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AERT

Aeries Technology, Inc. (NASDAQ:AERT) has entered into a strategic partnership with Quickbase to enhance global technology and innovation. This collaboration aims to streamline operations, enhance productivity, and drive growth across various functions by leveraging India's talent pool and focusing on digital transformation with low/no code technology stacks. The partnership marks a significant step in Quickbase's strategy to become a global driver of technology and innovation, with a new establishment in Bangalore, India.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 8:32 pm

NARI

Inari Medical, Inc. (NASDAQ: NARI) announced positive two-year interim results from the CLOUT registry for its ClotTriever system, presented at the American Venous Forum. The results show excellent safety, effectiveness, and long-term outcomes in treating deep vein thrombosis (DVT), with significantly lower post-thrombotic syndrome (PTS) rates compared to historical studies. Inari's commitment to high-level research, including the DEFIANCE trial, aims to establish ClotTriever and FlowTriever systems as the standard of care for DVT and pulmonary embolism patients.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 8:29 pm

LYV

SSSS

Liquid Death, a rapidly growing beverage company, announced a new funding round of $67 million, reaching a valuation of $1.4 billion. The company, known for its canned water, flavored sparkling water, and iced tea, has attracted new investors including SuRo Capital (NASDAQ:SSSS) and Live Nation Entertainment (NYSE:LYV), along with celebrity investors like Josh Brolin and DeAndre Hopkins. The funding will support product innovation and operational scaling. Liquid Death reported $263 million in retail sales in 2023 and has expanded to 113,000 retail locations in the US and UK.

Portfolio Pulse from Chris Katje

March 12, 2024 | 8:27 pm

DKNG

The 2024 NFL season's free agency and team trades are significantly impacting Super Bowl LIX betting odds. Notable signings include Kirk Cousins to the Atlanta Falcons, Saquon Barkley to the Philadelphia Eagles, and Russell Wilson to the Pittsburgh Steelers. These moves have altered the teams' odds on DraftKings, with the Eagles and Falcons seeing improved odds, while the Vikings' odds have worsened. DraftKings Inc (NASDAQ:DKNG) is also introducing prop bets for these players.

Portfolio Pulse from Chris Katje

March 12, 2024 | 8:25 pm

TDY

Teledyne Technologies Incorporated (NYSE:TDY) has announced its agreement to acquire Valeport Holdings Limited, a UK-based company specializing in underwater sensors for various applications. The acquisition aims to enhance Teledyne's marine technology offerings, although the financial terms were not disclosed. Valeport's product line includes sound velocity probes, flow meters, and multi-parameter profilers, complementing Teledyne Marine's existing technology solutions.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:24 pm

KOPN

Kopin Corporation (NASDAQ:KOPN) announced significant progress in establishing a 'fabless' OLED display production for defense applications, including forming a partnership in a NATO-member European country and achieving near-zero degradation in brightness performance in initial life testing. The company's strategy focuses on agility and cost-effectiveness by relying on partners for fabrication and deposition, aiming to complete the transition by 2024.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:19 pm

PM

Recent options activity for Philip Morris Intl (NYSE:PM) shows a bearish sentiment among investors, with 77% of trades being bearish. The trades range from $60.0 to $110.0 strike prices, indicating expected price movements within this range over the next three months. The company, known for its tobacco products and recent diversifications, is currently trading at $94.67, with a potential overbought status as indicated by RSI readings. Its next earnings release is anticipated in 42 days.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 8:15 pm

SKIN

The Beauty Health Company (NASDAQ:SKIN), known for its flagship brand Hydrafacial, has officially appointed Marla Beck as its President and CEO. Beck, who has been serving as Interim CEO since November 20, 2023, and is a member of the Board of Directors, brings extensive experience from her time as the founder and CEO of Bluemercury. Her leadership is expected to drive growth and value for BeautyHealth, leveraging her deep understanding of the beauty industry and track record of building successful brands.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:07 pm

MDXH

MDxHealth SA (NASDAQ:MDXH) has introduced a non-invasive genetic test for hereditary prostate cancer, expanding its prostate cancer diagnostic offerings. The test, which uses a simple saliva sample, aims to provide insights into a patient's risk of developing prostate cancer, disease progression, and response to therapies. This addition is in line with National Comprehensive Cancer Network (NCCN) guidelines and is covered by Medicare and many commercial insurance plans. CEO Michael K. McGarrity believes this will contribute to the company's revenue and growth in the latter half of the year.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:02 pm

NCNA

NuCana has been granted U.S. Patent #11925658 for 'Phosphoramidate Derivatives for Use in the Treatment of Cancer,' covering treatments for leukemia, prostate, lung, and breast cancers, especially in resistant cases.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:00 pm