiration dates. The company, known for its microcontrollers used in various electronic devices, has a current stock price of $89.06, with trading volume at 3,700,218 and an RSI indicating a neutral position. An earnings announcement is expected in 56 days.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:31 pm

CCLP

KGS

Kodiak Gas Services, Inc. (NYSE:KGS) shares fell after reporting a Q4 EPS loss of $(0.09), missing estimates of $0.29, despite beating revenue expectations with $225.98 million. The company provided FY24 guidance with adjusted EBITDA of $460-$490 million and Discretionary Cash Flow of $295-$310 million. Kodiak also announced the acquisition of CSI Compressco LP (NASDAQ:CCLP) in a deal valued at approximately $854 million.

Portfolio Pulse from Lekha Gupta

March 07, 2024 | 5:31 pm

DELL

Dell Technologies (NYSE:DELL) has seen unusual options activity, with a bearish sentiment from high-rolling investors. Benzinga's options scanner identified 33 trades, showing a split sentiment with 45% bullish and 54% bearish. The focus is on a price band between $50.0 and $160.0. Notable options activity includes both bearish and bullish calls with various expiration dates and strike prices. Dell's stock is up 0.68% at $119.3, with some analysts maintaining positive ratings despite a consensus target price of $108.4.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:31 pm

EVC

LYT

SCOR

WLY

In Thursday's intraday session, notable movements were observed in the Communication Services sector. Lytus Technologies Holdings led the gainers with a 582.2% increase, while Hanryu Holdings experienced the largest drop among the losers, declining by 15.6%. John Wiley & Sons reported Q3 earnings, contributing to an 11.11% rise in its stock price. Similarly, comScore and Entravision Communications reported their Q4 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:31 pm

CDMO

PBM

PEPG

ZVSA

In Thursday's intraday session, several health care stocks experienced significant movements. Notably, Psyence Biomedical, ZyVersa Therapeutics, Creative Medical Tech, HeartBeam, Ocean Biomedical, and Quantum-Si saw their stock prices increase by over 20%. Conversely, Avid Bioservices, Aptorum Gr, Nexalin Technology, BeyondSpring, PepGen, and Viking Therapeutics faced declines, with some dropping by over 30%. These movements reflect notable volatility within the health care sector.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:31 pm

On a live CNBC segment, Josh Brown announced that he has sold his holdings in Zoom Video Communications (ZM).

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:31 pm

VLD

Velo3D's stock price increased following the announcement that Bechtel Plant Machinery has chosen Velo3D's metal additive manufacturing solution for parts production in the U.S. Naval Nuclear Propulsion Program.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:31 pm

EPOW

HDSN

RTO

In Thursday's intraday session, several industrials stocks experienced significant movements. Notable gainers include Sunrise New Energy (EPOW), Velo3D (VLD), Rentokil Initial (RTO), JanOne (JAN), Byrna Technologies (BYRN), and Laser Photonics (LASE) with increases ranging from 16.29% to 22.0%. On the losing end, MingZhu Logistics Hldgs (YGMZ), SOS (SOS), Greenwave Tech Solns (GWAV), Hudson Technologies (HDSN), Pineapple Energy (PEGY), and Wheels Up Experience (UP) saw declines between 11.64% and 26.9%. Rentokil Initial and Wheels Up Experience released their Q4 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:31 pm

CMPO

CPSH

DAVE

MEI

In Thursday's intraday session, several Information Technology stocks experienced significant movements. Notably, CompoSecure, Dave, OneSpan, GSI Technology, GSE Systems, and SoundHound AI saw substantial gains, largely attributed to their recent Q4 earnings reports. Conversely, Methode Electronics, Infobird Co, MMTEC, Airship AI Holdings, CPS Technologies, and Cyngn faced declines, with earnings reports influencing several of these movements.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 5:31 pm