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SIGA

SIGA Technologies, Inc. has secured a $9 million contract with the U.S. Department of Defense for the procurement of TPOXX, marking the third such contract in three years. This deal includes both oral and intravenous forms of TPOXX and is part of ongoing collaboration with the DOD.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 8:01 pm

AEMD

Stocks related to mpox are seeing a rise in share prices following the confirmation of the first mpox case in Wayne County since 2022.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 7:55 pm

GOVX

GeoVax Labs shares surged following the confirmation of a new mpox case by the Wayne County Health Department, marking the first case since 2022.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 7:52 pm

EBS

MRNA

The Wayne County Health Department has confirmed its first case of mpox since 2022, with low public risk. The World Health Organization has declared a global health emergency due to an outbreak in the Democratic Republic of Congo. Vaccines are recommended for those at risk.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 7:49 pm

DAL

EIS

Delta Air Lines has announced a temporary suspension of its flights between New York-JFK and Tel Aviv until October 31. This decision may impact Delta's operations and revenue in the short term.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 7:41 pm

COSM

VRAX

Cosmos Health Inc. (NASDAQ:COSM) stock is rising due to its continued rights to distribute mpox PCR detection kits in Europe, amid increasing mpox cases. The company has exclusive distribution rights in Greece and Cyprus and non-exclusive rights across Europe. The WHO has declared a public health emergency due to mpox outbreaks.

Portfolio Pulse from Dylan Berman

August 21, 2024 | 7:41 pm

AMD

AMD shares are trading higher after announcing a definitive agreement to acquire ZT Systems, expected to close in the first half of 2025. This acquisition aligns with AMD's strategy to invest in AI technology and is expected to be accretive by the end of 2025. Goldman Sachs views this as a significant step for AMD in the AI data center market, setting a 12-month price target of $175.

Portfolio Pulse from Henry Khederian

August 21, 2024 | 7:32 pm

WENA

Anew Medical, Inc. (NASDAQ:WENA) shares experienced volatility after signing a license agreement with Transfertech Sherbrooke for the Nanoject autoinjector. The stock initially soared in premarket trading but later gave back some gains, with trading volume significantly higher than average.

Portfolio Pulse from Erica Kollmann

August 21, 2024 | 7:23 pm

WTO

UTime Ltd (NASDAQ:WTO) shares rose by 12.5% following a collaboration with Dr. Ehud Baron to enhance AI-driven health solutions and expand smart medical wearable products. The focus is on optimizing a blood pressure monitoring watch and developing devices for other health indicators.

Portfolio Pulse from Henry Khederian

August 21, 2024 | 7:11 pm

FCOM

IXP

META

METU

VOX

XLC

Meta Platforms, Inc. (NASDAQ:META) is facing a lawsuit from Ethan Zuckerman, a professor at the University of Massachusetts-Amherst, over user control on Facebook. The lawsuit aims to release a browser extension, Unfollow Everything 2.0, which would allow users to unfollow all friends, groups, and pages at once, effectively turning off their newsfeed. Meta has filed a motion to dismiss the suit, calling it baseless. Despite the lawsuit, Meta's stock and related ETFs have seen slight gains.

Portfolio Pulse from Michael Juliano

August 21, 2024 | 7:11 pm