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AULT

CISS

MCOM

NXU

WLGS

The article lists five industrials stocks that are currently oversold and may present a buying opportunity. These include Micromobility.com Inc. (NASDAQ:MCOM), WANG & LEE GROUP, Inc. (NASDAQ:WLGS), Ault Alliance, Inc. (NYSE:AULT), Nxu, Inc. (NASDAQ:NXU), and C3is Inc. (NASDAQ:CISS). All these stocks have an RSI value below 30, indicating they are oversold.

Portfolio Pulse from Lisa Levin

August 07, 2023 | 11:36 am

STOK

Stoke Therapeutics has reported Q2 cash, cash equivalents, and marketable securities of $231.4M. This is expected to fund the company's operations until the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:23 am

ACRS

Aclaris Therapeutics expects its Q2 cash, cash equivalents, and marketable securities, totaling $210.8M, to be sufficient to fund its operations through the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:12 am

IKNA

Ikena Oncology has completed the acquisition of Pionyr Immunotherapeutics in an all-stock transaction. The deal includes all of Pionyr's assets, including approximately $43 million in net cash, in exchange for shares of Ikena's stock. The transaction was approved by the boards of directors from both companies.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 11:10 am

NRXP

NRx Pharmaceuticals has announced the licensure of a US patent to support the use of NRX-101 for chronic pain. This development could potentially expand the application of NRX-101 beyond its current use.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:48 am

SAGE

Sage Therapeutics has reported Q2 cash, cash equivalents, and marketable securities of $1B, which is expected to support its operations into 2025.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:39 am

SAGE

Sage Therapeutics is considering resource allocation, including pipeline prioritization and a workforce reorganization, to extend its cash runway. The company expects its operating expenses to decrease in 2024.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 10:38 am

EWU

The U.K. Halifax House Price Index for July shows a month-on-month decrease of 0.3%, compared to an estimate of 0.0% and a prior figure of -0.1%. The year-on-year index for July also decreased by 2.4%, compared to an estimate of -3.8% and a prior figure of -2.6%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 6:01 am

EWG

VGK

Germany's industrial production for June fell by 1.5%, which is more than the estimated 0.4% and the prior 0.1%.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 6:01 am