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SPRC

SciSparc shares have seen an increase in trading activity following the announcement of positive results for MitoCareX Bio using its drug discovery platform.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:49 pm

CCCC

SPRC

STTK

Shattuck Labs (STTK) reported positive initial topline data from a Phase 1 clinical trial of SL-172154, leading to a 246% surge in its stock. SciSparc (SPRC) announced that MitoCareX Bio met its second milestone in a joint venture, resulting in a 73% stock increase. C4 Therapeutics (CCCC) was upgraded to Buy by Stifel with a new price target of $12, causing a 46% rise in its share price.

Portfolio Pulse from ryanfaloona@benzinga.com

December 13, 2023 | 1:46 pm

RSLS

ReShape Lifesciences Inc. (RSLS) stock is trading higher following the announcement that the company has received FDA PMA supplement approval for its next-generation Lap-Band 2.0 FLEX.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:46 pm

STTK

Shattuck Labs' stock price has increased following the announcement of positive initial topline dose-expansion data from its Phase 1A/B clinical trial of SL-172154, used in combination with AZA to treat HR-MDS and TP53m AML patients.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:45 pm

ADC

Exane BNP Paribas analyst Nate Crossett downgraded Agree Realty (NYSE:ADC) from Outperform to Neutral and set a price target of $64.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:45 pm

NTST

Exane BNP Paribas analyst Nate Crossett downgraded Netstreit (NYSE:NTST) from Outperform to Neutral and set a price target of $17. This change in rating may influence the company's stock performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:43 pm

BFH

Morgan Stanley analyst Betsy Graseck downgraded Bread Finl Hldgs (NYSE:BFH) from Equal-Weight to Underweight and set a price target of $25.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:42 pm

VINO

Gaucho Group Holdings, Inc. (NASDAQ:VINO) has hired The Basile Law Firm P.C. to investigate its stock performance and potential securities violations due to illegal naked stock sales. Mark R. Basile, Esq., with a history of litigation on behalf of public companies, will lead the investigation. CEO Scott Mathis aims to uncover any illegal short selling activities affecting the company's stock, which has experienced erratic trading days.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:40 pm

SNAX

Stryve Foods has announced a strategic partnership with Acosta Group aimed at increasing market share, expanding distribution channels, and enhancing brand visibility. This collaboration is anticipated to yield positive results for both parties involved.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 1:40 pm

ABNB

Airbnb Inc (NASDAQ:ABNB) shares are trading higher after the company reached a settlement with the Italian Revenue Agency. The settlement resolves a dispute over a 779 million euro tax assessment from Airbnb Ireland, with Airbnb agreeing to pay 576 million euros. The agreement covers withholding on host income tax obligations for audited periods. Airbnb does not plan to recover any tax withholdings from hosts and seeks information on hosts' taxes paid for 2022 and 2023.

Portfolio Pulse from Adam Eckert

December 13, 2023 | 1:39 pm