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EVAX

SNOA

TRIB

TSVT

VXRT

During Wednesday's intraday session, several healthcare stocks experienced significant movements. Sonoma Pharmaceuticals (SNOA) led the gainers with a 36.0% increase, while Evaxion Biotech (EVAX) saw the largest decline among the losers, dropping 33.1%. Other notable movers included 2seventy bio (TSVT), Vaxart (VXRT), and Trinity Biotech (TRIB) with substantial gains, and SINTX Techs (SINT), Owlet (OWLT), and NexImmune (NEXI) with notable losses.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:31 pm

MNTS

NVVE

PLUG

POWL

ROK

TSP

In Wednesday's intraday session, several industrial stocks experienced significant movements. Powell Industries (POWL) saw a sharp increase of 49.9% after Q1 earnings release. Momentus (MNTS), Plug Power (PLUG), Agrify (AGFY), Baiyu Holdings (BYU), and Jet AI (JTAI) also gained. Conversely, Nuvve Holding (NVVE), TuSimple Hldgs (TSP), American Superconductor (AMSC), Rockwell Automation (ROK), AgEagle Aerial Sys (UAVS), and WANG & LEE Group (WLGS) faced declines, with ROK dropping after its Q1 earnings report.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:31 pm

BTOG

EXTR

MARK

MINM

PHUN

RTC

SNCR

WAVD

In Wednesday's intraday session, several IT stocks experienced significant movements. Minim (MINM) saw a 66.9% increase, while Remark Holdings (MARK) dropped 43.5%. Extreme Networks (EXTR) fell 17.01% after their Q2 earnings report. Other notable gainers include Phunware (PHUN), Bit Origin (BTOG), and WaveDancer (WAVD), while losers include Baijiayun Group (RTC) and Synchronoss Technologies (SNCR).

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:31 pm

ADBE

MCD

On CNBC, Rob Sechan, a well-known investor, has increased his position in Adobe Inc. (ADBE) while reducing his stake in McDonald's Corporation (MCD).

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 5:30 pm

EBAY

VRSK

On CNBC, Rob Sechan, a financial analyst, disclosed his recent purchases of Verisk Analytics Inc. (VRSK) and eBay Inc. (EBAY) stocks. This information could influence investor sentiment and potentially impact the stock prices of these companies.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 5:28 pm

ADP

Automatic Data Processing, Inc. (ADP) reported Q2 revenues of $4.67 billion, slightly above the consensus of $4.66 billion, and a 6% Y/Y increase. Adjusted EPS was $2.13, surpassing the $2.10 analyst consensus. Adjusted EBIT rose 7% to $1.1 billion, with a margin increase to 24.6%. Net earnings grew 8% Y/Y to $878.4 million. ADP reiterated its FY24 outlook with revenue growth of 6%-7% and adjusted EPS growth of 10%-12%. ADP shares rose 3.37% to $246.64. Over the past 5 years, ADP's revenue grew at 6.44% annually, with shares outperforming the S&P 500 and the Industrials sector.

Portfolio Pulse from Anusuya Lahiri

January 31, 2024 | 5:25 pm

FTV

Fortive Corporation's stock (FTV) is trading higher after the company reported Q4 results that exceeded expectations.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 5:24 pm

SPY

TSLA

A Delaware judge voided Elon Musk's 2018 Tesla compensation plan, which could affect his wealth. The plan tied earnings to Tesla's performance metrics. Since the plan's announcement, Tesla shares have soared, offering a 676.8% return on a $1,000 investment. In contrast, the same investment in SPY would have returned 90.5%. Musk and Tesla may appeal the ruling.

Portfolio Pulse from Chris Katje

January 31, 2024 | 5:21 pm

ABBV

TEVA

Teva Pharmaceutical Industries' CEO, Francis, has stated that the company still anticipates launching a near copy of Humira in the U.S., despite AbbVie's current hold of approximately 99% of the market in 2023.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 5:21 pm

JCI

Shares of Johnson Controls International (JCI) are trading lower due to a series of analyst downgrades.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 5:21 pm