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LFMD

LifeMD Inc. forecasts its 2024 revenue to be between $195 million and $205 million, surpassing the estimated $181.18 million.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:07 pm

AMAM

HARP

LMDX

In Monday's pre-market session, several healthcare stocks experienced significant movements. Harpoon Therapeutics (HARP) saw a 110.9% increase, while Ambrx Biopharma (AMAM) rose by 101.76%. Vincerx Pharma (VINC) and Ampio Pharmaceuticals (AMPE) also gained, with increases of 52.54% and 27.52%, respectively. Cyclacel Pharmaceuticals (CYCC) and Axonics (AXNX) both saw their stocks rise by over 20%. Conversely, LumiraDx (LMDX) dropped by 32.6%, and other stocks such as Sharps Technology (STSS), Ainos (AIMD), Biofrontera (BFRI), Elevation Oncology (ELEV), and Cytokinetics (CYTK) also experienced declines.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 1:06 pm

BLNK

BTM

PXS

SPR

In Monday's pre-market session, several industrial stocks showed significant movement. Bitcoin Depot (BTM) and Pyxis Tankers (PXS) were among the gainers, with shares rising 9.2% and 9.17%, respectively. Jet AI (JTAI), Vertical Aerospace (EVTL), Desktop Metal (DM), and Blink Charging (BLNK) also saw their stocks move upwards. On the losing side, Spirit AeroSystems Holdings (SPR) shares dropped 16.9%, while Multi Ways Holdings (MWG), Northann (NCL), Boeing (BA), Himalaya Shipping (HSHP), and Alaska Air Group (ALK) experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 1:06 pm

AIRE

AIXI

ARBB

INSG

SPEC

In Monday's pre-market session, several information technology stocks showed significant movement. Spectaire Holdings (SPEC) saw a notable increase of 77.4%, while ReAlpha Tech Corp (AIRE) and Inseego (INSG) also experienced gains. Conversely, ARB IOT Group (ARBB) and XIAO-I (AIXI) were among the stocks that faced declines. The movements reflect changes in investor sentiment and market dynamics affecting these companies.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 1:05 pm

ATRI

HARP

TOI

Three health care stocks, Harpoon Therapeutics, Inc. (HARP), The Oncology Institute, Inc. (TOI), and Atrion Corporation (ATRI), are showing signs of being overbought according to their RSI values, which could indicate a potential short-term price decline. HARP has an RSI of 84.16 and recently received an Outperform rating from Oppenheimer with a price target of $23. TOI, with an RSI of 70.43, expanded its pharmacy operations, while ATRI, with an RSI of 71.03, reported a year-over-year decrease in Q3 financial results due to order deferrals and component shortages.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 1:05 pm

ARRY

Wells Fargo analyst Michael Blum has downgraded Array Technologies (ARRY) from Overweight to Equal-Weight and reduced the price target from $22 to $19.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:04 pm

FSLR

Wells Fargo analyst Michael Blum has downgraded First Solar (NASDAQ:FSLR) from Overweight to Equal-Weight and reduced the price target from $215 to $187.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 1:02 pm

AMD

Advanced Micro Devices (NASDAQ:AMD) has received mixed analyst ratings over the past quarter, with a total of 10 bullish, 6 somewhat bullish, and 1 indifferent rating. The average 12-month price target for AMD is $144.59, with a high estimate of $200.00 and a low estimate of $98.00, marking a 2.79% increase from the previous average target of $140.67. Analysts from firms such as Melius Research, Mizuho, Keybanc, Goldman Sachs, B of A Securities, Rosenblatt, Stifel, Raymond James, Roth MKM, UBS, Truist Securities, Barclays, Wedbush, and Morgan Stanley have provided various actions ranging from maintaining to raising and lowering their ratings and price targets for AMD.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 1:00 pm

UNH

UnitedHealth Group (NYSE:UNH) has seen a 35.19% increase in short interest since its last report, with 6.73 million shares sold short, representing 0.73% of its float. The short interest is below the peer group average of 3.70%. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 1:00 pm

UBER

Uber Technologies (NYSE:UBER) has seen a 34.91% increase in short interest since its last report, with 73.59 million shares sold short, representing 3.71% of its float. The average time to cover these short positions is 1.07 days. While an increase in short interest can indicate bearish sentiment, it does not necessarily predict a near-term price drop. Uber's short interest is below its peer group average of 12.25%.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 1:00 pm