Streetbeat News

Stock Prices

ALPP

Alpine 4 Holdings received a notice from Nasdaq for not filing its 2023 Annual Report on Form 10-K in a timely manner, violating Nasdaq Listing Rule 5250(c)(1). The company had previously been granted an exception to file its delinquent Form 10-Q by May 13, 2024, but now faces additional delinquency. Alpine 4 Holdings plans to file both the Form 10-Q and the 2023 10-K as soon as possible and will submit a plan to regain compliance. There's no guarantee that Nasdaq will accept the plan or that the filings will be made by a specific date. Despite this, ALPP's stock will continue to be listed and traded on The Nasdaq Capital Market, pending compliance.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 8:03 pm

ARM

ASML

FTQI

IRBO

NVDA

SMCI

TSM

Arm Holdings Plc (NASDAQ:ARM) shares dropped after Exane BNP Paribas downgraded the stock from Outperform to Neutral with a $100 price target. The semiconductor sector is under pressure, with poor earnings from ASML Holdings N.V. (NASDAQ:ASML) and a reduced outlook from Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM). Nvidia Corporation (NASDAQ:NVDA) and Super Micro Computer, Inc. (NASDAQ:SMCI) also saw significant declines. Investors can access Arm through ETFs like FTQI and IRBO.

Portfolio Pulse from Erica Kollmann

April 19, 2024 | 8:02 pm

CNET

ZW Data Action Technologies Inc. (CNET) received a Nasdaq non-compliance notice for not filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, on time. The company has until June 17, 2024, to file the report or submit a compliance plan to Nasdaq. If accepted, Nasdaq may grant up to October 14, 2024, for compliance. Failure to comply may result in delisting. CNET aims to file the report by May 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 8:00 pm

AMZN

Amazon.com's senior vice president of advertising products and tech, Colleen Aubrey, is stepping aside for a new, yet undisclosed role within the company. Aubrey, a key member of Amazon's 'S-team' advising CEO Andy Jassy, has contributed to the company's advertising sales growth, which saw a 24% increase to $47 billion in 2023 from $38 billion in 2022. The company has also expanded its advertising reach by including ads in its Prime Video service. Details about Aubrey's successor or the reasons for the change have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:59 pm

CTRI

Centuri's shares are trading higher after its IPO on Thursday, indicating a positive market reception.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:56 pm

IART

Integra LifeSciences announced the rescheduling of its Q1 financial results conference call, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:56 pm

CMP

NEM

USAU

U.S. Gold (NASDAQ:USAU) closed a $4.9M offering, aiming to boost its CK project in Wyoming. Compass Minerals (NYSE:CMP) faces an investigation by Glancy Prongay & Murray LLP due to potential federal securities law violations after a 17.1% stock drop, linked to the U.S. Forest Service's decision against using its fire retardants. Newmont (NYSE:NEM) appointed Francois Hardy as CTO, enhancing its executive leadership. Analysts have updated Alcoa's (NYSE:AA) ratings and price targets following its Q1 earnings, with mixed views on its stock value.

Portfolio Pulse from austin@walkonholdings.com

April 19, 2024 | 7:51 pm

SNAP

Snap Inc. shares are experiencing an uptick despite a general downturn in the tech sector. This increase is attributed to reports indicating Snap's support for legislation aimed at regulating TikTok.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 7:50 pm

BLK

Recent options trading activity indicates a bearish stance on BlackRock (NYSE:BLK), with 66% of trades being bearish. The trading range target is between $700 and $770. BlackRock, the world's largest asset manager with $10.008 trillion in AUM, has seen its stock price slightly increase by 0.22% to $748.93. Analyst ratings vary, with a consensus target price of $893, suggesting a bullish outlook from the market experts despite the bearish options sentiment.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:46 pm

SYK

Stryker (NYSE:SYK) has seen significant options trading activity, with a bearish sentiment prevailing among traders. Analysis of recent trades revealed 75% bearish and 25% bullish positions, with notable activity in puts over calls. The options market is indicating a price target range of $320.0 to $340.0 for Stryker. Despite this, analysts remain positive on SYK, with an average price target of $390.5 from four professional analysts. The current market status shows SYK's price at $325.58, with indicators suggesting it may be oversold. Earnings are expected in 11 days.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 7:46 pm