Marathon Asset Management established a new 300,000 share position in Cinemark, valued at $8.41 million, representing 11.2% of its reportable U.S. equity assets. The investment suggests confidence in the movie theater industry's continued consumer spending.

The needle coke market is expected to grow significantly due to increasing demand for graphite electrodes in electric arc furnaces and lithium-ion batteries, as well as rising consumer interest in health and beauty products containing needle coke.

EAF earnings call for the period ending March 31, 2024.

GrafTech (EAF) delivered earnings and revenue surprises of 44.44% and 16.58%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Throughout the last three months, 4 analysts have evaluated GrafTech International (NYSE:EAF), offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 2 0 0 3M Ago 0 0 0 0 0 The 12-month price targets, analyzed by analysts, offer insights with an average target of $1.88, a high estimate of $2.00, and a low estimate of $1.50. A negative shift in sentiment is evident as analysts have decreased the average price target by 37.33%. Decoding Analyst Ratings: A Detailed Look The analysis of recent analyst actions sheds light on the perception of GrafTech International by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Arun Viswanathan RBC Capital Lowers Sector Perform $2.00 $3.00 David Gagliano BMO Capital Lowers Market Perform $1.50 $2.00 Curt Woodworth UBS Announces Neutral $2.00 - Alexander Hacking Citigroup Lowers Neutral $2.00 $4.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to GrafTech International. This information provides a snapshot of how analysts perceive the current ...Full story available on Benzinga.com

EAF earnings call for the period ending December 31, 2023.

GrafTech (EAF) delivered earnings and revenue surprises of -28.57% and 3.20%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Shares of WD-40 Company (NASDAQ: WDFC) rose sharply during Wednesday’s session after the company reported better-than-expected first-quarter results. WD-40 reported quarterly earnings of $1.28 per share which exceeded the analyst consensus estimate of $1.05 per share. The company reported quarterly sales of $140.42 million, clocking in above the Street's estimate of $134.37 million. WD-40 shares jumped 17.3% to $277.56 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers Nauticus Robotics, Inc. (NASDAQ: KITT) climbed 87.8% to $0.5501. Nauticus Robotics secured additional funding and appointed John W. Gibson, Jr as interim CEO. Clearmind Medicine Inc. (NASDAQ: CMND) shares jumped 47.7% to $3.0570. Clearmind Medicine completed a Type A Meeting with the FDA for clinical trial of its proprietary MEAI-based, CMND-100 compound, for the treatment of alcohol use disorder. Sana Biotechnology, Inc. (NASDAQ: SANA) gained 46.8% to $7.57. Sana Biotechnology recently announced FDA clearance of investigational new drug application for SC262. Ucommune International Ltd (NASDAQ: UK) jumped 37.8% to $4.98. Vicarious Surgical Inc. (NASDAQ: RBOT) rose 37% to $0.6851. Nvni Group Limited (NASDAQ: NVNI) climbed 35.2% to $2.6091. EchoStar Corporation (NASDAQ: SATS) gained 31% to $16.50. EchoStar completed merger with DISH Network Corporation. Amarin Corporation plc (NASDAQ: AMRN) climbed 28.8% to $1.25 after the company reported strong preliminary FY23 total revenues. Exicure, Inc. (NASDAQ: XCUR) shares rose 17% to $0.5501. Exicure was granted broad U.S. patent #11866700 for "Liposomal Nucleic Acid Constructs Presenting Antisense Oligonucleotides For Knockdown Of Interleukin ...

U.S. stocks traded slightly higher, with the Dow Jones index gaining over 20 points on Wednesday. Shares of Veradigm Inc. (NASDAQ: MDRX) shares fell sharply during Wednesday’s session. Veradigm said it sees FY23 revenue of $608 million to $622 million. The company also sees FY23 Non-GAAP EPS of 79 cents to 88 cents. Veradigm shares tumbled 11.1% to $9.56 on Wednesday. Here are some other big stocks recording losses in today’s session. DocGo Inc. (NASDAQ: DCGO) shares dipped 32.9% to $3.2150. Fuzzy Panda Research issued a report and disclosed a short position in the stock. Aehr Test Systems (NASDAQ: AEHR) shares declined 15.1% to $18.97 after the company lowered its full-year revenue guidance. GrafTech International Ltd. ...

The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. Nauticus Robotics, Inc. (NASDAQ: KITT) On Oct. 3, Nauticus Robotics disclosed a deal to acquire 3D at Depth, Inc. for about $34 million in ...

EAF earnings call for the period ending September 30, 2023.

Gainers Benson Hill, Inc. (NYSE: BHIL) shares jumped 48.1% to $0.3740. Seres Therapeutics, Inc. (NASDAQ: MCRB) climbed 45.9% to $1.20. Seres Therapeutics, on Thursday, posted a narrower-than-expected quarterly loss. Qurate Retail, Inc. (NASDAQ: QRTEA) surged 44% to $0.6181 following third-quarter results. Cooper-Standard Holdings Inc. (NYSE: CPS) shares climbed 41% to $17.94 following better-than-expected third-quarter results. Tenon Medical, Inc. (NASDAQ: TNON) shares climbed 39.6% to $1.20 after the company announced it passed an FDA Level 2 Inspection. Udemy, Inc. (NASDAQ: UDMY) surged 38.1% to $12.46 following strong quarterly earnings. Vivakor, Inc. (NASDAQ: VIVK) climbed 32.7% to $0.77. Alpha Technology Group Limited (NASDAQ: ATGL) gained 32.5% to $6.64. Alpha Technology Group recently announced the closing of its initial public offering of 1,750,000 ordinary shares at a public offering price of $4.00 per share. Werewolf Therapeutics, Inc. (NASDAQ: HOWL) rose 29.8% to $2.7888. Werewolf Therapeutics released preliminary results from initial monotherapy dose-escalation cohorts of an ongoing Phase 1/1b trial of WTX-124 in patients with advanced or metastatic solid tumors. Enlivex Therapeutics Ltd. (NASDAQ: ENLV) jumped 28.5% to $1.8250. Syra Health Corp. (NASDAQ: SYRA) gained 27.8% to $1.5981. Dermata Therapeutics, Inc. (NASDAQ: DRMA) rose 26% to $0.76. Redfin Corporation (NASDAQ: RDFN) climbed 25.2% to $6.35 following third-quarter results. Phoenix Motor Inc. (NASDAQ: PEV) gained 25% to $0.93. DarioHealth Corp. (NASDAQ: DRIO) gained 24.7% to $1.2601. CVRx, Inc. (NASDAQ: CVRX) climbed 24.7% to $16.99. CVRx said Centers for Medicare and Medicaid Services has reassigned the Barostim implant procedure for procedures performed in the outpatient setting as part of the 2024 Medicare Hospital Outpatient Prospective Payment System final rule. Net Lease Office Properties (NYSE: NLOP) gained 24% to $12.98. Proto Labs, Inc. (NYSE: PRLB) climbed 23.1% to $29.93. Proto Labs reported third-quarter FY2 revenue growth of 7.4% ...