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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

SPLK

Splunk (NASDAQ:SPLK) reported a significant increase in Q3 earnings to $0.55 per share, up from a loss of $(0.20) per share YoY. Sales also rose to $1.07B, a 14.80% increase from $929.77M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:08 pm

LLY

VERV

Verve Therapeutics has announced a public offering of its common stock, with an additional 30-day option for underwriters to purchase up to 15% more shares. Eli Lilly and Company is expected to buy up to $35 million of Verve's stock, provided it doesn't exceed a 4.9% ownership stake.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:05 pm

DIS

At a town hall, Disney CEO Bob Iger discussed challenges since his return, emphasizing optimism and the need for quality over quantity in content creation. He mentioned potential asset sales for efficiency and future health of the business. ESPN plans to launch a streaming platform by 2025. Disney shares are currently trading at $92.95, up 7% YTD.

Portfolio Pulse from Chris Katje

November 28, 2023 | 9:00 pm

GE

ICAD

iCAD Inc. shares have risen following the announcement that its AI-powered solutions from the ProFound Breast Health Suite are now integrated with GE HealthCare's new product offering.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 9:00 pm

CMND

Clearmind Medicine Inc. (NASDAQ:CMND) stock is trading higher after announcing positive results from its pre-clinical trial for a weight loss and metabolic disorder treatment. The trial tested a combination of Clearmind's MEAI and SciSparc's PEA, aiming to determine effective dosage, safety, and impact on metabolic and behavioral factors. The company's CEO highlighted the treatment's potential advantages over existing weight-loss drugs. The stock saw unusually high trading volume and was briefly halted before resuming.

Portfolio Pulse from Ryan Gustafson

November 28, 2023 | 8:55 pm

RGCO

RGC Resources, Inc. (NASDAQ:RGCO) announced an increase in its quarterly dividend from $0.1975 to $0.20 per share, marking the 20th consecutive year of dividend growth. The new annual dividend rate is $0.80 per share, up 1.3% from the previous rate. CEO Paul Nester highlighted the solid operational and financial performance of Roanoke Gas utility and the anticipated completion of the MVP in 2024. The dividend is payable on February 1, 2024, to shareholders of record as of January 17, 2024.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:50 pm

ARGT

BDRY

CYA

RAYS

Micro-cap ETFs, with AUM under $400 million, saw varied performance over the past week. Breakwave Dry Bulk Shipping ETF (BDRY) rose 21.03%, while Global X MSCI Argentina ETF (ARGT) increased by 7.51% following the Argentine election. Conversely, Simplify Tail Risk Strategy ETF (CYA) and Global X Solar ETF (RAYS) fell by 13.52% and 6.40%, respectively. BDRY and ARGT have shown positive year-to-date (YTD) returns, whereas CYA and RAYS have experienced significant declines YTD.

Portfolio Pulse from Johnny Rice

November 28, 2023 | 8:48 pm

BDRX

Shares of Biodexa Pharmaceuticals were halted due to a circuit breaker after a sharp upside move. However, the stock is currently down 19.2%.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 8:46 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