Big new contracts and revenue growth have these stocks moving

And time to fish or cut bait 🐟                                                                                                                                                                                                                                                                                                                                                                                                                 August 22, 2024 | [Read Online]( *together with Brooks Enterprises Good day, 360! Here are some top movers today! And don’t forget to join us in [Market Masters](. And see below for news about our [All-Access]( special offer closing soon… what a value! Time to fish or cut bait 🎣. FOCUS LIST🔎 AIRI - Up over 50% in the pre market after securing largest contract in company’s history: $110 Million for GTF Aircraft Engine Components PTON - Up over 10% in pre after reporting better than expected earnings EH - Up over 4% in pre after reporting better than expected Q2 financial results, record 919.6% YoY revenue growth *together with Brooks Enterprises Warning: Don’t attend this… Unless you have your wallet with you! [See how AI can hunt down the best trades for you 24/7!]( Next Session is TONIGHT HOTLIST🔥 AIRI - Up over 50% in the pre market after securing largest contract in company’s history: $110 Million for GTF Aircraft Engine Components Air Industries Group (AIRI) together with its subsidiaries, engages in the design, manufacture, and sale of precision components and assemblies for defense and commercial aerospace industry in the United States. In the pre-market this morning, the [company announced]( that it has received a $110 million, 7-year contract for the production of Thrust Struts used in the Geared Turbo-Fan (GTF) aircraft jet engine. Air Industries has been the sole supplier of this critical component since 2015. The new contract will commence in January 2025 and extend through 2031 replacing and expanding on an existing contract set to expire in December of 2024. Once production and deliveries begin, annual sales are expected to benefit significantly. AIRI stock traded up over 50% in the pre-market in reaction to the news. The $4.80 area acted as support in the pre-market and will be an important level to watch. Above it, targets to the upside are $5.50, $5.88, $6.50 and then the pre-market high at $6.78. Beyond that, $7.24 and $7.50 come into play. Below $4.80, targets to the downside are $4.65, $4.25, $4 and then a gap fill at $3.75. PTON - Up over 10% in pre after reporting better than expected earnings Peloton Interactive Inc. (PTON) operates a interactive fitness platform in North America and internationally. The company offers connected fitness products with touchscreen that streams live and on-demand classes under the Peloton Bike, Peloton Bike+, Peloton Tread, Peloton Tread+, Peloton Guide, and Peloton Row names. In the pre-market this morning, the [company reported]( Q4 and full year 2024 financial results. PTON reported a loss of $30.5 million in its fiscal fourth quarter. The New York-based company said it had a loss of 8 cents per share. The results topped Wall Street expectations of a loss of 18 cents per share. Revenue came in at $643.6 million in the period more than the $626.2 million expected. For the current quarter ending in September, Peloton said it expects revenue in the range of $560 million to $580 million. The company expects full-year revenue in the range of $2.4 billion to $2.5 billion. The stock traded up over 10% in the pre-market in reaction to the positive earnings results and guidance. The first target for bulls is the pre-market high at $3.95. Beyond that, $4.05, $4.20, $4.60 and then $4.80. Below $3.95, targets to the downside are $3.70, $3.58, $3.45 and then a gap fill at $3.36. Excuse me but you DON’T want to miss this… [Offer Ends Tuesday, Aug 27th]( Contact Davis for credits or questions: 1-800-585-4488 / davis@ragingbull.com EH - Up over 4% in pre after reporting better than expected Q2 financial results, record 919.6% YoY revenue growth EHang Holdings Limited (EH) operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West Asia, Europe, and internationally. In the after-hours yesterday, the [company announced]( its unaudited financial results for the second quarter ended June 30, 2024. Highlights include: Quarterly Revenues Up 919.6% YoY, Highest Growth Rate in Company History Positive cash flow from operations continued in the second quarter of 2024. This was the third consecutive quarter that the Company generated positive cash flow from operations. Strengthened Liquidity Position with US$76.2 Million Raised Year-to-Date through an At-the-Market Equity Offering, Which Will Not Continue for Remainder of 2024 Sales and deliveries of EH216 series products1 were 49 units, the highest quarterly delivery volume in the Company’s history, compared with 5 units in the second quarter of 2023, and 26 units in the first quarter of 2024. The stock traded up over 4% in the pre-market in reaction to the positive financial results. The first target for bulls is $13.20 and then the pre-market high at $13.32. Beyond that $13.50, $14 and $14.50 come into play. Below $13.20, targets to the downside are $13, $12.70 and then a gap fill at $12.47 with $12.30 below that.  MARKET NEWS 📰 P.S. Make sure you text “RAGE” to (888) 404-5747 to get all of our latest HOT STOCK ideas! Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [( *We’re a proud affiliate for Brooks Enterprises, meaning if you click a link for a product or service, we may earn a commission at no extra cost to you. We believe in the companies we form affiliate relationships with, but please don’t spend any money on these products or services unless you believe they will help you achieve your goals. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. 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