Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Are Secretly Monitoring But Not Talking About Yet
Portfolio Pulse from Chris Katje
Benzinga's Stock Whisper Index has highlighted five stocks that warrant attention for the week of Aug. 25, 2023. These include VCI Global Ltd, which has seen shares soar after announcing a partnership with Microsoft Corp for use of the Azure OpenAI platform. Electriq Power Holdings' shares rose over 100% after a SPAC merger. Foremost Lithium Resource & Technology completed an IPO in the U.S. Apellis Pharmaceuticals Inc saw shares jump after an update for its AMD treatment. Kenvue Inc, spun off from Johnson & Johnson, is now a fully independent company and a new component for the S&P 500 Index.
August 25, 2023 | 2:48 pm
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Apellis Pharmaceuticals Inc saw shares jump after an update for its AMD treatment.
The positive update for its AMD treatment could lead to increased investor confidence and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Electriq Power Holdings' shares rose over 100% after a SPAC merger.
The SPAC merger has led to a decrease in the company's float, leading to increased volatility and a surge in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Foremost Lithium Resource & Technology completed an IPO in the U.S.
The completion of the IPO could attract more investors, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Kenvue Inc, spun off from Johnson & Johnson, is now a fully independent company and a new component for the S&P 500 Index.
The transition to an independent company and inclusion in the S&P 500 could attract more investors, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
VCI Global Ltd shares soared after announcing a partnership with Microsoft Corp for use of the Azure OpenAI platform.
The partnership with Microsoft is a significant development for VCI Global, which could boost its AI consulting efforts and potentially lead to increased revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100