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AMC

GME

AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading lower on Wednesday after announcing agreements to issue stock in exchange for notes and completing an equity offering. The stock had previously rallied alongside GameStop Corp (NYSE:GME) due to renewed interest from Keith Gill, known as 'Roaring Kitty'.

Portfolio Pulse from Adam Eckert

May 15, 2024 | 1:05 pm

ACXP

Acurx Pharmaceuticals has reported a successful FDA end-of-Phase 2 meeting and is ready to advance ibezapolstat into Phase 3 clinical trials for treating C. difficile Infection. The company has also received SME designation from the EMA, which provides fee incentives and support for EU Marketing Authorization.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:02 pm

CTHR

Charles & Colvard has announced a 1-for-10 reverse stock split effective May 17, 2024, to comply with Nasdaq's $1.00 minimum bid price requirement. Split-adjusted trading will begin on the same day.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:56 pm

BNR

Trading for BNR was halted and then resumed at 8:55:00 AM ET. The halt was due to pending news, and trading resumed after the news was released.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:55 pm

HMNF

Trading halt status was updated at 8:55:00 AM ET, indicating a resumption of quotations. The news and resumption times are provided.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:55 pm

MBRX

Moleculin Biotech has commenced a Phase 2 clinical trial of its STAT3 inhibitor, WP1066, for glioblastoma. The trial, funded by the NIH, is being conducted at Northwestern University and combines WP1066 with radiation, showing promising results in animal models.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:40 pm

QQQ

UUP

US inflation data for April met expectations, breaking a three-month streak of higher-than-expected readings. This has bolstered hopes for a Federal Reserve rate cut. The Consumer Price Index (CPI) showed a year-over-year increase of 3.4%, while core CPI inflation eased to 3.6%. Market reactions included a drop in Treasury yields, a weakening US dollar, and gains in stock futures, with the Nasdaq 100 index closing at an all-time high.

Portfolio Pulse from Piero Cingari

May 15, 2024 | 12:38 pm

TCBP

TC BioPharm (NASDAQ:TCBP) has launched a compassionate use program for its lead therapeutic, TCB008, in the UK. This program will make TCB008 available to patients, potentially accelerating its adoption and providing critical data for further development.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:37 pm

DGX

Cheating on drug tests among American workers has surged to a 30-year high, with Quest Diagnostics Inc (NASDAQ:DGX) reporting significant increases in tampered samples. The rise in positive drug tests, particularly for marijuana, and varied state laws present challenges for employers maintaining drug-free workplaces.

Portfolio Pulse from Vandana Singh

May 15, 2024 | 12:37 pm

HMNF

Trading for HMN Financial, Inc. (HMNF) was halted at 8:25:00 a.m. ET pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:25 pm