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FPH

Five Point Holdings, LLC (NYSE:FPH) announced the appointment of Mike Alvarado as Chief Operating Officer, effective immediately. Alvarado, who has over 30 years of experience in real estate, will also continue his roles as Chief Legal Officer, Vice President, and Secretary. His extensive background includes nearly 20 years at Allen Matkins Leck Gamble Mallory & Natsis LLP and significant involvement in Five Point's operations and development strategies. CEO Dan Hedigan expressed confidence in Alvarado's ability to drive shareholder value through efficient execution of the business plan and oversight of entitlement efforts.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 9:17 pm

ALRN

Aileron Therapeutics received a letter from Nasdaq on Feb 29, confirming that the company has regained compliance for continued listing on Nasdaq, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 9:16 pm

ESTC

Elastic NV (ESTC) reported Q3 earnings of 36 cents per share, beating estimates, and sales of $328 million, slightly above expectations. The company raised its FY2024 revenue outlook, but shares fell over 10% due to disappointment in SaaS growth and cloud revenue concerns. Analysts from Truist, Piper Sandler, Scotiabank, Stifel, Goldman Sachs, and Rosenblatt provided mixed reactions, adjusting their price targets accordingly.

Portfolio Pulse from Erica Kollmann

March 01, 2024 | 9:12 pm

TPET

Trio Petroleum Corp (NYSE:TPET), a California-based oil and gas company, announced receiving a deficiency letter from NYSE American for not complying with listing standards due to low share prices. The company must demonstrate price improvement by August 26, 2024, and is considering operations in the McCool field and a potential reverse stock split as measures to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 9:10 pm

MEGL

Magic Empire Global Limited (MEGL) received a Nasdaq notification on February 28, 2024, for failing to meet the minimum bid price requirement of $1 per share from January 16, 2024, to February 27, 2024, under Nasdaq Listing Rules 5550(a)(2).

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 9:09 pm

LL

LL Flooring Holdings (NYSE:LL) reported Q4 losses of $(0.64) per share, beating the $(0.68) estimate, but missed sales estimates with $211.78M against the expected $212.50M. This represents a significant decrease in performance compared to the same period last year, with losses increasing by 120.69% and sales decreasing by 19.74%.

Portfolio Pulse from Happy Mohamed

March 01, 2024 | 9:08 pm

TPCS

TechPrecision Corporation (NASDAQ:TPCS) received a notice from Nasdaq on February 26, 2024, for not complying with the Nasdaq Listing Rule 5250(c)(1) due to the late filing of its Q3 Form 10-Q. The company was given 60 days to submit a compliance plan but expects to cure the deficiency by filing the Q3 Form 10-Q today.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 9:07 pm

AVGO

IVV

NVDA

SPY

TSLA

VOO

The U.S. stock market's bull run continues, with the S&P 500 and Nasdaq 100 hitting record highs. The SPDR S&P 500 ETF Trust (SPY) surpassed $500 billion in assets, making it the world's largest ETF. Nvidia Corp (NVDA) reached a $2 trillion market cap, and Broadcom Inc. (AVGO) overtook Tesla Inc. (TSLA) in value. Other ETFs like iShares Core S&P 500 ETF (IVV) and Vanguard S&P 500 ETF (VOO) also saw significant assets under management.

Portfolio Pulse from Piero Cingari

March 01, 2024 | 9:05 pm

IOVA

Iovance Biotherapeutics' stock price increased following Wells Fargo's decision to maintain an Overweight rating and raise its price target from $22 to $25.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 8:56 pm

JAKK

Jakks Pacific shares are trading lower following the announcement of Q4 financial results that did not meet expectations.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 8:52 pm