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OSA

ProSomnus shares have resumed trading. There is no additional context provided in the article, such as the reason for the halt or any company-specific news that could affect the stock price.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 7:58 pm

OSA

Shares of ProSomnus have been halted due to a circuit breaker triggered by a sharp increase in the stock price, which is now up by 49.1%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 7:56 pm

VVOS

Shares of Vivos Therapeutics were halted due to a circuit breaker after experiencing a significant surge, with the stock price rising by 529.6%.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 7:51 pm

MPW

JP Morgan analyst Michael Lapides has maintained an Underweight rating on Medical Properties Trust (NYSE:MPW) and reduced the price target from $8 to $5.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 7:46 pm

NEE

NextEra Energy Inc. (NYSE:NEE) saw a slight increase in its stock price by 0.24% to $58.30 in the current market session. Despite this, the stock has experienced a decrease of 0.15% over the past month and a significant drop of 31.23% over the past year. The P/E ratio of NextEra Energy is 15.35, which is lower than the Electric Utilities industry average of 22.25. This could indicate that the stock is undervalued or that shareholders expect lower future performance.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 7:45 pm

AAPL

Apple Inc (NASDAQ:AAPL) shares dropped 0.5% despite market gains, amid news of ending its partnership with Goldman Sachs for a digital credit card and savings account product. The termination is planned within 12-15 months, despite a 2022 extension to 2029. Apple is also reportedly working on a more affordable Vision Pro headset, aiming to cut production costs by 50%. Apple's 52-week trading range is between $124.17 and $198.23.

Portfolio Pulse from Henry Khederian

November 29, 2023 | 7:44 pm

TGL

Treasure Global Inc (NASDAQ:TGL) stock plummeted by 50% to $0.10 after announcing a public offering of approximately 26 million shares at $0.10 each, and 14 million pre-funded warrants at $0.0999 each. The offering aims to raise about $4.0 million before expenses, with an additional option for underwriters to purchase up to 6 million shares or warrants. EF Hutton, part of Benchmark Investments, LLC, is managing the offering, which is expected to close on November 30, subject to standard conditions. TGL's 52-week trading range is between $0.10 and $3.18.

Portfolio Pulse from Henry Khederian

November 29, 2023 | 7:41 pm

GM

TSLA

General Motors (NYSE:GM) announced that despite the higher costs from new labor contracts and the UAW strike, it expects to offset these impacts and maintain its financial targets. The strike resulted in a $1.1 billion cost and lost production of 95,000 vehicles. GM revised its net income guidance to $9.1-$9.7 billion, down from $9.3-$10.7 billion, and adjusted EBIT to $11.7-$12.7 billion, down from $12-$14 billion. Capital spending will be at the lower end of the $11-$12 billion range. GM aims to cut fixed costs by $3 billion by the end of next year. Meanwhile, Tesla (NASDAQ:TSLA) is preparing for its Cybertruck event on November 30th, with deliveries starting on Thursday, although pricing and specs are not yet disclosed. Tesla's Cybertruck is expected to contribute to cash flow in a year to a year and a half.

Portfolio Pulse from Upwallstreet

November 29, 2023 | 7:39 pm

PM

JP Morgan analyst Jared Dinges has maintained an Overweight rating on Philip Morris Intl (NYSE:PM) and increased the price target from $110 to $115.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 7:38 pm

UBS

Over the past 5 years, UBS Group AG (NYSE:UBS) has outperformed the market with an average annual return of 15.77%, turning a $100 investment into $200.11 today. UBS Group currently holds a market capitalization of $86.88 billion.

Portfolio Pulse from Benzinga Insights

November 29, 2023 | 7:30 pm