Streetbeat News

Regulatory

HFFG

HF Foods has settled with the SEC and agreed to pay a civil monetary penalty of $3.9 million.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 12:31 pm

SRZN

Surrozen presented preliminary results of its Phase 1a study of SZN-043 in liver cirrhosis patients at EASL 2024. The treatment was safe and well tolerated, showing evidence of target engagement and Wnt-pathway mediated effects. Enrollment is ongoing for the Phase 1b study in severe alcohol-associated hepatitis.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 12:30 pm

CRML

Critical Metals Corp. (NASDAQ:CRML) has announced a $211 million deal to acquire a controlling interest in the Tanbreez Greenland Rare Earth Mine. This acquisition aims to enhance the supply of rare earth elements (REEs) essential for electrification and next-generation technologies in Europe and North America. The project is expected to reduce dependence on Chinese imports and support various commercial and defense applications.

Portfolio Pulse from Shivani Kumaresan

June 10, 2024 | 12:09 pm

PEGY

Pineapple Energy Inc. (NASDAQ:PEGY) announced a 1-for-15 reverse stock split effective June 12, 2024, to regain compliance with Nasdaq listing requirements. The stock will trade on a post-split basis under the same symbol.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 12:06 pm

MLTX

MoonLake Immunotherapeutics announced that both the FDA and EMA have unanimously supported the company's proposed approach for advancing its Phase 3 program of the nanobody Sonelokimab in treating psoriatic arthritis.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 12:04 pm

ABT

Abbott has received FDA clearance for its Lingo and Libre Rio over-the-counter continuous glucose monitoring systems, which could significantly impact its market position in the healthcare sector.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 12:02 pm

AGRI

AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI) has been awarded a new U.S. patent for its developmental automated growing systems, enhancing its intellectual property portfolio in agriculture and agribusiness.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 12:01 pm

STTK

Shattuck Labs has been granted Orphan Drug Designation by the FDA for its drug candidate SL-172154, which is being developed for the treatment of Acute Myeloid Leukemia.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:37 am

BWAY

BrainsWay has initiated a prospective, randomized, controlled, multicenter trial to evaluate its accelerated deep transcranial magnetic stimulation (dTMS) system for treating major depressive disorder.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:35 am

CRWD

GDDY

GME

KKR

LUV

NVDA

QQQ

SPY

U.S. stocks are set to open lower on Monday due to concerns over the Federal Reserve's upcoming rate decision and May inflation data. Key stocks in focus include GameStop, Nvidia, CrowdStrike, KKR, GoDaddy, and Southwest Airlines. ETFs SPY and QQQ are also trading down in premarket.

Portfolio Pulse from Shanthi Rexaline

June 10, 2024 | 11:28 am