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CHTR

LBRDA

META

SNAP

In Friday's pre-market session, Meta Platforms (META) and Snap (SNAP) were among the top gainers in the Communication Services sector, with META up 16.3% following its Q4 earnings report. Conversely, Charter Communications (CHTR) and Liberty Broadband (LBRDA) were notable losers, with CHTR down 7.95% after its Q4 earnings. Other stocks also experienced significant movements.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 1:06 pm

CRBP

ERNA

GRI

RVNC

In Friday's pre-market session, several healthcare stocks showed significant movement. Revance Therapeutics, Eterna Therapeutics, Connect Biopharma Hldgs, Celularity, Trxade Health, and Windtree Therapeutics were among the gainers, with increases ranging from 12.19% to 16.5%. On the downside, GRI Bio, Sharps Technology, Biofrontera, Kiora Pharmaceuticals, Cadrenal Therapeutics, and Corbus Pharmaceuticals experienced declines between 9.04% and 31.8%.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 1:06 pm

AGFY

AREB

CISS

GETR

ROMA

In Friday's pre-market session, there were notable movements in the industrials sector stocks. Roma Green Finance, C3is, American Rebel Holdings, Rocket Lab USA, Construction Partners, and Greenwave Tech Solns saw gains, while Agrify, Getaround, Multi Ways Holdings, Safe & Green Holdings, Hyliion Holdings, and Satellogic experienced declines. The movements were attributed to various market dynamics, impacting the companies' stock prices.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 1:06 pm

CCTG

RDZN

TEAM

In Friday's pre-market session, several Information Technology stocks showed significant movement. CCSC Technology led the gainers with a 34.1% increase, while Roadzen experienced the largest drop among the losers, falling 23.8%. Notably, Atlassian's stock fell 7.81% following the release of their Q2 earnings.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 1:05 pm

GRC

Gorman-Rupp (NYSE:GRC) reported Q4 earnings with a 41.67% beat on EPS estimates, posting $0.34 versus the expected $0.24. Revenue increased by $14.56 million from the same period last year. The company has a history of beating EPS estimates, which in the past has led to a share price increase the following day.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 1:05 pm

GWW

W.W. Grainger (NYSE:GWW) reported Q4 adjusted EPS of $8.33, surpassing the $8.05 estimate, marking a 16.67% year-over-year increase. However, its $4.00B sales fell short of the $4.04B estimate, though it represents a 5.13% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:03 pm

PIPR

Piper Sandler (NYSE:PIPR) reported Q4 adjusted EPS of $4.03, surpassing the $2.60 estimate, a 55% beat. Sales reached $471.85M, exceeding the $370.12M estimate by 27.49%. Both earnings and sales saw over 20% increase from the previous year.

Portfolio Pulse from saritha@benzinga.com

February 02, 2024 | 1:01 pm

CLFD

Clearfield (NASDAQ:CLFD) has received mixed analyst ratings over the past three months, with a recent negative shift in sentiment as evidenced by a decrease in the average price target by 8.78% to $40.75. The company faces challenges in revenue growth, with a significant decline of -47.72% as of September 30, 2023, but shows strong profitability with a net margin of 5.43%. Its debt management is solid, with a low debt-to-equity ratio of 0.07, although it has a below-average ROE of 0.86%.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 1:00 pm

AMZN

Barclays analyst Ross Sandler has maintained an Overweight rating on Amazon.com (NASDAQ:AMZN) and increased the price target from $190 to $220. This adjustment reflects a positive outlook on Amazon's future stock performance.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:43 pm

ABBV

AbbVie has reaffirmed its expectation for a high single-digit compound annual revenue growth rate (CAGR) through 2029, indicating confidence in its long-term financial performance.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 12:40 pm