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ALAR

ARBK

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CMBM

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OPTX

WRAP

In Tuesday's intraday session, several information technology stocks experienced significant movements. MicroCloud Hologram (HOLO) saw a 31.8% increase, while Wrap Technologies (WRAP) rose by 26.2%. Juniper Networks (JNPR) increased by 22.51%, SEALSQ (LAES) by 22.3%, Alarum Technologies (ALAR) by 21.4%, and Syntec Optics Holdings (OPTX) by 15.06%. On the downside, Aurora Mobile (JG) dropped by 18.7%, Argo Blockchain (ARBK) by 13.58%, GSE Systems (GVP) by 10.38%, Akerna (KERN) by 9.8%, Bitdeer Technologies (BTDR) by 9.29%, and Cambium Networks (CMBM) by 9.06%.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 5:31 pm

VUZI

Vuzix Corporation (NASDAQ:VUZI) announced the introduction of the Vuzix Z100 smart glasses, designed to connect workers with AI optimization tools. The Z100, which is safety glasses certified, offers a sleek design for all-day wear and pairs with Android or iOS devices via Bluetooth. It features advanced monocular waveguide optics and a micro display engine to provide a transparent, monochrome image that delivers important information hands-free. The Z100 is aimed at enterprise customers and will be showcased at CES 2024. Vuzix anticipates interest from various market verticals for this fashionable and lightweight productivity device.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:30 pm

USO

The U.S. Energy Information Administration forecasts a decline in OPEC+ crude oil production by 600,000 barrels per day in 2024. This projection could influence global oil supply and prices.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:30 pm

Ingersoll Rand (NYSE:IR) has delivered an impressive average annual return of 28.01% over the past 5 years, outperforming the market by 15.01% on an annualized basis. A $100 investment in IR five years ago would now be worth $332.94. The company's current market capitalization stands at $30.61 billion.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 5:30 pm

PWR

Quanta Services (NYSE:PWR) has significantly outperformed the market, with an average annual return of 44.67% over the past 5 years. A $1000 investment in PWR 5 years ago would now be worth $6,296.90. The company's market capitalization stands at $29.73 billion.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 5:30 pm

LDI

LoanDepot's stock (LDI) is trading lower following a downgrade by Goldman Sachs from Neutral to Sell, despite an increase in the price target from $1.75 to $3.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:28 pm

TLRY

Tilray Brands' stock is trading lower due to the company reporting Q2 revenue results that fell short of expectations. However, the company has maintained its adjusted EBITDA guidance for FY24.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:27 pm

SRPT

Sarepta Therapeutics' stock is trading higher following the announcement of their expected preliminary net product revenues for Q4.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:21 pm

OFIX

Orthofix Medical's stock is trading higher following the company's announcement of preliminary Q4 and FY23 net sales guidance that exceeded analysts' expectations.

Portfolio Pulse from Benzinga Newsdesk

January 09, 2024 | 5:20 pm

EOSE

TTI

Eos Energy Enterprises, Inc. (EOSE) has expanded its collaboration with TETRA Technologies, Inc. (TTI), making TETRA the primary strategic supplier for Eos's Eos Z3 energy storage cube. The agreement, which is for four years and extendable, includes at least 75% supply of electrolyte product needs with favorable pricing and cost-saving methodologies. The partnership aims to scale production, reduce costs, and enhance battery performance as demand for Long Duration Energy Storage increases. EOSE shares dropped by 5.32% to $0.9450, and TTI shares fell by 1.61% to $4.27.

Portfolio Pulse from Akanksha Bakshi

January 09, 2024 | 5:20 pm