La catena delle opzioni mostra i dati chiave delle opzioni azionarie di Clearwater Paper a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per Clearwater Paper..

Clearwater Paper (NYSE:CLW) Azioni, Catena delle Opzioni

Clearwater Paper

Clearwater Paper Corp is engaged in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. The company has two reportable segments namely the consumer products segment which manufactures and sells a complete line of at-home tissue products as well as AFH products. The pulp and paperboard segment manufactures and markets bleached paperboard for the high-end segment of the packaging industry as well as offers services that include custom sheeting, slitting and cutting of paperboard. It generates maximum revenue from Pulp and Paperboard segment. Geographically, it derives maximum revenue from the United States.

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Scopri i 3 titoli del settore materiali con RSI basso che potrebbero offrire opportunità di acquisto oggi.

3 titoli del settore dei materiali da tenere d&#39;occhio oggi

Clearwater Paper Corporation Common Stock

Clearwater Paper Corp

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CALLOWAY'S NURSERY INC by Calloway's Nursery, Inc.

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WIIM

Clearwater Paper shares are trading higher. RBC Capital reiterated an Outperform rating on the stock.

RBC Capital analyst Matthew McKellar reiterates Clearwater Paper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) with a Outperform and maintains $37 price target.

Price Target

Reiteration

Analyst Ratings

RBC Capital Reiterates Outperform on Clearwater Paper, Maintains $37 Price Target

Clearwater Paper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.29 by 20.69 percent.

Earnings

Earnings Beats

Clearwater Paper Q3 2024 Adj EPS $0.35 Beats $0.29 Estimate

Buybacks

Clearwater Paper Board Authorizes New $100M Share Buyback Program

S&amp;P SmallCap 600 constituent MDU Resources Group is spinning off Everus Construction Group in a transaction expected to be completed on November 1.&nbsp;
Following the spin-off, the parent company MDU Resources Group will remain in the S&amp;P SmallCap 600 but will change its Global Industry Classification Standard (GICS) sector from Industrials to Utilities.
&nbsp;Clearwater Paper is no longer representative of the small-cap market space.&nbsp;

ECGW

Everus Construction To Be Added To The S&P SmallCap 600 Effective November 1, Replacing Clearwater Paper

RBC Capital analyst Matthew McKellar upgrades Clearwater Paper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) from Sector Perform to Outperform and lowers the price target from $48 to $37.

Upgrades

RBC Capital Upgrades Clearwater Paper to Outperform, Lowers Price Target to $37

There was no serious damage to equipment and both facilities are resuming operations.

Clearwater Paper Says It Temporarily Suspended Operations At Its Augusta, Georgia Paperboard Facility And Its Shelby, North Carolina Tissue Facility Due To Impacts From Hurricane Helene

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;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 <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">H.B. Fuller Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FUL#NYSE">FUL</a>)</h3>
<ul>
<li>On Sept. 25, H.B. Fuller reported worse-than-expected third-quarter financial results and issued FY24 adjusted EPS guidance below estimates. H.B. Fuller President and CEO Celeste Mastin said, "In the third quarter, we continued to advance our strategy and expand EBITDA margins through volume growth, restructuring actions, and the acquisition of highly profitable, fast-growing businesses." The company's stock fell around 3% over the past five days and has a <a href="https://www.benzinga.com/quote/FUL">52-week low of $64.64</a>.</li>
<li>RSI Value: 28.45</li>
<li>FUL Price Action: Shares of H.B. Fuller fell 1.8% to close at $80.63 on Wednesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092624&amp;t=be2bearmibe3na1"> latest FUL news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="835" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26043922/image-207.png" alt="" class="wp-image-567146" style="width:714px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26043922/image-207.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26043922/image-207-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26043922/image-207-768x707.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Clearwater Paper Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>)&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Aug. 6, Clearwater Paper reported quarterly losses of $1.55 per share. "We completed the acquisition of the Augusta facility in May and our integration is on track. We are pleased with the quality of the assets and are committed to achieving our targeted synergies by the end of 2026," said Arsen Kitch, president and chief executive officer. "Our tissue business continues to deliver outstanding performance, and we are expecting a gradual recovery in paperboard market demand in the coming quarters." The company's stock fell around 15% over the past month. It <a href="https://www.benzinga.com/quote/CLW">has a 52-week low</a> of $27.69.</li>
<li>RSI Value: 28.90</li>
<li>CLW Price Action: Shares of Clearwater Paper fell 4.7% to close at $28.40 on Wednesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the trend in<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092624&amp;t=be2bearmibe3na1"> CLW stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="833" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26044012/image-208.png" alt="" class="wp-image-567147" style="width:678px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26044012/image-208.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26044012/image-208-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26044012/image-208-768x705.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Bioceres Crop Solutions Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIOX#NASDAQ">BIOX</a>)</h3>
<ul>
<li>On Sept. 9, Bioceres reported worse-than-expected fourth-quarter sales results. Mr. Federico Trucco, Bioceres´ Chief Executive Officer, commented, "In fiscal year 2024 we consolidated Bioceres&#8217; financial performance at record-high revenue and adjusted EBITDA levels, despite it having been another challenging year for agriculture, with on-farm economics declining in key crops and geographies." The company's shares fell around 22% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/YXT">low of $7.74</a></li>
<li>RSI Value: 21.88</li>
<li>BIOX Price Action: Shares of Bioceres Crop Solutions fell 3.3% to close at $7.85 on Wednesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092624&amp;t=be2bearmibe3na1">breakout in BIOX shares</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent092624&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="890" height="820" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26044115/image-209.png" alt="" class="wp-image-567149" style="width:592px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26044115/image-209.png 890w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26044115/image-209-300x276.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/26044115/image-209-768x708.png 768w" sizes="(max-width: 890px) 100vw, 890px" /></a></figure>

BIOX

Top 3 Materials Stocks You'll Regret Missing This Quarter

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;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 <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Tronox Holdings PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TROX#NYSE">TROX</a>)</h3>
<ul>
<li>On Aug. 1, Tronox Holdings reported worse-than-expected second-quarter financial results. The company's stock fell around 7% over the past five days and has a <a href="https://www.benzinga.com/quote/TROX">52-week low of $10.08</a>.</li>
<li>RSI Value: 27.54</li>
<li>TROX Price Action: Shares of Tronox fell 0.3% to close at $11.71 on Thursday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1">latest TROX news.</a> </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="905" height="847" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12192823/image-1-28.png" alt="" class="wp-image-545777" style="width:684px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12192823/image-1-28.png 905w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12192823/image-1-28-300x281.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12192823/image-1-28-768x719.png 768w" sizes="(max-width: 905px) 100vw, 905px" /></a></figure>
<h3 class="wp-block-heading">Clearwater Paper Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>)&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On Aug. 6, Clearwater Paper reported quarterly losses of $1.55 per share. &#8220;We completed the acquisition of the Augusta facility in May and our integration is on track. We are pleased with the quality of the assets and are committed to achieving our targeted synergies by the end of 2026,&#8221; said Arsen Kitch, president and chief executive officer. &#8220;Our tissue business continues to deliver outstanding performance, and we are expecting a gradual recovery in paperboard market demand in the coming quarters.&#8221; The company's stock fell around 11% over the past month. It <a href="https://www.benzinga.com/quote/CLW">has a 52-week low</a> of $27.69.</li>
<li>RSI Value: 28.09</li>
<li>CLW Price Action: Shares of Clearwater Paper rose 2.8% to close at $28.81 on Thursday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1">trend in CLW stock. </a></li>
</ul>
<figure class="wp-block-image is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1"><img decoding="async" src="blob:https://editorial.benzinga.com/69131bc8-7801-4f49-ab02-4ef68b988cfc" alt="" style="width:704px;height:auto" /></a></figure>
<h3 class="wp-block-heading">Ascent Industries Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACNT#NASDAQ">ACNT</a>)</h3>
<ul>
<li>On Aug. 6, Ascent Industries reported quarterly losses of 2 cents per share. The company reported quarterly sales of $50.189 million. &#8220;Our stabilization efforts and aggressive self-help have started to yield tangible results in Q2 2024, despite continued soft market conditions,&#8221; said Ascent CEO Bryan Kitchen. &#8220;Our relentless efforts to reduce costs, improve strategic sourcing and optimize our product mix have led to a significant year-over-year improvement in adjusted EBITDA and bottom-line results, while also right-sizing the organization for long-term growth.&#8221; The company's shares fell around 8% over the past five days and has a 52-week <a href="https://www.benzinga.com/quote/ACNT">low of $7.27.</a></li>
<li>RSI Value: 29.92</li>
<li>ACNT Price Action: Shares of Ascent Industries fell 3.1% to close at $9.25 on Thursday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1">breakout in ACNT share</a>s. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091324&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="892" height="838" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12193015/image-1-29.png" alt="" class="wp-image-545779" style="width:615px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12193015/image-1-29.png 892w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12193015/image-1-29-300x282.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/12193015/image-1-29-768x722.png 768w" sizes="(max-width: 892px) 100vw, 892px" /></a></figure>
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Top 3 Materials Stocks That Are Preparing To Pump In Q3

Clearwater Paper shares are trading lower. The company reported Q2 financial results.

RBC Capital analyst Matthew McKellar maintains Clearwater Paper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) with a Sector Perform and raises the price target from $42 to $48.

RBC Capital Maintains Sector Perform on Clearwater Paper, Raises Price Target to $48

Clearwater Paper (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) reported quarterly losses of $(1.55) per share which missed the analyst consensus estimate of $0.30 by 616.67 percent. The company reported quarterly sales of $586.00 million which beat the analyst consensus estimate of $585.00 million by 0.17 percent. This is a 11.70 percent increase over sales of $524.60 million the same period last year.

Earnings Misses

Clearwater Paper Q2 2024 Adj EPS $(1.55) May Not Compare To $0.30 Estimate, Sales $586.00M Beat $585.00M Estimate

Clearwater Paper To Sell Tissue Business To Sofidel America For $1.06B; Transaction To Reduce Net Debt And Advance Transformation Into Premier Independent Supplier Of Paperboard To North American Converters

Shares of CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) fell sharply during Monday&#8217;s session. Guggenheim analyst John Difucci downgraded the stock from Buy to Neutral, while BTIG analyst Gray Powell downgraded the stock from <a href="https://www.benzinga.com/news/24/07/39886199/crowdstrike-faces-downgrades-amid-concerns-over-pricing-and-renewals-following-disruption">Buy to Neutral</a>.
CrowdStrike shares dipped over 11% on Friday after the company suffered a major outage impacting businesses around the world.
Selective Insurance Group shares dipped 13.2% to $264.65 on Friday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>MIRA Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MIRA#NASDAQ">MIRA</a>) shares climbed 148% to $1.98 after the company announced new preclinical study results for its novel oral ketamine analog, Ketamir-2.</li>
<li>CareMax, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMAX#NASDAQ">CMAX</a>) gained 135% to $3.72.</li>
<li>Tellurian Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TELL#NASDAQ">TELL</a>) jumped 64.5% to $0.9401 after the company announced it will be acquired by Woodside Energy for approximately $900 million.</li>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) shares climbed 46.6% to $11.08 after Nvidia last week disclosed a stake in the company.</li>
<li>Cassava Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVA#NASDAQ">SAVA</a>) rose 27.2% to $12.82 after the company announced its first Phase 3 trial is expected to conclude by December and its second Phase 3 trial is expected to conclude by June 2025.</li>
<li>MEI Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEIP#NASDAQ">MEIP</a>) surged 24% to $3.55 after the company announced it is considering strategic alternatives.</li>
<li>Society Pass Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOPA#NASDAQ">SOPA</a>) rose 22.8% to $1.56.</li>
<li>LivePerson, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPSN#NASDAQ">LPSN</a>) gained 18.8% to $1.17.</li>
<li>Super League Enterprise, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLE#NASDAQ">SLE</a>) jumped 18.8% to $1.33. Super League Enterprise Director Jeff Patrick Gehl bought a total of 50,000 shares at an average price of $1.11.</li>
<li>Richtech Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RR#NASDAQ">RR</a>) shares gained 18.2% to $1.74 after gaining around 228% on Friday.</li>
<li>Sonoma Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNOA#NASDAQ">SNOA</a>) gained 17% to $0.3602.</li>
<li>Alpha Teknova, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TKNO#NASDAQ">TKNO</a>) climbed 16.5% to $2.53.</li>
<li>Embecta Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMBC#NASDAQ">EMBC</a>) gained 16.4% to $15.34. Embecta is scheduled to host a conference call to discuss its fiscal third quarter 2024 financial results on Friday, Aug. 9.</li>
<li>Netcapital Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NCPL#NASDAQ">NCPL</a>) rose 16.2% to $0.1208 after jumping more than 12% on Friday. Netcapital, last week, announced the launch of the beta version of its secondary trading platform.</li>
<li>Nukkleus Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUKK#NASDAQ">NUKK</a>) gained 14.7% to $0.3670.</li>
<li>Terex Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEX#NYSE">TEX</a>) climbed 11.2% to $62.76 after the company inked a deal to acquire Environmental Solutions Group (ESG) from Dover Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOV#NYSE">DOV</a>) in a $2.0 billion all-cash transaction.</li>
<li>Canopy Growth Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) gained 10.5% to $7.88.</li>
<li>Aveanna Healthcare Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAH#NASDAQ">AVAH</a>) rose 10.5% to $3.80. Aveanna Healthcare will release its second quarter results before the market open on Thursday, Aug. 8.</li>
<li>Karooooo Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KARO#NASDAQ">KARO</a>) gained 10.4% to $37.78</li>
<li>Richtech Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RR#NASDAQ">RR</a>) rose 10% to $1.6050 after the company installed its advanced robotic beverage system, ADAM, at Ghost Kitchens International Inc. in Dawsonville, Georgia.</li>
<li>Clearwater Paper Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) gained 9.6% to $53.65 after the company announced a deal to sell its tissue business for $1.06 billion.</li>
<li>SentinelOne, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) gained 9.5% to $23.80 after a failed software update from CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) caused global outages.</li>
<li>TuanChe Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TC#NASDAQ">TC</a>) shares gained 8.5% to $1.6599 after falling 6% on Friday.</li>
<li>TAL Education Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAL#NYSE">TAL</a>) rose 7.4% to $10.84. TAL Education will release its unaudited financial results for the first quarter, before the opening bell on Thursday, Aug. 1.</li>
<li>MINISO Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MNSO#NYSE">MNSO</a>) rose 5.6% to $18.10.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Linkage Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGCB#NASDAQ">LGCB</a>) shares dipped 29.1% to $3.6303.</li>
<li>Selina Hospitality PLC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNA#NASDAQ">SLNA</a>) fell 20.7% to $0.0375.</li>
<li>TRxADE HEALTH, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEDS#NASDAQ">MEDS</a>) declined 20.3% to $11.75.</li>
<li>Hawaiian Electric Industries, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HE#NYSE">HE</a>) shares fell 20.2% to $13.97. Hawaiian Electric Industries shares traded higher on Friday following a report suggesting the company reached a settlement plan over the Maui wildfires.</li>
<li>Nature Wood Group Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NWGL#NASDAQ">NWGL</a>) dipped 20.2% to $1.98.</li>
<li>Dogness (International) Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOGZ#NASDAQ">DOGZ</a>) declined 18.3% to $12.17.</li>
<li>Agape ATP Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATPC#NASDAQ">ATPC</a>) declined 16.8% to $0.1330.</li>
<li>Ryanair Holdings plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RYAAY#NASDAQ">RYAAY</a>) shares fell 16.6% to $95.25 after the company said profits dipped 46% to 360 million euros (£303 million) for the three months to June 30.</li>
<li>PS International Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSIG#NASDAQ">PSIG</a>) fell 16.4% to $2.85.</li>
<li>Portage Biotech Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRTG#NASDAQ">PRTG</a>) shares fell 16.2% to $0.1912 after gaining around 25% on Friday.</li>
<li>Salarius Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLRX#NASDAQ">SLRX</a>) shares dipped 16.1% to $1.53 after falling around 25% on Friday. Salarius Pharmaceuticals was recently notified by MD Anderson Cancer Center of a Grade 4 adverse event in the Seclidemstat clinical trial.</li>
<li>Exicure, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCUR#NASDAQ">XCUR</a>) shares fell 16.1% to $0.4490 after surging 76% on Friday.</li>
<li>Savers Value Village, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SVV#NYSE">SVV</a>) declined 12.6% to $10.19 after JP Morgan downgraded the stock from Overweight to Neutral and lowered its price target from $21 to $12.</li>
<li>Fitell Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTEL#NASDAQ">FTEL</a>) fell 11.1% to $19.68.</li>
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) dipped 9.1% to $5.20.</li>
<li>Valens Semiconductor Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLN#NYSE">VLN</a>) fell 8.6% to $2.64. Valens Semiconductor will release its second quarter 2024 financial results before the opening bell on Wednesday, Aug. 7.</li>
<li>Virios Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRI#NASDAQ">VIRI</a>) fell 8.2% to $0.2311 after declining over 4% on Friday.</li>
<li>NuScale Power Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMR#NYSE">SMR</a>) declined 6.7% to $10.54.</li>
<li>Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) declined 6.4% to $38.94 following a second-quarter revenue miss.</li>
<li>e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) fell 5.3% to $168.18.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39881674/top-4-tech-stocks-that-may-explode-in-july">Top 4 Tech Stocks That May Explode In July</a></li>
</ul>

Intraday Update

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NWGL

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Why CrowdStrike Shares Are Trading Lower By Around 13%? Here Are Other Stocks Moving In Monday's Mid-Day Session

U.S. stocks were higher, with the Nasdaq Composite gaining over 100 points on Monday.
Shares of IQVIA Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IQV#NYSE">IQV</a>) rose sharply during Monday's session after the company released better-than-expected second-quarter financial results and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39885871/iqvia-is-a-solid-investment-with-strong-competitive-positioning-analyst-says-after-">raised its 2024 guidance</a>.
IQVIA reported a second adjusted EPS of $2.64, up from $2.43, beating the consensus of $2.57. Provider of advanced analytics reported sales of $3.81 billion, beating the consensus of $3.79 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
IQVIA Holdings shares jumped 7.4% to $241.07 on Monday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>Tellurian Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TELL#NASDAQ">TELL</a>) shares surged 64.5% to $0.9401 after the company announced it will be acquired by Woodside Energy for approximately $900 million.</li>
<li>Serve Robotics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SERV#NASDAQ">SERV</a>) shares gained 46.6% to $11.08 after Nvidia last week disclosed a stake in the company.</li>
<li>Cassava Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVA#NASDAQ">SAVA</a>) gained 27.2% to $12.82 after the company announced its first Phase 3 trial is expected to conclude by December and its second Phase 3 trial is expected to conclude by June 2025.</li>
<li>Embecta Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMBC#NASDAQ">EMBC</a>) climbed 16.4% to $15.34. Embecta is scheduled to host a conference call to discuss its fiscal third quarter 2024 financial results on Friday, Aug. 9.</li>
<li>Terex Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEX#NYSE">TEX</a>) gained 11.2% to $62.76 after the company inked a deal to acquire Environmental Solutions Group (ESG) from Dover Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOV#NYSE">DOV</a>) in a $2.0 billion all-cash transaction.</li>
<li>Aveanna Healthcare Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVAH#NASDAQ">AVAH</a>) gained 10.5% to $3.80. Aveanna Healthcare will release its second quarter results before the market open on Thursday, Aug. 8.</li>
<li>Karooooo Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KARO#NASDAQ">KARO</a>) climbed 10.4% to $37.78.</li>
<li>Eliem Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELYM#NASDAQ">ELYM</a>) gained 9.7% to $8.01.</li>
<li>Clearwater Paper Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) rose 9.6% to $53.65 after the company announced a deal to sell its tissue business for $1.06 billion.</li>
<li>SentinelOne, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) shares climbed 9.5% to $23.80 after a failed software update from CrowdStrike Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWD#NASDAQ">CRWD</a>) caused global outages.</li>
<li>Summit Therapeutics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMMT#NASDAQ">SMMT</a>) gained 9% to $9.57.</li>
<li>Sasol Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SSL#NYSE">SSL</a>) rose 8.8% to $7.96.</li>
<li>Rentokil Initial plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTO#NYSE">RTO</a>) surged 8% to $31.91 following a report suggesting former BT CEO Philip Jansen is in talks to acquire the company.</li>
<li>Noah Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOAH#NYSE">NOAH</a>) rose 7.7% to $7.78.</li>
<li>TAL Education Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAL#NYSE">TAL</a>) gained 7.4% to $10.84. TAL Education will release its unaudited financial results for the first quarter, before the opening bell on Thursday, Aug. 1.</li>
<li>Reddit, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) gained 5.6% to $68.32 after the company announced deals with major sports leagues to get content to its site and draw advertisers.</li>
<li>MINISO Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MNSO#NYSE">MNSO</a>) gained 5.6% to $18.10.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39881674/top-4-tech-stocks-that-may-explode-in-july">Top 4 Tech Stocks That May Explode In July</a></li>
</ul>

ELYM

NOAH

RDDT

SMMT

IQVIA Posts Upbeat Earnings, Joins Terex, Reddit And Other Big Stocks Moving Higher On Monday

Clearwater Paper Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>) shares are trading higher after the company inked a deal to sell its tissue business to Sofidel America Corporation for $1.06 billion, subject to adjustments for debt, cash, transaction <a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/b39878259/clearwater-paper-enters-into-definitive-agreement-to-sell-tissue-business-to-sofidel-america-corpo" rel="noreferrer noopener">expenses, and net working capital</a>.
The price is about six times the tissue segment&#8217;s Adjusted EBITDA for the 12 months ending March.
The transaction represents the next step in Clearwater Paper&#8217;s transformation to become a premier independent supplier of paperboard to North American converters and the conclusion of its previously announced review of <a target="_blank" href="https://www.benzinga.com//node/37223338" rel="noreferrer noopener">strategic options for the tissue business.</a>
The deal is expected to close in late 2024, pending standard conditions. The company anticipates net proceeds of around $850 million from the sale, which will be used to significantly reduce debt and fund growth initiatives for its ongoing operations. As of March-end, Clearwater had a <a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38502081/clearwater-paper-reports-first-quarter-2024-results" rel="noreferrer noopener">net debt of $392.9 million</a>.
Arsen Kitch, President and Chief Executive Officer, said, &#8220;Clearwater Paper is transforming into a premier paper supplier in North America. Upon completion of this transaction, we intend to deleverage our balance sheet while scaling and diversifying our paperboard business to meet the needs of our customers.&#8221;
The company will announce it will report its second-quarter 2024<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener"> results on August 6, 2024</a>.
Investors can gain exposure to the stock via&nbsp;Invesco S&amp;P Smallcap 600 Pure Value ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RZV#NYSE">RZV</a>) and First Trust DJ Select MicroCap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDM#NYSE">FDM</a>).
Price Action: CLW shares are up 9.66% at $53.65 at the last check Monday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock

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Clearwater Paper Focuses on Paperboard: Sells Tissue Business for $1.06B

Cleanwater Paper shares are trading higher after the company announced a deal to sell its tissue business for $1.06 billion.

The transaction represents the next step in the Company&#39;s transformation to become a premier independent supplier of paperboard to North American converters and the conclusion of its previously announced review of strategic options for the tissue business.
The Company expects net proceeds from the transaction of approximately&nbsp;$850 million, which it intends to use to meaningfully delever its balance sheet and invest in growth initiatives for its continuing operations.
The transaction is expected to close in the latter part of 2024, subject to customary closing conditions.

Clearwater Paper Enters Definitive Deal To Sell Its Tissue Business To Sofidel America For $1.06B

Clearwater Paper&#39;s Shelby Mill manufactures&nbsp;private branded bathroom tissue, paper towels, napkins, and facial tissue. The 400-acre facility employs more than 600 people.

Clearwater Paper Plans To Invest $23M In New Facial Tissue Converting Line At Its Shelby, North Carolina Consumer Products Facility

As of May 30, 2024, four stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;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 overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="http://<a href=&quot;https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">Nexa Resources S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEXA#NYSE">NEXA</a>)</h3>
<ul>
<li>On May 2, Nexa posted better-than-expected quarterly sales. The company's CEO Ignacio Rosado said, "We began the year on a positive note, with solid operating performance in the first quarter, thanks to the commitment of our teams in reinforcing our operational strategies, enhancing our capabilities, and doubling down on execution." The company's stock gained around 9% over the past month and has a 52-<a href="https://www.benzinga.com/quote/NEXA">week high of $8.01</a>.</li>
<li>RSI Value: 72.30&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>NEXA Price Action: Shares of Nexa Resources rose 0.8% to close at $7.95 on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">International Paper Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IP#NYSE">IP</a>)</h3>
<ul>
<li>On May 23, Jefferies analyst Philip Ng upgraded International Paper from Hold to Buy and raised the price target from $38 to $57. The company's stock gained around 27% over the past month and <a href="https://www.benzinga.com/quote/IP">has a 52-week high</a> of $46.10.</li>
<li>RSI Value: 70.02</li>
<li>IP Price Action: Shares of International Paper fell 1.7% to close at $44.40 on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">Carpenter Technology Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRS#NYSE">CRS</a>)</h3>
<ul>
<li>On May 1, Carpenter Technology reported mixed third-quarter financial results and raised fourth-quarter operating income guidance. &#8220;In the third quarter of fiscal year 2024 we beat our previous guidance, generating $90.0 million of adjusted operating income,&#8221; said Tony R. Thene, President and CEO of Carpenter Technology. The company's stock gained around 30% over the past month and has a <a href="https://www.benzinga.com/quote/CRS">52-week high</a> of $112.75.</li>
<li>RSI Value: 72.53</li>
<li>CRS Price Action: Shares of Carpenter Technology fell 0.7% to close at $111.62 on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">Clearwater Paper Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLW#NYSE">CLW</a>)</h3>
<ul>
<li>On April 29, Clearwater Paper reported better-than-expected first-quarter adjusted EPS results. &#8220;Despite the significant weather event that impacted the quarter, we delivered solid results that came in at the higher end of our expectations through strong operational execution,&#8221; said Arsen Kitch, president and chief executive officer. The company's stock jumped around 16% over the past month and has a 52-week high is $53.74.</li>
<li>RSI Value: 71.66</li>
<li>CLW Price Action: Shares of Clearwater Paper rose 0.8% to close at $52.41 on Wednesday.</li>
</ul>
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Short Ideas

NEXA

Top 4 Materials Stocks You May Want To Dump In Q2

Reports Q3 revenue $644M, up 24% year-over-year. "We delivered a strong third quarter, even as we dealt with the impact of Hurricane Helene at our ...

Clearwater Paper reports Q3 EPS 35c vs $2.17 last year

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Clearwater Paper board approves new $100M share repurchase authorization

Clearwater Paper GAAP EPS of $0.35, revenue of $644M beats by $22M

Says August planned major maintenance outage, direct cost of $15M-$20M. Says no major maintenance impact at Lewiston mill. Says balancing supply to...

Clearwater Paper sees Q4 adjusted EBITDA from total operations $20M-$30M

Sees FY25 capacity utilization at roughly 85%, with approximately $1.5B-$1.6B of revenue. Published first on TheFly – the ultimate source for real-...

Clearwater Paper sees FY25 adjusted EBITDA margin 8%-10%

Clearwater Paper Corporation 2024 Q3 - Results - Earnings Call Presentation

Clearwater Paper Corporation (CLW) Q3 2024 Earnings Call Transcript

Clearwater Paper Corp ( ($CLW) ) has released its Q3 earnings. Here is a breakdown of the information Clearwater Paper Corp presented to its invest...

Clearwater Paper Corp Reports Q3 Financial Results

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Analysts Offer Insights on Materials Companies: Axalta Coating Systems (AXTA), Suncoke Energy (SXC) and Clearwater Paper (CLW)

Clearwater Paper Corp (CLW) has disclosed a new risk, in the Corporate Activity and Growth category. The recent divestiture of Clearwater Paper Cor...

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