Short interest for Spire Global gives investors a sense of the degree to which investors are betting on the decline of Spire Global's stock. Short interest data is updated every two weeks.

Spire Global Stock (NYSE:SPIR), Short Interest Report

Spire Global

Spire Global Inc is a provider of space-based data, analytics, and Space Services, offering datasets and powerful insights about Earth from the ultimate vantage point of space so that organizations can make decisions with confidence, accuracy, and speed. It generates revenue from four solutions: Maritime, Aviation, Weather, and Space Services. It offers the following three data solutions to customers; Maritime-precise space-based data used for accurate ship monitoring, ship safety, and route optimization, Aviation-precise space-based data used for accurate aircraft monitoring, aircraft safety, and route optimization, and Weather-precise space-based data used for accurate weather forecasting.

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U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining around 300 points on Thursday.

The Dow traded up 0.77% to 39,814.95 while the NASDAQ rose 0.25% to 16,410.54. The S&amp;P 500 also rose, gaining, 0.38% to 5,244.72.

Crude Oil Moves Lower; Accenture Shares Tumble After Q2 Results

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CZOO

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Shares of  FactSet Research Systems Inc. (NYSE: FDS) fell sharply during Thursday’s session after the company reported worse-than-expected second-quarter revenue and issued FY24 guidance.

Why FactSet Research Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Thursday&#39;s Mid-Day Session

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 100 points on Thursday.

The Dow traded up 0.84% to 39,844.27 while the NASDAQ rose 0.61% to 16,469.28. The S&amp;P 500 also rose, gaining, 0.56% to 5,254.11.

Gold Gains 1%; Micron Posts Upbeat Results

Spire Global Inc

SpiritSwap

SPIRAX SARCO ORD NEW by Spirax Sarco Engineering PLC

Spirax-Sarco Engineering PLC

SPIRAX SARCO ENG UNSP/ADR by Spirax Sarco Engineering PLC

Spire Inc

Spire Inc. Depositary Shares, each representing a 1/1,000th interest in a share of 5.90% Series A Cumulative Redeemable Perpetual Preferred Stock

Spire Inc Corporate Unit 03/01/2024

SPIRENT COMMUNS PLC S/ADR by Spirent Communications Plc

Spirent Communications PLC

SPIRENT PLC ORD by Spirent Communications Plc

Spirit Aerosystems Holdings, Inc. Common Stock

Spirit AeroSystems Holdings Inc

Spirit Airlines Inc

SPIRIT BLOCKCHAIN CAP INC by SPIRIT BLOCKCHAIN CAP INC.

Spirit Blockchain Capital Inc

Spirit Realty Capital Inc (New) Com (New)

Spirits Cap Corp

SPIRITS TIME INTL INC by Spirits Time International, Inc.

Spirits Time International Inc

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fspire.com%2F&amp;esheet=53958866&amp;newsitemid=20240429856492&amp;lan=en-US&amp;anchor=Spire+Global%2C+Inc.&amp;index=1&amp;md5=2025a6502749688b314edd4550f7b40a">Spire Global, Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) (&quot;Spire&quot; or &quot;the Company&quot;), a global provider of space-based data, analytics and space services, has entered into a multi-million-dollar deal with a financial firm. The Company will provide its&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fspire.com%2Fpress-release%2Fspire-global-launches-space-driven-high-resolution-weather-forecast-for-utilities-and-commodity-traders%2F&amp;esheet=53958866&amp;newsitemid=20240429856492&amp;lan=en-US&amp;anchor=High-Resolution+Weather+Forecast+model&amp;index=2&amp;md5=7dd9efd7ce5d7d10b829a59ab353d3a1">High-Resolution Weather Forecast model</a>, which offers a six-day&nbsp;outlook&nbsp;powered by proprietary data collected from space, and develop an AI-powered model for long-range forecasting.
Through this deal, Spire will build off of its recent&nbsp;<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fspire.com%2Fpress-release%2Fspire-global-to-enhance-ai-driven-weather-prediction-in-collaboration-with-nvidia%2F&amp;esheet=53958866&amp;newsitemid=20240429856492&amp;lan=en-US&amp;anchor=collaboration+with+NVIDIA&amp;index=3&amp;md5=1843400003023cc52796b27e3cc72035">collaboration with NVIDIA</a>&nbsp;to leverage Earth-2, NVIDIA&#39;s platform for weather and climate change modeling, to train and run AI weather models. These models are projected to increase the accuracy of weather forecasts and produce long-range probabilistic forecasts at unprecedented speeds.

Spire Global Bags Multi-Million Dollar Deal with Financial Firm for Weather Forecasts, Financial Terms Undisclosed

Alliance Global Partners analyst Brian Kinstlinger initiates coverage on Spire Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) with a Buy rating and announces Price Target of $22.

Price Target

Initiation

Analyst Ratings

Alliance Global Partners Initiates Coverage On Spire Global with Buy Rating, Announces Price Target of $22

Under this agreement, Spire will build and operate the satellites, expanding the capabilities of HANCOM-1 (Sejong-1). Together, these satellites will form a constellation for Korea&#39;s first three-satellite remote sensing image data service.

Spire Global Signs Space Services Deal To Scale Constellation For HANCOM InSpace

Canaccord Genuity analyst Austin Moeller maintains Spire Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) with a Buy and lowers the price target from $25 to $24.

Canaccord Genuity Maintains Buy on Spire Global, Lowers Price Target to $24

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining around 300 points on Thursday.
The Dow traded up 0.77% to 39,814.95 while the NASDAQ rose 0.25% to 16,410.54. The S&amp;P 500 also rose, gaining, 0.38% to 5,244.72.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/03/37863674/micron-accenture-and-3-stocks-to-watch-heading-into-thursday"> Micron, Accenture And 3 Stocks To Watch Heading Into Thursday</a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Industrials shares jumped by 1% on Thursday.
In trading on Thursday, materials shares rose by just 0.1%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Shares of Accenture Plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acn#NYSE">ACN</a>) dipped around 9% on Thursday after the company reported results for its fiscal second quarter.
Accenture reported second-quarter fiscal 2024 sales of $15.80 billion compared with the consensus of $15.84 billion, flat Y/Y in U.S. dollars and local currency. Revenues were slightly above the midpoint of the company&rsquo;s guided range of $15.40 billion &ndash; $16.00 billion. Adjusted EPS of $2.77 beat the consensus of $2.66.
Accenture expects fiscal 2024 adjusted EPS of $11.97 &ndash; $12.20 (prior $11.97 &ndash; $12.32) versus consensus of $12.24. For fiscal 2024, the company expects revenue growth of 1% &ndash; 3% (prior 2% &ndash; 5%) in local currency vs. $66.18 billion consensus.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
Yield10 Bioscience, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/yten#NASDAQ">YTEN</a>) shares shot up 70% to $0.4124 after the company announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States.
Shares of CuriosityStream Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/curi#NASDAQ">CURI</a>) got a boost, surging 56% to $0.91 after the company reported financial results for fourth quarter.
Lufax Holding Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lu#NYSE">LU</a>) shares were also up, gaining 40% to $4.7312 following fourth-quarter results.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Movella Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mvla#NASDAQ">MVLA</a>) shares dropped 64% to $0.1039 after the company announced that it will voluntarily delist from the Nasdaq.
Shares of Apyx Medical Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apyx#NASDAQ">APYX</a>) were down 26% to $1.36 following soft FY24 guidance.
Spire Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spir#NYSE">SPIR</a>) was down, falling 34% to $11.54 after the company announced a $30 million registered direct offering of 2,142,858 shares at $14.00 per share.
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&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded down 0.6% to $80.82 while gold traded up 1% at $2,182.70.
Silver traded down 0.5% to $24.99 on Thursday, while copper rose 0.2% to $4.0605.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were higher today. The eurozone&rsquo;s STOXX 600 gained 0.90%, London&rsquo;s FTSE 100 jumped 1.88% while Spain&rsquo;s IBEX 35 Index rose 1.07% The German DAX rose 0.91% French CAC 40 rose 0.22% while Italy&rsquo;s FTSE MIB Index gained 0.10%.
The HCOB Eurozone manufacturing PMI declined to a three-month low level of 45.7 in March, while services PMI increased to 51.1 from 50.2. The Eurozone posted a current account surplus of &euro;24.87 billion in January versus a year-ago deficit of &euro;11.9 billion. Passenger car registrations in the European Union surged 10.1% year-over-year to 883.6 thousand units for February.
The HCOB Germany composite PMI climbed to 47.4 in March from 46.3 a month ago, while French composite PMI declined to 47.7 in March from 48.1 in February. The S&amp;P Global UK services PMI fell to 53.4 in March from 53.8 in the previous month, while manufacturing PMI climbed to 49.9 in March from 47.5.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed mostly higher on Thursday, with Japan&rsquo;s Nikkei 225 surging 2.03%, Hong Kong&rsquo;s Hang Seng Index rising 1.93%, China&rsquo;s Shanghai Composite Index falling 0.08% and India&rsquo;s S&amp;P BSE Sensex gaining 0.75%.
The annual inflation rate in Hong Kong accelerated to 2.1% in February from January&rsquo;s reading of 1.7%. Hong Kong&#39;s current account surplus increased to HKD 71.2 billion in the fourth quarter from HKD 55.9 billion in the year-ago period. The Hong Kong Monetary Authority kept its base rate unchanged at 5.75%.
The HSBC Flash India composite PMI increased to 61.4 in March versus a final reading of 60.6. The au Jibun Bank Japan composite PMI surged to 52.3 in March versus a final reading of 50.6 in February. Japan&#39;s trade deficit narrowed to JPY 379,358 billion in February from JPY 928.908 billion in the year-ago period.
&nbsp;
<h3>Economics</h3>
&nbsp;
The Philadelphia Fed Manufacturing Index in fell to 3.2 in March from 5.2 in the previous month.
U.S. initial jobless claims declined by 2,000 to 210,000 on the week ending March 16, versus market estimates of 215,000.
The U.S. current account deficit shrank by $1.6 billion to $194.8 billion during the fourth quarter, compared to market estimates for a $209 billion gap.
The S&amp;P Global services PMI declined to a three-month low level of 51.7 in March from 52.3 in the previous month.
The S&amp;P Global manufacturing PMI climbed to a 21-month high level of 52.5 in March from 52.2 a month ago.
U.S. existing-home sales jumped 9.5% to an annualized rate of 4.38 million units in February.
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Shares of FactSet Research Systems Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fds#NYSE">FDS</a>) fell sharply during Thursday&rsquo;s session after the company reported worse-than-expected second-quarter <a href="https://www.benzinga.com/quote/FDS/earnings">revenue and issued FY24 guidance</a>.
FactSet Research posted adjusted earnings of $4.22 per share, beating market estimates of $3.88 per share. The company&rsquo;s quarterly sales came in at $545.95 million, missing expectations of $546.80 million, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
FactSet Research shares dipped 5.2% to $462.36 on Thursday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>Yield10 Bioscience, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/yten#NASDAQ">YTEN</a>) shares jumped 136.7% to $0.5751 after the company announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States.</li>
<li>Kaival Brands Innovations Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kavl#NASDAQ">KAVL</a>) shares jumped 101.7% to $2.6850 after falling 11% on Wednesday.</li>
<li>CuriosityStream Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/curi#NASDAQ">CURI</a>) rose 63.2% to $2.6850 after the company reported financial results for fourth quarter.</li>
<li>Portage Biotech Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prtg#NASDAQ">PRTG</a>) gained 53.7% to $0.7525.</li>
<li>Lufax Holding Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lu#NYSE">LU</a>) climbed 41.3% to $4.76 following fourth-quarter results.</li>
<li>Asset Entities Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asst#NASDAQ">ASST</a>) shares climbed 37% to $0.7173 after the company announced that it entered into an agreement with Zendrop.</li>
<li>Cazoo Group Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/czoo#NYSE">CZOO</a>) gained 33% to $4.6475.</li>
<li>Guess?, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ges#NYSE">GES</a>) shares rose 23.1% to $31.95 as the company reported better-than-expected fourth-quarter financial results and declared a special dividend of $2.25 per share.</li>
<li>Nortech Systems Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nsys#NASDAQ">NSYS</a>) surged 22.3% to $13.35 after the company reported fourth-quarter results.</li>
<li>JOANN Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/joan#NASDAQ">JOAN</a>) gained 20.8% to $0.1631.</li>
<li>Aemetis, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amtx#NASDAQ">AMTX</a>) climbed 18.4% to $4.3238 after the company announced approval by the U.S. Citizenship and Immigration Services for a $200 million of EB-5 program investment for the Riverbank sustainable aviation fuel, production plant, the dairy renewable natural gas project, the carbon sequestration project and energy efficiency upgrades to the Keyes ethanol plant.</li>
<li>Canoo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goev#NASDAQ">GOEV</a>) shares gained 16.5% to $3.9712 after gaining around 22% on Wednesday. The US Department of Commerce recently approved its Oklahoma City facility as a Foreign Trade Zone.</li>
<li>NextNav Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nn#NASDAQ">NN</a>) climbed 15% to $5.55. NextNav 10% owner Joseph D Samberg acquired a total of 483,000 shares an average price of $4.52.</li>
<li>Micron Technology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mu#NASDAQ">MU</a>) climbed 14.7% to $110.37 as the company reported upbeat results for its second quarter and issued strong third-quarter guidance.</li>
<li>argenx SE (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/argx#NASDAQ">ARGX</a>) gained 14.4% to $408.38 after myasthenia gravis data from competitors Chugai and Roche fell short of expectations.</li>
<li>Stem, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/stem#NYSE">STEM</a>) rose 14.3% to $2.2050</li>
<li>Astera Labs, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alab#NASDAQ">ALAB</a>) rose 14.2% to $70.81 amid post-IPO volatility.</li>
<li>Ocugen, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ocgn#NASDAQ">OCGN</a>) gained 9.3% to $1.3550.</li>
<li>Graphjet Technology (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gti#NASDAQ">GTI</a>) rose 9.3% to $10.93.</li>
<li>Anywhere Real Estate Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/hous#NYSE">HOUS</a>) surged 9.1% to $5.99.</li>
<li>LiveWire Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lvwr#NASDAQ">LVWR</a>) gained 9.1% to $7.44 after gaining 5% on Wednesday.</li>
<li>Precigen, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pgen#NASDAQ">PGEN</a>) climbed 6.3% to $1.53.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Movella Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mvla#NASDAQ">MVLA</a>) shares fell 61.4% to $0.11 after the company announced that it will voluntarily delist from the Nasdaq.</li>
<li>Tourmaline Bio, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/trml#NASDAQ">TRML</a>) fell 38.4% to $27.50. Tourmaline Bio recently posted a fourth-quarter loss of 81 cents per share.</li>
<li>Critical Metals Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crml#NASDAQ">CRML</a>) fell 27.2% to $9.48.</li>
<li>Apyx Medical Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apyx#NASDAQ">APYX</a>) dipped 27% to $1.35 following soft FY24 guidance.</li>
<li>Paltalk, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/palt#NASDAQ">PALT</a>) declined 23.5% to $2.1279. Paltak recently reported a year-over-year decrease in fourth-quarter revenue results.</li>
<li>Spire Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spir#NYSE">SPIR</a>) fell 23.3% to $13.40 after the company announced a $30 million registered direct offering of 2,142,858 shares at $14.00 per share.</li>
<li>Lixiang Education Holding Co., Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lxeh#NASDAQ">LXEH</a>) dipped 22.9% to $4.00.</li>
<li>Pyxis Oncology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pyxs#NASDAQ">PYXS</a>) fell 18.4% to $4.43 following fourth-quarter results.</li>
<li>Intelligent Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intj#NASDAQ">INTJ</a>) fell 15.7% to $2.7821. Intelligent Group priced initial public offering of 1,875,000 ordinary shares at $4 per share.</li>
<li>Designer Brands Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dbi#NYSE">DBI</a>) fell 15.3% to $9.76 after the company reported fourth-quarter financial results and said its total comparable sales decreased by 7.3%.</li>
<li>Ontrak, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otrk#NASDAQ">OTRK</a>) shares tumbled 13.9% to $0.2720 after dipping 28% on Wednesday.</li>
<li>Five Below, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/five#NASDAQ">FIVE</a>) fell 12.3% to $183.38 after the company reported fourth-quarter financial</li>
<li>results.</li>
<li>Direct Digital Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/drct#NASDAQ">DRCT</a>) dipped 11.1% to $28.25. Direct Digital announced that the earnings call originally scheduled for March 21, 2024 will be postponed to March 26, 2024.</li>
<li>Biophytis S.A. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bpts#NASDAQ">BPTS</a>) fell 11.6% to $0.3971 after surging around 20% on Wednesday.</li>
<li>Abits Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/abts#NASDAQ">ABTS</a>) fell 10.2% to $0.7500 after gaining 14% on Wednesday.</li>
<li>Avinger, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avgr#NASDAQ">AVGR</a>) shares fell 9.7% to $2.98 following fourth-quarter results.</li>
<li>Titan Machinery Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/titn#NASDAQ">TITN</a>) declined 9.6% to $24.28 after the company reported fourth-quarter results.</li>
<li>Steelcase Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/scs#NYSE">SCS</a>) fell 9.4% to $11.82 after the company reported mixed fourth-quarter financial results and issued first-quarter revenue guidance below estimates.</li>
<li>LexinFintech Holdings Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lx#NASDAQ">LX</a>) shares tumbled 8.4% to $1.96 following fourth-quarter financial results.</li>
<li>Li Auto Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/li#NASDAQ">LI</a>) shares declined 7.9% to $31.38 after the company updated its delivery outlook. Li Auto said it now expects first-quarter deliveries of 76,000-78,000 vehicles, down from 100,000-103,000 earlier.</li>
<li>Academy Sports and Outdoors, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aso#NASDAQ">ASO</a>) fell 7.1% to $66.20 after the company reported worse-than-expected fourth-quarter financial results and issued FY24 EPS guidance below estimates.</li>
<li>Accenture plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/acn#NYSE">ACN</a>) fell 6.9% to $354.14 following mixed second-quarter financial results.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) declined 6.6% to $0.6188 after surging 5% on Wednesday. Wearable Devices recently published a report saying the Mudra Band &#39;Can Be the Neural Bridge for Apple and Meta in their Next Wave of Smart Glasses Interaction.&#39;</li>
<li>Darden Restaurants, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dri#NYSE">DRI</a>) fell 5.3% to $165.27 after the company reported mixed third-quarter results and issued soft 2024 revenue guidance.</li>
</ul>
&nbsp;
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Why FactSet Research Shares Are Trading Lower By Around 5%? Here Are Other Stocks Moving In Thursday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>Swvl Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWVL#NASDAQ">SWVL</a>) stock rose 26.8% to $13.88 during Thursday's regular session. The market value of their outstanding shares is at $94.2 million. </li>
<li>Complete Solaria (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSLR#NASDAQ">CSLR</a>) stock moved upwards by 22.41% to $0.65. The company's market cap stands at $29.4 million. </li>
<li>Laser Photonics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LASE#NASDAQ">LASE</a>) stock rose 20.97% to $1.86. The market value of their outstanding shares is at $15.3 million. </li>
<li>Clean Energy Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CETY#NASDAQ">CETY</a>) stock rose 20.1% to $0.95. The company's market cap stands at $37.2 million. </li>
<li>Exela Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XELA#NASDAQ">XELA</a>) shares rose 19.5% to $2.88. The company's market cap stands at $18.3 million. </li>
<li>Lavoro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVRO#NASDAQ">LVRO</a>) stock increased by 19.09% to $6.55. The market value of their outstanding shares is at $763.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Spire Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) shares declined by 32.6% to $11.78 during Thursday's regular session. The market value of their outstanding shares is at $260.5 million. </li>
<li>Zoomcar Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) stock decreased by 12.7% to $0.79. The company's market cap stands at $51.6 million. </li>
<li>ShiftPixy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) shares fell 11.93% to $3.54. The market value of their outstanding shares is at $19.1 million. </li>
<li>Steelcase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCS#NYSE">SCS</a>) stock fell 8.81% to $11.9. The market value of their outstanding shares is at $1.3 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li>VCI Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCIG#NASDAQ">VCIG</a>) stock declined by 8.08% to $1.04. The company's market cap stands at $39.5 million. </li>
<li>Primech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMEC#NASDAQ">PMEC</a>) stock decreased by 8.04% to $3.6. The company's market cap stands at $128.1 million. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CETY

CSLR

LASE

LVRO

PIXY

PMEC

SWVL

VCIG

XELA

ZCAR

12 Industrials Stocks Moving In Thursday's Intraday Session

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 100 points on Thursday.
The Dow traded up 0.84% to 39,844.27 while the NASDAQ rose 0.61% to 16,469.28. The S&amp;P 500 also rose, gaining, 0.56% to 5,254.11.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/03/37863674/micron-accenture-and-3-stocks-to-watch-heading-into-thursday"> Micron, Accenture And 3 Stocks To Watch Heading Into Thursday</a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Industrials shares jumped by 1% on Thursday.
In trading on Thursday, materials shares rose by just 0.1%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Micron Technology, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mu#NASDAQ">MU</a>) reported upbeat results for its second quarter and issued strong third-quarter guidance on Wednesday.
Micron reported first-quarter revenue of $5.82 billion, which beat the consensus estimate of $5.342 billion. The company reported adjusted earnings of 42 cents per share, which easily beat analyst estimates for a loss of 25 cents per share, according to data from Benzinga Pro.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
Yield10 Bioscience, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/yten#NASDAQ">YTEN</a>) shares shot up 108% to $0.5046 after the company announced that the USDA-APHIS Biotechnology Regulatory Services determined that the Camelina sativa varieties may be planted and bred in the United States.
Shares of CuriosityStream Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/curi#NASDAQ">CURI</a>) got a boost, surging 55% to $0.90 after the company reported financial results for fourth quarter.
Lufax Holding Ltd (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lu#NYSE">LU</a>) shares were also up, gaining 40% to $4.7306 following fourth-quarter results.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Movella Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mvla#NASDAQ">MVLA</a>) shares dropped 63% to $0.1051 after the company announced that it will voluntarily delist from the Nasdaq.
Shares of Apyx Medical Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apyx#NASDAQ">APYX</a>) were down 27% to $1.3586 following soft FY24 guidance.
Spire Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spir#NYSE">SPIR</a>) was down, falling 25% to $13.08 after the company announced a $30 million registered direct offering of 2,142,858 shares at $14.00 per share.
Also Check This Out:<a href="https://www.benzinga.com/news/24/03/37867907/alphabet-jabil-and-2-other-stocks-insiders-are-selling"> Alphabet, Jabil And 2 Other Stocks Insiders Are Selling</a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded down 0.4% to $80.95 while gold traded up 1.1% at $2,185.50.
Silver traded up 0.1% to $25.14 on Thursday, while copper rose 0.1% to $4.0555.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were higher today. The eurozone&rsquo;s STOXX 600 gained 0.65%, London&rsquo;s FTSE 100 jumped 1.7% while Spain&rsquo;s IBEX 35 Index rose 1.49% The German DAX rose 0.43% French CAC 40 rose 0.02% while Italy&rsquo;s FTSE MIB Index gained 0.06%.
The HCOB Eurozone manufacturing PMI declined to a three-month low level of 45.7 in March, while services PMI increased to 51.1 from 50.2. The Eurozone posted a current account surplus of &euro;24.87 billion in January versus a year-ago deficit of &euro;11.9 billion. Passenger car registrations in the European Union surged 10.1% year-over-year to 883.6 thousand units for February.
The HCOB Germany composite PMI climbed to 47.4 in March from 46.3 a month ago, while French composite PMI declined to 47.7 in March from 48.1 in February. The S&amp;P Global UK services PMI fell to 53.4 in March from 53.8 in the previous month, while manufacturing PMI climbed to 49.9 in March from 47.5.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed mostly higher on Thursday, with Japan&rsquo;s Nikkei 225 surging 2.03%, Hong Kong&rsquo;s Hang Seng Index rising 1.93%, China&rsquo;s Shanghai Composite Index falling 0.08% and India&rsquo;s S&amp;P BSE Sensex gaining 0.75%.
The annual inflation rate in Hong Kong accelerated to 2.1% in February from January&rsquo;s reading of 1.7%. Hong Kong&#39;s current account surplus increased to HKD 71.2 billion in the fourth quarter from HKD 55.9 billion in the year-ago period. The Hong Kong Monetary Authority kept its base rate unchanged at 5.75%.
The HSBC Flash India composite PMI increased to 61.4 in March versus a final reading of 60.6. The au Jibun Bank Japan composite PMI surged to 52.3 in March versus a final reading of 50.6 in February. Japan&#39;s trade deficit narrowed to JPY 379,358 billion in February from JPY 928.908 billion in the year-ago period.
&nbsp;
<h3>Economics</h3>
&nbsp;
The Philadelphia Fed Manufacturing Index in fell to 3.2 in March from 5.2 in the previous month.
U.S. initial jobless claims declined by 2,000 to 210,000 on the week ending March 16, versus market estimates of 215,000.
The U.S. current account deficit shrank by $1.6 billion to $194.8 billion during the fourth quarter, compared to market estimates for a $209 billion gap.
The S&amp;P Global services PMI declined to a three-month low level of 51.7 in March from 52.3 in the previous month.
The S&amp;P Global manufacturing PMI climbed to a 21-month high level of 52.5 in March from 52.2 a month ago.
U.S. existing-home sales jumped 9.5% to an annualized rate of 4.38 million units in February.
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37865867/top-3-tech-stocks-that-could-lead-to-your-biggest-gains-in-march"> Top 3 Tech Stocks That Could Lead To Your Biggest Gains In March</a>

WIIM

Spire Global shares are trading lower after the company announced a $30 million registered direct offering of 2,142,858 shares at $14.00 per share.

Offerings

Spire Global Announces $30M Registered Direct Offering Of 2,142,858 Shares At $14.00/Share

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 50 points on Tuesday.
The Dow traded up 0.63% to 39,034.59 while the NASDAQ rose 0.35% to 16,160.20. The S&amp;P 500 also rose, gaining, 0.41% to 5,170.36.
Check This Out: <a href="https://www.benzinga.com/news/24/03/37819139/nvidia-to-rally-around-10-here-are-10-top-analyst-forecasts-for-tuesday"> Nvidia To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Tuesday</a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Energy shares rose by 1% on Tuesday.
In trading on Tuesday, communication services shares fell by 0.2%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Caleres Inc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cal#NYSE">CAL</a>) reported upbeat fourth-quarter results.
Caleres reported fourth-quarter FY23 sales growth of 0.1% year-on-year to $697.12 million, beating the analyst consensus estimate of $694.33 million. Adjusted EPS of 86 cents beat the analyst consensus of 85 cents.
Caleres expects first-quarter FY24 net sales to be flat to +1%. EPS to be in line with the fourth quarter of 2023 on an adjusted basis.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
Ontrak, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otrk#NASDAQ">OTRK</a>) shares shot up 93% to $0.3675 ahead of the company&#39;s presentation at the 36th Annual Roth Conference.
Shares of Fusion Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fusn#NASDAQ">FUSN</a>) got a boost, surging 98% to $21.05 after the company announced agreed to be acquired by AstraZeneca. Also, Leerink Partners downgraded the stock from Outperform to Market Perform but raised its price target from $17 to $21.
Spire Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spir#NYSE">SPIR</a>) shares were also up, gaining 30% to $15.90 after the company announced a collaboration with NVIDIA to advance AI-driven weather prediction.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Greenwave Technology Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gwav#NASDAQ">GWAV</a>) shares dropped 56% to $0.1626. The company announced it has restructured its senior secured debt.
Shares of Seelos Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seel#NASDAQ">SEEL</a>) were down 30% to $0.6449 after the company announced that its ALS study with SLS-005 did not meet statistical significance in the primary and secondary endpoint in the Full Analysis Set.
Comtech Telecommunications Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmtl#NASDAQ">CMTL</a>) was down, falling 28% to $3.31 following weak quarterly results.
Also Check This Out:<a href="https://www.benzinga.com/news/earnings/24/03/37812053/how-to-earn-500-a-month-from-general-mills-stock-ahead-of-q3-earnings"> How To Earn $500 A Month From General Mills Stock Ahead Of Q3 Earnings</a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 1.3% to $83.75 while gold traded down 0.2% at $2,159.90.
Silver traded down 0.5% to $25.135 on Tuesday, while copper fell 1.4% to $4.0720.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were higher today. The eurozone&rsquo;s STOXX 600 rose 0.26%, London&rsquo;s FTSE 100 rose 0.20% while Spain&rsquo;s IBEX 35 Index rose 0.99% The German DAX rose 0.31% French CAC 40 gained 0.65% while Italy&rsquo;s FTSE MIB Index rose 0.95%.
The ZEW Indicator of Economic Sentiment for the Eurozone rose by 8.5 points to a reading of 33.5 in March, while wages in the Eurozone increased 3.1% year-over-year in the fourth quarter. Hourly labor costs rose by 3.4% year-over-year for the quarter.
The ZEW Indicator of Economic Sentiment for Germany climbed to a reading of +31.7 in March, surging to its strongest level since Feb. 2022.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed mostly lower on Tuesday, with Japan&rsquo;s Nikkei 225 gaining 0.66%, Hong Kong&rsquo;s Hang Seng Index falling 1.24%, China&rsquo;s Shanghai Composite Index dipping 0.72% and India&rsquo;s S&amp;P BSE Sensex falling 0.87%.
Industrial production in Japan fell by 6.7% month-over-month in January compared to the preliminary figure of a 7.5% decline. The Bank of Japan increased its key short-term interest rate to around 0% to 0.1%.
&nbsp;
<h3>Economics</h3>
&nbsp;
Housing starts in the U.S. surged 10.7% month-over-month to an annualized rate of 1.521 million in February following a 12.3% decline in January.
U.S. building permits rose by 1.9% to an annual rate of 1.518 million in February, versus market estimates of 1.495 million.
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/03/37811812/core-main-caleres-and-3-stocks-to-watch-heading-into-tuesday"> Core &amp; Main, Caleres And 3 Stocks To Watch Heading Into Tuesday</a>

CALX

CMTL

FUSN

GWAV

SEEL

Nasdaq Turns Higher; Caleres Posts Upbeat Q4 Results

Shares of Peraso Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prso#NASDAQ">PRSO</a>) fell sharply during Tuesday&rsquo;s session after the company reported worse-than-expected <a href="https://www.benzinga.com/quote/PRSO/earnings">fourth-quarter EPS results</a>.
Peraso posted a quarterly loss of $8.52 per share, versus analysts&rsquo; estimates for a loss of $3.76 per share. The company&rsquo;s quarterly sales came in at $1.83 million versus expectations of $1.70 million.
Peraso shares tumbled 23.3% to $1.32 on Tuesday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>Ontrak, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otrk#NASDAQ">OTRK</a>) shares climbed 197.8% to $0.5660 ahead of the company&#39;s presentation at the 36th Annual Roth Conference.</li>
<li>Fusion Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fusn#NASDAQ">FUSN</a>) gained 97.3% to $20.99 after the company announced agreed to be acquired by AstraZeneca. Also, Leerink Partners downgraded the stock from Outperform to Market Perform but raised its price target from $17 to $21.</li>
<li>SCWorx Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/worx#NASDAQ">WORX</a>) gained 74% to $3.22.</li>
<li>Spire Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spir#NYSE">SPIR</a>) climbed 50.7% to $18.50 after announcing a collaboration with NVIDIA to advance AI-driven weather prediction.</li>
<li>Enveric Biosciences, Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/envb#NASDAQ">ENVB</a>) shares climbed 43.6% to $1.5801 after the company announced that it signed two non-binding term sheets with an undisclosed biotechnology company to pursue the out-licensing of cannabinoid-COX-2 conjugate compounds for pharmaceutical and non-pharmaceutical applications for the treatment of joint diseases.</li>
<li>Zoomcar Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zcar#NASDAQ">ZCAR</a>) rose 33.1% to $1.57 after the company announced that it partnered with EaseMyTrip to integrate its cars within the travel platform.</li>
<li>Hoth Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hoth#NASDAQ">HOTH</a>) surged 32% to $1.51 after the company announced pre-clinical research showcasing the potential of HT-ALZ in Alzheimer&#39;s disease.</li>
<li>Enliven Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/elvn#NASDAQ">ELVN</a>) gained 27.2% to $16.09. The company announced a $90 million private placement financing and provided pipeline updates.</li>
<li>National CineMedia, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ncmi#NASDAQ">NCMI</a>) gained 25.5% to $5.30 after the company posted upbeat results for its fourth quarter and disclosed a new $100 million share repurchase program. The company said it sees first-quarter total revenue of $34.5 million to $35.5 million.</li>
<li>Alignment Healthcare, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alhc#NASDAQ">ALHC</a>) gained 17.7% to $5.50.</li>
<li>Crinetics Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crnx#NASDAQ">CRNX</a>) rose 15% to $43.63 after the company&#39;s Phase 3 PATHFNDR-2 trial of paltusotine in acromegaly achieved the primary and all secondary endpoints.</li>
<li>Li-Cycle Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/licy#NASDAQ">LICY</a>) climbed 14% to $1.2540 after the company announced progress in improving its current liquidity position and it is conducting an internal technical review of the Rochester Hub.</li>
<li>Verb Technology Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/verb#NASDAQ">VERB</a>) gained 12.5% to $0.4055 after falling over 18% on Monday. The company on Friday announced its Market.live launched Facebook and Instagram social shopping technology integration.</li>
<li>Monopar Therapeutics Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mnpr#NASDAQ">MNPR</a>) climbed 12% to $0.75.</li>
<li>Nordstrom, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jwn#NYSE">JWN</a>) gained 11.9% to $19.10 following a report suggesting the company&#39;s founding family is working with Morgan Stanley and Centerview Partners in an attempt to potentially go private.</li>
<li>Alpine Immune Sciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alpn#NASDAQ">ALPN</a>) gained 10.3% to $39.13 following fourth-quarter earnings.</li>
<li>Nocturne Acquisition Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mbtc#NASDAQ">MBTC</a>) rose 10% to $11.00.</li>
<li>DocGo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dcgo#NASDAQ">DCGO</a>) gained 10% to $4.0550. DocGo announced repurchases of common stock and adoption of 10b5-1 trading plan for share repurchase program.</li>
<li>Augmedix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/augx#NASDAQ">AUGX</a>) gained 9.3% to $3.6399 following upbeat fourth-quarter results.</li>
<li>International Paper Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ip#NYSE">IP</a>) climbed 7% to $37.38. International Paper said it has elected Andrew Silvernail as Chief Executive Officer, following an extensive evaluation process.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Greenwave Technology Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gwav#NASDAQ">GWAV</a>) shares fell 56.2% to $0.1634. The company announced it has restructured its senior secured debt.</li>
<li>Seelos Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seel#NASDAQ">SEEL</a>) fell 46.6% to $0.4901 after the company announced that its ALS study with SLS-005 did not meet statistical significance in the primary and secondary endpoint in the Full Analysis Set.</li>
<li>Comtech Telecommunications Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmtl#NASDAQ">CMTL</a>) dipped 26.7% to $3.37 following weak quarterly results.</li>
<li>Solowin Holdings (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/swin#NASDAQ">SWIN</a>) declined 24.7% to $5.80. The company reported H1 2024 financial results.</li>
<li>NuScale Power Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/smr#NYSE">SMR</a>) fell 23.8% to $7.69 after Wells Fargo downgraded the stock from Equal-Weight to Underweight and lowered its price target from $7.50 to $4.50.</li>
<li>Acutus Medical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afib#NASDAQ">AFIB</a>) fell 21.6% to $0.2055 after surging 34% on Monday. Acutus Medical was granted European patent number EP3294412 titled &quot;Localization System And Method Useful In The Acquisition and Analysis of Cardiac Information (For Diagnosis And Treatment Of Cardiac Abnormalities).&quot;</li>
<li>Zepp Health Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/zepp#NYSE">ZEPP</a>) declined 17.2% to $1.01 following quarterly results.</li>
<li>HUYA Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/huya#NYSE">HUYA</a>) fell 15.5% to $3.9887 after it reported fourth-quarter FY23 revenue of $215.5 million, beating the consensus of $210.04 million.</li>
<li>Chijet Motor Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cjet#NASDAQ">CJET</a>) shares fell 15.4% to $0.49 after gaining 18% on Monday.</li>
<li>MicroStrategy Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mstr#NASDAQ">MSTR</a>) shares tumbled 14.8% to $1,279.85 amid a pullback in Bitcoin. MicroStrategy shares dipped over 15% on Monday after the company recently announced pricing of its offering of convertible senior notes.</li>
<li>DLocal Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dlo#NASDAQ">DLO</a>) shares tumbled 14.3% to $15.54 after the company reported mixed fourth-quarter financial results, issued guidance and announced a new CFO.</li>
<li>ACM Research, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/acmr#NASDAQ">ACMR</a>) fell 13.5% to $24.76.</li>
<li>ShiftPixy, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pixy#NASDAQ">PIXY</a>) fell 13.3% to $5.89 after gaining 100% on Monday.</li>
<li>CleanSpark, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clsk#NASDAQ">CLSK</a>) dipped 12.7% to $15.23 amid a pullback in Bitcoin.</li>
<li>JOANN Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/joan#NASDAQ">JOAN</a>) fell 12.7% to $0.1597 after dipping 20% on Monday. JOANN announced that it entered into an agreement to reduce its debt and receive $132 million in new capital and related financial accommodations.</li>
<li>Super Micro Computer, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/smci#NASDAQ">SMCI</a>) dipped 12.2% to $878.99 after the company announced the launch of a proposed public offering of 2,000,000 shares of its common stock.</li>
<li>JOYY Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/yy#NASDAQ">YY</a>) fell 11.6% to $29.50. JOYY posted upbeat earnings for its fourth quarter. The company said it sees first-quarter net revenues of $543 million to $560 million versus market estimates of $579.45 million.</li>
<li>Direct Digital Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/drct#NASDAQ">DRCT</a>) fell 11.4% to $25.58.</li>
<li>GigaCloud Technology Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/gct#NYSE">GCT</a>) fell 11.3% to $30.33.</li>
<li>StoneCo Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/stne#NASDAQ">STNE</a>) shares fell 9.4% to $15.82 after the company reported fourth-quarter financial results.</li>
<li>Marathon Digital Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mara#NASDAQ">MARA</a>) fell 8.7% to $17.70 amid a pullback in Bitcoin.</li>
<li>Coinbase Global, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/coin#NASDAQ">COIN</a>) shares fell 8.1% to $220.14 amid weakness in Bitcoin prices.</li>
<li>Portage Biotech Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prtg#NASDAQ">PRTG</a>) shares fell 7.8% to $0.53 after gaining around 5% on Monday.</li>
<li>Beyond Meat, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bynd#NASDAQ">BYND</a>) shares declined 7.3% to $7.70 after the company filed for a mixed securities shelf offering.</li>
<li>SoundHound AI, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/soun#NASDAQ">SOUN</a>) fell 5.8% to $7.76. The company launched an innovative in-vehicle voice assistant today.</li>
<li>Bitdeer Technologies Group (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btdr#NASDAQ">BTDR</a>) shares dipped 5.6% to $6.99. Bitdeer Technologies Group filed for mixed shelf of up to $750 million.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/03/37819814/around-9m-bet-on-cardlytics-check-out-these-4-stocks-insiders-are-buying"> Around $9M Bet On Cardlytics? Check Out These 4 Stocks Insiders Are Buying</a>

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Why Peraso Shares Are Trading Lower By Over 23%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

U.S. stocks traded mixed midway through trading, with the Dow Jones gaining more than 200 points on Tuesday.
The Dow traded up 0.54% to 39,001.22 while the NASDAQ fell 0.34% to 16,048.51. The S&amp;P 500 also rose, gaining, 0.02% to 5,150.45.
Check This Out: <a href="https://www.benzinga.com/news/24/03/37819139/nvidia-to-rally-around-10-here-are-10-top-analyst-forecasts-for-tuesday"> Nvidia To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Tuesday</a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Energy shares rose by 0.7% on Tuesday.
In trading on Tuesday, communication services shares fell by 1%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Shares of Core &amp; Main, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cnm#NYSE">CNM</a>) gained around 7% on Tuesday after the company reported fourth-quarter results.
Core &amp; Main posted quarterly earnings of 34 cents per share, missing analysts&rsquo; estimates of 35 cents per share. The company&rsquo;s quarterly sales came in at $1.44 billion, versus expectations of $1.43 billion.
Core &amp; Main said it expects 2024 net sales of $7.4 billion to $7.6 billion and adjusted EBITDA of $925 million to $975 million.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
Ontrak, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otrk#NASDAQ">OTRK</a>) shares shot up 132% to $0.44 ahead of the company&#39;s presentation at the 36th Annual Roth Conference.
Shares of Fusion Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fusn#NASDAQ">FUSN</a>) got a boost, surging 97% to $21.00 after the company announced agreed to be acquired by AstraZeneca. Also, Leerink Partners downgraded the stock from Outperform to Market Perform but raised its price target from $17 to $21.
Spire Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spir#NYSE">SPIR</a>) shares were also up, gaining 28% to $15.70 after the company announced a collaboration with NVIDIA to advance AI-driven weather prediction.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
Greenwave Technology Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gwav#NASDAQ">GWAV</a>) shares dropped 57% to $0.1602. The company announced it has restructured its senior secured debt.
Shares of Seelos Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/seel#NASDAQ">SEEL</a>) were down 41% to $0.5394 after the company announced that its ALS study with SLS-005 did not meet statistical significance in the primary and secondary endpoint in the Full Analysis Set.
Comtech Telecommunications Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmtl#NASDAQ">CMTL</a>) was down, falling 27% to $3.3450 following weak quarterly results.
Also Check This Out:<a href="https://www.benzinga.com/news/earnings/24/03/37812053/how-to-earn-500-a-month-from-general-mills-stock-ahead-of-q3-earnings"> How To Earn $500 A Month From General Mills Stock Ahead Of Q3 Earnings</a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 0.4% to $83.03 while gold traded down 0.5% at $2,153.70.
Silver traded down 1.1% to $24.99 on Tuesday, while copper fell 1.5% to $4.07.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were mostly higher today. The eurozone&rsquo;s STOXX 600 fell 0.01%, London&rsquo;s FTSE 100 rose 0.02% while Spain&rsquo;s IBEX 35 Index rose 0.58% The German DAX rose 0.13% French CAC 40 gained 0.52% while Italy&rsquo;s FTSE MIB Index rose 0.59%.
The ZEW Indicator of Economic Sentiment for the Eurozone rose by 8.5 points to a reading of 33.5 in March, while wages in the Eurozone increased 3.1% year-over-year in the fourth quarter. Hourly labor costs rose by 3.4% year-over-year for the quarter.
The ZEW Indicator of Economic Sentiment for Germany climbed to a reading of +31.7 in March, surging to its strongest level since Feb. 2022.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed mostly lower on Tuesday, with Japan&rsquo;s Nikkei 225 gaining 0.66%, Hong Kong&rsquo;s Hang Seng Index falling 1.24%, China&rsquo;s Shanghai Composite Index dipping 0.72% and India&rsquo;s S&amp;P BSE Sensex falling 0.87%.
Industrial production in Japan fell by 6.7% month-over-month in January compared to the preliminary figure of a 7.5% decline. The Bank of Japan increased its key short-term interest rate to around 0% to 0.1%.
&nbsp;
<h3>Economics</h3>
&nbsp;
Housing starts in the U.S. surged 10.7% month-over-month to an annualized rate of 1.521 million in February following a 12.3% decline in January.
U.S. building permits rose by 1.9% to an annual rate of 1.518 million in February, versus market estimates of 1.495 million.
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Dow Jumps 200 Points; Core & Main Shares Gain After Q4 Results

U.S. stocks were mixed, with the Dow Jones index gaining around 75 points on Tuesday.
Shares of National CineMedia, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ncmi#NASDAQ">NCMI</a>) jumped 25.5% to $5.30 after the company posted upbeat results for its fourth quarter and disclosed a new $100 million <a href="https://www.benzinga.com/news/earnings/24/03/37821911/why-national-cinemedia-shares-are-surging-today">share repurchase program</a>.
Operating revenue stood at $90.9 million, beating the consensus of $81.1 million. EPS of 24 cents beat the consensus of 9 cents.
The company said it sees first-quarter total revenue of $34.5 million to $35.5 million.
Here are some other big stocks recording gains in today&rsquo;s session.
<ul>
<li>Fusion Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fusn#NASDAQ">FUSN</a>) shares jumped 97.3% to $20.99 after the company announced agreed to be acquired by AstraZeneca. Also, Leerink Partners downgraded the stock from Outperform to Market Perform but raised its price target from $17 to $21.</li>
<li>Spire Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spir#NYSE">SPIR</a>) shares climbed 50.7% to $18.50 after announcing a collaboration with NVIDIA to advance AI-driven weather prediction.</li>
<li>Zoomcar Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zcar#NASDAQ">ZCAR</a>) jumped 33.1% to $1.57 after the company announced that it partnered with EaseMyTrip to integrate its cars within the travel platform.</li>
<li>Enliven Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/elvn#NASDAQ">ELVN</a>) shares rose 27.2% to $16.09. The company announced a $90 million private placement financing and provided pipeline updates.</li>
<li>Alignment Healthcare, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alhc#NASDAQ">ALHC</a>) shares surged 17.7% to $5.50.</li>
<li>BitFuFu Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fufu#NASDAQ">FUFU</a>) gained 15.2% to $4.70.</li>
<li>Crinetics Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crnx#NASDAQ">CRNX</a>) gained 15% to $43.63 after the company&#39;s Phase 3 PATHFNDR-2 trial of paltusotine in acromegaly achieved the primary and all secondary endpoints.</li>
<li>Nordstrom, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/jwn#NYSE">JWN</a>) climbed 11.9% to $19.10 following a report suggesting the company&#39;s founding family is working with Morgan Stanley and Centerview Partners in an attempt to potentially go private.</li>
<li>Alpine Immune Sciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alpn#NASDAQ">ALPN</a>) rose 10.3% to $39.13 following fourth-quarter earnings.</li>
<li>DocGo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dcgo#NASDAQ">DCGO</a>) climbed 10% to $4.0550. DocGo announced repurchases of common stock and adoption of 10b5-1 trading plan for share repurchase program.</li>
<li>Montauk Renewables, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mntk#NASDAQ">MNTK</a>) gained 8.7% to $4.08.</li>
<li>Lotus Technology Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lot#NASDAQ">LOT</a>) climbed 8.2% to $7.90.</li>
<li>Valneva SE (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/valn#NASDAQ">VALN</a>) gained 7.8% to $8.34. Valneva announced extension of the interest-only period of its debt facility with Deerfield and OrbiMed.</li>
<li>CVR Partners, LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uan#NYSE">UAN</a>) rose 7.1% to $68.27.</li>
<li>International Paper Company (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ip#NYSE">IP</a>) gained 7% to $37.38. International Paper said it has elected Andrew Silvernail as Chief Executive Officer, following an extensive evaluation process.</li>
<li>Endava plc (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dava#NYSE">DAVA</a>) gained 6.4% to $39.58 after JP Morgan upgraded the stock from Neutral to Overweight with a $49 price target. Additionally, Guggenheim initiated coverage on the stock with a Buy rating and a price target of $60.</li>
<li>Core &amp; Main, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cnm#NYSE">CNM</a>) rose 5% to $53.22 following upbeat sales.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/24/03/37819139/nvidia-to-rally-around-10-here-are-10-top-analyst-forecasts-for-tuesday"> Nvidia To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Tuesday</a>

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National CineMedia Reports Upbeat Results, Joins Nordstrom, Core & Main And Other Big Stocks Moving Higher On Tuesday

<h3>Gainers</h3>
<ul>
<li>Zoomcar Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCAR#NASDAQ">ZCAR</a>) stock rose 50.0% to $1.77 during Tuesday's pre-market session. The company's market cap stands at $111.2 million. </li>
<li>Li-Cycle Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LICY#NYSE">LICY</a>) stock moved upwards by 21.86% to $1.34. The market value of their outstanding shares is at $240.0 million. The company's, Q4 earnings came out 2 days ago. </li>
<li>Spire Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) shares moved upwards by 11.97% to $13.75. The market value of their outstanding shares is at $304.3 million. </li>
<li>Bridger Aerospace Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAER#NASDAQ">BAER</a>) stock rose 11.91% to $5.54. The market value of their outstanding shares is at $269.4 million. As per the news, the Q4 earnings report came out today. </li>
<li>Primech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PMEC#NASDAQ">PMEC</a>) stock rose 11.21% to $3.47. The company's market cap stands at $123.3 million. </li>
<li>Staffing 360 Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STAF#NASDAQ">STAF</a>) shares rose 8.94% to $0.34. The market value of their outstanding shares is at $2.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Greenwave Tech Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) stock declined by 52.6% to $0.18 during Tuesday's pre-market session. The company's market cap stands at $2.9 million. </li>
<li>ShiftPixy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PIXY#NASDAQ">PIXY</a>) stock decreased by 22.8% to $5.25. The market value of their outstanding shares is at $28.3 million. </li>
<li>NuScale Power (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) shares declined by 12.68% to $8.82. The market value of their outstanding shares is at $703.9 million. As per the press release, Q4 earnings came out 3 days ago. </li>
<li>Vertical Aerospace (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVTL#NYSE">EVTL</a>) shares fell 8.44% to $0.76. The market value of their outstanding shares is at $168.1 million. </li>
<li>Sentage Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNTG#NASDAQ">SNTG</a>) stock fell 8.34% to $2.31. The company's market cap stands at $6.4 million. </li>
<li>voxeljet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VJET#NASDAQ">VJET</a>) stock declined by 8.1% to $0.5. The market value of their outstanding shares is at $4.5 million. 
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</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Industrials Stocks Moving In Tuesday's Pre-Market Session

Shares of Fusion Pharmaceuticals Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fusn#NASDAQ">FUSN</a>) rose sharply in today&rsquo;s pre-market trading after the company agreed to be acquired by AstraZeneca for <a href="https://www.benzinga.com/quote/FUSN/news">around $2 billion in cash</a>.
Fusion Pharmaceuticals shares jumped 94.5% to $20.71 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3>Gainers</h3>
<ul>
<li>Ontrak, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/otrk#NASDAQ">OTRK</a>) shares rose 84.2% to $0.35 in pre-market trading.</li>
<li>Zoomcar Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zcar#NASDAQ">ZCAR</a>) rose 59.3% to $1.88 in pre-market trading. EaseMyTrip announced a strategic partnership with Zoomcar to provide pre-booked and on-demand self-drive cars in India.</li>
<li>Chijet Motor Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cjet#NASDAQ">CJET</a>) shares rose 26.8% to $0.7357 in pre-market trading after gaining 18% on Monday.</li>
<li>Li-Cycle Holdings Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/licy#NASDAQ">LICY</a>) climbed 25.5% to $1.38 in pre-market trading after the company issued a business update, following announcement of $75 million investment from Glencore.</li>
<li>National CineMedia, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ncmi#NASDAQ">NCMI</a>) gained 23.2% to $5.20 in pre-market trading after the company posted upbeat results for its fourth quarter and disclosed a new $100 million share repurchase program. The company said it sees first-quarter total revenue of $34.5 million to $35.5 million.</li>
<li>Verb Technology Company, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/verb#NASDAQ">VERB</a>) gained 18.9% to $0.4276 in pre-market trading after falling over 18% on Monday. The company on Friday announced its Market.live launched Facebook and Instagram social shopping technology integration.</li>
<li>Spire Global, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spir#NYSE">SPIR</a>) rose 17.4% to $14.42 in pre-market trading after announcing a collaboration with NVIDIA to advance AI-driven weather prediction.</li>
<li>Spectaire Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spec#NASDAQ">SPEC</a>) shares gained 17.3% to $1.22 in pre-market trading after gaining 6% on Monday.</li>
<li>Augmedix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/augx#NASDAQ">AUGX</a>) gained 14.7% to $3.82 in pre-market trading following upbeat fourth-quarter results.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Greenwave Technology Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gwav#NASDAQ">GWAV</a>) dipped 53.6% to $0.1730 in pre-market trading after jumping 23% on Monday.</li>
<li>JOANN Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/joan#NASDAQ">JOAN</a>) fell 19.5% to $0.1474 pre-market trading after dipping 20% on Monday. JOANN announced that it entered into an agreement to reduce its debt and receive $132 million in new capital and related financial accommodations.</li>
<li>ShiftPixy, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pixy#NASDAQ">PIXY</a>) fell 17.1% to $5.64 in pre-market trading after gaining 100% on Monday.</li>
<li>Acutus Medical, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afib#NASDAQ">AFIB</a>) fell 15% to $0.2227 pre-market trading after surging 34% on Monday. Acutus Medical was granted European patent number EP3294412 titled &quot;Localization System And Method Useful In The Acquisition and Analysis of Cardiac Information (For Diagnosis And Treatment Of Cardiac Abnormalities).&quot;</li>
<li>Alpine 4 Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/alpp#NASDAQ">ALPP</a>) fell 14.1% to $0.61 in pre-market trading after declining over 4% on Monday.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) declined 14% to $0.50 in pre-market trading. Wearable Devices shares jumped over 30% on Monday after the company published a report saying the Mudra Band &#39;Can Be the Neural Bridge for Apple and Meta in their Next Wave of Smart Glasses Interaction.&#39;</li>
<li>DLocal Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dlo#NASDAQ">DLO</a>) shares tumbled 13.3% to $15.77 in pre-market trading after the company reported mixed fourth-quarter financial results, issued guidance and announced a new CFO.</li>
<li>StoneCo Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/stne#NASDAQ">STNE</a>) shares fell 9.8% to $15.75 in pre-market trading after the company reported fourth-quarter financial results.</li>
<li>Portage Biotech Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prtg#NASDAQ">PRTG</a>) shares fell 9.7% to $0.5194 in pre-market trading after gaining around 5% on Monday</li>
<li>MicroStrategy Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mstr#NASDAQ">MSTR</a>) shares tumbled 9.2% to $1,365.00. MicroStrategy shares dipped over 15% on Monday after the company recently announced pricing of its offering of convertible senior notes.</li>
</ul>
&nbsp;
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Pre-Market Outlook

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Why Fusion Pharmaceuticals Shares Are Trading Higher By Around 95%; Here Are 20 Stocks Moving Premarket

Spire Global shares are trading higher after the company announced a collaboration with NVIDIA to advance AI-driven weather prediction.

Data analytics company&nbsp;Spire Global Inc&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) shares are surging after the company said it is collaborating with&nbsp;NVIDIA Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/03/b37805926/spire-global-to-enhance-ai-driven-weather-prediction-in-collaboration-with-nvidia" rel="noreferrer noopener">to advance AI-driven weather prediction</a>.&nbsp;
Through the partnership, Spire&#8217;s Radio Occultation (RO) data and proprietary data assimilation (DA) capabilities will be integrated with NVIDIA Earth-2 Cloud APIs to make use of AI to boost climate and weather predictions.
Spire&#8217;s multipurpose constellation of satellites, utilizing RO technology, offers coverage of precise vertical profiles of temperature, pressure, and humidity across the globe.
By linking the dataset and Spire&#8217;s proprietary DA analyses with NVIDIA&#8217;s advanced AI platforms and APIs, the partnership aims to increase the accuracy in weather forecasting.
Spire will aim to deliver differentiated forecast products that are computationally infeasible using traditional NWP models.
These capabilities will enhance Spire&#8217;s core products, such as the DeepVision weather risk mitigation platform, maritime route optimization, and renewable energy power forecasts.&nbsp;
&#8220;As our world grapples with dynamic shifts in climate, anticipating and mitigating the impact of extreme-weather events poses escalating challenges for companies, individuals, and communities,&#8221; said Michael Eilts, general manager of weather and climate at Spire.
Price Action: SPIR shares are trading higher by 16.4% at $14.30 in premarket on the last check Tuesday.
Photo vis Shutterstock

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NVDA

Why Data Analytics Company Spire Global Shares Are Surging Today

Reported Earlier, Spire Global Enters Collaboration With NVIDIA To Advance AI-driven Weather Prediction

<h3>Gainers</h3>
<ul>
<li>Orion Group Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORN#NYSE">ORN</a>) shares increased by 5.3% to $8.92 during Friday's after-market session. The company's market cap stands at $290.3 million. </li>
<li>SOS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOS#NYSE">SOS</a>) stock increased by 4.84% to $2.38. The company's market cap stands at $21.8 million. </li>
<li>American Rebel Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AREB#NASDAQ">AREB</a>) stock rose 4.79% to $0.34. The company's market cap stands at $2.0 million. </li>
<li>Greenwave Tech Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWAV#NASDAQ">GWAV</a>) stock increased by 4.08% to $0.52. The company's market cap stands at $8.6 million. </li>
<li>Sunrise New Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EPOW#NASDAQ">EPOW</a>) shares increased by 4.03% to $0.91. The company's market cap stands at $23.7 million. </li>
<li>AERWINS Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWIN#NASDAQ">AWIN</a>) shares increased by 3.84% to $0.09. The market value of their outstanding shares is at $6.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Pioneer Power Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPSI#NASDAQ">PPSI</a>) stock declined by 7.5% to $5.09 during Friday's after-market session. The company's market cap stands at $50.5 million. </li>
<li>VirTra (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VTSI#NASDAQ">VTSI</a>) shares declined by 5.69% to $8.47. The market value of their outstanding shares is at $93.9 million. </li>
<li>Swvl Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWVL#NASDAQ">SWVL</a>) stock fell 5.35% to $5.31. The market value of their outstanding shares is at $36.0 million. </li>
<li>TPI Composites (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPIC#NASDAQ">TPIC</a>) stock fell 4.98% to $3.25. The company's market cap stands at $153.5 million. </li>
<li>CBAK Energy Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBAT#NASDAQ">CBAT</a>) stock decreased by 3.78% to $1.02. The market value of their outstanding shares is at $91.2 million. </li>
<li>Spire Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) shares declined by 3.55% to $12.23. The company's market cap stands at $270.6 million. As per the press release, Q4 earnings came out 2 days ago. 
See Also: <a href="http://www.benzinga.com/money/best-industrials-stocks/" title="www.benzinga.com/money/best-industrials-stocks/">www.benzinga.com/money/best-industrials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AREB

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PPSI

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
While <a href="https://investorplace.com/stock-types/blue-chip-stocks/">blue-chip stocks</a> play an essential role in a well-balanced portfolio, investors should always leave room for high-<a href="https://investorplace.com/stock-types/growth-stocks/">growth stocks</a> to add to gains during bull market cycles. Those who invest in a range of <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a> with outsized growth potential may see mixed results. That&rsquo;s largely due to the nature of such companies, in the high-risk, high-reward world of smaller market capitalizations.



Penny stocks, or those that trade for less than $5 per share, or with small market caps and low floats, are higher risk by nature. Many such companies go bust, leaving investors who took on the risk to bear the burden of these losses. Thus, it&rsquo;s important when considering investing in this space to use a small slice of one&rsquo;s portfolio. Also, investors should use money they don&rsquo;t mind losing.



Therefore, even if one or two winners from a group of, say 10, penny stocks provide 10x returns, investors are ahead of the game. The idea is to hold onto these companies until they mature, get bought out, or the thesis changes.



Let&rsquo;s explore three such penny stocks I&rsquo;ve got on my buy list right now.



<h2>Surge Battery Metals (NILIF)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/mining1600b-300x169.jpg" alt="mining penny stocks"><div>Source: Shutterstock</div></div>Surge Battery Metals (OTCMKTS:<a href="https://investorplace.com/stock-quotes/nilif-stock-quote/">NILIF</a>) is a lithium mining company unknown to many investors. Previous <a href="https://finance.yahoo.com/news/surge-battery-metals-unearths-highest-164845165.html">press releases</a> center around the company&rsquo;s high-grade lithium clay deposits in Northeastern Nevada.



Also, NILIF owns the rights to a vast plot of land in Nevada, near known lithium deposits. Having garnered investment from other major lithium players, these deposits are increasingly vetted. And, the numbers look solid.



Recent drilling and sampling efforts led to the publication of the maiden mineral resource estimate. That reveals a substantial resource of 4.7 million tones at 2,900 parts per million. It has a high-grade segment of 4.1 million tones at approximately 3,100 parts per million. This would make Surge Battery Metals&rsquo; deposit one of the most extensive and highest-grade lithium resources in the U.S.



The company is collaborating with lithium processing expert Dr. Vijay Mehta and Cameco consultants to enhance the lithium extraction process. Spring and summer drilling programs aim to boost resource size and grade. Also, a preliminary economic assessment is planned for late fall. Additionally, expansion efforts with the Bureau of Land Management seek approval for a 250-acre drilling operation. 



If the company can fulfill its plans in the coming years, it could be a major player in lithium mining one day.



<h2>Nikola Corp. (NKLA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/06/nkla1600-2-300x169.png" alt="Nikola (NKLA) Tre BEV electric truck at the Hannover IAA Transportation Motor Show. Germany"><div>Source: VanderWolf Images / Shutterstock.com</div></div>When it comes to penny stocks with massive upside potential, green energy player Nikola (NASDAQ:<a href="https://investorplace.com/stock-quotes/nkla-stock-quote/">NKLA</a>) is one company many investors may not want to touch. That&rsquo;s partly due to the company&rsquo;s stark decline in recent years. Shares of the embattled hydrogen and battery truck maker are sinking to the $1 level at the time of writing. 



And so, the company is making progress in its goals of becoming a major player in possibly a big industry. Recently, Nikola announced the company delivered 35 hydrogen fuel cell trucks in Q4 and secured $230 million in equity capital, enhancing its R&amp;D efforts.



The company aims to deliver up to <a href="https://www.reuters.com/business/autos-transportation/ev-truck-maker-nikola-posts-narrower-loss-fourth-quarter-2024-02-22/">350 hydrogen-powered trucks</a> in 2024, following cost reductions and its first revenue from these vehicles. A minor Q4 loss highlighted the company&rsquo;s most recent earnings report. But, as the company scales up like it intends, possible profitability could be a few years away.



Finally, it&rsquo;s unclear whether investors are willing to wait that long for this trend to improve. Personally, I think a $1 per share price is a great entry point. But it may still be too early. 



Therefore, this is a more speculative play in a sector with an obscure outlook. So, there&rsquo;s big long-term upside potential, or more big losses, in store for investors. This is one penny stock I&rsquo;d only buy in a group. Nevertheless, it&rsquo;s a company I think could certainly be an interesting risk/reward bet right now.



<h2>SpireGlobal (SPIR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/11/spir1600-300x169.png" alt="Person holding smartphone with logo of US data analytics company Spire Global Inc. (SPIR) on screen in front of website. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>Surging more than 20% after announcing its Q4 2023 results last March 6 is SpireGlobal (NYSE:<a href="https://investorplace.com/stock-quotes/spir-stock-quote/">SPIR</a>). Its recent partnership with Signal Ocean utilizes satellite data for maritime digitalization developments and international security services.



The company prided itself on excellent revenue growth, which reached 34% year over year (YOY). Also, SpireGlobal witnessed improvement on their growth margins which rose from 15% to 65%. The numbers have provided resilience for its stock price, as have key partnerships with various aerospace companies. Utilizing nanosatellites, SPIR monetizes data analytics services. Its business model can be demonstrated with a substantial NASA NOAA contract worth $476 million.



As a data provider leveraging satellite and aircraft data, SPIR could see a significant surge over time, if the market understands its true potential. The <a href="https://investorplace.com/2024/03/spir-stock-alert-nvidia-just-gave-spire-global-a-huge-boost/">company recently collaborated</a> with Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) to enhance AI-driven weather predictions. This deal offers big upside potential to those who believe this company&rsquo;s services can be monetized over time. Like the other picks on this list, SpireGlobal is certainly a high-risk bet. But it&rsquo;s one I think is intriguing at current levels.



On Penny Stocks and Low-Volume Stocks:&nbsp;With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&nbsp;<a href="http://investorplace.com/">InvestorPlace.com</a>&rsquo;s writers disclose this fact and warn readers of the risks.



Read More:&nbsp;Penny Stocks &mdash;&nbsp;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/">How to Profit Without Getting Scammed</a>



On the date of publication, Chris MacDonald did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Chris MacDonald&rsquo;s love for investing led him to pursue an MBA in Finance and take on a number of management roles in corporate finance and venture capital over the past 15 years. His experience as a financial analyst in the past, coupled with his fervor for finding undervalued growth opportunities, contribute to his conservative, long-term investing perspective.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/03/3-high-growth-penny-stocks-to-load-up-on-before-its-too-late/">3 High-Growth Penny Stocks to Load Up On Before It's Too Late</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Government contracts and regulations highly influence <a href="https://investorplace.com/industries/industrial/space/">space stocks</a>. Yet high-growth initiatives continue to emerge. 



New 3D printing and materials technologies are increasingly making <a href="https://investorplace.com/industries/industrial/space/">space stocks</a> more viable. Also, investors should be comfortable with a higher risk due to heavy capital needed for initial lift off.&nbsp;



In fact, the space-related market is heading for steady growth in satellite deployment, science applications and exploration. According to a CoherentMI report, forecasted CAGR is 8.9%, from $518.48 billion market size in 2023 to $1.1 trillion by 2030.



Let&rsquo;s examine three best space stocks to buy in April that aren&rsquo;t far off from their 52-week lows.



<h2>Rocket Lab USA (RKLB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/02/satellite-maxr-300x169.jpg" alt="(RKLB stock, space stocks) satellite over the Earth"><div>Source: Andrzej Puchta / Shutterstock.com</div></div>Besides SpaceX going public, Rocket Lab USA (NASDAQ:<a href="https://investorplace.com/stock-quotes/rklb-stock-quote/">RKLB</a>) has served as the next best exposure to space stocks. Having deflated from its 52-week high of $8.05 by 95% to present $4.11, RKLB is now in discounted territory.



The company&rsquo;s biggest flop happened last September with the failure of its Electron rocket to deliver satellites for Capella Space. To secure more funding and pay off existing debt, Rocket Lab closed the private offering of $355 million worth of convertible senior notes in February.



However, in the space sector, failures happen. Despite some setbacks, Rocket Lab managed to beat its previous launch record in 2023 with 10 launches. Likewise, the new record was set for signed launch deals at 18 Electron and 7 HASTE contracts. HASTE is for the emerging suborbital market space.



In 2024, Rocket lab is avoiding mission failure, having launched multiple satellites within the &ldquo;Four Of A Kind&rdquo; mission for Spire Global and NorthStar Earth &amp; Space. Without any profitable quarters during 2023, Rocket Lab&rsquo;s <a href="https://s28.q4cdn.com/737637457/files/doc_presentations/2024/02/final_rocket-lab-q4-2023-presentation.pdf" target="_blank">gross margin</a> improved from 12% in Q1 to 26% in Q4.&nbsp;



Twelve months ahead, 10 analyst forecasts pulled from Nasdaq view the average RKLB price target at $8 versus the current $4.11 per share.&nbsp;



<h2>Boeing (BA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/02/shutterstock_1212299986-300x169.jpg" alt="BA stock: a blue and white Boeing 787 flying in the sky above the clouds"><div>Source: vaalaa / Shutterstock</div></div>Despite negative public spotlight throughout 2024, Boeing (NYSE:<a href="https://investorplace.com/stock-quotes/ba-stock-quote/">BA</a>) is now 8.7% above its <a href="https://tokenist.com/boeing-ceo-vows-to-fix-what-isnt-working-will-step-down-from-role-by-year-end/" target="_blank">52-week low of $176.25</a> compared to present $193. It is a rare market opportunity when wide moat stocks such as BA are so heavily discounted.



Playing the key role in the U.S. military machine, Boeing isn&rsquo;t going anywhere, regardless of scandals or CEO stepping down. As a space stock, the company has been NASA&rsquo;s key player in developing the CST-100 Starliner to deliver astronauts to the International Space Station (ISS).



Within its Defense, Space &amp; Security (BDS) division, the Boeing Satellite Development Center (BDC) deployed over 50 satellites to date. Also, other investors are well-aware of Boeing&rsquo;s infrastructural role in military and aero-space. So, it is likely that its 52-week low will not be revisited.



Not accounting for major airplane crashes or more suspicious whistleblower deaths, 22 analysts pulled by Nasdaq view the average BA price target at $243.78 vs current $193 per share.



<h2>Spire Global (SPIR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/11/spir1600-300x169.png" alt="Person holding smartphone with logo of US data analytics company Spire Global Inc. (SPIR) on screen in front of website. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>Spire Global (NYSE:<a href="https://investorplace.com/stock-quotes/spir-stock-quote/">SPIR</a>) has had a massive rally over the year. Presently priced at $12, the stock is up 262% from its 52-week low of $3.31 per share. Although far from being discounted, investors should understand why Spire Global is hot and if the trend is likely to continue.



Not directly involved with launches, Spire delivers space-to-cloud data analytics to track hundreds of satellites orbiting Earth. Having a recurrent service model for both private and government sectors, such as NASA and NOAA, the company handles real-time satellite data and transforms it to an actionable format to customers.



Most recently in March, Spire Global partnered with Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>)to deliver AI-powered weather predictions. The company concluded 2023 with the <a href="https://d1io3yog0oux5.cloudfront.net/_1a5814f11804fd90d760107494740cc1/spire/db/1912/17830/pdf/Spire+Q4%2723+Presentation_Final.pdf">10th consecutive quarterly revenue growth</a>. It showed 50% operating loss improvement from $16.3 million in Q4 of 2022 to $8.2 million in Q4 of 2023.



Based on insights from seven analysts aggregated by Nasdaq, SPIR could go even higher. The average price target is $22 versus its current $12 per share.&nbsp;



On the date of publication, Shane Neagle did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://protect-us.mimecast.com/s/XtC3C1wq33iErOvYSGOsXg?domain=investorplace.com/">Publishing Guidelines</a>.
<div>Shane Neagle is fascinated by the ways in which technology is poised to disrupt investing. He specializes in fundamental analysis and growth investing.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/04/the-3-best-space-stocks-to-buy-in-april-2024/">The 3 Best Space Stocks to Buy in April 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
You know the feeling &mdash; scouring the internet, reading analyst reports and listening to talking heads on financial TV, all in the hopes of finding that elusive &ldquo;10-bagger&rdquo; stock pick that could turn your modest investment into a life-changing windfall. But let&rsquo;s be honest, by the time a hot stock is making headlines and being touted by the experts, the easy money has likely already been made.



The real fortunes are built by getting in early on under-the-radar stocks before the mainstream catches on. They&rsquo;re often risky small-cap bets, but that&rsquo;s exactly why they offer such mouthwatering upside potential.



You should never go all-in on <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks.</a> However, it makes sense to have a solid base of <a href="https://investorplace.com/stock-types/blue-chip-stocks/">blue-chip stocks</a> as the core of your portfolio. Allocating a small slice &mdash; say 5 to -10% &mdash; to high-risk, high-reward plays can be the secret sauce that supercharges your overall returns. Here are three such stocks.



<h2>IZEA Worldwide (IZEA)</h2>



<div><img width="300" height="165" src="https://investorplace.com/wp-content/uploads/2018/07/izeamsn-compressor-300x165.jpg" alt=""><div>Source: Shutterstock</div></div>IZEA Worldwide (NASDAQ:<a href="https://investorplace.com/stock-quotes/izea-stock-quote/">IZEA</a>) is in the influencer marketing space. The company has been connecting creators and marketers through advanced services tailored for top brands and agencies.



The rise of social media has ushered in a new era of influencers, and their numbers continue to swell as more people spend an increasing amount of their time online. That trend is unlikely to abate anytime soon, positioning IZEA as a potential long-term investment opportunity. The business is still relatively small, with its market capitalization hovering around $40 million. IZEA stock has also been trading sideways for the past year and a half.



However, the financial prospects here look promising for the long haul. Analysts project blistering earnings per share (EPS) growth, with the company expected to <a href="https://seekingalpha.com/symbol/IZEA/earnings/estimates">nearly break even in 2025.</a> If this EPS growth trajectory sustains, we could witness IZEA pulling off multibaggers going forward, as the current market capitalization sits below forward revenue. That leaves ample room for margin expansion, and revenue is also anticipated to grow by 17% in 2024 and 22% in 2025.



Moreover, IZEA boasts a robust balance sheet, with $55 million in cash and no debt.



<h2>Spire Global (SPIR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/02/satellite-maxr-300x169.jpg" alt="(RKLB stock, space stocks) satellite over the Earth"><div>Source: Andrzej Puchta / Shutterstock.com</div></div>Spire Global (NYSE:<a href="https://investorplace.com/stock-quotes/spir-stock-quote/">SPIR</a>) operates in the satellite business, a sector that carries inherent risks and volatility. However, that doesn&rsquo;t preclude the possibility of SPIR stock delivering multibagger returns, especially considering its current undervaluation relative to its future prospects.



Satellite companies often trade at steep premiums despite generating meager sales and profits. If a space company can deliver both growth and profitability simultaneously, it could easily command a substantial premium from the market. Spire Global could be poised to do just that in the near future.



The company is <a href="http://seekingalpha.com/symbol/SPIR/earnings/estimates">expected to reach profitability in 2025,</a> with analysts forecasting significant EPS growth going forward. Moreover, revenue growth is projected to hover around 30% annually, a remarkable feat for a company whose stock is currently trading at bargain-basement levels. This setup presents an ideal scenario for substantial upside potential.



<h2>Data Storage Corporation (DTST)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/big-data-business-300x169.png" alt="An image of a person typing at a kayboard with data overlaid, hand pointing toward data"><div>Source: everything possible/Shutterstock</div></div>If you&rsquo;ve been following my articles recently, you&rsquo;re likely familiar with Data Storage Corporation (NASDAQ:<a href="https://investorplace.com/stock-quotes/dtst-stock-quote/">DTST</a>). It is a data center play that I&rsquo;ve been bullish on and one that has paid off handsomely thus far. The cloud computing boom shows no signs of abating as the world becomes increasingly digitalized. AI is also becoming an integral part of our daily lives. Data demand is poised to skyrocket with the advent of new AI models like OpenAI&rsquo;s text-to-video Sora model, making stocks like DTST an attractive long-term investment proposition.



While DTST has pulled back after a somewhat disappointing <a href="https://seekingalpha.com/article/4681023-data-storage-corporation-dtst-q4-2023-earnings-call-transcript">Q4 earnings report,</a> I&rsquo;m not losing any sleep over these numbers. The company missed revenue estimates by a mere 1.76%, coming in at $6.19 million versus the expected $6.3 million. And yes, the company posted a slight loss of 1 cent per share. However, Data Storage Corp still achieved profitability for the full year and is guiding for robust revenue growth going forward.



Moreover, the company maintains a 94% renewal rate with an average contract term of 24 months. The balance sheet includes $12.7 million in cash and marketable securities, no long-term debt, and over $11 million in working capital. Additionally, with over 60 proposals outstanding totaling over $8 million in potential contract value, the pipeline looks promising.



On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines.</a>
<div>Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor with a focus on growth and cyclical stocks that have strong fundamentals, value, and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on <a href="https://www.linkedin.com/in/omor-ibne-ehsan-56068022b/">LinkedIn</a>.</div><h3>More From InvestorPlace</h3>
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<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
<a href="https://investorplace.com/industries/industrial/space/">Space stocks</a> are becoming increasingly appealing to investors as broader market indices, such as the S&amp;P 500, experience declines. This market downturn presents a unique opportunity. Savvy investors can acquire shares of space stocks at significantly reduced prices. And this could potentially lead to seven-figure opportunities.



Investing in these companies at an early stage can offer substantial returns for those willing to hold positions over the long term. The space industry is still in its nascent stages. Fortunately, many companies are poised for significant growth as the sector matures.



Although it would take a very substantial investment, high risk tolerance, a bit of luck and the right mix of fundamentals and hype, I think that there are three space stocks that could mint a new generation of millionaires overnight.



So let&rsquo;s explore three space stocks for investors to buy. Don&rsquo;t miss out on these potentially life-changing opportunities.



<h2>Virgin Galactic (SPCE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/06/spce-1600-300x169.jpg" alt="spce stock"><div>Source: rafapress / Shutterstock.com</div></div>Virgin Galactic (NYSE:<a href="https://investorplace.com/stock-quotes/spce-stock-quote/">SPCE</a>) focuses on commercial space tourism, offering suborbital flights for passengers&#8203;. The company has successfully completed multiple crewed test flights, including the launch of its founder Richard Branson in 2021.



SPCE <a href="https://marketbusinessnews.com/virgin-galactic-refocuses-on-next-gen-delta-class-spacecraft-amid-strategic-operation-shift/356654/">completed six spaceflights</a> within six months, achieving a major milestone last year. In Q4 2023, Virgin Galactic reported a net loss of $103 million. Yet, it continues to project growth through its next-generation Delta-class spacecraft. The ship aims to provide a 12-fold increase in revenue per ship compared to the current Unity spacecraft. These ships are planned to enter ground and flight testing by 2025 and commercial service in 2026&#8203;.



Hence, SPCE is figuratively and literally a shot at the moon. But I think it has all the right ingredients to make it there. It trades at only 88 cents, which are new yearly and five-yearly lows.



A lot is riding on its Delta spacecraft, but it could be the juice that takes it to the next level.



<h2>Rocket Lab USA (RKLB)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/02/satellite-maxr-300x169.jpg" alt="(RKLB stock, space stocks) satellite over the Earth"><div>Source: Andrzej Puchta / Shutterstock.com</div></div>Developing launch services and spacecraft technologies, Rocket Lab USA (NASDAQ:<a href="https://investorplace.com/stock-quotes/rklb-stock-quote/">RKLB</a>) plans to <a href="https://s28.q4cdn.com/737637457/files/doc_presentations/2024/02/final_rocket-lab-q4-2023-presentation.pdf#:~:text=URL%3A%20https%3A%2F%2Fs28.q4cdn.com%2F737637457%2Ffiles%2Fdoc_presentations%2F2024%2F02%2Ffinal_rocket">increase its number of launches</a>. Further, it is developing its Neutron launch vehicle for larger payloads. Also, RKLB announced plans to introduce a range of spacecraft buses for various mission profiles. These include the original Photon bus as well as the new Lightning, Pioneer and Explorer buses.



Rocket Lab&rsquo;s achievements in 2023, including its return to service and growth in its backlog of projects, position it for continued growth in 2024. Additionally, it continues to focus on financial stability. RKLB is reducing its capital expenditures following the completion of Neutron and aiming for positive EBITDA.



Like with SPCE, RKLB also trades at a steep discount. And, it&rsquo;s a penny stock with its share price sliding 60.79% over the past five years. Thus, investors should be patient to allow for the bull thesis to play out.



<h2>Spire Global (SPIR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/11/spir1600-300x169.png" alt="Person holding smartphone with logo of US data analytics company Spire Global Inc. (SPIR) on screen in front of website. Focus on phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>Spire Global (NYSE:<a href="https://investorplace.com/stock-quotes/spir-stock-quote/">SPIR</a>) provides space-based data and analytics services, offering insights about Earth from a unique vantage point.



Also, SPIR is the least speculative option on this list. So, the upside may be slightly less, but there&rsquo;s less speculation involved as the tradeoff.



SPIR <a href="https://ir.spire.com/news-events/press-releases/detail/200/spire-global-announces-strong-third-quarter-2023-results">reported strong financial performance</a> for 2023, achieving positive cash flow from operations and solidifying its revenue growth trajectory. Q4 2023 revenue was reported at $27.7 million, contributing to a total of $105 million for the year. This marks a record-setting 10th consecutive quarter of revenue growth. It&rsquo;s been driven by new customer acquisitions and increased adoption by existing clients.



For 2024, Spire Global aims to sustain this positive momentum by launching new satellite missions, expanding its space services offerings and enhancing data analytics through partnerships. Additionally, the company forecasts further growth. Especially with the new missions backlog at a record level, it includes new contracts for satellite constellation management&#8203; as well.



On the date of publication, Matthew Farley did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.
<div>Matthew started writing coverage of the financial markets during the crypto boom of 2017 and was also a team member of several fintech startups. He then started writing about Australian and U.S. equities for various publications. His work has appeared in MarketBeat, FXStreet, Cryptoslate, Seeking Alpha, and the New Scientist magazine, among others.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/05/3-space-stocks-with-the-potential-to-make-you-an-overnight-millionaire/">3 Space Stocks With the Potential to Make You an Overnight Millionaire</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

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Spire Global Stock (NYSE:SPIR), Short Interest Report

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