Angi (NASDAQ:ANGI) Stock, Quote.Headers.trade-ideas

Angi

Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. The Company has three operating segments namely, Ads and Leads that generate maximum revenue, Services, and International (Europe and Canada). The company operates under multiple brands that including Angi, HomeAdvisor, and Handy. The majority of the revenue is earned from the United States.

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ANGI

Momentum investors typically don&#39;t time the market or &#34;buy low and sell high.&#34; In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that &#34;buying high and selling higher&#34; is the way to make far more money in lesser time.

Angi Shows Fast-Paced Momentum But Is Still a Bargain Stock

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Shopify Posts Upbeat Earnings, Joins Axon Enterprise, Aspen Technology, Illumina, Global Payments And Other Big Stocks Moving Higher On Wednesday

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ANGI shares up on JMP analyst&#39;s Market Outperform rating and $3.25 price target. Expect growth in market share and international expansion.

Angi Set to Soar: Analyst Sees Market Share Growth and International Expansion Fueling Future Success

Angi Inc

AngioDynamics Inc

Momentum investors typically don&#39;t time the market or &quot;buy low and sell high.&quot; In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that &quot;buying high and selling higher&quot; is the way to make far more money in lesser time.
Everyone likes betting on fast-moving trending stocks, but it isn&#39;t easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.
It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score, which pays close attention to trends in a stock&#39;s price or earnings, is pretty useful in identifying great momentum stocks, our &#39;Fast-Paced Momentum at a Bargain&#39; screen comes handy in spotting fast-moving stocks that are still attractively priced.
Angi (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/angi#NASDAQ">ANGI</a>) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
Investors&#39; growing interest in a stock is reflected in its recent price increase. A price change of 16% over the past four weeks positions the stock of this provider of a digital marketplace for home services well in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. ANGI meets this criterion too, as the stock gained 4.5% over the past 12 weeks.
Moreover, the momentum for ANGI is fast paced, as the stock currently has a beta of 2. This indicates that the stock moves 100% higher than the market in either direction.
Given this price performance, it is no surprise that ANGI has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped ANGI earn a Zacks Rank #1 (Strong Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That&#39;s because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up.
Most importantly, despite possessing fast-paced momentum features, ANGI is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. ANGI is currently trading at 0.90 times its sales. In other words, investors need to pay only 90 cents for each dollar of sales.
So, ANGI appears to have plenty of room to run, and that too at a fast pace.
<a href="https://www.zacks.com/stock/news/2321137/angi-angi-shows-fast-paced-momentum-but-is-still-a-bargain-stock?cid=CS-BENZ-FT-tale_of_the_tape|fast_paced_momentum_at_a_bargain-2321137">To read this article on Zacks.com click here.</a>

U.S. stocks were higher, with the Dow Jones index gaining over 400 points on Wednesday.
Shares of Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) rose sharply during Wednesday's session after the company reported better-than-expected <a href="https://www.benzinga.com/news/earnings/24/08/40220998/shopifys-q2-earnings-revenue-and-eps-beat-gross-merchandise-volume-up-22-strong-q3-outlook-and-more">second-quarter EPS results.</a>
Shopify clocked fiscal second-quarter 2024 revenue growth of 21% year-over-year to $2.05 billion, which beat the analyst consensus estimate of $2.01 billion. Revenue grew by 25% Y/Y after adjusting for the sale of its logistics businesses. The e-commerce platform company reported adjusted EPS of 26 cents, which beat analyst consensus estimate of 20 cents
Shopify shares jumped 24.6% to $67.59 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>PetIQ, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PETQ#NASDAQ">PETQ</a>) shares surged 48% to $30.44 after the company reported better-than-expected second-quarter adjusted earnings results.</li>
<li>Upstart Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>) gained 35.4% to $32.38 after the company reported better-than-expected second-quarter financial results and issued third-quarter revenue guidance above estimates on Tuesday.</li>
<li>Latham Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWIM#NASDAQ">SWIM</a>) climbed 34% to $4.19 after the company reported better-than-expected second-quarter financial results and raised its FY24 revenue guidance above estimates. Additionally, the company announced an acquisition of Coverstar Central.</li>
<li>Lumen Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) gained 33% to $6.65 after the company reported better-than-expected quarterly revenue results. Goldman Sachs upgraded the stock from Sell to Neutral and raised its price target from $1 to $4.</li>
<li>Veracyte, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCYT#NASDAQ">VCYT</a>) rose 32.4% to $28.90 after the company reported better-than-expected quarterly financial results. Also, Needham maintained a Buy rating on the stock and raised its price target from $27-$31.</li>
<li>Rayonier Advanced Materials Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RYAM#NYSE">RYAM</a>) jumped 27.8% to $7.17 after the company reported better-than-expected quarterly financial results.</li>
<li>Angi Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) gained 27.7% to $2.5250 after the company reported better-than-expected quarterly financial results.</li>
<li>Inspire Medical Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INSP#NYSE">INSP</a>) rose 25.6% to $184.81 after the company reported better-than-expected quarterly sales results and raised its FY24 guidance. Also, the company announced it authorized a $150 million share repurchase program.</li>
<li>Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) rose 23.5% to $68.93 after the company reported better-than-expected second-quarter financial results and issued FY24 guidance above estimates.</li>
<li>Axon Enterprise, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</a>) gained 21.3% to $358.06 after the company reported better-than-expected second-quarter financial results and raised its FY24 revenue guidance above estimates.</li>
<li>Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) rose 18.3% to $210.40 after the company reported better-than-expected fourth-quarter financial results and issued strong guidance.</li>
<li>Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) gained 16.1% to $19.15 after the company reported better-than-expected quarterly financial results and announced a partnership with Tesla to support Texas&#8217;s power grid.</li>
<li>Dynatrace, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DT#NYSE">DT</a>) rose 15.3% to $46.69 following a Q1 earnings beat.</li>
<li>Champion Homes, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKY#NYSE">SKY</a>) gained 14.2% to $84.99 after the company reported better-than-expected quarterly financial results.</li>
<li>V.F. Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFC#NYSE">VFC</a>) gained 14% to $18.74 after the company reported better-than-expected first-quarter financial results.</li>
<li>Rapid7, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RPD#NASDAQ">RPD</a>) gained 13.7% to $37.55 after the company reported better-than-expected quarterly financial results.</li>
<li>Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) rose 11% to $129.15 after the company reported better-than-expected quarterly sales results.</li>
<li>Global Payments Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPN#NYSE">GPN</a>) gained 9.4% to $101.74 after the company reported better-than-expected second-quarter financial results.</li>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) rose 6.9% to $238.66.</li>
<li>Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) gained 5.7% to $121.38.</li>
</ul>
Now Read This:
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<li><a href="https://www.benzinga.com/news/earnings/24/08/40221528/these-analysts-cut-their-forecasts-on-jack-in-the-box-after-q3-results"> These Analysts Cut Their Forecasts On Jack In The Box After Q3 Results</a></li>
</ul>

WIIM

Angi shares are trading higher after the company reported better-than-expected Q2 financial results.

Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.03) by 133.33 percent. The company reported quarterly sales of $315.132 million which beat the analyst consensus estimate of $304.112 million by 3.62 percent. This is a 10.37 percent decrease over sales of $351.587 million the same period last year.

Earnings Beats

Angi Q2 2024 GAAP EPS $0.01 Beats $(0.03) Estimate, Sales $315.132M Beat $304.112M Estimate

Angi Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) shares are trading higher today. JMP Securities analyst Nicholas Jones initiated coverage at Market Outperform and <a target="_blank" href="https://www.benzinga.com/quote/angi/analyst-ratings" rel="noreferrer noopener">a price target of $3.25</a>.
The analyst states that ANGI maintains a leading position in home maintenance, repair, and renovation.
They expect the company to resume growing its market share beginning in 2025, leveraging improved monetization efforts as service requests increase.
Jones writes that they see significant long-term trends favoring the company, including aging homes and affordability considerations motivating homeowners to renovate rather than relocate.
However, ANGI is also in the initial phases of expanding internationally. In 2023, it achieved approximately $116 million in international revenue, constituting 8.5% of its total revenue, with nearly 70% of web traffic originating from the U.S., says the analyst.
By 2026, Jones project that ANGI&#8217;s international segment will account for 11.5% of its total revenue, with ample potential for further expansion in the subsequent years.
Investors can gain exposure to the stock via Global X Millennial Consumer ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MILN#NASDAQ">MILN</a>) and Global X E-Commerce ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBIZ#NASDAQ">EBIZ</a>).
Price Action: ANGI shares are up 6.4% at $1.99 at the last check Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image: Unsplash/ Jed Owen

JMP Securities analyst Nicholas Jones initiates coverage on Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) with a Market Outperform rating and announces Price Target of $3.25.

JMP Securities Initiates Coverage On Angi with Market Outperform Rating, Announces Price Target of $3.25

Citigroup analyst Peter Saleh maintains Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) with a Buy and lowers the price target from $4 to $3.25.

Citigroup Maintains Buy on Angi, Lowers Price Target to $3.25

Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) reported quarterly sales of $305.390 million which beat the analyst consensus estimate of $297.551 million by 2.63 percent. This is a 22.18 percent decrease over sales of $392.407 million the same period last year.

Angi Q1 Sales $305.390M Beat $297.551M Estimate

<a href="https://www.globenewswire.com/Tracker?data=PScOoslpVPe2hr7sNnNhgb_97rwCpOR0fzEYY7cE70k_nzU417hobwWDhGvmCFBzGB2c583RmnlU7aQgyttXWw==">Angi</a>, a leading and comprehensive solution for improving and maintaining homes, today launched several new initiatives in advance of May 7th's National Signing Day–a day to acknowledge and celebrate students who pursue an undergraduate or graduate trade school training program. Launched today, the Angi Trade Up Scholarship Program will provide scholarships for students in construction-related programs at trade schools nationwide. Angi also announced an expanded partnership with trades jobs platform BlueRecruit, kicking off on May 7th with a first-of-its-kind digital career fair. The first annual Angi Trade Up Digital Career Fair will connect job seekers on the BlueRecruit platform with the nearly 200,000 home service pros in the Angi network. &nbsp;
Nearly a quarter of tradespeople are approaching retirement age according to the US Bureau of Labor Statistics–a growing concern as fewer young people enter the skilled trade industries. Angi's new efforts are designed to recognize and promote skilled trades careers and help foster connections between job candidates and home service professionals looking to grow their business.
"Every home in America needs a team of skilled tradespeople to care for it. Unfortunately, there are not enough people entering the trades despite the fact that the careers have extremely high job satisfaction and are well paid. Angi is committed to changing the conversation around careers in the trades," said Angie Hicks, Co-Founder of Angi.
The new Angi Trade Up Scholarship Program will award $2,500 scholarships to four students who have been accepted to, or are enrolled in an undergraduate or graduate construction-related trade program at any trade school, college or university. Scholarship winners will be chosen by Angi's Pro Council–a council of home service professionals made up of pros in the Angi network who represent businesses with hundreds of collective years of experience servicing Americans' homes.
Also announced today, Angi is expanding its partnership with BlueRecruit, a direct-hire marketplace for skilled trade workers and the companies seeking their talent. Beginning on May 7th, BlueRecruit will open its platform to Angi's network of pros at no cost to create a first-of-its-kind digital career fair: BlueRecruit's network of roughly 55,000 job seekers will have the opportunity to connect 1:1 with Angi's network of pros who are prepared to match and hire during the Angi Trade Up Digital Career Fair.
Continued Ms. Hicks, "We want to highlight the compelling opportunities in the trades and make sure that students who want to pursue this profession have the support and tools to do so. But we're excited to take things one step further. Our expanded partnership with the BlueRecruit platform will connect interested students and job candidates directly with pros to learn more about their career paths as well as specific job opportunities. We're excited to do our part to accelerate hiring in these critical industries."
"As North America's leading skilled trades training and employment placement company, we're honored to work alongside incredible organizations like Angi that strive every day to bring awareness to the importance of the skilled trades and the men and women building tomorrow," said Rich Camacho, CEO of BlueRecruit. "With our digital career fair on May 7th, we'll be able to help support connections between the incredible new wave of top talent available on BlueRecruit with the nation's top quality home service companies that use Angi everyday to provide homeowners with exceptional service and craftsmanship."
Both job seekers and current trade workers looking to hire can find a variety of new online resources as part of Angi's Trade Up PSA campaign aimed at de-stigmatizing and bringing awareness to benefits of a career in the trades:
<ul>
<li>Angi Trade Up Webinar: On May 7th, Angi, BlueRecruit, and program leaders from leading vocational and college programs will hold an educational webinar for Angi's network of pros to support their hiring efforts when engaging with the BlueRecruit network</li>
<li>Trade Up with Angi Podcast: An industry deep dive podcast hosted by co-founder Angie Hicks, tackling everything you need to know about the trade industry with pros in the Angi network</li>
<li>Trade Up Tuesdays: A weekly series on Instagram and TikTok spotlighting pros in the Angi network, their unique experiences, and the benefits of being a skilled trade professional &nbsp;</li>
</ul>
Learn more about how Angi is supporting the trades <a href="https://www.globenewswire.com/Tracker?data=wvZs-ga-dOWG3fxEMbNRixmJI8GVBfxMMmxI8zFGKrEUIXAQxgGBru63HSy12vC4ySgyGB82w7TWLwNfOyW90Q==">here</a>. More information about the scholarships can be found <a href="https://www.globenewswire.com/Tracker?data=wvZs-ga-dOWG3fxEMbNRi8UsA8qTxKyzy2cdtOeBHEvGjMjhaEukXx7hel_y5pfEmbEvsfHxBcoSD8McxI4Gw_56F8h4ZwDvPdhZRE29bMCSmn4YXY7kM5J_e7uwYXDf">here</a>.

This National Signing Day, Angi Aims To Boost Hiring In The Trades; Also Announces Angi Is Expanding Its Partnership With BlueRecruit, A Direct-Hire Marketplace For Skilled Trade Workers And The Companies Seeking Their Talent

<h3>Gainers</h3>
<ul>
<li>EverQuote (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVER#NASDAQ">EVER</a>) stock increased by 14.4% to $24.43 during Monday's after-market session. The market value of their outstanding shares is at $848.3 million. The company's, Q1 earnings came out today. </li>
<li>Vimeo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMEO#NASDAQ">VMEO</a>) shares moved upwards by 5.26% to $4.0. The market value of their outstanding shares is at $675.2 million. As per the news, the Q1 earnings report came out today. </li>
<li>Innovid (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTV#NYSE">CTV</a>) shares rose 4.88% to $2.36. The market value of their outstanding shares is at $340.4 million. </li>
<li>Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) stock increased by 4.7% to $2.67. The company's market cap stands at $1.3 billion. </li>
<li>Gaia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAIA#NASDAQ">GAIA</a>) stock increased by 4.26% to $3.67. The market value of their outstanding shares is at $85.2 million. As per the news, the Q1 earnings report came out today. </li>
<li>PSQ Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSQH#NYSE">PSQH</a>) stock rose 3.92% to $4.24. The market value of their outstanding shares is at $133.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>National CineMedia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCMI#NASDAQ">NCMI</a>) stock fell 10.9% to $4.3 during Monday's after-market session. The company's market cap stands at $417.3 million. The company's, Q1 earnings came out today. </li>
<li>NFT (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MI#AMEX">MI</a>) stock decreased by 5.19% to $8.23. The market value of their outstanding shares is at $25.4 million. </li>
<li>Grindr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRND#NYSE">GRND</a>) stock declined by 4.98% to $9.94. The company's market cap stands at $1.7 billion. </li>
<li>Taboola.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBLA#NASDAQ">TBLA</a>) stock decreased by 4.86% to $4.31. The market value of their outstanding shares is at $1.2 billion. </li>
<li>iClick Interactive Asia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLK#NASDAQ">ICLK</a>) stock declined by 4.17% to $1.15. The company's market cap stands at $11.3 million. </li>
<li>LQR House (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQR#NASDAQ">LQR</a>) shares decreased by 3.85% to $1.0. The company's market cap stands at $4.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Monday's After-Market Session

Keybanc analyst Justin Patterson maintains Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) with a Overweight and lowers the price target from $4 to $3.

Keybanc Maintains Overweight on Angi, Lowers Price Target to $3

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi"> RSI is below 30</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3>Angi Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/angi#NASDAQ">ANGI</a>)</h3>
<ul>
<li>Angi will post its first quarter results after the close of market trading on Tuesday, May 7, 2024. The company&rsquo;s stock fell around 22% over the past month and has a <a href="https://www.benzinga.com/quote/ANGI"> 52-week low of $1.55 </a>.</li>
<li>RSI Value: 28.70</li>
<li>ANGI Price Action: Shares of Angi fell 2.9% to close at $2.01 on Tuesday.</li>
</ul>
<h3>Direct Digital Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/drct#NASDAQ">DRCT</a>)</h3>
<ul>
<li>On March 26, Direct Digital reported worse-than-expected fourth-quarter financial results. &ldquo;2023 was another transformational year for Direct Digital Holdings, achieving remarkable year-over-year revenue growth of 76% as well as dramatic operational expansion, and impressive results for our shareholders,&rdquo; commented Mark D. Walker, CEO of Direct Digital. The company&rsquo;s stock fell around 73% over the past month. It <a href="https://www.benzinga.com/quote/DRCT"> has a 52-week low </a> of $1.96.</li>
<li>RSI Value: 29.74</li>
<li>DRCT Price Action: Shares of Direct Digital fell 6.9% to close at $7.73 on Tuesday.</li>
</ul>
<h3>AT&amp;T Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/t#NYSE">T</a>)</h3>
<ul>
<li>On March 31, AT&amp;T said personal data from 73 million current and former customers account holders was leaked. The company&rsquo;s stock fell around 4% over the past five days and has a 52-week <a href="https://www.benzinga.com/quote/T"> low of $13.43.</a></li>
<li>RSI Value: 28.46</li>
<li>T Price Action: Shares of AT&amp;T fell 0.9% to close at $16.09 on Tuesday.</li>
</ul>
<h3>Electronic Arts Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ea#NASDAQ">EA</a>)</h3>
<ul>
<li>Electronic Arts is expected to release its financial results for the fiscal quarter and year ended March 31, 2024 after the close of market on Tuesday, May 7, 2024. The company&rsquo;s shares lost around 4% over the past month. The company&rsquo;s 52-week low is $117.47.</li>
<li>RSI Value: 28.21</li>
<li>EA Price Action: Shares of Electronic Arts fell 0.4% to close at $126.55 on Tuesday.</li>
</ul>
<h3>GD Culture Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gdc#NASDAQ">GDC</a>)</h3>
<ul>
<li>On March 22, GD Culture Group announced a registered direct offering. The company&rsquo;s shares fell around 53% over the past month. The company <a href="https://www.benzinga.com/quote/GDC"> has a 52-week low </a> of $0.5850.</li>
<li>RSI Value: 19.60</li>
<li>GDC Price Action: Shares of GD Culture Group gained 7.7% to close at $0.6699 on Tuesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/04/38284995/investor-optimism-decreases-dow-ends-6-session-losing-streak"> Investor Optimism Decreases; Dow Ends 6-Session Losing Streak </a>

Long Ideas

Pre-Market Outlook

DRCT

Top 5 Tech And Telecom Stocks That May Rocket Higher This Month

With U.S. stock futures trading slightly higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects Neogen Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/neog#NASDAQ">NEOG</a>) to report quarterly earnings at 14 cents per share on revenue of $230.01 million before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Neogen shares gained 0.2% to close at $14.38 on Monday.
Maxeon Solar Technologies, Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/maxn#NASDAQ">MAXN</a>) said it sees preliminary fourth-quarter revenue of $229 million versus market estimates of $235.959 million. Maxeon Solar shares fell 6.6% to $2.55 in the after-hours trading session.
Analysts are expecting PriceSmart, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/psmt#NASDAQ">PSMT</a>) to post quarterly earnings at $1.25 per share on revenue of $1.28 billion. The company will release earnings after the markets close. PriceSmart shares gained 0.5% to $83.98 in the after-hours trading session.
Check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> 
Angi Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/angi#NASDAQ">ANGI</a>) named Jeff Kip as CEO, succeeding Joey Levin. &ldquo;Through multiple roles, Jeff Kip has been a student of the Angi business, first as CFO of IAC, then serving as CEO of Angi&rsquo;s International business for nearly eight years and most recently as President of Angi,&rdquo; said Joey Levin, CEO of IAC and Chairman of Angi. &ldquo;During his tenure with Angi, he engineered the integration of multiple different product and technology platforms across six countries, driving the International business to healthy growth with expanding margins - an inspiring blueprint for Angi&rsquo;s future.&rdquo; Angi shares gained 0.4% to $2.31 in the after-hours trading session.
Analysts expect SMART Global Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sgh#NASDAQ">SGH</a>) to post quarterly earnings at 25 cents per share on revenue of $283.79 million after the closing bell. SMART Global shares fell 0.5% to $25.72 in after-hours trading.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/04/38147653/top-2-real-estate-stocks-that-could-blast-off-this-month"> Top 2 Real Estate Stocks That Could Blast Off This Month </a>

Maxeon Solar Technologies, Ltd. - Ordinary Shares

MAXN

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Neogen, Maxeon Solar Technologies And 3 Stocks To Watch Heading Into Tuesday

As CEO, Mr. Kip will lead Angi&#39;s executive team, overseeing strategy and daily management of the company. Levin, CEO of IAC, will continue as Chairman of the Angi Board of Directors. All changes are effective immediately.

Management

Angi Appoints Jeff Kip As CEO, Succeeding Joey Levin

<h3>Gainers</h3>
<ul>
<li>Chicken Soup for the Soul (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSSE#NASDAQ">CSSE</a>) shares moved upwards by 5.0% to $0.17 during Wednesday's after-market session. The company's market cap stands at $5.3 million. </li>
<li>Phoenix New Media (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FENG#NYSE">FENG</a>) stock rose 4.32% to $1.69. The market value of their outstanding shares is at $20.4 million. </li>
<li>Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) shares rose 4.24% to $2.7. The market value of their outstanding shares is at $1.3 billion. </li>
<li>Leafly Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFLY#NASDAQ">LFLY</a>) shares increased by 2.97% to $3.12. The market value of their outstanding shares is at $6.7 million. </li>
<li>Society Pass (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPA#NASDAQ">SOPA</a>) stock rose 2.47% to $0.16. The company's market cap stands at $5.1 million. </li>
<li>AirNet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANTE#NASDAQ">ANTE</a>) stock rose 2.4% to $1.7. The company's market cap stands at $7.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Hanryu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRYU#NASDAQ">HRYU</a>) stock decreased by 7.1% to $0.3 during Wednesday's after-market session. The company's market cap stands at $15.6 million. </li>
<li>Global Mofy Metaverse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GMM#NASDAQ">GMM</a>) stock decreased by 5.5% to $0.86. The company's market cap stands at $24.5 million. </li>
<li>Ucloudlink Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCL#NASDAQ">UCL</a>) shares fell 4.97% to $1.53. The market value of their outstanding shares is at $56.5 million. </li>
<li>Weibo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WB#NASDAQ">WB</a>) stock declined by 4.32% to $9.09. The company's market cap stands at $2.2 billion. </li>
<li>Fangdd Network Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUO#NASDAQ">DUO</a>) shares fell 4.12% to $0.43. The market value of their outstanding shares is at $1.6 million. </li>
<li>Asset Entities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) shares fell 4.06% to $0.71. The market value of their outstanding shares is at $9.9 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Wednesday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Cardlytics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDLX#NASDAQ">CDLX</a>) stock moved upwards by 48.3% to $12.14 during Friday's pre-market session. The company's market cap stands at $476.5 million. As per the press release, Q4 earnings came out yesterday. </li>
<li>HWH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWH#NASDAQ">HWH</a>) shares rose 8.1% to $1.2. The company's market cap stands at $19.4 million. </li>
<li>TuanChe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TC#NASDAQ">TC</a>) shares moved upwards by 7.78% to $1.8. The company's market cap stands at $2.9 million. </li>
<li>Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) stock moved upwards by 7.14% to $2.7. The company's market cap stands at $1.3 billion. </li>
<li>Paramount Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PARAP#NASDAQ">PARAP</a>) shares rose 6.91% to $14.07. </li>
<li>Getty Images Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GETY#NYSE">GETY</a>) stock moved upwards by 6.79% to $5.5. The market value of their outstanding shares is at $2.2 billion. As per the news, the Q4 earnings report came out yesterday. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Marchex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MCHX#NASDAQ">MCHX</a>) shares fell 11.5% to $1.15 during Friday's pre-market session. The market value of their outstanding shares is at $49.8 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Kuke Music Hldg (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KUKE#NYSE">KUKE</a>) shares decreased by 9.64% to $2.25. The market value of their outstanding shares is at $74.8 million. </li>
<li>Gaxos.AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GXAI#NASDAQ">GXAI</a>) shares fell 8.38% to $7.88. The market value of their outstanding shares is at $7.7 million. </li>
<li>Cheer Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHR#NASDAQ">CHR</a>) shares fell 7.0% to $2.79. The company's market cap stands at $28.0 million. The company's, FY earnings came out yesterday. </li>
<li>Baosheng Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAOS#NASDAQ">BAOS</a>) stock declined by 5.61% to $3.34. The market value of their outstanding shares is at $5.1 million. </li>
<li>Grom Social Enterprises (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROM#NASDAQ">GROM</a>) stock decreased by 5.49% to $0.93. The company's market cap stands at $1.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Communication Services Stocks Moving In Friday's Pre-Market Session

As of Feb. 22, 2024, three stocks in the tech and telecom sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#39;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#39;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi"> RSI is above 70</a>, according to <a href="https://pro.benzinga.com/"> Benzinga Pro</a>.
Here&rsquo;s the latest list of major overbought players in this sector.
<h3>MediaAlpha, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/max#NYSE">MAX</a>)</h3>
<ul>
<li>On Feb. 20, MediaAlpha reported better-than-expected fourth-quarter financial results. &ldquo;Our fourth quarter results exceeded expectations, driven primarily by improving conditions in our Property &amp; Casualty (P&amp;C) insurance vertical,&rdquo; said MediaAlpha co-founder and CEO Steve Yi. &ldquo;While our P&amp;C vertical has been challenged by difficult market conditions for the past several years, we are seeing the market turn and expect first quarter Transaction Value to nearly double sequentially. We believe our growth will accelerate as more auto insurance carriers restore profitability and increase their marketing investments, driving strong results for MediaAlpha this year and beyond.&rdquo; The company&rsquo;s stock gained around 35% over the past five days and has a <a href="https://www.benzinga.com/quote/MAX">52-week high of $20.01 </a>.</li>
<li>RSI Value: 85.11</li>
<li>MAX Price Action: Shares of MediaAlpha gained 24.8% to close at $19.71 on Wednesday.</li>
</ul>
<h3>IAC Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iac#NASDAQ">IAC</a>)</h3>
<ul>
<li>On Feb. 13, IAC posted a profit for its fourth quarter. The company&rsquo;s stock gained around 11% over the past month and <a href="https://www.benzinga.com/quote/IAC"> has a 52-week high </a> of $69.85.</li>
<li>RSI Value: 71.23</li>
<li>IAC Price Action: Shares of IAC rose 0.1% to close at $57.25 on Wednesday.</li>
</ul>
<h3>Angi Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/angi#NASDAQ">ANGI</a>)</h3>
<ul>
<li>On Feb. 13, Angi reported better-than-expected fourth-quarter EPS results.. The company&rsquo;s stock gained around 20% over the past five days and has a <a href="https://www.benzinga.com/quote/ANGI"> 52-week high </a> of $4.18.</li>
<li>RSI Value: 75.32</li>
<li>ANGI Price Action: Shares of Angi gained 0.7% to close at $3.00 on Wednesday.</li>
</ul>
&nbsp;
Read More: <a href="https://www.benzinga.com/news/earnings/24/02/37253951/nvidia-keurig-dr-pepper-and-3-stocks-to-watch-heading-into-thursday"> NVIDIA, Keurig Dr Pepper And 3 Stocks To Watch Heading Into Thursday </a>

Short Ideas

Top 3 Tech And Telecom Stocks You May Want To Dump In February

During the last three months, 4 analysts shared their evaluations of Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>), revealing diverse outlooks from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $2.96, a high estimate of $3.25, and a low estimate of $2.60. Experiencing a 11.9% decline, the current average is now lower than the previous average price target of $3.36. 
<img src="https://www.benzinga.com/files/images/story/2024/1708012828_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The standing of Angi among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brad Erickson</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$3.25</td>
<td>$2.25</td>
</tr>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$3.00</td>
<td>$4.50</td>
</tr>
<tr>
<td>Eric Sheridan</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Buy</td>
<td>$3.00</td>
<td>$4.50</td>
</tr>
<tr>
<td>Kunal Madhukar</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$2.60</td>
<td>$2.20</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Angi. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Angi compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Angi's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Angi's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/ANGI/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Angi analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About Angi</h2>
Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. The Company has four operating segments: (i) Ads and Leads; (ii) Services; (iii) Roofing; and (iv) International (Europe and Canada). Majority of the revenue is earned from United States.
<h3>Breaking Down Angi's Financial Performance</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Challenges: Angi's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -19.2%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Communication Services sector.
Net Margin: Angi's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -1.85%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Angi's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -0.53%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Angi's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.3%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Angi's debt-to-equity ratio is below the industry average at 0.48, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>What Are Analyst Ratings?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Evaluating Angi: Insights From 4 Financial Analysts

RBC Capital analyst Brad Erickson maintains Angi (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGI#NASDAQ">ANGI</a>) with a Sector Perform and raises the price target from $2.25 to $3.25.

RBC Capital Maintains Sector Perform on Angi, Raises Price Target to $3.25

Shares of Sony Group Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sony#NYSE">SONY</a>) fell during Wednesday&rsquo;s session after the company reported third-quarter financial results and revised guidance above estimates and shared plans to list its financial arm in October 2025.
Sony Group reported third-quarter FY23 sales growth of 22% year-on-year to $25.34 billion (&yen;3.75 trillion), beating the consensus of $24.62 billion. Adjusted EPS of $1.99 beat the consensus of $1.65.
Sony revised its FY23 sales outlook to $86.62 billion (&yen;12.4 trillion), down from a prior forecast of &yen;12.3 trillion versus the consensus of $87.32 billion.
Sony Group shares fell 6.3% to $89.86 on Wednesday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>Datasea Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dtss#NASDAQ">DTSS</a>) shares jumped 1,173% to $18.59. On Tuesday, Datasea posted a narrower second-quarter loss.</li>
<li>Earlyworks Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/elws#NASDAQ">ELWS</a>) surged 416% to $2.35 on two passive stakes.</li>
<li>enGene Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/engn#NASDAQ">ENGN</a>) jumped 95.5% to $14.90. The company&rsquo;s CEO Jason Hanson is resigning due to personal family and health reasons, though he will continue to support the company as a strategic advisor after a successor is appointed. Concurrently, enGene announced a private placement of 20 million common shares at $10.00 per share, representing a 31% premium over the previous day&rsquo;s closing price.</li>
<li>Cineverse Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cnvs#NASDAQ">CNVS</a>) surged 92.9% to $2.9899. Cineverse announced forthcoming launch of AI-powered movie search platform cineSearch.</li>
<li>Cheche Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ccg#NASDAQ">CCG</a>) gained 74.3% to $5.49.</li>
<li>MGO Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mgol#NASDAQ">MGOL</a>) rose 66% to $0.6647.</li>
<li>Cogent Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cogt#NASDAQ">COGT</a>) surged 62.7% to $8.89.</li>
<li>Inspira Technologies Oxy B.H.N. Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iinn#NASDAQ">IINN</a>) gained 35% to $1.29 after the company announced it received the first ever U.S. Patent approval for an orbiting blood oxygenation delivery system, a core technology of the INSPIRA ART500 device.</li>
<li>Lyft, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyft#NASDAQ">LYFT</a>) shares gained 34.3% to $16.29 after the company reported fourth-quarter sales of $1.22 billion and gross bookings of $3.7 billion, up 17% year-over-year. The company&rsquo;s CFO, Erin Brewer, said the adjusted EBITDA margin is projected to expand 50 basis points in 2024.</li>
<li>Healthcare Services Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hcsg#NASDAQ">HCSG</a>) gained 25.7% to $11.90 following upbeat earnings.</li>
<li>Blink Charging Co. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/blnk#NASDAQ">BLNK</a>) gained 24.2% to $3.3288. Blink Charging announced preliminary fourth-quarter revenue excess of $42 million.</li>
<li>Larimar Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lrmr#NASDAQ">LRMR</a>) rose 23.9% to $10.83. Larimar Therapeutics has priced the public offering of 17.16 million shares at $8.74 per share for gross proceeds of approximately $150 million.</li>
<li>Clene Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clnn#NASDAQ">CLNN</a>) gained 22.9% to $0.52.</li>
<li>Angi Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/angi#NASDAQ">ANGI</a>) gained 22.2% to $2.97 following upbeat earnings.</li>
<li>Iris Energy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iren#NASDAQ">IREN</a>) shares rose 20.5% to $8.35.</li>
<li>CEVA, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ceva#NASDAQ">CEVA</a>) gained 18.5% to $23.92 following upbeat earnings.</li>
<li>Great Lakes Dredge &amp; Dock Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gldd#NASDAQ">GLDD</a>) gained 17.1% to $9.47 following quarterly results.</li>
<li>Resideo Technologies, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rezi#NYSE">REZI</a>) rose 16.7% to $19.94 after the company reported better-than-expected quarterly financial results.</li>
<li>Kratos Defense &amp; Security Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ktos#NASDAQ">KTOS</a>) jumped 15.7% to $20.59 following better-than-expected quarterly results.</li>
<li>Robinhood Markets, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hood#NASDAQ">HOOD</a>) shares gained 14.7% to $13.58 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>United Fire Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ufcs#NASDAQ">UFCS</a>) rose 13.5% to $24.32 following upbeat results.</li>
<li>Allison Transmission Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alsn#NASDAQ">ALSN</a>) gained 13% to $69.53 after the company reported better-than-expected quarterly financial results.</li>
<li>MRC Global Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mrc#NYSE">MRC</a>) rose 12.1% to $11.64 following upbeat earnings.</li>
<li>Coinbase Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/coin#NASDAQ">COIN</a>) gained 11.5% to $156.50 amid strength in Bitcoin.</li>
<li>CCSC Technology International Holdings Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cctg#NASDAQ">CCTG</a>) shares rose 10.2% to $3.56 after dipping around 10% on Tuesday.</li>
<li>Tower Semiconductor Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tsem#NASDAQ">TSEM</a>) gained 8.5% to $31.07 following strong results.</li>
<li>Sentage Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sntg#NASDAQ">SNTG</a>) shares jumped 8.4% to $2.46.</li>
<li>Charles River Laboratories International, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/crl#NYSE">CRL</a>) gained 7.2% to $236.00 after the company reported better-than-expected fourth-quarter results and issued guidance above estimates.</li>
<li>VBI Vaccines Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vbiv#NASDAQ">VBIV</a>) shares surged 5.2% to $0.6941. Brii Biosciences agreed to acquire VBI&#39;s IP rights in BRII-179 (VBI-2601) and plans to initiate technology transfer to expand clinical and commercial supplies.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Azitra, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aztr#NYSE">AZTR</a>) shares fell 69.5% to $0.2653. Azitra priced its $5 million public offering of 16.667 million common shares at $0.30 per share.</li>
<li>Ohmyhome Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/omh#NASDAQ">OMH</a>) fell 40.7% to $1.3397 after the company priced its upsized $4.8 million public offering of 3,555,555 ordinary shares at $1.35 per share.</li>
<li>QuidelOrtho Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qdel#NASDAQ">QDEL</a>) fell 34.9% to $43.49 after the company reported worse-than-expected fourth-quarter financial results and issued FY24 adjusted EPS below estimates.</li>
<li>BioNexus Gene Lab Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bglc#NASDAQ">BGLC</a>) shares fell 34.4% to $1.03 after jumping 282% on Tuesday.</li>
<li>Sunworks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sunw#NASDAQ">SUNW</a>) fell 34.3% to $0.0662.</li>
<li>Enviva Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/eva#NYSE">EVA</a>) fell 33.2% to $0.2977. Enviva is preparing to file for bankruptcy within days, the Wall Street Journal reported.</li>
<li>EpicQuest Education Group International Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eeiq#NASDAQ">EEIQ</a>) fell 27.5% to $1.16.</li>
<li>Nukkleus Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nukk#NASDAQ">NUKK</a>) shares declined 21.6% to $1.5338 after surging over 55% on Tuesday. Goldman Sachs reported a 7.2% passive stake in Nukkleus as of Dec. 29, 2023.</li>
<li>Upstart Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/upst#NASDAQ">UPST</a>) fell 20.5% to $26.19 after the company issued first-quarter revenue guidance below estimates.</li>
<li>Esports Entertainment Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gmbl#NASDAQ">GMBL</a>) shares fell 20% to $1.48. Esports Entertainment Group announced voluntary delisting from the Nasdaq and transfer to the OTCQB Venture Market.</li>
<li>Qurate Retail, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qrteb#NASDAQ">QRTEB</a>) declined 18.4% to $4.69.</li>
<li>CAE Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cae#NYSE">CAE</a>) fell 12.2% to $18.36 after the company reported worse-than-expected quarterly financial results.</li>
<li>The Chemours Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cc#NYSE">CC</a>) dipped 10.5% to $27.29.</li>
<li>Vroom, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vrm#NASDAQ">VRM</a>) fell 10.5% to $13.71.</li>
<li>Maplebear Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cart#NASDAQ">CART</a>) fell 7.8% to $25.67 following quarterly results.</li>
<li>MGM Resorts International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mgm#NYSE">MGM</a>) shares declined 7.4% to $42.29 after the company reported fourth-quarter financial results.</li>
<li>Akamai Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/akam#NASDAQ">AKAM</a>) fell 7.3% to $115.89 after the company reported mixed quarterly financial results.</li>
<li>The Kraft Heinz Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/khc#NASDAQ">KHC</a>) declined 5.5% to $34.13 after the company reported mixed quarterly financial results.</li>
<li>Airbnb, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/abnb#NASDAQ">ABNB</a>) shares declined 5% to $143.25 after the company reported fourth-quarter financial results.</li>
</ul>
&nbsp;
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ABNB

AKAM

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AZTR

BGLC

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EEIQ

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ENGN

GLDD

GMBL

HCSG

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Inspira Technologies Oxy BHN Ltd Ordinary Shares

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KTOS

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LRMR

LYFT

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NUKK

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SONY

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Press Releases

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General

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