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FRO

Frontline shares have declined following the release of their mixed Q3 financial results, indicating that while some aspects of the report may have met or exceeded expectations, others fell short.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:47 pm

ABBV

IMGN

AbbVie is set to acquire ImmunoGen for $31.26 per share in cash, causing ImmunoGen's stock to trade higher.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:46 pm

C

Citigroup Inc. (NYSE:C) shares rose 0.66% to $46.05, with a monthly increase of 12.81% but a yearly decline of 2.52%. The company's P/E ratio is lower than the Banks industry average, which could suggest undervaluation or lower future performance expectations. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative analysis for investment decisions.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 1:45 pm

SNAP

Snap Inc. shares have risen following an upgrade by Jefferies from Hold to Buy, with an increased price target from $12 to $16.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:42 pm

NTNX

Nutanix stock is up following the release of their Q1 financial results, which exceeded expectations. Additionally, the company has increased its revenue guidance for fiscal year 2024, signaling confidence in its future performance.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:42 pm

PSTG

Pure Storage reported Q3 revenue results that fell short of expectations and provided Q4 and FY24 revenue guidance that was below analyst estimates, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:41 pm

VFS

VinFast Auto's stock price is on the rise following the announcement that the company will present and exhibit its VF 9 Electric Vehicle at the upcoming COP28 UN climate change summit.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:41 pm

TGAN

Transphorm, Inc. (NASDAQ:TGAN) has announced the release of two new reference designs for EV charging applications, specifically targeting the two- and three-wheeled EV market. The 300 W and 600 W battery chargers utilize Transphorm's SuperGaN FETs for efficient AC-to-DC power conversion. These designs are expected to facilitate the production of chargers for the large markets in India and China and can be applied to various other electronics. The reference designs use analog controllers for ease of design and development, and are available for download along with technical documentation.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:38 pm

MMAT

Meta Materials has submitted a request for a hearing to appeal the NASDAQ Staff's delisting determination. The company's common stock will continue to trade on the NASDAQ Capital Market under the symbol 'MMAT' while the hearing process is ongoing, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:37 pm

MMAT

Meta Materials received a letter from Nasdaq on November 27, informing the company that Nasdaq has decided to delist its common stock from the Nasdaq Capital Market, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 1:36 pm