Category: Latest News
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SoFi Shares Gain After Citizens Lifts Rating and Sees Upside
SoFi Technologies (NASDAQ:SOFI) shares climbed 2.9% on Monday after Citizens analyst Devin Ryan upgraded the fintech firm to Market Outperform from Market Perform and set a new price target of $30.00. The upgrade follows a pullback in SoFi’s stock to around $21, roughly 20% lower year to date after peaking above $30 late in 2025.…
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Eltek Shares Jump After Landing $12.2 Million U.S. Defense Contract
Eltek Ltd. (NASDAQ:ELTK) shares surged about 15% on Monday after the company said it had secured new purchase orders worth $12.2 million from a U.S. defense customer. The printed circuit board maker said the orders will be fulfilled over 2026 and 2027 and relate to components destined for use in a defense program. The deal…
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Once Upon a Farm Jumps Again After NYSE Debut, Extending IPO Rally
Shares of Once Upon a Farm (NYSE:OFRM), the children’s organic food group co-founded by actor Jennifer Garner, climbed a further 17.3% in premarket trading on Monday to $24.70, building on momentum from its strong first day on the New York Stock Exchange. The Berkeley, California-based company closed Friday up 17% at $21.05 after pricing its…
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Hain Celestial Slides After Q2 Earnings and Revenue Come Up Short
Hain Celestial Group Inc. (NASDAQ:HAIN) shares fell more than 3% in premarket trading on Monday after the health and wellness group reported fiscal second-quarter results that missed expectations on both earnings and revenue. The company posted an adjusted loss of $0.03 per share, underperforming the consensus forecast of breakeven results. Revenue totaled $384 million, slightly…
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Pagaya Shares Sink Despite Q4 Profit Beat as Revenue and Outlook Disappoint
Pagaya Technologies Ltd. (NASDAQ:PGY) shares plunged more than 20% in premarket trading on Monday after the company reported fourth-quarter results that beat earnings expectations but missed on revenue and came with weaker-than-expected guidance. Pagaya posted adjusted earnings of $0.80 per share for the fourth quarter, well ahead of the analyst consensus of $0.35. Revenue, however,…
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PowerFleet Shares Slip Despite Record Q3 Revenue and Profit Gains
PowerFleet, Inc. (NASDAQ:AIOT) posted stronger-than-expected third-quarter results on Monday, delivering record revenue and a sharp improvement in profitability, but its shares still fell more than 4% in premarket trading as investors digested updated guidance. The company reported third-quarter revenue of $113.5 million, beating analyst expectations of $111.78 million and rising 7% from $106.4 million a…
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Sally Beauty Slides After Weak Q2 Outlook Overshadows Q1 Beat
Sally Beauty Holdings, Inc. (NYSE:SBH) shares dropped more than 6% in premarket trading on Monday after the company posted better-than-expected first-quarter results but issued second-quarter guidance that fell short of market forecasts. The professional hair color retailer reported first-quarter adjusted earnings of $0.48 per share, ahead of analyst expectations of $0.46. Revenue totaled $943 million,…
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Monday.com Slides as Revenue Outlook Disappoints Despite Q4 Beat
Monday.com (NASDAQ:MNDY) shares sank more than 12% in premarket trading after the AI-powered work management platform issued fiscal 2026 revenue guidance that came in below market expectations, overshadowing a stronger-than-expected fourth quarter. For the fourth quarter, the company reported adjusted earnings of $1.04 per share, topping analyst forecasts of $0.92. Revenue rose 25% year over…
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Micron Shares Slide After Report on Samsung’s Faster HBM4 Production Plans
Micron Technology (NASDAQ:MU) shares fell about 3.2% on Monday after reports indicated that rival Samsung Electronics is set to begin mass production of next-generation high-bandwidth memory chips sooner than previously expected. According to South Korea’s Yonhap News Agency, Samsung plans to start large-scale production of HBM4 chips as early as this month. The components are…
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Kyndryl Shares Sink After Q3 Miss and Weaker Full-Year Outlook
Kyndryl Holdings (NYSE:KD) shares plunged more than 32% in premarket trading on Monday after the company reported third-quarter results that missed expectations and cut its revenue outlook for the full year. The IT infrastructure services provider posted adjusted earnings of $0.52 per share for the quarter ended December 31, 2025, well below the $0.67 analysts…