Streetbeat News

Stock Prices

CTSH

Cognizant's stock price declined following the announcement of its Q4 financial results and future guidance.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:21 pm

YUMC

Yum China's stock price increased following the announcement of its Q4 financial results and a dividend hike.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:21 pm

ENPH

Enphase Energy's stock is trading higher following the announcement of their Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:21 pm

SNAP

Snap Inc. shares are trading lower following the announcement of mixed Q4 financial results. The company's performance in the last quarter has led to a decrease in its stock price.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:20 pm

CMG

Chipotle Mexican Grill's shares surged following the announcement of impressive Q4 financial results, future guidance, and a share repurchase program valued at up to $200 million.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:19 pm

YUMC

Yum China Holdings, Inc. (NYSE:YUMC) shares surged over 14% in premarket trading following strong fourth-quarter results, a $1.25 billion stock buy-back announcement, and a 23% increase in cash dividend. The company reported a 21% rise in system sales, a 170% jump in operating profit, and a 324% increase in core operating profit. Yum China plans to open 1,500 to 1,700 new stores by 2026 and return at least $3 billion to shareholders. Despite this, JP Morgan downgraded Yum China to Neutral from Overweight.

Portfolio Pulse from Nabaparna Bhattacharya

February 07, 2024 | 1:19 pm

FTNT

Fortinet shares surged following the announcement of their Q4 financial results, which exceeded expectations. The company also provided positive guidance for the future.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:19 pm

TWIN

Twin Disc shares are trading higher following the announcement of their second-quarter FY24 financial results.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:18 pm

MSCI

MSCI Inc. has announced the acquisition of London-based Foxberry, a provider of front-office index technology, to expand its custom index offering. The integration of Foxberry's foxf9 platform will enhance MSCI's index customization solutions, aiming to meet the demand for tailored portfolios. The financial terms were not disclosed, and the transaction is expected to close in Q2 2024, pending regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:18 pm

FOX

FOXA

Fox Corporation's shares are experiencing an uptick following the announcement of their Q2 FY24 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:15 pm