FREYR Battery and Trevena Surpass Estimates, SoFi Technologies Downgraded, PlayAGS Upgraded
- May 15th, 2023
- 396 views
FREYR Battery (NYSE: FREY) has announced its first quarter 2023 financial results, reporting a loss of $0.09 per share. This result surpasses the consensus estimate of a loss of $0.29 per share. Despite the loss, the company's pre-market trading reflects a positive trend, with $FREY trading at $7.65, displaying an increase of $0.28 or 3.80%.
Trevena, Inc. (Nasdaq: TRVN) also reported a Q1 loss, with a figure of $0.81 per share, better than the consensus estimate of a loss of $0.98 per share. The company's pre-market trading reflects a favorable response, with $TRVN trading at $1.45, showing an increase of $0.10 or 7.41%.
On the other hand, SoFi Technologies, Inc. (Nasdaq: SOFI) has been downgraded to Underperform from Neutral, with a price target lowered to $2.50 from $5 at Wedbush. This news may have contributed to the decline in the company's pre-market stock price, which is currently priced at $4.67, indicating a decrease of $0.35 or 6.97%.
Meanwhile, PlayAGS, Inc. (NYSE: AGS) has been upgraded to Buy from Hold, with a price target raised to $10 from $7 at Jefferies. As of pre-market trading, $AGS is currently priced at $5.79, indicating an increase of $0.49 or 9.25%.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
Countdown to Earnings: Nutanix, CrowdStrike, and Synopsys on Deck
August 23rd, 2026Investors Eye Semtech, Intuit, and nCino as Earnings Loom
August 22nd, 2026FTC Files Amicus Brief to Protect Competition in Biologic Drug Markets
August 21st, 2026




Member Login