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INNPF

Innocan Pharma Corporation (OTCQB:INNPF) has entered into an agreement with Research Capital Corporation for a private placement offering of units at $0.30 per unit, aiming to raise up to $3 million. The proceeds will be used for pre-investigational new drug meetings with the FDA, expansion of derma-cosmetic product distribution, and other purposes. The offering is expected to close around the week of October 10, 2023.

Portfolio Pulse from Jelena Martinovic

September 21, 2023 | 5:08 pm

ISRG

A large, unusual options activity has been observed for Intuitive Surgical (NASDAQ:ISRG), indicating a bullish stance by a major investor or institution. The overall sentiment of these big-money traders is split between 60% bullish and 40% bearish. The options trades have targeted a price range from $230.0 to $320.0 for Intuitive Surgical over the last 3 months. The current price of ISRG is down -2.29% at $285.27.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 5:02 pm

SHIBUSD

Shiba Inu (CRYPTO: SHIB) dropped over 2% on Thursday, in line with the general crypto sector and stock market, following a hawkish statement from the Federal Reserve. The crypto tested the lower trend line of a rising channel pattern as support, which is bullish in the short term but could be bearish later. Bullish traders may buy at the lower trend line and exit at the upper trend line, while bearish traders will watch for a downward break from the lower ascending trend line.

Portfolio Pulse from Melanie Schaffer

September 21, 2023 | 4:47 pm

OPUSD

The Optimism Foundation is conducting a private token sale of approximately 116 million OP tokens. The sale involves seven buyers and is primarily aimed at treasury management. The tokens originate from the Unallocated segment of the OP Token treasury and were part of the Foundation's initial working budget. Buyers will be subjected to a two-year lockup period but can delegate these tokens to independent third parties for governance participation. The Foundation recently executed its third community airdrop, distributing 19.4 million tokens to over 31,000 users.

Portfolio Pulse from Murtuza Merchant

September 21, 2023 | 4:33 pm

WM

Waste Management's (NYSE:WM) short percent of float has risen 19.57% since its last report, with 4.47 million shares sold short, which is 1.1% of all regular shares available for trading. It would take traders 3.66 days to cover their short positions on average. The company's short interest is less than its peer group average of 2.68%.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 4:30 pm

PXD

Pioneer Natural Resources's (NYSE:PXD) short percent of float has fallen 13.5% since its last report, with 3.27 million shares sold short, which is 1.41% of all regular shares available for trading. It would take traders 2.46 days to cover their short positions on average. The company's short interest is less than its peer group average of 6.47%.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 4:30 pm

SNY

Pharmanovia has announced the acquisition of exclusive control of Sanofi's pharmaceutical product assets. The deal is expected to expand Pharmanovia's product portfolio and strengthen its position in the pharmaceutical industry.

Portfolio Pulse from Happy Mohamed

September 21, 2023 | 4:15 pm

SHEL

Shell PLC is seeking partners to invest in renewable assets managed by its Indian subsidiary, Sprng Energy. This move aligns with the company's growth plans, which include doubling down on oil and gas operations and scaling back some investments in renewables. Shell also recently opened its largest electric vehicle charging station globally in Shenzhen, China.

Portfolio Pulse from Nabaparna Bhattacharya

September 21, 2023 | 4:12 pm

NVO

A significant bearish stance has been taken on Novo Nordisk (NYSE:NVO) by a large investor, as observed from unusual options activity. The sentiment among these big-money traders is split between 30% bullish and 69% bearish. The whales have been targeting a price range from $55.0 to $105.0 for Novo Nordisk over the last 3 months. The price of NVO is currently down -3.36% at $91.55.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 3:31 pm

BTCUSD

Caitlin Long, the founder and CEO of Custodia Bank, spoke to Benzinga about the future of cryptocurrencies, particularly Bitcoin. She emphasized that the cryptocurrency market is still in a phase requiring further refinement and maturation, drawing parallels to the tech bubble. Long also addressed concerns related to criminal activity in the sector, stating that the industry is working with law enforcement to clean up the space. She also mentioned the bankruptcy of cryptocurrency trading platform FTX.

Portfolio Pulse from Chris Katje

September 21, 2023 | 3:14 pm