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RNST

Renasant shares are trading lower after the company announced the pricing of a $200 million offering of 6.25 million shares at $32 per share.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:27 pm

TRUFF

Red Light Holland Corp. (OTCQB:TRUFF) reported a 20.3% YoY revenue growth for FY 2024, reaching CA$4.7 million. Despite a net loss of CA$7.71 million, the company remains focused on long-term profitability and advocacy for psilocybin access. Shares closed 2.78% lower at $0.035.

Portfolio Pulse from Nina Zdinjak

July 30, 2024 | 12:25 pm

SAVA

Cassava Sciences (NASDAQ:SAVA) announced an extension of its open-label extension trials for simufilam in Alzheimer's disease by up to 36 months. This allows participants to continue treatment pending the results of ongoing Phase 3 trials. The company will also add cognition and plasma biomarker monitoring to gather additional long-term data.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:19 pm

FBMS

RNST

First Bancshares (FBMS) shares are trading higher following the announcement that Renasant Corporation will acquire the company in an all-stock transaction valued at $1.2 billion.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:18 pm

NKGN

NKGen Biotech presented new data on their SNK01 product at the 2024 AAIC, showing it can reduce α-synuclein levels in Alzheimer's patients' CSF and improve cognitive function. This is significant as increased α-synuclein is linked to worse cognitive performance and is not targeted by current treatments.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:17 pm

HEES

H&E Equipment Services shares are trading lower after the company reported worse-than-expected Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:14 pm

BURU

NUBURU, Inc. announced that it has resolved its listing deficiency with NYSE American and will resume trading on August 2, 2024, under the symbol 'BURU'.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:13 pm

JBLU

JetBlue Airways Corporation (NASDAQ:JBLU) reported better-than-expected Q2 2024 earnings, with an adjusted EPS of $0.08 and operating revenue of $2.428 billion. The company unveiled its JetForward strategy, targeting $800M-$900M incremental EBIT by 2027. Despite a decline in operating margin and revenue, JBLU shares rose 4.22% premarket.

Portfolio Pulse from Akanksha Bakshi

July 30, 2024 | 12:13 pm

ATNF

180 Life Sciences Corp. (NASDAQ:ATNF) announced positive topline results from a clinical pharmacology study comparing two solid formulations of CBD with the FDA-approved drug Epidiolex. The study found that one of the solid forms was absorbed faster and exhibited higher maximal levels compared to Epidiolex.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:11 pm

GPK

Graphic Packaging Holding shares are trading lower after the company reported mixed Q2 financial results.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 12:11 pm