Articles for category: Most Popular

Russ Cohen

Match Group's Q3 Earnings Beat Estimates, Revenues Up Y/Y

Match Group MTCH reported third-quarter 2024 earnings of 51 cents per share, beating the Zacks Consensus Estimate by 10.87%. The bottom line declined 10.5% compared to the year-ago quarter’s reported figure. Revenues of $895.48 million increased 1.5% year over year and missed the Zacks Consensus Estimate by 0.54%. On an FX-neutral basis, revenues increased 3% ...

Russ Cohen

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Mynaric AG (MYNA)

Law Offices of Howard G. Smith reminds investors of the upcoming December 30, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Mynaric AG (“Mynaric” or the “Company”) MYNA securities between June 20, 2024 and October 7, 2024, inclusive (the “Class Period”). Investors suffering losses on ...

Russ Cohen

NeurAxis Stock Surges After Strong Q3 Earnings and Expanded Coverage

Shares of NeurAxis, Inc. NRXS have gained 41.2% since it reported earnings for the quarter ended Sept. 30, 2024. This strong performance contrasts with the S&P 500 index, which saw a decline of 0.9% during the same period. Over the past month, NeurAxis stock has risen 17.7%, outperforming the S&P 500’s 2.1% gain. Financial Performance ...

Russ Cohen

Unpacking the Latest Options Trading Trends in NextNav

High-rolling investors have positioned themselves bullish on NextNav NN, and it’s important for retail traders to take note. \This activity came to our attention today through Benzinga’s tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in NN often signals that someone has privileged information. Today, ...

Russ Cohen

Magna Shares Rise 12% Since Q3 Earnings Miss Expectations

Shares of Magna International MGA gained 11.7% since the company reported third-quarter 2024 results. The auto equipment provider reported adjusted earnings of $1.28 per share, which declined from the year-ago quarter’s $1.46 and missed the Zacks Consensus Estimate of $1.48.  Net sales declined 3.8% year over year to $10.3 billion and missed the Zacks Consensus ...

Russ Cohen

QQQ, AMZN, META, TSLA: Large Inflows Detected at ETF

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ (Symbol: QQQ) where we have detected an approximate $5.3 billion dollar inflow — that’s a 1.7% increase week over week in outstanding units (from 599,800,000 to 610,150,000). Among the largest underlying components of ...

Russ Cohen

Marvell Soars 30% in Three Months: Should You Hold or Fold the Stock?

Marvell Technology, Inc. MRVL has been on an impressive run, with its shares surging more than 30% over the past three months. This performance significantly outpaces the broader market, where the S&P 500 and the Zacks Computer and Technology sector have risen by 8.3% and 7.5%, respectively. MRVL stock has also outperformed other semiconductor heavyweights, ...

Russ Cohen

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Flux Power Holdings, Inc. (FLUX)

Law Offices of Howard G. Smith reminds investors of the upcoming December 31, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Flux Power Holdings, Inc. (“Flux Power” or the “Company”) FLUX securities between November 11, 2022 and September 30, 2024, inclusive (the “Class Period”). Investors ...