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BLRX

BioLineRx shares are trading lower following the announcement of a $6 million registered direct offering.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 6:28 pm

AMC

AMC Entertainment Holdings, Inc. (NYSE:AMC) shares are trading lower due to a $250 million stock offering announced last week, intended to improve liquidity and manage debt. The offering comes as AMC seeks recovery from strikes that increased cash burn. Shares hit a new low of $3.26, with trading volume significantly above the 100-day average. Wall Street views AMC as Neutral, with expectations of a 20% fall in the coming year. Despite a revenue increase of 11.41% over the past year, the stock has fallen 45.45% in the past three months.

Portfolio Pulse from Erica Kollmann

April 01, 2024 | 6:01 pm

HWC

Hancock Whitney (NASDAQ:HWC) has received diverse analyst ratings over the last three months, with a recent shift towards a more neutral stance. The average 12-month price target is $52.86, marking a 6.25% increase from the previous target. Despite this optimism, the company faces challenges in revenue growth, net margin, ROE, and ROA, underperforming industry averages. However, its low debt-to-equity ratio suggests a healthier balance between debt and equity.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 6:00 pm

FUL

H.B. Fuller (NYSE:FUL) received mixed analyst ratings with a recent shift towards a more neutral stance. The average 12-month price target is now $93.25, down from $95.00, with ratings ranging from 'Neutral' to 'Buy'. The company, known for its adhesives and sealants, shows solid financial performance with positive revenue growth, high net margin, and strong ROE and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 6:00 pm

GE

Financial analysts have observed a bullish trend in options trading for General Electric (NYSE:GE), with a significant number of trades indicating a positive outlook. The analysis highlighted 49 unusual trades, with a majority being bullish. The price target for GE is set between $120.0 and $195.0. Recent trades have focused on calls, particularly with strike prices around $180. GE's current market status shows a slight increase in stock price to $175.6, with potential overbought indications. Analyst ratings from UBS, Wells Fargo, JP Morgan, Goldman Sachs, and RBC Capital suggest a positive outlook, with target prices ranging from $177 to $200.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:45 pm

AMC

AMC Entertainment's shares are experiencing a decline due to the ongoing negative momentum following the announcement of an equity distribution agreement. The company plans to sell shares periodically through an 'at-the-market' program, aiming for an aggregate offering price of $250,000,000.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:33 pm

PLSE

Pulse Biosciences' stock is trading lower following the announcement of its Q4 financial results and plans to initiate a rights offering of up to $60 million worth of units.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:24 pm

BIOR

Biora Therapeutics' stock price is trading lower following the announcement of a $6 million registered direct offering, which involves the sale of 5,454,548 shares of common stock at a price of $1.10 per share.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:23 pm

BIOR

Biora Therapeutics, Inc. (NASDAQ:BIOR) announced a registered direct offering of 5,454,548 shares at $1.10 per share, alongside a concurrent private placement of warrants to purchase up to an equivalent number of shares at the same price. The offering, managed by H.C. Wainwright & Co., is expected to close on April 3, 2024, pending customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 5:19 pm

PANW

Investors have shown a bearish stance on Palo Alto Networks (NASDAQ:PANW), with unusual options trading activity indicating a split sentiment: 29% bullish and 70% bearish. The trading focuses on a price band between $196.67 and $380.0. Notable options activity includes both calls and puts with varying sentiments and strike prices. PANW's current trading volume is 1,728,048, with a price decrease of -1.81%, and an RSI indicating a neutral position. Analyst ratings in the last month have an average target price of $340.0, with recommendations to buy.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 5:15 pm