Streetbeat News

Regulatory

DOV

Systech, a part of Markem-Imaje and Dover (NYSE:DOV), has announced the availability of Systech UniTrace DSCSA for Pharmacies and Dispensers. The solution helps pharmacies and dispensers meet DSCSA compliance by enabling them to acquire, validate, and retain electronic transaction information. The solution is available in three package levels: basic, advanced, and enterprise. The solution will be critical for companies adapting to heightened DSCSA electronic interoperability requirements effective November 2023.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 8:16 pm

ENOB

Enochian Biosciences Inc. has received a deficiency notice from the Nasdaq Stock Market, indicating that its common stock fails to comply with the $1 minimum bid price.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 8:08 pm

JUPW

Jupiter Wellness has announced the postponement of the spin-off and distribution of common stock of its subsidiary, SRM Entertainment. The company intends to proceed with the distribution as soon as it complies with federal securities laws and receives regulatory approval.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:06 pm

PRTA

Prothena Corporation (PRTA) will present new data from its Alzheimer's disease programs at the Alzheimer's Association International Conference in 2023.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:06 pm

INCY

Incyte (NASDAQ:INCY) has announced positive topline results from its Phase 3 TRuE-AD3 study evaluating the safety and efficacy of ruxolitinib cream (Opzelura®) in children with atopic dermatitis (AD). The study met its primary endpoint, showing significantly more patients treated with ruxolitinib cream achieved Investigator's Global Assessment Treatment Success than those treated with a non-medicated cream. The safety profile of ruxolitinib cream is consistent with previous data, and no new safety signals were observed.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 8:06 pm

AUUD

Auddia has been granted an extension by Nasdaq to regain compliance with Nasdaq Listing Rule 5550(B)(1).

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 8:04 pm

WATT

Energous has been granted US Patent #11699847 for 'Power Wave Transmission Techniques To Focus Wirelessly Delivered Power At A Receiving Device'. This could potentially enhance the company's product portfolio and competitive edge in the market.

Portfolio Pulse from Happy Mohamed

July 11, 2023 | 7:58 pm

JWN

Nordstrom Inc (JWN) shares are trading higher by 5.51% to $20.40 amid overall market strength and ahead of Wednesday's June inflation data report. The inflation data can impact consumer spending, which in turn can influence the performance of retail stocks like Nordstrom. High inflation can erode consumers' purchasing power, leading to reduced discretionary spending on items like fashion and luxury goods, potentially impacting Nordstrom's sales and profitability.

Portfolio Pulse from Henry Khederian

July 11, 2023 | 7:55 pm

COIN

Coinbase has reached a surveillance-sharing agreement for five of its spot bitcoin ETF applications, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 11, 2023 | 7:48 pm

LYFT

Shares of LYFT Inc (NASDAQ:LYFT) are trading higher by 4.49% to $11.52 despite a lack of company-specific news. The stock is seeing strength as major indices are also higher ahead of Wednesday's June inflation data report. Higher inflation may result in increased costs for Lyft, such as fuel prices, vehicle maintenance, and insurance expenses. If inflation leads to higher interest rates, it could impact the cost of capital for the company, potentially affecting Lyft's profitability or growth prospects.

Portfolio Pulse from Henry Khederian

July 11, 2023 | 7:47 pm