Some of the stocks that may grab investor focus today are:
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- Barracuda Networks Inc (NYSE: CUDA) posted stronger-than-expected results for its second quarter on Tuesday. Barracuda reported Q2 EPS of $0.21 and revenue of $87.9 million beat the Street’s consensus by $0.08 and $2.63 million, respectively. Barracuda shares surged 6.82 percent to $24.92 in the after-hours trading session.
- Blackhawk Network Holdings Inc (NASDAQ: HAWK) reported better-than-expected earnings for its third quarter, but adjusted operating sales fell short of expectations. Blackhawk shares rose 2.10 percent to $32.60 in the after-hours trading session.
- Wall Street expects CSX Corporation (NASDAQ: CSX) to post quarterly earnings at $0.45 per share on revenue of $2.70 billion after the closing bell. CSX shares fell 1.17 percent to close at $30.47 on Tuesday.
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- Fortinet Inc (NASDAQ: FTNT) lowered its outlook for the third quarter on Tuesday. Fortinet shares dropped 13.96 percent to $29.33 in the after-hours trading session.
- Shares of LPL Financial Holdings Inc (NASDAQ: LPLA) gained around 7 percent after a report that the nation's largest independent broker dealer is mulling a possible sale. According to a report from Reuters, LPL is working with Goldman Sachs Group Inc (NYSE: GS) in exploring "strategic alternatives" including a possible sale, which has attracted several companies and private equity firms. LPL Financial shares rose 0.27 percent to $33.10 in the after-hours trading session.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.