Streetbeat News

Earnings

SHPH

Shuttle Pharmaceuticals has provided a Q2 2023 corporate update, highlighting its progress in the development of Ropidoxuridine, a drug candidate for brain cancer treatment. The company is on track to commence Phase II clinical study in Q4 2023. It has completed the initial manufacturing campaign for the active pharmaceutical ingredient (API) of Ropidoxuridine and received approval for a Type B pre-IND meeting with the FDA. The company's Q2 2023 operating expenses totaled $1.5 million and its cash balance was $8.4 million as of June 30, 2023.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 1:07 pm

MGOL

MGO Global's shares are trading lower following the release of the company's Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 1:07 pm

AREN

ASTS

CSSE

GETY

GRND

MOXC

TGL

TME

TOON

WIMI

Several communication services stocks experienced significant movement in Tuesday's pre-market session. Notable gainers included Grindr, Arena Group Holdings, Moxian, Treasure Global, WiMi Hologram Cloud, and AST SpaceMobile. On the other hand, Chicken Soup for the Soul, Sea, Getty Images Holdings, Kanzhun, Tencent Music Enter Gr, and Kartoon Studios saw their stocks decline. Q2 earnings reports were a common factor in these movements.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 1:06 pm

BFI

CENN

FTEL

FXLV

GNS

GROV

LXEH

MGOL

TLYS

TRNR

XWEL

Several consumer discretionary stocks experienced significant movement in Tuesday's pre-market session. Interactive Strength (TRNR), Grove Collaborative Hldgs (GROV), LL Flooring Holdings (LL), Cenntro Electric Gr (CENN), Lixiang Education Hldg (LXEH), and BurgerFi International (BFI) saw gains, while F45 Training Holdings (FXLV), MGO Global (MGOL), Fitell (FTEL), XWELL (XWEL), Tilly's (TLYS), and Genius Gr (GNS) experienced losses.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 1:06 pm

DCTH

DSGN

GLTO

TLSA

Several healthcare stocks experienced significant movement in Tuesday's pre-market session. Notable gainers included Delcath Systems (DCTH), Tiziana Life Sciences (TLSA), G Medical Innovations (GMVD), SCYNEXIS (SCYX), Taysha Gene Therapies (TSHA), and Evoke Pharma (EVOK). On the other hand, Galecto (GLTO), Design Therapeutics (DSGN), Alaunos Therapeutics (TCRT), OptimizeRx (OPRX), TFF Pharmaceuticals (TFFP), and PHAXIAM Therapeutics (PHXM) saw declines.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 1:06 pm

EFSH

FRGT

JOB

RCRT

In Tuesday's pre-market session, several industrial stocks saw significant movement. Gainers included Recruiter.Com Group (RCRT), GEE Group (JOB), Pioneer Power Solutions (PPSI), VirTra (VTSI), Agrify (AGFY), and Heliogen (HLGN). Losers included 1847 Holdings (EFSH), Freight Technologies (FRGT), Intuitive Machines (LUNR), VCI Global (VCIG), WANG & LEE Group (WLGS), and Applied UV (AUVI). Most of these movements were in response to Q2 earnings releases.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 1:06 pm

ALAUNOS

Alaunos Therapeutics announced its Q2 financial results, interim clinical data, and the exploration of strategic alternatives, which led to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 1:04 pm

AAMC

Altisource Asset Management reported its Q2 financial results, which led to a decrease in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:58 pm

RMAX

RE/MAX announced its Q2 2023 franchise sales totals, with networkwide sales reaching 231, a 12% increase from Q1. The company also logged more than 200 new sales and renewed over 230 franchises. The sales activity reflects the market's needs, with many larger brokerages considering RE/MAX to scale and grow their businesses. The company has seen an uptick in conversions and team brokerages over the past few months.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 12:57 pm

MGOL

MGO Global (NASDAQ:MGOL) reported Q2 losses of $(0.09) per share, a 28.57% decrease YoY. However, the company's sales increased by 1.91K% to $1.95 million compared to $96.83 thousand in the same period last year.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 12:54 pm