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Stock Prices

CZOO

Cazoo Group's shares experienced significant volatility, leading to a trading halt after triggering a circuit breaker. Once trading resumed, the shares were halted again due to another circuit breaker, with the stock price ultimately falling by 51%.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 2:54 pm

NXE

NexGen Energy's stock is trading lower following the announcement of a binding term sheet with MMCap International Inc. for the acquisition of 2,702,410 pounds of natural uranium concentrate at a cost of $250 million.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 2:53 pm

CRUS

Cirrus Logic, Inc. (NASDAQ:CRUS) saw its stock price rise after reporting Q4 earnings that exceeded analyst expectations. The company posted an adjusted EPS of $1.24, surpassing estimates of 64 cents, and reported sales of $371.8 million, beating estimates of $316.522 million but slightly down from the previous year. Cirrus Logic also provided Q1 revenue guidance in the range of $290 million to $350 million, compared to estimates of $302.68 million. Following these results, Susquehanna and Stifel raised their price targets for CRUS.

Portfolio Pulse from Dylan Berman

May 08, 2024 | 2:53 pm

BHF

Brighthouse Financial's stock is trading lower due to mixed results in their Q1 earnings report.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 2:49 pm

CZOO

Cazoo Group's shares resumed trading and experienced a decline. This movement follows a temporary halt in trading, and the resumption has led to a decrease in the stock price.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 2:49 pm

ABNB

Airbnb Inc (NASDAQ:ABNB) is set to report its Q1 financial results, with analysts expecting revenue of $2.06 billion and earnings per share of 24 cents. The company has a history of beating revenue and earnings estimates, and guidance for Q1 revenue is between $2.03 billion and $2.07 billion. Analysts highlight Airbnb's investments in becoming a travel icon, with expectations of a strong Q1 performance due to resilient travel demand. KeyBanc and Mizuho Securities provide insights on growth opportunities and EBITDA potential from sponsored listings, respectively. Other analyst ratings vary, with price targets ranging from $127 to $200. Key items for investors include consumer demand, nights booked, and potential impacts from a solar eclipse and growth in the Asia-Pacific region. Airbnb shares are currently trading at $157.09, up 27% over the last year.

Portfolio Pulse from Chris Katje

May 08, 2024 | 2:46 pm

EIS

SPY

U.S. Defense Secretary Austin announced a pause in some weapons assistance for Israel, stating a review is underway in light of recent events in Rafah. This move could have implications for defense contractors and broader market sentiment.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 2:45 pm

HASI

Hannon Armstrong (HASI) shares are trading higher after the company reported mixed Q1 results, indicating a positive market reaction despite the mixed financial performance.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 2:45 pm

ELAN

Elanco Animal Health's stock is trading higher due to surpassing Q1 earnings expectations.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 2:44 pm

LYFT

Lyft's stock price increased after the company reported first-quarter results that surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 2:44 pm