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EDVMF

Endeavour Mining (OTC:EDVMF) exceeded its 2023 production guidance with 1.1 million ounces of gold and $266 million in shareholder returns. The company is advancing with its Sabodala-Massawa and Lafigue mines, expecting production starts in Q2 2024 and Q2 2023, respectively. Despite positive developments and high gold prices, Endeavour's stock has fallen -23% YTD amid CEO dismissal over misconduct and a strike at the Houndé mine in Burkina Faso, which may affect 2024's production.

Portfolio Pulse from Stjepan Kalinic

January 24, 2024 | 4:17 pm

ELV

Elevance Health Inc (NYSE:ELV) reported Q4 2023 revenues of $42.45 billion, a 7% increase Y/Y, surpassing consensus estimates. Adjusted EPS was $5.62, slightly missing the $5.64 consensus. Profit declined 1% Y/Y to $856 million. Membership dropped by 570,000, with Medicaid enrollment down by over 1 million. The company increased its quarterly dividend by 10.1% to $1.63 per share and provided a 2024 outlook with flat-to-low-single digit revenue growth and adjusted EPS of over $37.10. ELV shares rose 2.53% to $484.13.

Portfolio Pulse from Vandana Singh

January 24, 2024 | 4:15 pm

LRN

Barrington Research analyst Alexander Paris has maintained an Outperform rating on Stride Inc. (NYSE:LRN) and increased the price target from $70 to $75. This adjustment suggests a positive outlook on the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 4:09 pm

GETR

Getaround Inc (NYSE:GETR) stock surged 139% to $0.44 after securing a new debt facility with Mudrick Capital Management for up to $20 million. The funding supports Getaround's 2024 operating plan, with an initial draw of $5 million. This follows strong Q3 2023 results, with 42% revenue growth and a 52% trip contribution margin. Getaround also launched a new global app and website, and Jason Mudrick joined the board. Ahmed Fattouh stepped down from the board following the funding.

Portfolio Pulse from Henry Khederian

January 24, 2024 | 4:07 pm

JL

Shares of J-Long resumed trading but were halted again due to a circuit breaker being triggered, this time due to a downward move in the stock price.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 4:07 pm

NXU

Nxu, Inc. (NASDAQ:NXU) stock is surging after the company announced securing patents for a locking mechanism in its NxuOne charging handle and a thermal management solution for EV batteries. The news has led to heavy trading volume, with over 20.56 million shares traded, far exceeding the 100-day average of 588,000 shares. The stock's significant short interest of 11.57% may also be amplifying the price movement. At the time of publication, NXU shares have risen 13% to $1.43.

Portfolio Pulse from Erica Kollmann

January 24, 2024 | 4:06 pm

MMM

RBC Capital analyst Deane Dray has maintained an Underperform rating on 3M (NYSE:MMM) while raising the price target from $83 to $87.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 4:04 pm

RR

Richtech Robotics shares have resumed trading. There is no additional context provided in the news article regarding the reason for the halt or the implications of the resumption.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 4:03 pm

BZUN

Baozun Inc. has announced a $20 million share repurchase program, leading to an increase in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 4:02 pm

AJG

Arthur J. Gallagher (NYSE:AJG) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $1.85. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, AJG's stock price has shown minor negative reactions to earnings beats. Shares are currently trading at $239.68, with a 22.01% increase over the last 52 weeks, indicating a bullish sentiment among long-term shareholders.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 4:01 pm