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Wynn Resorts Stock Ticks Higher On Q4 Performance – Here’s Why

By Erica Kollmann
February 7, 5:45 PM
Wynn Resorts reported quarterly earnings of $1.91 per share which beat the analyst consensus estimate of $1.15 per share by just over 66%. The company reported quarterly sales of $1.84 billion, beating the analyst consensus estimate of $1.74 billion by 5.83% and representing a 83.08% increase over sales of $1 billion from the same period last year.

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What’s Going On With Plug Power Stock?

By Erica Kollmann
February 7, 4:17 PM
UBS analyst Manav Gupta downgraded Plug Power stock from Buy to Neutral and announced a $4.75 price target, and Seaport Global analyst Tom Curran downgraded Plug Power from Buy to Neutral on Tuesday. Redburn Atlantic analyst Skye Landon initiated coverage on Plug Power with a Neutral rating and announced a price target of $4.50 as well.

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Why Alzheimers-Drug Developer Cassava Sciences Stock Is Trending

By Erica Kollmann
February 7, 12:15 PM
The top-line results showed no decline in cognition scores in patients with mild Alzheimer's disease who received simufilam continuously for 24 months. "We're fighting Alzheimer's disease by testing simufilam, a new type of drug that has a completely different mechanism of action from monoclonal antibody drug treatments," said Remi Barbier, CEO of Cassava.

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2 minute read

Why Enphase Energy Stock Is Charging Today

By Erica Kollmann
February 7, 11:19 AM
Enphase shares are trading higher due in part to an upgrade from Oppenheimer analyst Colin Rusch who upgraded the stock from Perform to Outperform and announced a $133 price target on Wednesday. Additionally, BMO Capital analyst Ameet Thakkar maintained Enphase Energy with a Market Perform and raised the price target from $106 to $110 following the earnings report.

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E.l.f. Beauty Shares Climb After Q3 Earnings Beat, Raises 2024 Guidance Above Estimates

By Erica Kollmann
February 6, 5:53 PM
E.l.f. Beauty reported quarterly earnings of 74 cents per share, beating the analyst consensus estimate of 51 cents by 45.1% and representing a 54.17% increase over earnings of 48 cents per share from the same period last year. Quarterly sales clocked in at $270.94 million which beat the analyst consensus estimate of $231.13 million by 17.23%. This is a 84.9% increase over sales of $146.54 million year-over-year.

ELF

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2 minute read

What’s Going On With Chinese EV-Maker XPeng Stock?

By Erica Kollmann
February 6, 1:10 PM
Shares of several Chinese companies, including XPeng, are climbing Tuesday as the Chinese government continues to plan initiatives to prop up the country's slumping economy. On Monday night, Bloomberg reported China President Xi Jinping will be briefed on the latest market conditions and policy initiatives by regulators including the China Securities Regulatory Commission as soon as Tuesday.

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