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CMAX

Trading halt status was updated at 8:55:00 AM ET, indicating a resumption of quotations. The update likely pertains to the company CMAX, suggesting that trading activities for CMAX are set to resume following a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 1:55 pm

TCRT

Trading status for TCRT was updated at 8:55:00 AM ET, indicating a resumption of quotations, news, and trading times.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 1:55 pm

ROK

Rockwell Automation, Inc. (NYSE:ROK) reported Q1 results below expectations with sales of $2.05 billion and adjusted EPS of $2.04, missing consensus estimates. Despite a decline in Intelligent Devices sales, Software & Control, and Lifecycle Services saw growth. The company reaffirmed its full-year adjusted EPS and sales growth guidance. Shares fell 17.6% following the announcement. Analysts from Daiwa Capital and Wells Fargo adjusted their price targets post-earnings.

Portfolio Pulse from Avi Kapoor

February 01, 2024 | 1:52 pm

DKNG

DVN

SSD

STWD

WWD

Jim Cramer discussed several stocks on CNBC's 'Mad Money Lightning Round,' praising Woodward, Inc. (WWD) for its better-than-expected Q1 financial results. He disagreed with Starwood CEO's negative outlook on commercial real estate, mentioning Starwood Property Trust, Inc. (STWD). Cramer called Simpson Manufacturing Co., Inc. (SSD) a good stock to own and showed preference for DraftKings Inc. (DKNG) over Super Group (SGHC) Limited. He also recommended buying Devon Energy Corporation (DVN) shares.

Portfolio Pulse from Avi Kapoor

February 01, 2024 | 1:51 pm

ETN

Eaton Corporation's shares experienced an increase following the announcement of their fourth-quarter financial results, which surpassed expectations. Additionally, the company provided guidance for the first quarter and full year of 2024, contributing to the positive market reaction.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 1:47 pm

NDAQ

Nasdaq Inc. (NASDAQ:NDAQ) shares fell by 1.33% to $57.00 in the current market session, reflecting a 1.73% increase over the past month but a 5.86% decrease over the past year. The company's P/E ratio of 27.77, compared to the Capital Markets industry average of 42.74, suggests it may be undervalued or expected to underperform by shareholders.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 1:45 pm

PH

Parker-Hannifin's stock is trading higher following the announcement of their Q2 financial results, which exceeded expectations. Additionally, the company has increased its guidance for FY24, signaling stronger future performance.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 1:44 pm

RACE

Ferrari's stock is on the rise following the announcement of its Q4 and 2023 financial results, along with its guidance for 2024.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 1:43 pm

PAYS

PCSA

RLMD

Insiders at Relmada Therapeutics, Processa Pharmaceuticals, and PaySign have recently made significant stock purchases. These transactions indicate insider confidence in the companies' prospects. Processa Pharmaceuticals announced a public offering, Relmada Therapeutics reported a narrower quarterly loss, and PaySign posted better-than-expected sales.

Portfolio Pulse from Avi Kapoor

February 01, 2024 | 1:42 pm