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PAL

Proficient Auto Logistics Inc.

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Levi & Korsinsky has initiated an investigation into Proficient Auto Logistics, Inc. (NYSE:PAL) for potential violations of federal securities laws. This follows a report by PAL on its expected operating and financial metrics for Q3 2024.

Portfolio Pulse from

November 11, 2024 | 12:45 pm

Levi & Korsinsky has initiated an investigation into Proficient Auto Logistics, Inc. (NYSE:PAL) for potential violations of federal securities laws. This follows a report issued by PAL on October 16, 2024, regarding its expected operating and financial metrics for Q3 2024.

Portfolio Pulse from

November 08, 2024 | 6:00 pm

Johnson Fistel, LLP is investigating Proficient Auto Logistics, Inc. (PAL) for potential securities law violations related to misrepresentation or non-disclosure of adverse information, focusing on investor losses and possible recovery.

Portfolio Pulse from

November 07, 2024 | 10:00 pm

U.S. stocks rose with the S&P 500 gaining 0.08%. Gevo, Inc. secured a $1.46 billion DOE loan, boosting its stock by 18%. Nixxy, Inc. surged 52% after business updates. Iridium Communications rose 12% on strong earnings. Proficient Auto Logistics fell 28% due to poor earnings outlook. Cerus Corporation dropped 18% after program updates. Lucid Group fell 16% after announcing a new investment.

Portfolio Pulse from Avi Kapoor

October 17, 2024 | 6:12 pm

Barrington Research has maintained an 'Outperform' rating on Proficient Auto Logistics (NASDAQ:PAL) but has lowered the price target from $22 to $17.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 5:47 pm

U.S. stocks rose with the Nasdaq Composite gaining 0.5% as retail sales exceeded expectations. Gevo, Inc. surged 18% after securing a $1.46 billion DOE loan, while Nixxy, Inc. soared 116% on business updates. Iridium Communications rose 16% on strong earnings. Proficient Auto Logistics fell 23% due to expected lower net income, and Cerus Corporation dropped 20% after program updates. Lucid Group declined 15% following an investment announcement.

Portfolio Pulse from Avi Kapoor

October 17, 2024 | 4:45 pm

On Thursday, several industrial stocks experienced significant intraday movements. Staffing 360 Solutions, Nixxy, and ShiftPixy saw substantial gains, while Proficient Auto Logistics, Simpple, and WANG & LEE Group faced notable declines. Mesa Air Group's decline followed its Q3 earnings release.

Portfolio Pulse from Benzinga Insights

October 17, 2024 | 4:30 pm

Stifel analyst J. Bruce Chan maintains a Buy rating on Proficient Auto Logistics (NASDAQ:PAL) but lowers the price target from $21 to $18.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 2:48 pm

The article reports on the after-market movements of 12 industrial stocks, highlighting significant gainers and losers. Notable gainers include Nixxy, Turbo Energy, and Dragonfly Energy Holdings, while Proficient Auto Logistics and Simpple are among the biggest losers.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 8:30 pm

Proficient Auto Logistics (PAL) shares are trading lower following the company's announcement of expected significant degradation in Q3 net income due to reduced revenue and loss of operating leverage. Additionally, the Longshoremen strike may negatively impact unit volumes in Q4 and beyond.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 8:30 pm

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