Benzinga Daily Stocks To Watch

Biotech Taking A Hit


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Straight from Benzinga newsdesk, hosts Michael O'Connor and David Willey bring you the market news and stocks to watch.

Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659

STOCKS TO WATCH:  $LEVI $VMEO $KRUS $VBIV $TRIB
  • Wall Street expects Levi Strauss & Co. (NYSE:LEVI) to post quarterly earnings at 3 cents per share on revenue of $1.34 billion after the closing bell. Levi Strauss shares gained 1.8% to $14.37 in after-hours trading.


  • Vimeo, Inc. (NASDAQ:VMEO) reported the departure of Anjali Sud as CEO. The company named Adam Gross as interim CEO, effective September 1 and reaffirmed its second-quarter and FY23 financial outlook. Vimeo shares fell 0.7% to $4.00 in the after-hours trading session.


  • Analysts are expecting Kura Sushi USA, Inc. (NASDAQ:KRUS) to have earned 13 cents per share on revenue of $49.57 million for the latest quarter. The company will release earnings after the markets close. Kura Sushi shares fell 0.6% to $87.01 in after-hours trading.


  • VBI Vaccines Inc. (NASDAQ:VBIV) and Brii Biosciences announced the expansion of their hepatitis B partnership. The company also reported proposed concurrent public offering and registered direct offering of common shares and warrants. VBI Vaccines shares dropped 10.3% to $2.1709 in the after-hours trading session.


  • Analysts expect Trinity Biotech plc (NASDAQ:TRIB) to report quarterly loss at 6 cents per share on revenue of $18.50 million before the opening bell. Trinity Biotech shares fell 4.2% to $1.03 in the after-hours trading session.


Hosts:

Michael O'Connor , Benzinga Newsdesk

Reach out to Michael at [email protected]

Benzinga Strategy Development

David Willey , Benzinga Newsdesk

Reach out to David at [email protected]

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