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EVA

Enviva Inc.

https://www.envivabiomass.com

Industry

Paper, Lumber & Forest Products

Enviva Inc. produces and sells utility-grade wood pellets. The company's products are used as a substitute for coal in power generation, and combined heat and power plants. It serves power generators in the United Kingdom, Europe, and Japan. The company was formerly known as Enviva Partners, LP. Enviva Inc. was incorporated in 2013 and is headquartered in Bethesda, Maryland.

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U.S. stocks traded higher with the Dow Jones gaining around 200 points. Abercrombie & Fitch Co. (ANF) reported Q4 earnings above expectations. Aptorum Group (APM) announced a merger with YOOV Group, and Airship AI Holdings (AISP) surged after winning a Department of Justice contract. Enviva Inc. (EVA) also saw significant gains. Conversely, Entravision Communications (EVC), Neptune Wellness Solutions (NEPT), and Heart Test Laboratories (HSCS) experienced notable declines.

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 2:49 pm

CrowdStrike Holdings, Inc. (CRWD) shares surged 24.4% in pre-market trading after reporting better-than-expected Q4 earnings and revenues, and issuing upbeat FY25 guidance. Other stocks also moved significantly in pre-market trading, with notable gainers including NKGen Biotech, Inc. (NKGN), Marpai, Inc. (MRAI), and Airship AI Holdings, Inc. (AISP). Losers included Entravision Communications Corporation (EVC) and Heart Test Laboratories, Inc. (HSCS).

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 1:14 pm

SOPHiA GENETICS shares fell by 19% after reporting Q4 earnings below expectations and issuing weak 2024 guidance. Other stocks showed significant movement, with Sunshine Biopharma, Airship AI Holdings, and AeroVironment among the top gainers, while Quoin Pharmaceuticals, Crawford & Company, and Ekso Bionics led the losers.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 6:11 pm

Fluor Corporation's shares fell by 7.7% following its Q4 results, with earnings beating estimates but sales missing expectations. Other stocks moved significantly in Tuesday's session, with notable gainers including TRxADE HEALTH, AgriFORCE Growing Systems, and Monopar Therapeutics, among others, due to various positive announcements. Losers included RAPT Therapeutics, MicroCloud Hologram, and Summit Therapeutics, primarily due to negative news or disappointing results.

Portfolio Pulse from Avi Kapoor

February 20, 2024 | 6:21 pm

Discover Financial Services (DFS) shares rose by 11% in pre-market trading after Capital One Financial Corp (COF) announced plans to acquire DFS in a $35.3 billion all-stock deal, offering a 26% premium over DFS's last closing price. Other stocks showed significant pre-market movements, with notable gainers including AgriFORCE Growing Systems (AGRI) and Shineco, Inc. (SISI), and losers like Universe Pharmaceuticals INC (UPC) and MicroCloud Hologram Inc. (HOLO).

Portfolio Pulse from Avi Kapoor

February 20, 2024 | 1:09 pm

Sony Group Corporation's shares fell by 6.3% after reporting Q3 financial results with sales growth of 22% and an EPS beat, but revised its FY23 sales outlook downwards. Other stocks showed significant movements, with notable gainers including Datasea Inc., Earlyworks Co., Ltd., and enGene Holdings Inc., and losers like Azitra, Inc., Ohmyhome Limited, and QuidelOrtho Corporation.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 6:18 pm

Enviva Inc (NYSE:EVA), the largest U.S. wood pellet exporter, is reportedly preparing to file for bankruptcy due to significant losses from speculative commodity pricing. The company missed a $24 million interest payment and is in a 30-day grace period expiring soon. Bondholders may extend this period or finance the Chapter 11 process. Enviva's shares have dropped 99% over the past year after a failed strategy led to substantial losses. The company, which operates ten plants and six marine terminals, is facing doubts about its ongoing viability.

Portfolio Pulse from Vandana Singh

February 14, 2024 | 5:37 pm

Nasdaq gained over 100 points with U.S. stocks trading higher. Kraft Heinz reported weaker-than-expected sales for its fourth quarter, missing sales expectations but beating earnings estimates. Datasea, Earlyworks, and Brera Holdings saw significant stock price increases, while Azitra, Enviva, and Ohmyhome experienced substantial declines. Enviva is reportedly preparing to file for bankruptcy.

Portfolio Pulse from Avi Kapoor

February 14, 2024 | 2:52 pm

Enviva, a leading wood pellet manufacturer, is reportedly preparing to file for bankruptcy in the coming days, according to sources cited by the Wall Street Journal. This development could have significant implications for the company's financial stability and stock price.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 8:48 pm

Panbela Therapeutics, Inc. (NASDAQ:PBLA) shares plummeted by 65.5% to $1.47 after announcing a public offering priced at approximately $9 million. Other stocks experienced significant movements in Monday's mid-day session, with various companies showing notable gains and losses. Gainers included Palisade Bio, Inc. (NASDAQ:PALI), OneMedNet Corporation (NASDAQ:ONMD), and Revelation Biosciences, Inc. (NASDAQ:REVB), among others. Losers featured SMX (Security Matters) Public Limited Company (NYSE:SMX), Inspire Veterinary Partners, Inc. (NASDAQ:IVP), and Bullfrog AI Holdings, Inc. (NASDAQ:BFRG), among others.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 7:09 pm

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