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Stock Prices

BNBUSD

BNB (CRYPTO: BNB) has seen a 3.69% increase in price over the last 24 hours, reaching $398.9, continuing a positive trend with a 12.0% gain over the past week from $351.56. The coin's all-time high is $686.31. Trading volume for BNB has increased by 36.0% over the past week, and its circulating supply has decreased by 0.21%, now at 76.93% of its max supply. BNB's current market cap is $61.26 billion, ranking it #4.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:00 pm

MTRS

Metros Development Co., Ltd. (MTRS) is set to IPO on NASDAQ on February 27, with shares priced between $8.00 and $9.00. The company, specializing in identifying and reselling underdeveloped real estate properties, has a 180-day insider lock-up period ending on August 25, 2024.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 3:00 pm

IFBD

Infobird shares have resumed trading. This development is significant for investors and traders who follow the stock.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 2:59 pm

KOS

Kosmos Energy Ltd (NYSE:KOS) reported a Q4 fiscal 2023 revenue of $507.81 million, a 10% decline YoY but above consensus of $477.73 million. Net production increased 12% YoY to 66,000 boepd. Adjusted EPS was $0.31, beating the $0.24 consensus. The company faced production challenges due to decreased water injection at Jubilee, now resolved. With new projects, production is expected to increase. Operating cash flow decreased to $765.17 million from $1.13 billion YoY. KOS expects 2024 production of 71,000 – 77,000 boe per day and capital expenditure of $700 million – $750 million. KOS shares fell 3.1% to $5.78.

Portfolio Pulse from Akanksha Bakshi

February 26, 2024 | 2:58 pm

BOOK

ETSY

MELI

NVDA

PANW

RIVN

Hedge funds are selling off technology stocks, influenced by Nvidia Corp.'s recent earnings announcement and concerns about the sustainability of the sector's momentum. This trend was observed by Goldman Sachs Group Inc.'s prime brokerage, noting a significant sell-off in tech stocks, with Nvidia's trading activity spiking. Analyst Peter Callahan highlighted concerns over future momentum amid macroeconomic shifts and interest rate adjustments. Stocks like Palo Alto Networks Inc., Rivian Automotive Inc., Booking Holdings Inc., MercadoLibre Inc., and Etsy Inc. experienced notable price drops, reflecting market reassessment of tech growth prospects.

Portfolio Pulse from Piero Cingari

February 26, 2024 | 2:53 pm

HOLO

MicroCloud Hologram's shares were halted due to a circuit breaker triggered by a downside movement, despite the stock being up 82.9%.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 2:52 pm

NIO

NIO Inc (NYSE:NIO) shares are trading higher after announcing a technology license agreement with Forseven Limited, a subsidiary of CYVN Holdings. The agreement grants Forseven a worldwide license to use Nio's technical information, software, and intellectual property for smart electric vehicle platforms. Nio will receive upfront technology license fees and royalties on future sales. Nio is expected to report a Q4 loss of 51 cents per share. Despite a 24.14% fall in the past three months, Wall Street views Nio as a Buy.

Portfolio Pulse from Adam Eckert

February 26, 2024 | 2:51 pm

ZVSA

Trading of ZyVersa Therapeutics shares, symbol ZVSA, has resumed. This follows a temporary suspension, details of which were not provided in the article.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 2:51 pm

NGM

Trading of NGM Biopharmaceuticals shares has resumed after a temporary halt.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 2:50 pm

MIST

Milestone Pharmaceuticals Inc (NASDAQ:MIST) stock rose 19.4% to $2.03 after announcing plans to resubmit the NDA for etripamil to the FDA for PSVT treatment. The FDA did not request additional clinical trials, and the company expects to fund operations until mid-2025 with existing cash reserves. A $75 million payment is anticipated under a royalty agreement if etripamil is approved.

Portfolio Pulse from Henry Khederian

February 26, 2024 | 2:50 pm