Benzinga Pro's Stocks To Watch For Thursday
- Apple (AAPL) - Shares were up more than 1% in pre-market activity following data out of the company highlighting strong year-end growth to its App Store. The company said "App Store customers spent a record $1.42 billion between Christmas Eve and New Year’s Eve, a 16% increase over last year, and $386 million on New Year’s Day 2020 alone, a 20% increase over last year and a new single-day record." Additionally, a report suggested data from the Chinese government showed iPhone sales in China were up 18% in December.
- L Brands (LB) - The company cut Q4 EPS guidance from $2 to about $1.85, versus an analyst consensus estimate of $2.38. The company said holiday same-store sales were down 3% on a year-over-year basis.
- Tufin Software (TUFN) - The stock was down nearly 30% following Q4 sales guidance which was reduced from a range of $34 million to $38 million to a new range of $29.5 million to $30.1 million.
- VBI Vaccines (VBIV) - Reported the second pivotal Phase 3 study of its Sci-B hepatitis B vaccine met primary and secondary endpoints. Shares were up 24%.
- Eltek (ELTK) - A potential low-float play for Thursday's session, the company announced it won up to $1.4 million in added orders from an unnamed government authority. The issue has about 1.3 million shares in its float. The stock was up about 17%.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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