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SLG

SL Green Realty has entered into a contract to sell its fee ownership interest in 625 Madison Avenue for a gross sale price of $632.5 million, which equates to $1,123 per square foot.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:09 pm

VINE

Fresh Vine Wine Inc. (VINE) has announced a non-binding letter of intent to merge with Notes Live, Inc., a live entertainment and hospitality company. The definitive agreement is expected by January 31, 2024, with a potential closing in Q2 2024. Notes Live owners may acquire over 90% of Fresh Vine post-transaction. Conditions include due diligence, financing, regulatory approvals, and NYSE American listing maintenance. Fresh Vine has also made a $500,000 equity investment in Notes Live, which may be refundable. The transaction aims to provide customers an opportunity to invest in Notes Live's vision for live music experiences.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:09 pm

VCNX

Nasdaq has granted Vaccinex, Inc. an extension until March 4, 2024, to regain compliance with the Nasdaq Listing Rule. This extension provides Vaccinex with additional time to meet the minimum bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:09 pm

LUXH

LuxUrban Hotels Inc. (LUXH) and its Chairman and Co-CEO Brian Ferdinand mutually agreed to cancel a $10M financing arrangement due to ongoing discussions with Wyndham Hotels & Resorts, Inc. to enhance access to non-dilutive capital. The company is in late-stage talks with Wyndham about Development Incentive Advances, which could accelerate and increase funding for new property acquisitions. Ferdinand will stop selling LUXH common stock, and approximately $500,000 from recent sales will be gifted to the company. LUXH continues to expand, having onboarded or in the process of onboarding 27 hotels to the Wyndham brand, and maintains its financial and unit guidance. Additionally, the underwriter of LUXH's Series A Preferred Stock offering partially exercised an over-allotment option on December 1, with the possibility of further exercises through December 8, with net proceeds aimed at leasing more units and for corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:07 pm

BOOT

FEBO

GMBL

JFBR

NEGG

SLNA

SRM

SYPR

WOOF

In Monday's pre-market session, several consumer discretionary stocks experienced significant movements. PARTS iD (ID) shares surged 27.5%, Newegg Commerce (NEGG) rose 15.55%, SRM Entertainment (SRM) increased by 15.51%, Selina Hospitality (SLNA) went up by 14.86%, and Boot Barn Holdings (BOOT) gained 12.81%. Conversely, Fenbo Holdings (FEBO) shares fell by 11.2%, Jeffs Brands (JFBR) declined by 10.53%, Petco Health and Wellness (WOOF) dropped by 5.5%, and Sypris Solutions (SYPR) decreased by 5.21%. Esports Entertainment (GMBL) also saw a rise of 10.21%.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 1:07 pm

ALK

BTM

EOSE

HYLN

MPU

NXU

OPTT

PIXY

SNTG

TURB

In Monday's pre-market session, several industrial stocks showed significant movement. Hawaiian Holdings (HA) saw a substantial increase of 181.9% to $13.7, while Sentage Holdings (SNTG), Bitcoin Depot (BTM), Mega Matrix (MPU), Nxu (NXU), and Turbo Energy (TURB) also experienced gains. Conversely, ShiftPixy (PIXY), Alaska Air Group (ALK), Hyliion Holdings (HYLN), Ocean Power Technologies (OPTT), and Eos Energy Enterprises (EOSE) saw their stock prices decline.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 1:06 pm

ATHE

EYPT

LSDI

NEXI

PBLA

In Monday's pre-market session, several healthcare stocks experienced significant movements. EyePoint Pharmaceuticals (EYPT) saw a dramatic increase of 378.8%, while Alterity Therapeutics (ATHE) and Lucy Scientific Discovery (LSDI) also posted substantial gains. On the downside, NexImmune (NEXI) and Panbela Therapeutics (PBLA) experienced notable declines, along with other companies such as Sana Biotechnology (SANA) and Vivos Therapeutics (VVOS).

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 1:06 pm

BKYI

IDAI

MARA

OSS

SSNT

WISA

In Monday's pre-market session, SilverSun Technologies (SSNT) saw a significant rise of 209.5%, while WiSA Technologies (WISA) and Marathon Digital Holdings (MARA) also experienced notable gains. Conversely, One Stop Systems (OSS), BIO-key Intl (BKYI), and T Stamp (IDAI) were among the stocks that fell sharply.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 1:06 pm

IMGN

Piper Sandler analyst Joseph Catanzaro has downgraded Immunogen (NASDAQ:IMGN) from Overweight to Neutral, while also raising the price target for the company's stock from $24 to $31.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:06 pm

ANSS

Ansys, Inc. has announced that Nicole Anasenes, the company's CFO and Senior Vice President of Finance, will leave the company in the second quarter of 2024. Ansys is currently searching for a new CFO, and Anasenes will assist in the transition process.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 1:06 pm