Streetbeat News

Regulatory

TRIB

Trinity Biotech has received a notice of non-compliance from Nasdaq regarding the minimum market value of publicly held shares required for continued listing on the Nasdaq Global Select Market. The company has a compliance period of 180 days to meet the minimum requirement, failing which it may be subject to delisting procedures.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:09 pm

XCUR

Exicure has received a delinquency notice from Nasdaq due to the late filing of its Form 10-Q. The company has 60 days to submit a plan to regain compliance with Nasdaq's listing rules.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:02 pm

NVS

Novartis has reported that there is no identified causal relationship between its cancer treatment, Kymriah, and secondary malignancies, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:56 pm

NVS

Novartis has stated that there is currently no evidence that would alter the company's confidence in the benefit/risk profile of its cancer treatment, Kymriah, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:54 pm

NVDA

NVIDIA Corporation (NASDAQ:NVDA) is expanding its autonomous driving team in China by hiring for twenty-four positions across Beijing, Shanghai, and Shenzhen. The recruitment aims to design and deploy AI systems for automation and autonomous vehicles, led by Xinzhou Wu, an expert in the Chinese AV market. Despite U.S. export controls on AI GPUs, Nvidia's automotive products remain unaffected. NVDA shares were down 1.21% at $476.61 at the time of publication.

Portfolio Pulse from Ryan Gustafson

November 28, 2023 | 8:43 pm

LOCC

Live Oak Crestview Climate Acquisition Corp. (LOCC) received a notice from NYSE for not filing its Q3 Form 10-Q on time. Despite this, the notice does not affect LOCC's current NYSE listing. However, LOCC will redeem all outstanding shares of Class A common stock and will not be listed on the NYSE after the liquidation effective November 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:34 pm

MBTC

Nocturne Acquisition Corporation has announced its intention to extend the deadline for completing its initial business combination by one month to January 5, 2024, according to a recent SEC filing.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:33 pm

EWC

Fitch Ratings has indicated that Canada will face increased medium-term fiscal challenges, but the Fall Economic Statement will not have a major immediate impact on Canada's federal budget outlook for fiscal 2023/24.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:31 pm

EIS

SPY

VGK

U.S. Senate Majority Leader Chuck Schumer announced plans to bring the Israel Ukraine Bill to the Senate floor next week. This legislative move could have implications for U.S. foreign policy and defense-related stocks.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:23 pm

CABA

CREV

ICCM

PDD

SNES

THAR

U.S. stocks saw gains with the Dow Jones rising by 0.27%, NASDAQ by 0.12%, and S&P 500 by 0.07%. Consumer discretionary shares led the gains, while health care shares declined. Crude oil surged by 2.1%, and gold also rose. Carbon Revolution, PDD Holdings, and IceCure Medical saw significant stock price increases following positive news. Tharimmune's shares plummeted after pricing a public offering at $1 per share. SenesTech and Cabaletta Bio also experienced sharp declines in their share prices.

Portfolio Pulse from Lisa Levin

November 28, 2023 | 7:57 pm