Dow Rises Over 50 Points; US Weekly Jobless Claims Fall
Portfolio Pulse from Lisa Levin
US stocks traded higher with the Dow Jones gaining over 50 points. Energy shares rose by 2% while health care shares fell by 0.2%. US initial jobless claims declined by 11,000 to 239,000. Sunlight Financial Holdings, Tivic Health Systems, and Advanced Health Intelligence saw significant gains in their shares. Creative Realities, EMCORE Corporation, and Tremor International saw a drop in their shares.
August 17, 2023 | 1:54 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Creative Realities shares dropped 34% to $1.95 after the company reported pricing of $6 million public offering of 3 million shares of common stock at $2 per share.
The drop in Creative Realities' share price is likely due to the company's announcement of a $6 million public offering. This could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Shares of EMCORE Corporation were down 33% to $0.5091 after the company reported pricing of $15.8 million public offering.
The drop in EMCORE Corporation's share price is likely due to the company's announcement of a $15.8 million public offering. This could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Tremor International shares were down, falling 27% to $4.54 after the company reported financial and operating results for the three and six months ended June 30, 2023.
The drop in Tremor International's share price is likely due to the company's announcement of its financial and operating results. This could lead to a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Advanced Health Intelligence shares were up, gaining 33% to $5.11 after the company said it obtained overseas R&D reimbursement under Australia's research and development tax incentive scheme.
The increase in Advanced Health Intelligence's share price is likely due to the company obtaining overseas R&D reimbursement. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Sunlight Financial Holdings shares shot up 45% to $0.2233.
The sharp increase in Sunlight Financial Holdings' share price is likely due to positive market sentiment. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Shares of Tivic Health Systems got a boost, shooting 45% to $0.0974 after the company announced its funded study started enrollment for its non-invasive bioelectronic device approach to vagus nerve stimulation.
The increase in Tivic Health Systems' share price is likely due to the announcement of its funded study. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100