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VTVT

vTv Therapeutics Inc (NASDAQ:VTVT) shares surged 103.8% to $17.32 after closing a $51 million private placement with healthcare-focused investors, including Samsara BioCapital and the JDRF T1D Fund. The company plans to use the proceeds to fund a Phase 3 study of cadisegliatin, its lead product candidate for type 1 diabetes. The financing also led to a reduction in the size of its Board of Directors from nine to seven members.

Portfolio Pulse from Vandana Singh

February 28, 2024 | 6:53 pm

HURN

Huron Consulting's shares dropped following the announcement of Q4 sales results that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 6:52 pm

GSAT

Globalstar's stock is trading lower following the announcement of disappointing Q4 sales results and a forecast for FY24 total revenue that falls short of expectations.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 6:45 pm

CYTK

Financial analysis reveals a bearish trend in options trading for Cytokinetics (NASDAQ:CYTK), with 62% of trades showing bearish tendencies. The analysis highlighted unusual trading activity, including both puts and calls, with a focus on a price window from $50.0 to $100.0. The current trading volume is 2,126,180, with CYTK's price down by -3.9% at $77.83. Analyst ratings from Needham and HC Wainwright & Co. suggest a target price averaging $101.0, despite the bearish options sentiment.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 6:45 pm

AFRM

Financial analysis of Affirm Holdings (NASDAQ:AFRM) reveals a bearish sentiment among big money traders, with 53% showing bearish tendencies in options trading. The trading activity focuses on a price band between $25.0 and $55.0. Despite this, the stock's current price is $38.73, with a neutral RSI and a mixed outlook from analysts, suggesting a cautious approach for investors.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 6:45 pm

U

Deep-pocketed investors have shown a bearish sentiment towards Unity Software (NYSE:U), with a notable shift in options trading. Benzinga's tracking revealed 15 extraordinary options activities, with 60% bearish and 40% bullish sentiment. The price target window is between $15.0 to $34.0. Unity Software is currently trading at $30.3, down by -2.32%, with a neutral RSI. Analyst ratings vary, with an average target price of $28.5, ranging from $20 to $33.

Portfolio Pulse from Benzinga Insights

February 28, 2024 | 6:45 pm

PLNH

Planet 13 Holdings Inc. (OTCQX:PLNH) reported a significant reduction in net loss by over 60% and achieved positive EBITDA in Q4 2023 despite a 7.5% drop in revenue and industry challenges. The company highlighted its acquisition of VidaCann and expansion in Illinois as key growth strategies. Shares of Planet 13 traded 2.1132% higher at $0.72 following the announcement.

Portfolio Pulse from Jelena Martinovic

February 28, 2024 | 6:43 pm

AAPL

Bank of America maintains a Buy rating on Apple Inc. (NASDAQ:AAPL), highlighting customer loyalty to the iPhone and potential high uptake of upcoming models and the Vision Pro VR headset. Despite the enthusiasm, the $3,499 price tag for the Vision Pro is seen as too high by many, with a survey indicating a preferred price point of $2,090. Apple's installed base of active devices has surpassed 2.2 billion, reaching a record high, and its services division reported all-time high revenues. Apple shares were up 0.7% at $181.29 in midday trade on Wednesday.

Portfolio Pulse from Neil Dennis

February 28, 2024 | 6:42 pm

ETCUSD

Ethereum Classic (ETC) saw a slight increase of 1.1% to $28.51, influenced by Bitcoin's surge to $60,000 and speculative trading. The SEC's approval of a spot Bitcoin ETF has also positively impacted Bitcoin's value, hinting at potential growth for alternative cryptocurrencies like ETC.

Portfolio Pulse from Henry Khederian

February 28, 2024 | 6:39 pm

PSNY

Polestar Automotive has announced securing $950 million in external funding, leading to an increase in its share price.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 6:35 pm