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RBC Bearings Beats Expectations, Hologic Receives FDA Clearance, Cantor Fitzgerald Bullish on Bitfarms

  • May 19th, 2023
  • 524 views

RBC Bearings Incorporated (NYSE: RBC) has released its fourth-quarter fiscal 2023 earnings report, surpassing consensus expectations. The company reported an EPS of $2.13, exceeding the consensus estimate of $1.99.

In pre-market, $RBC is currently trading at $228.01, experiencing a notable increase of $3.67 (+1.64%).

Hologic Inc. (Nasdaq: HOLX) has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its Panther Fusion SARS-CoV-2/Flu A/B/RSV assay. This molecular diagnostic test can detect and differentiate four of the most common respiratory viruses, namely severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), influenza A (flu A), influenza B (flu B), and respiratory syncytial virus (RSV).

Following the announcement, $HOLX is trading at $82.45 in pre-market, reflecting an increase of $1.39 (+1.71%).

Bitfarms Ltd. (Nasdaq: BITF) has been initiated with an Overweight rating and a price target of $2 by Cantor Fitzgerald.

$BITF is currently trading at $1.20 in pre-market, showing a rise of $0.05 (+4.35%).

Please note that the stock prices and pre-market movements mentioned here are for illustrative purposes and may not reflect the current market conditions at the time of reading.

 

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)

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