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Stock Prices

DAL

Delta Air Lines' stock is trading higher as the company has reaffirmed its guidance for both the fourth quarter and the full year of 2023, indicating confidence in its financial outlook.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 4:24 pm

ALT

JNJ

LLY

NVO

PFE

RHHBY

Johnson & Johnson's CEO Joaquin Duato stated that the company is not planning to enter the weight-loss drug market due to existing competition, focusing instead on expanding in neurology and oncology. Eli Lilly, Novo Nordisk, and Roche Holdings are already significant players in the obesity treatment market. Roche recently acquired Carmot Therapeutics for $2.7 billion. Altimmune's stock rose after Phase 2 obesity trial results, while Pfizer's fell due to high discontinuation rates in a trial. JNJ shares dropped 1.11% recently.

Portfolio Pulse from Vandana Singh

December 06, 2023 | 4:23 pm

ODFL

Old Dominion Freight Line's stock is trading lower following the announcement of a year-over-year decline in their November revenues per day.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 4:22 pm

SSNT

SilverSun Technologies Inc (NASDAQ:SSNT) shares dropped 13.8% to $8.49 after a recent surge due to a $1 billion investment from Jacobs Private Equity II. Jacobs will become CEO and major shareholder, planning to split the business and pursue acquisitions in a new industry, alongside a rebranding effort. The company's 52-week range is $2.67 to $7.14.

Portfolio Pulse from Henry Khederian

December 06, 2023 | 4:22 pm

POWL

Powell Industries' stock price is trading lower following the release of their fourth-quarter financial results.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 4:21 pm

SIG

Wells Fargo analyst Ike Boruchow has maintained an Overweight rating on Signet Jewelers (NYSE:SIG) and increased the price target from $100 to $110.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 4:21 pm

STBX

Starbox Group Holdings Ltd (NASDAQ:STBX) stock plummeted by 51% to $0.10, hitting a new all-time low without any company-specific news. The decline follows a recent notification from Nasdaq about non-compliance with the minimum share price requirement for continued listing. STBX has 180 days to maintain a closing bid price of at least $1.00 for ten consecutive business days to avoid delisting. The company may consider a reverse share split to meet this requirement. STBX's 52-week range is $0.097 to $4.46.

Portfolio Pulse from Henry Khederian

December 06, 2023 | 4:20 pm

BETS

Bit Brother Ltd (NASDAQ:BETS) shares surged 16.7% to $0.039 after announcing a registered direct offering to sell $12.0 million worth of shares and warrants. The offering includes 184,615,385 Class A ordinary shares at $0.065 per share with associated Class D and E warrants. Class D warrants are exercisable at $0.06 and Class E at $0.13. The company also plans a reverse split to avoid delisting and has secured a Certificate of Occupancy for a cryptocurrency mining farm in Texas, aiming to start operations by early 2024 with a target of 12 Bitcoin per month.

Portfolio Pulse from Henry Khederian

December 06, 2023 | 4:18 pm

EIS

USO

Yemen's Houthi rebels have launched several ballistic missiles towards Eilat, Israel, according to a statement cited by Reuters. The geopolitical tensions in the region could potentially affect oil prices and market stability.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 4:17 pm

CAR

Avis Budget Group Inc (NASDAQ:CAR) stock is on the rise after the company announced a special cash dividend of $10 per share, payable on December 21 to shareholders of record as of December 15. Additionally, Avis has bought back approximately 1.3 million shares in Q4 and plans to continue its share repurchase program, with around $820 million remaining. The stock was up 8.62% at $199.82 at the time of reporting.

Portfolio Pulse from Adam Eckert

December 06, 2023 | 4:15 pm