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APDN

Applied DNA Sciences shares resumed trading after a temporary halt due to a circuit breaker trigger. This event typically indicates significant volatility or a sharp price movement.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:34 pm

FLUX

Flux Power Holdings' shares dropped following disappointing Q3 financial results. Despite the poor performance, Maxim Group kept a Buy rating but reduced the price target from $9 to $6.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:33 pm

AMPL

Morgan Stanley analyst Elizabeth Porter has maintained an Underweight rating on Amplitude (NASDAQ:AMPL) and lowered the price target from $10 to $9.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:33 pm

LI

NIO

XPEV

Chinese EV stocks, including LI, NIO, and XPEV, are trading lower due to reports of President Biden preparing tariffs on the Chinese EV and solar sectors.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:29 pm

EVLV

Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) shares plummeted 30% after reporting a Q1 adjusted loss per share of 9 cents, missing expectations by 2 cents, and quarterly revenues of $21.668 million, below the forecast of $22.999 million. Despite a 75% year-over-year increase in Evolv Express subscriptions, the company's FY24 revenue outlook of $100 million falls short of the anticipated $114.6 million. The company also expects a 40% year-over-year increase in adjusted EBITDA. Over the past year, EVLV stock has declined over 35%.

Portfolio Pulse from Nabaparna Bhattacharya

May 10, 2024 | 3:29 pm

F

LCID

Ford Motor Company has announced the hiring of Sherry House, former CFO of Lucid Group, as part of its strategic move to bolster its electric vehicle (EV) business. House, with her extensive experience in the automotive, tech, and startup sectors, is set to join Ford in June and become CFO early next year. This move comes as Ford aims for profitable growth in EVs, software, and services. Meanwhile, Ford's shares dropped by 1.36% following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

May 10, 2024 | 3:29 pm

SG

RBC Capital analyst Christopher Carril maintains an Outperform rating on Sweetgreen (NYSE:SG) and raises the price target from $20 to $35.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:16 pm

NVDA

HSBC analyst Frank Lee maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $1050 to $1350, indicating a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:12 pm

YPF

YPF reported Q1 earnings of $1.66 per share, surpassing the $0.86 estimate, marking a 93.02% beat and a 90.8% increase from last year's $0.87. Sales reached $4.31B, exceeding the $4.21B estimate by 2.25% and showing a 1.70% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:11 pm

RVNC

Revance Therapeutics' stock is trading lower after the company reported mixed results for its Q1 earnings.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 3:11 pm