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OSTX

OS Therapies Incorporated (NYSE:OSTX) is set to IPO on June 27 on the NYSE, offering shares at $4.00 each. The insider lock-up period will last 180 days, ending on December 24, 2024. The company focuses on treatments for osteosarcoma and other solid tumors.

Portfolio Pulse from Benzinga Insights

June 26, 2024 | 3:00 pm

LYEL

Lyell Immunopharma shares are trading lower after the company reported dose-dependent clinical activity from the Phase 1 trial of LYL797.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:53 pm

ALB

CME

LIT

LITP

Albemarle Corporation (NYSE:ALB) shares are trading higher as the company plans additional lithium auctions to enhance price transparency and strengthen supply contracts with automakers. The move aims to address the opaque lithium market and provide clearer pricing. The London Metal Exchange has yet to launch its lithium futures contract, and CME Group Inc. (NASDAQ:CME) has low trading volumes for its lithium contract. Investors can also gain exposure through Sprott Lithium Miners ETF (NASDAQ:LITP) and Global X Lithium & Battery Tech ETF (NYSE:LIT).

Portfolio Pulse from Lekha Gupta

June 26, 2024 | 2:44 pm

MCD

McDonald's USA President Joe Erlinger announced that the tests for McDonald's plant-based burger in San Francisco and Dallas have failed, indicating a lack of demand for plant-based options among diners.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:42 pm

ALB

LAC

LITM

SGML

SQM

Shares of lithium stocks are trading higher amid possible sympathy with Albemarle after the company announced it plans more lithium auctions to boost market transparency.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:41 pm

ALB

Albemarle shares are trading higher following the company's announcement to hold more auctions to enhance price transparency and market understanding.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:39 pm

ALB

CME

Albemarle, the world's largest lithium producer, plans to hold more auctions to boost price transparency and promote a better understanding of the lithium market. This move aims to build trust and provide consistent supply contracts for automakers. The company will share auction data with pricing agencies to create publicly available prices, which should boost hedging and financial contracts. Albemarle is also focusing on aggressive growth in Chile's Salar de Atacama but has no plans for new bids in other lithium-rich areas.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:38 pm

RPTX

Repare Therapeutics (NASDAQ:RPTX) shared positive initial data from its Phase 1 MINOTAUR trial at the ESMO GI Cancers Congress 2024. The trial evaluates lunresertib in combination with FOLFIRI in patients with advanced solid tumors, showing an overall response of 18.2% and prolonged clinical benefit in CRC patients.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:33 pm

PPL

PPL Corporation's subsidiaries, Louisville Gas and Electric Company and Kentucky Utilities Company, are expanding their collaboration with the U.S. Department of Energy to conduct a nuclear feasibility study. This research, funded by a DOE grant, aims to assess the feasibility of new nuclear technology at company sites in Kentucky.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:32 pm

MCD

McDonald's U.S. head expressed confidence in the profitability of their $5 meal offering, indicating that the company is comfortable with its current pricing strategy.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 2:22 pm