Streetbeat News

FLJ

XChange Tec.Inc.

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Shares of US-listed Chinese stocks are trading lower due to regional tension from China's military drills near Taiwan. Investors are also considering recent property support measures and US tariffs on some sectors.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 6:09 pm

Shares of XP Inc. (NASDAQ:XP) fell sharply by around 12% after reporting worse-than-expected first-quarter EPS results. XP posted earnings of 37 cents per share, missing estimates of 40 cents per share, but reported higher-than-expected sales of $818.79 million. Other stocks moving significantly include Akoustis Technologies, Inc. (NASDAQ:AKTS), Barnes & Noble Education, Inc. (NYSE:BNED), and Petco Health and Wellness Company, Inc. (NASDAQ:WOOF).

Portfolio Pulse from Avi Kapoor

May 22, 2024 | 5:28 pm

Urban Outfitters shares surged by 6.7% in pre-market trading after reporting better-than-expected Q1 earnings and sales. Several other stocks, including MGO Global, Barnes & Noble Education, and Mustang Bio, also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

May 22, 2024 | 12:16 pm

James Hardie Industries (NYSE:JHX) shares fell 14.3% after reporting worse-than-expected quarterly earnings and sales. JP Morgan downgraded the stock from Overweight to Neutral. Other notable movers include MGO Global (NASDAQ:MGOL) up 194% after Q1 results, and Greenwave Technology Solutions (NASDAQ:GWAV) down 60.5% after reporting a year-over-year decrease in Q1 results.

Portfolio Pulse from Avi Kapoor

May 21, 2024 | 5:36 pm

Virios Therapeutics shares fell 47.6% after pricing a $1.7 million public offering. Other notable movers include MultiMetaVerse Holdings, GT Biopharma, and Faraday Future Intelligent Electric, among others.

Portfolio Pulse from Avi Kapoor

May 20, 2024 | 5:28 pm

Wix.com Ltd. (NASDAQ:WIX) shares rose 6.9% in pre-market trading after the company posted better-than-expected Q1 earnings and raised its 2024 forecast. Other notable pre-market movers include MultiMetaVerse Holdings Limited (NASDAQ:MMV), Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE), and GT Biopharma, Inc. (NASDAQ:GTBP).

Portfolio Pulse from Avi Kapoor

May 20, 2024 | 12:09 pm

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) shares fell 14.4% after the company reduced its dividend and lowered its third and fourth-quarter expectations. Other notable stock movements include Fangdd Network Group Ltd. (NASDAQ:DUO) jumping 258.6% and GameStop Corp (NYSE:GME) falling 22.6% after releasing preliminary first-quarter results.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 6:18 pm

FLJ Group shares have resumed trading after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 4:01 pm

FLJ Group shares resumed trading and then halted on a circuit breaker due to a significant upward movement, with the stock now up by 266.7%.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 3:57 pm

FLJ Group shares were halted on a circuit breaker due to a significant upward movement, with the stock now up 218.8%.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 3:51 pm

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