Benzinga · Apr 10, 2023
U.S. stocks traded mixed toward the end of trading, with the Dow Jones turning higher on Monday.
The Dow traded up 0.03% to 33,496.17 while the NASDAQ fell 0.30% to 12,052.14. The S&P 500, also fell, dropping, 0.19% to 4,097.15.
Check This Out: Top 5 Utilities Stocks That You May Want To Dump In Q2
Leading and Lagging Sectors
Energy shares rose by 0.9% on Monday. Meanwhile, top gainers in the sector included Communication Services (NASDAQ: BANL), up 18%, and Verde Clean Fuels, Inc. (NASDAQ: VGAS), up 8%.
In trading on Monday, communication services fell by 0.8%.
Top Headline
Greenbrier Companies Inc (NYSE: GBX) reported solid Q2 results and raised FY23 outlook.
The company reported second-quarter FY23 sales growth of 64% year-on-year, to $1.12 billion, beating the consensus of $782.27 million. Adjusted EPS of $0.99 beat the analyst consensus of $0.36.
Equities Trading UP
Arrival (NASDAQ: ARVL) shares shot up 22% to $0.1494 after the company announced a business combination with Kensington Capital Acquisition Corp. V.
Shares of Ebix, Inc. (NASDAQ: EBIX) got a boost, ...
Benzinga · Apr 10, 2023
U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping over 100 points on Monday.
The Dow traded down 0.10% to 33,450.96 while the NASDAQ fell 0.93% to 11,975.59. The S&P 500, also fell, dropping, 0.57% to 4,081.50.
Check This Out: Top 5 Utilities Stocks That You May Want To Dump In Q2
Leading and Lagging Sectors
Energy shares rose by 0.9% on Monday. Meanwhile, top gainers in the sector included Communication Services (NASDAQ: BANL), up 16%, and YPF Sociedad Anónima (NYSE: YPF), up 10%.
In trading on Monday, communication services fell by 1.2%.
Top Headline
Wholesale inventories in the U.S. rose 0.1% from a month ago in February, compared to the preliminary estimate of a 0.2% increase and compared to a revised 0.6% drop in January.
Equities Trading UP
Arrival (NASDAQ: ARVL) shares shot up 33% to $0.1626 after the company announced a business combination with Kensington Capital Acquisition Corp. V.
Shares of Ebix, Inc. (NASDAQ: EBIX) got a boost, shooting 19% to $15.52. Ebix named executive Amit K. ...
Benzinga · Mar 22, 2023
Gainers
Virgin Orbit Holdings, Inc. (NASDAQ: VORB) shares rose 81.2% to $0.8032 in pre-market trading. Richard Branson's Virgin Orbit is nearing a deal for a $200 million investment from Texas-based Venture Capital investor Matthew Brown via a private share placement, according to a term sheet.
GameStop Corp. (NYSE: GME) climbed 43.7% to $25.37 in pre-market trading after the company reported better-than-expected Q4 results.
Diebold Nixdorf, Incorporated (NYSE: DBD) gained 23.1% to $0.9746 in pre-market trading. Diebold Nixdorf confirms closing on $55 million of additional liquidity.
Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH) gained 22.1% to $0.88 in pre-market trading after dropping 13% on Tuesday.
Pyxis Oncology, Inc. (NASDAQ: PYXS) rose 21.4% to $2.67 in pre-market after dropping around 7% on Tuesday.
Blue Water Vaccines, Inc. (NASDAQ: BWV) gained 16.2% to $1.22 in pre-market trading. Blue Water Vaccines recently posted upbeat FY22 earnings.
Telesis Bio, Inc. (NASDAQ: TBIO) shares rose 12.2% to $2.48 in pre-market trading following better-than-expected Q4 results.
Hempacco ...
Benzinga · Mar 20, 2023
Upgrades
According to Seaport Global, the prior rating for Sonoco Products Co (NYSE:SON) was changed from Neutral to Buy. Sonoco Prods earned $1.27 in the fourth quarter, compared to $0.90 in the year-ago quarter. The stock has a 52-week-high of $67.06 and a 52-week-low of $51.63. At the end of the last trading period, Sonoco Prods closed at $54.10.
According to Maxim Group, the prior rating for Panbela Therapeutics Inc (NASDAQ:PBLA) was changed from Hold to Buy. Panbela Therapeutics earned $5.68 in the fourth quarter, compared to $10.40 in the year-ago quarter. At the moment, the stock has a 52-week-high of $87.60 and a 52-week-low of $0.41. Panbela Therapeutics closed at $0.51 at the end of the last trading period.
Northcoast Research upgraded the previous rating for Live Nation Entertainment Inc (NYSE:LYV) from Neutral to Buy. For the fourth quarter, Live Nation Entertainment had an EPS of $1.09, compared to year-ago quarter EPS of $0.96. The current stock performance of Live Nation Entertainment shows a 52-week-high of $121.17 and a 52-week-low of $65.11. Moreover, at the end of the last trading period, the closing price was at $66.34.
US Tiger Securities, Inc upgraded the previous rating for Coinbase Global Inc (NASDAQ:COIN) from Hold to Buy. In the fourth quarter, Coinbase Glb showed an EPS of $2.46, compared to $3.32 from the year-ago quarter. The current stock performance of Coinbase Glb shows a 52-week-high of $206.78 and a 52-week-low of $31.55. Moreover, at the end of the last trading period, the closing price was at $74.98.
Exane BNP Paribas upgraded the previous rating for The Beauty Health Co (NASDAQ:SKIN) from Underperform to Neutral. Beauty Health earned $0.05 in the fourth quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $19.37 and a 52-week-low of $8.26. Beauty Health closed at $11.31 at the end of the last trading period.
Northcoast Research upgraded the previous rating for The Kroger Co (NYSE:KR) from Neutral to Buy. In the fourth quarter, Kroger showed an EPS of $0.99, compared to $0.91 from the year-ago quarter. The stock has a 52-week-high of $62.74 and a 52-week-low of $41.81. At the end of the last trading period, Kroger closed at $46.78.
According to B of A Securities, the prior rating for NRG Energy Inc (NYSE:NRG) was changed from Neutral to Buy. NRG Energy earned $4.56 in the fourth quarter, compared to $1.74 in the year-ago quarter. At the moment, the stock has a 52-week-high of $47.78 and a 52-week-low of $30.25. NRG Energy closed at $31.48 at the end of the last trading period.
Wolfe Research upgraded the previous rating for United States Steel Corp (NYSE:X) from Underperform to Peer Perform. For the fourth quarter, United States Steel had an EPS of $0.87, compared to year-ago quarter EPS of $3.64. At the moment, the stock has a 52-week-high of $39.24 and a 52-week-low of $16.42. United States Steel closed at $23.97 at the end of the last trading period.
For Cleveland-Cliffs Inc (NYSE:CLF), Wolfe Research upgraded the previous rating of Underperform to Peer Perform. In the fourth quarter, Cleveland-Cliffs showed an EPS of $0.30, compared to $1.78 from the year-ago quarter. At the moment, the stock has a 52-week-high of $34.03 and a 52-week-low of $11.82. Cleveland-Cliffs closed at $17.36 at the end of the last trading period.
According to Redburn Partners, the prior rating for Verisk Analytics Inc (NASDAQ:VRSK) was changed from Sell to Neutral. For the fourth quarter, Verisk Analytics had an EPS of $1.43, compared to year-ago quarter EPS of $1.47. The current stock performance of Verisk Analytics shows a 52-week-high of $222.11 and a 52-week-low of $156.07. Moreover, at the end of the last trading period, the closing price was at $180.07.
Benchmark upgraded the previous rating for Aspen Aerogels Inc (NYSE:ASPN) from Hold to Buy. Aspen Aerogels earned $0.20 in the fourth quarter, compared to $0.50 in the year-ago quarter. The current stock performance of Aspen Aerogels shows a 52-week-high of $38.00 and a 52-week-low of $6.37. Moreover, at the end of the last trading period, the closing price was at $6.81.
William Blair upgraded the previous rating for VF Corp (NYSE:VFC) from Sell to Buy. For the third quarter, VF had an EPS of $1.12, compared to year-ago quarter EPS of $1.35. The current stock performance of VF shows a 52-week-high of $60.02 and a 52-week-low of $20.14. Moreover, at the end of the last trading period, the closing price was at $21.42.
For Brookfield Corp (NYSE:BN), Credit Suisse upgraded the previous rating of Neutral to Outperform. For the fourth quarter, Brookfield had an EPS of $1.12, compared to year-ago quarter EPS of $1.04. The stock has a 52-week-high of $48.17 and a 52-week-low of $28.25. At the end of the last trading period, Brookfield closed at $28.62.
According to Citigroup, the prior rating for WestRock Co (NYSE:WRK) was changed from Neutral to Buy. For the first quarter, WestRock had an EPS of $0.55, compared to year-ago quarter EPS of $0.65. The stock has a 52-week-high of $54.76 and a 52-week-low of $26.84. At the end of the last trading period, WestRock closed at $27.07.
Bernstein upgraded the previous rating for PepsiCo Inc (NASDAQ:PEP) from Underperform to Market Perform. PepsiCo earned $1.67 in the fourth quarter, compared to $1.53 in the year-ago quarter. The current stock performance of PepsiCo shows a 52-week-high of $186.81 and a 52-week-low of $154.86. Moreover, at the end of the last trading period, the closing price was at $175.13.
Wedbush upgraded the previous rating for New York Community Bancorp Inc (NYSE:NYCB) from Neutral to Outperform. New York Community earned $0.25 in the fourth quarter, compared to $0.31 in the year-ago quarter. The current stock performance of New York Community shows a 52-week-high of $11.29 and a 52-week-low of $5.81. Moreover, at the end of the last trading period, the closing price was at $6.54.
Edward Jones upgraded the previous rating for Meta Platforms Inc (NASDAQ:META) from Hold to Buy. ...Full story available on Benzinga.com
