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Stock Prices

HYMC

Hycroft Mining Holding Corporation (NASDAQ:HYMC), also known as Hycroft, has received notification from Nasdaq that it now complies with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. As a result, Hycroft's common stock will maintain its listing status, meeting all applicable listing standards.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:12 pm

STLA

Stellantis CEO announced plans to launch the company's first electric hydrogen heavy-duty pickup truck under the Ram brand in the U.S. by late 2026 or early 2027.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:09 pm

DBI

GIII

JOAN

ZAPP

In Tuesday's pre-market session, several consumer discretionary stocks showed significant movement. Zapp Electric Vehicles (ZAPP) saw a 16.7% increase, while G-III Apparel Group (GIII) rose by 11.59% following their Q3 earnings release. Harbor Custom Dev (HCDI), Culp (CULP), and J.Jill (JILL) also experienced gains after their earnings reports. Conversely, Designer Brands (DBI) dropped by 32.1%, JOANN (JOAN) by 18.54%, and other companies like Fenbo Holdings (FEBO), Jeffs Brands (JFBR), Singing Machine Co (MICS), and MINISO Group Holding (MNSO) saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 1:08 pm

ADN

BKSY

BTM

HSHP

HYZN

MESA

NCNC

NOTE

NXU

RMCO

SIDU

In Tuesday's pre-market session, several industrial stocks showed significant movement. Gainers included Nxu, Royalty Management Hldgs, Advent Technologies Hldgs, Sidus Space, Bitcoin Depot, and OceanPal, with increases ranging from 5.62% to 20.7%. Conversely, Mesa Air Gr, Himalaya Shipping, FiscalNote Holdings, BlackSky Technology, Hyzon Motors, and noco-noco experienced declines between 5.54% and 9.1%.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 1:07 pm

ARBK

AUUD

DAKT

GTLB

HTCR

NOK

ONDS

SNCR

SSNT

UUU

WISA

ZFOX

In Tuesday's pre-market session, several IT stocks showed significant movement. HeartCore Enterprises (HTCR), Universal Security (UUU), Synchronoss Technologies (SNCR), GitLab (GTLB), Auddia (AUUD), and ZeroFox Holdings (ZFOX) experienced gains, with GitLab and ZeroFox releasing Q3 earnings. Conversely, Daktronics (DAKT), Argo Blockchain (ARBK), SilverSun Technologies (SSNT), WiSA Technologies (WISA), Ondas Holdings (ONDS), and Nokia (NOK) saw their stock prices fall, with Daktronics reporting Q2 earnings.

Portfolio Pulse from Benzinga Insights

December 05, 2023 | 1:07 pm

SPY

WFC

Wells Fargo CEO has expressed that the base case scenario for the economy is a soft landing, suggesting a cautious but not pessimistic outlook. This indicates that the bank anticipates a slowdown in economic growth without a full-blown recession, which could have implications for the financial sector and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:04 pm

CZOO

Cazoo Group Ltd (NYSE:CZOO) announced a 1-for-100 reverse stock split and an increase in authorized share capital, effective December 5, 2023. The Class A Shares will trade on a split-adjusted basis from December 6, 2023, under the new CUSIP number G2007L 121. The reverse stock split was approved by over 97% of shareholders on November 21, 2023. Fractional shares will not be issued; instead, they will be sold on the open market, and shareholders will receive cash payments. The reverse stock split will proportionately adjust outstanding warrants and equity-based awards, and the number of shares issuable upon exercise of warrants will be reduced accordingly. Cazoo also announced the distribution of New Warrants to Class A shareholders on record as of December 7, 2023, with the distribution date around December 14, 2023.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:04 pm

LULU

Raymond James analyst Rick Patel downgraded Lululemon Athletica (LULU) from Strong Buy to Outperform while increasing the price target from $440 to $495.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:03 pm

IBIO

iBio, Inc. has announced the pricing of a public offering expected to raise $4.5 million through the sale of 2,250,000 shares and accompanying warrants. The offering includes Series C and D warrants exercisable at $2.00 per share, expiring in two and five years respectively. The closing is anticipated on December 7, 2023, with proceeds aimed at working capital, R&D, trial preparation, employee payments, and potential investments or acquisitions. A.G.P./Alliance Global Partners and Brookline Capital Markets are the placement agents for the offering.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:03 pm

SPOT

Morgan Stanley analyst Manan Gosalia has maintained an Overweight rating on Spotify Technology (NYSE:SPOT) and increased the price target from $200 to $230.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 1:02 pm