Eletrobras Preferred Shares

EBR.B

Market cap $23.9B

Overview Fund Trends Analyst Outlook Journalist POV

Positive

Neutral

Negative

Sentiment 3-Months

Positive

Neutral 50%

Negative

Brazil's Eletrobras changes name to Axia Energia

Brazilian power company Eletrobras announced on Wednesday it is changing its name to Axia Energia, in a development it said will not impact any contractual, business, or regulatory commitments established by the firm.

Brazil's Eletrobras changes name to Axia Energia

Brazil's Eletrobras shares jump despite R$1.3 Billion Q2 loss and $755 million dividend payout

Brazil's Eletrobras (ELET3; ELET6) shares rose on Thursday (August 7), even though the business recorded a significant loss for the second quarter and declared a multibillion-real dividend. According to local media outlet E-Investidor, at 11:10 a.m.

Brazil's Eletrobras shares jump despite R$1.3 Billion Q2 loss and $755 million dividend payout

Undercovered Dozen: OppFi, PowerFleet, Eletrobras, American Battery +

The 'Undercovered' Dozen series highlights lesser-known stocks with potential. Today's edition features companies like American Battery Technology, Quantum Corporation, and NervGen Pharma Corp. American Battery Technology is seen as positioned for growth in the battery materials market, bolstered by a $144m DOE grant and strategic partnerships. Quantum Corporation may offer significant upside due to its data management solutions aiding GenAI firms, with deferred revenue boosting free cash flow.

Undercovered Dozen: OppFi, PowerFleet, Eletrobras, American Battery +

See News Rankings