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AMH

American Homes 4 Rent's stock is trading higher following the announcement that it will be included in the S&P MidCap 400 index. This inclusion is a significant milestone for the company, reflecting its growth and stability, and is likely to attract more investors to its stock.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:39 pm

ZM

Zoom Video Communications Inc (NASDAQ:ZM) reported better-than-expected Q4 financial results, issued strong guidance, and announced a new $1.5 billion share repurchase program. Q4 revenue rose 2.6% YoY to $1.15 billion, surpassing estimates. Earnings per share were $1.42, beating estimates of $1.15. The company ended the quarter with 220,400 enterprise customers, a 3.5% increase YoY, and introduced Zoom AI Companion. FY24 revenue is expected to be around $4.6 billion, with earnings between $4.85 and $4.88 per share.

Portfolio Pulse from Adam Eckert

February 27, 2024 | 1:35 pm

U

Unity Software Inc (NYSE:U) shares fell after reporting Q4 financial results. Revenue increased 35% YoY to $609 million, beating estimates, but the loss per share of 66 cents missed expectations. The company forecasts Q1 strategic portfolio revenue between $415 million to $420 million and full-year 2024 revenue of $1.76 billion to $1.8 billion. Piper Sandler upgraded Unity from Underweight to Neutral, lowering the price target from $35 to $30. Shares were down 13.3% at $28.65.

Portfolio Pulse from Adam Eckert

February 27, 2024 | 1:33 pm

PUBM

PubMatic shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided strong future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:31 pm

U

Unity Software's shares dropped following mixed Q4 financial results and the company's future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:31 pm

EVER

EverQuote's stock price increased following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:31 pm

JANX

Janux Therapeutics' stock price increased following the announcement of positive updated clinical data for its two clinical programs.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:31 pm

SPY

USA Durable Goods Orders for January decreased by 6.1%, which is more than the estimated decrease of 4.9% and a significant drop from the previous month's decrease of 0.3%.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:30 pm

CARG

CarGurus shares are trading lower following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:30 pm

HIMS

Hims & Hers Health's shares surged following the announcement of their Q4 financial results, which exceeded expectations. Additionally, the company provided optimistic future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 1:30 pm