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EXPE

Expedia Group (NASDAQ:EXPE) has delivered an average annual return of 19.15% over the past 15 years, outperforming the market by 6.14% on an annualized basis. With a current market capitalization of $18.00 billion, a $100 investment in EXPE 15 years ago would be worth $1,371.31 today.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:00 pm

RBC

Over the past 15 years, RBC Bearings (NYSE:RBC) has produced an average annual return of 19.89%, outperforming the market by 6.87% annually. With a current market capitalization of $7.86 billion, a $1000 investment in RBC Bearings 15 years ago would now be worth $15,801.50. This showcases the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 5:00 pm

ULCC

Frontier shares are experiencing an uptick following reports that the airline is concentrating its efforts on expanding in high-fare markets, which could potentially enhance its revenue and profitability.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 4:54 pm

MVST

Microvast Holdings Inc (NASDAQ:MVST) reported Q4 financial results with a 61.4% year-over-year revenue increase to $104.58 million, surpassing estimates. Despite beating adjusted EPS estimates, the company's weak Q1 guidance, expecting revenue between $65 million to $75 million versus estimates of $132.84 million, led to a 31.7% drop in its stock price. Oppenheimer analyst Colin Rusch maintained an Outperform rating but lowered the price target from $8 to $4.

Portfolio Pulse from Adam Eckert

April 02, 2024 | 4:51 pm

GME

GameStop Corp (NYSE:GME) shares dropped 3.6% to $11.56, hitting a new 52-week low, following a report of worse-than-expected Q4 financial results. The company's Q4 net sales were $1.794 billion, a decline from $2.226 billion the previous year, and below the consensus estimate of $2.05 billion. Earnings per share were also below expectations at 22 cents, compared to the anticipated 29 cents. The full fiscal year sales also decreased from $5.927 billion to $5.273 billion.

Portfolio Pulse from Henry Khederian

April 02, 2024 | 4:51 pm

EDR

Trading of Endeavor Group shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 4:49 pm

ACB

CGC

Aurora Cannabis Inc. (NASDAQ:ACB) and Canopy Growth Corporation (NASDAQ:CGC) stocks are trading higher after Florida's Supreme Court ruled to allow a recreational marijuana legalization initiative on the November ballot. The stocks have rallied significantly, with Aurora up more than 50% and Canopy Growth over 160% in the past month, amid legalization in Germany and hopes of rescheduling in the U.S. Technical analysis suggests Aurora's stock could see bullish trends based on its moving average.

Portfolio Pulse from Erica Kollmann

April 02, 2024 | 4:49 pm

STRO

Sutro Biopharma Inc (NASDAQ:STRO) shares dropped 2.8% to $5.18 after announcing a $75 million underwritten offering of 14,478,764 shares at $5.18 each. The offering, closing around April 4, is led by healthcare-focused investors. Funds will support research, development, and potential acquisitions. BofA Securities is the book-runner. Wall Street views STRO as an Outperform, with a notable analyst predicting a 33.33% fall. The stock has risen 14.01% in the past 3 months, with revenue up 1217.44% over the past year.

Portfolio Pulse from Henry Khederian

April 02, 2024 | 4:46 pm

PENN

PENN Entertainment (NASDAQ:PENN) has seen a significant surge in options activity, with a mix of bearish and bullish sentiments among big-money traders. The options scanner revealed 8 unusual trades, split between puts and calls, indicating a targeted price range of $16.5 to $22.5. The company operates 43 properties across 20 states, with a focus on land-based casinos and digital wagering markets. Despite a recent price drop of -2.57% to $17.8, analysts have a positive outlook, with an average target price of $29.0.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:46 pm

CCL

A significant bearish sentiment has been observed in Carnival's (NYSE:CCL) options market, with a notable volume of put options compared to calls. The options activity suggests a price range of $12.0 to $25.0 for CCL. Despite this, professional analysts have issued optimistic ratings, with a consensus target price of $24.0. The company, being the largest global cruise operator, has rebounded to its pre-COVID guest levels in 2023.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 4:46 pm