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ORAN

QTUM

Orange plans to delist its ADRs from the NYSE to reduce financial burdens, while maintaining its U.S. presence and investor communication. The delisting will occur in Q4 2024, with ADRs trading on the OTC market thereafter. Orange remains committed to its U.S. operations and partnerships.

Portfolio Pulse from Lekha Gupta

September 25, 2024 | 1:34 pm

BXSL

Blackstone Secured Lending Fund has filed with the SEC to issue and sell common shares worth up to $500 million. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:34 pm

ACST

Acasti Pharma's shares rose following the announcement of completing patient enrollment for its Phase 3 strive-on safety trial.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:33 pm

WINT

Windtree Therapeutics announced positive Phase 2b study results for its heart failure drug candidate, istaroxime, which improved systolic blood pressure in patients with early cardiogenic shock. The drug showed significant benefits in primary and secondary endpoints with a favorable safety profile. Despite the positive news, WINT stock is down 7.98% in premarket trading.

Portfolio Pulse from Vandana Singh

September 25, 2024 | 1:33 pm

ENTX

Entera Bio shares rose following positive results from their obesity and metabolic disorder studies, indicating significant systemic exposure and a favorable pharmacokinetic profile.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:31 pm

HUIZ

Hiuze Holding's shares are declining following the announcement of a year-over-year decrease in Q2 revenue results.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:29 pm

DASH

DoorDash shares are rising following an upgrade from KeyBanc and a favorable court ruling. KeyBanc upgraded DoorDash to Overweight with a $177 price target. A federal judge ruled a NYC law requiring data sharing with restaurants unconstitutional, benefiting DoorDash.

Portfolio Pulse from Adam Eckert

September 25, 2024 | 1:27 pm

BACA

Berenson Acquisition Corp. I (NYSE:BACA) will liquidate as it will not complete its initial business combination by September 30, 2024. The liquidation process will begin on October 16, 2024, with a per-share redemption price of approximately $10.69. The company's securities will cease trading on September 27, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:23 pm

RZLV

Rezolve AI's shares have surged following the company's response to Bain & Company's forecast of a significant growth in the AI market. Bain predicts an annual growth rate of 40-55% and a market size nearing $1 trillion by 2027.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:22 pm

BABA

BIDU

JD

NIO

US-listed Chinese companies are experiencing a decline in share prices due to a potential selloff, following a previous rise after China's Central Bank announced a new stimulus package.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:20 pm