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CANF

Can Fite Biofarma (AMEX:CANF) reported Q3 earnings with an EPS of $0.0, missing estimates by 100% compared to the expected $-0.44. Revenue decreased by $8 thousand from the same period last year. Previously, the company beat EPS estimates by $0.42 but experienced a 2.38% share price drop the following day.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:10 pm

CHS

Chico's FAS (NYSE:CHS) reported Q3 earnings with an EPS of $0.11, beating estimates by 22.22% but with a revenue decline of $13.21 million from the same period last year. The company had previously beaten EPS estimates last quarter but experienced a 2.12% share price drop the following day.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:10 pm

BRFS

BUD

KHC

TGT

Four consumer staples stocks are considered overbought based on their Relative Strength Index (RSI) values, which may concern momentum-focused investors. Anheuser-Busch InBev SA/NV (BUD) reported Q3 sales growth but missed estimates, with a RSI of 74.03. Kraft Heinz Company (KHC) announced a $3 billion share repurchase program, with a RSI of 72.09. Target Corporation (TGT) posted better-than-expected Q3 results, with a RSI of 72.90. BRF S.A. (BRFS) reported a Q3 loss, with a RSI of 74.07. All stocks have seen recent price increases but experienced slight declines or modest gains on the last trading day reported.

Portfolio Pulse from Lisa Levin

November 30, 2023 | 1:09 pm

DOOO

BRP Inc. (NASDAQ:DOOO) has received approval from the Toronto Stock Exchange to renew its normal course issuer bid (NCIB), allowing the company to repurchase up to 3,231,999 subordinate voting shares, about 10% of the public float, from December 5, 2023, to December 4, 2024. The repurchases will be made through the TSX or alternative Canadian trading systems and may include open market transactions, pre-arranged crosses, exempt offers, and private agreements. Daily purchases are capped at 25% of the average daily trading volume, with additional block purchases allowed weekly. The APP with a designated broker will enable share purchases during blackout periods. In the previous NCIB, BRP repurchased 3,519,398 shares at an average price of $104.31.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:09 pm

CENN

Cenntro Electric Group has announced the postponement of its 1-for-10 reverse stock split. The company indicated that it has no reason to believe it will meet the previously set deadline of December 18 for the reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:08 pm

ACI

KR

Kroger Co has suspended its stock buyback program to focus on reducing debt in light of its planned merger with Albertsons. This strategic move indicates Kroger's commitment to maintaining financial stability and addressing potential regulatory concerns regarding the merger.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:07 pm

BNRG

Brenmiller Energy Ltd. (BNRG) announced a 1-for-10 reverse share split to be implemented after market close on December 1, 2023. Shares will trade on a post-split basis from December 4, 2023. Shareholders approved the split and an increase of share capital by 100,000,000 shares, with a post-split total of 15,000,000 shares. No fractional shares will be issued, with rounding to the nearest whole share.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:07 pm

AERT

Aeries Technology (NASDAQ:AERT) reported a 37.50% increase in Q2 sales to $17.60 million, up from $12.80 million in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:06 pm

AREN

ASST

CAUD

CSSE

LIZI

MSGM

NCTY

SKLZ

SLE

TV

VSME

WB

In Thursday's pre-market session, several communication services stocks experienced significant movements. Arena Group Holdings (AREN) led the gainers with an 11.8% increase, while Lizhi (LIZI) saw the largest drop among the losers, falling 22.8%. Other notable gainers include Motorsport Games (MSGM), Collective Audience (CAUD), Chicken Soup for the Soul (CSSE), Skillz (SKLZ), and VS Media Holdings (VSME). On the losing side, Grupo Televisa (TV), Asset Entities (ASST), Weibo (WB), The9 (NCTY), and Super League Enterprise (SLE) also saw declines.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:06 pm

AMPE

IMGN

RDHL

VVOS

In Thursday's pre-market session, several healthcare stocks experienced significant movements. Immunogen (IMGN) saw an 83.0% increase to $29.39 with a market cap of $7.8 billion. Ampio Pharmaceuticals (AMPE) rose by 65.82% to $3.25, Aditxt (ADTX) by 65.71% to $5.8, Soligenix (SNGX) by 40.27% to $0.58, Sutro Biopharma (STRO) by 19.04% to $2.75, and China SXT Pharmaceuticals (SXTC) by 14.99% to $2.07. Conversely, Vivos Therapeutics (VVOS) dropped by 35.6% to $26.4, Redhill Biopharma (RDHL) by 26.39% to $2.12, Conduit Pharmaceuticals (CDT) by 15.3% to $4.32, ProSomnus (OSA) by 14.89% to $0.8, Alzamend Neuro (ALZN) by 14.26% to $1.0, and Pasithea Therapeutics (KTTA) by 13.79% to $0.31.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:06 pm