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LASE

Laser Photonics announced it has received an order from Pima Air & Space Museum for its CleanTech LPC-1000-CTHS laser cleaning system. This order highlights the company's expansion in providing advanced laser cleaning solutions.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:22 pm

MARA

Marathon Digital Holdings, Inc. (NASDAQ:MARA) shares dropped in premarket trading despite reporting a significant year-over-year revenue increase of 452% to $156.77 million and reversing to a profit of 66 cents per share. The decline was attributed to an adjusted loss of 2 cents per share, missing analyst expectations of a 3-cent per share profit. The company also reported a 172% increase in Bitcoin production. The drop occurred amidst a broader Bitcoin rally, with Bitcoin reaching a new intraday high of $63,432.97.

Portfolio Pulse from Shanthi Rexaline

February 29, 2024 | 12:17 pm

ASLN

ASLAN Pharmaceuticals has received a favorable opinion from the European Patent Office on its composition of matter patent application for Farudodstat, ensuring exclusivity for the drug until at least 2043. This development is significant for the company's intellectual property rights and its ability to commercialize Farudodstat in the European market.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:16 pm

TLSI

TriSalus Life Sciences announced the publication of a real-world study on the effectiveness of its TriNav device for trans-arterial chemoembolization and trans-arterial radioembolization in patients with hepatocellular carcinoma and liver metastases. The study's findings could potentially enhance the company's reputation in the medical device sector and impact its market position.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:15 pm

LEV

Lion Electric Company (LEV) reported a significant increase in vehicle deliveries, totaling 852 vehicles for the current period, up by 333 vehicles from the 519 delivered in fiscal 2022.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:06 pm

GOOG

GOOGL

Alphabet Inc.'s Google celebrates Leap Day on Feb. 29, 2024, with a special doodle featuring a frog and the number 29. This part of Google's Leap Year festivities includes sharing interesting facts and a retrospective of its doodle series. Leap Day, occurring every four years, helps keep our calendars in alignment with the Earth's orbit around the Sun.

Portfolio Pulse from Rounak Jain

February 29, 2024 | 12:06 pm

BMY

Bristol Myers Squibb announced positive long-term results from the Phase 3 DAYBREAK trial for Zeposia in treating relapsing forms of Multiple Sclerosis, highlighting its efficacy and safety profile.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 12:00 pm

TARS

Tarsus Pharmaceuticals (NASDAQ:TARS) has been analyzed by 4 analysts, showing a shift towards a more cautious stance in the last 30 days with ratings ranging from bullish to indifferent. The average 12-month price target for TARS has been raised to $49.00, indicating a 19.51% increase from the previous target. The company, focusing on ophthalmic conditions treatment, has shown significant revenue growth but struggles with profitability and efficiency metrics.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 12:00 pm

ANIP

ANI Pharmaceuticals projects its 2024 revenues from Purified Cortrophin Gel to be between $170M and $180M, marking an increase of 52% to 61%.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:56 am

STN

Stantec has been chosen to design Agratas, Tata Group's £4B battery manufacturing facility in the UK, expected to create up to 4,000 jobs and support thousands more in the supply chain.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 11:49 am