Streetbeat News

Stock Prices

EYPT

EyePoint Pharmaceuticals' stock is up following the announcement that its Phase 2 DAVIO 2 trial of EYP-1901 for wet AMD met all primary and secondary endpoints.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:05 pm

UCAR

U Power Limited (NASDAQ:UCAR), an EV battery power solution provider in China, has announced the pricing of a follow-on offering of 10 million units at $1.20 each. The offering includes ordinary shares and Series A and B warrants exercisable at $1.20 and $1.54 respectively, expiring in five years. The expected closing date is December 6, 2023, with anticipated gross proceeds of $12 million, to be used for M&A of battery swapping companies, working capital, and general corporate purposes. Univest Securities, LLC is the placement agent, with Hunter Taubman Fischer & Li LLC and Ortoli Rosenstadt LLP as U.S. securities and counsel respectively.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:04 pm

RIOT

Riot Platforms, Inc. (RIOT) has executed a purchase option with MicroBT to acquire 66,560 latest generation Bitcoin miners, totaling 18 EH/s, for $290.5 million. This order includes the M66S model and adds to a previous order of 33,280 miners. Deliveries will start in Q1 2024 and continue through H2 2025, with Riot's self-mining hash rate capacity expected to exceed 38 EH/s. Riot also secured options to purchase up to 265,000 additional miners, potentially increasing capacity to over 100 EH/s. The agreement provides a fixed price ceiling, aiding in future capital planning and market price protection.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:03 pm

SYTA

Siyata Mobile Inc. shares have resumed trading after a temporary halt. The resumption of trading allows investors to buy and sell SYTA shares again.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:02 pm

BNRG

Brenmiller Energy shares have resumed trading. There is no additional context provided regarding the reason for the halt or the implications of the resumption.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:02 pm

MCOM

Trading of Micromobility.Com shares has resumed after being temporarily halted. There are no additional details provided in the article regarding the reason for the halt or the implications for the company's future performance.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:02 pm

GNRC

WBX

Wallbox shares have seen an increase in trading activity following the announcement that Generac has made a minority investment in the company.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:02 pm

DSGX

Descartes Systems Gr (NASDAQ:DSGX) is scheduled to release its quarterly earnings report on Tuesday, 2023-12-05, with analysts expecting an EPS of $0.34. Investors are looking for an earnings beat and positive guidance for future growth. The company's past earnings performance shows a mix of beats and misses with corresponding stock price reactions. Shares are currently trading at $82.34, up 23.28% over the last 52 weeks.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 2:01 pm

SYTA

Siyata Mobile Inc. (NASDAQ:SYTA) announced a 1-for-7 reverse stock split effective December 4, 2023, to comply with Nasdaq's $1.00 minimum bid price requirement. The stock will trade under the same symbol 'SYTA' with a new CUSIP number. The reverse split will adjust outstanding stock options, warrants, and other convertible securities. No fractional shares will be issued; they will be rounded up to the next whole number. Computershare will act as the exchange agent, and no action is required for shareholders holding shares electronically or through a broker.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 2:01 pm

TOL

Toll Brothers (NYSE:TOL) is expected to release its quarterly earnings report on Tuesday, 2023-12-05, with an estimated EPS of $3.71. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Toll Brothers has surpassed EPS estimates, resulting in share price increases the following day. The company's past earnings performance shows a consistent pattern of beating EPS estimates and positive share price reactions.

Portfolio Pulse from Benzinga Insights

December 04, 2023 | 2:01 pm