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AUID

authID Inc. (NASDAQ:AUID) announced a registered direct offering of 1,574,990 shares at $6.00 per share, aiming to raise approximately $9.4 million. The proceeds are intended for working capital and general corporate purposes. CEO Rhon Daguro highlighted the company's sales momentum and increased bARR targets for the upcoming years. The offering, showing strong investor confidence, is expected to close on November 22, 2023, with Madison Global Partners, LLC as the sole placement agent.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:09 pm

WKSP

Worksport Ltd. (NASDAQ: WKSP) has announced that its COR battery system has entered the Test Phase, indicating progress towards the anticipated Alpha Release. The system, designed for use in pickup trucks and independently, will undergo extensive testing in various conditions to ensure resilience and durability. The feedback from the Alpha Release will inform further improvements, with the goal of a Mass Market Release of the COR battery system and the SOLIS solar cover.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:09 pm

CHGG

CMP

ELBM

EMR

LPG

PLCE

RYAN

SIX

SKWD

SSRM

Wall Street analysts have updated their price targets and ratings for several companies. Jefferies raised Dorian LPG Ltd.'s target and upgraded the stock, while JP Morgan cut Compass Minerals' target but upgraded the rating. B. Riley Securities downgraded The Children's Place with a lower target. Jefferies upgraded Six Flags Entertainment with a higher target, predicting a 35% rally. UBS downgraded Energizer Holdings with a reduced target. Morgan Stanley downgraded Chegg with a lower target. Raymond James maintained a strong buy on Skyward Specialty Insurance with an increased target. B of A Securities downgraded SSR Mining with a lower target. HC Wainwright maintained a buy on Electra Battery Materials despite a target cut. Goldman Sachs downgraded Ryan Specialty Holdings with a reduced target.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 1:07 pm

ATER

CENN

CHGG

CJET

CURV

GMBL

KAVL

MGOL

NIU

SRM

YOSH

ZAPP

In Monday's pre-market session, several consumer discretionary stocks showed significant movement. Yoshiharu Global (YOSH) saw a 27.1% increase after its Q3 earnings report 4 days ago. Kaival Brands Innovations (KAVL), Cenntro Electric Gr (CENN), Aterian (ATER), Chijet Motor Co (CJET), and Esports Entertainment (GMBL) also experienced gains. On the losing side, MGO Global (MGOL) dropped 12.7% post its Q3 earnings, while Torrid Holdings (CURV), Zapp Electric Vehicles (ZAPP), SRM Entertainment (SRM), Niu Techs (NIU), and Chegg (CHGG) saw declines.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 1:06 pm

CYTO

INBS

KRON

LGMK

MNOV

TCON

VERA

YTEN

In Monday's pre-market session, several healthcare stocks experienced significant movements. Altamira Therapeutics (CYTO) saw a 27.7% increase, while Intelligent Bio Solutions (INBS) dropped 30.0%. Other notable gainers include LogicMark (LGMK), TRACON Pharma (TCON), MediciNova (MNOV), and Kronos Bio (KRON). On the losing side, Yield10 Bioscience (YTEN) and Vera Therapeutics (VERA) saw declines of 22.23% and 12.78%, respectively. The movements are reflective of market reactions to various company-specific news and overall market conditions.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 1:06 pm

AUVI

CAAP

GTEC

SMR

WLGS

In Monday's pre-market session, several industrial stocks showed significant movement. NuScale Power (SMR) saw a 19.6% increase, while WANG & LEE Group (WLGS) experienced a 21.3% decrease. Corporacion America (CAAP) rose by 11.76% following its Q3 earnings report 3 days ago. Greenland Technologies (GTEC) and Applied UV (AUVI) both saw their stocks decline after releasing their Q3 earnings. Other notable movers included Earlyworks Co (ELWS), VCI Global (VCIG), Bitcoin Depot (BTM), ESS Tech (GWH), C3is (CISS), Richtech Robotics (RR), and Smart Powerr (CREG).

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 1:06 pm

CISO

GVP

KERN

OBLG

PHUN

SASI

SVRE

In Monday's pre-market session, several IT stocks experienced significant movements. Saverone 2014 (SVRE) led the gainers with a 26.5% increase, while CISO Global (CISO) led the losers with an 8.7% decrease. Other notable gainers include Oblong (OBLG), GSE Systems (GVP), Sigma Additive Solutions (SASI), Akerna (KERN), and Phunware (PHUN). On the losing side were SEALSQ (LAES), Aware (AWRE), WaveDancer (WAVD), BIO-key Intl (BKYI), and Peraso (PRSO). The movements were attributed to various factors, including recent Q3 earnings releases.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 1:06 pm

IMCR

JP Morgan analyst Jessica Fye has reinstated Immunocore Holdings (NASDAQ:IMCR) with an Overweight rating and set a price target of $60.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:04 pm

HRYU

Hanryu Holdings (NASDAQ:HRYU) reported a decline in Q3 earnings per share from $(0.03) to $(0.06) year-over-year, and a 4.66% decrease in sales from $748.66K to $713.76K.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:04 pm

TTGT

TechTarget (NASDAQ:TTGT) has received 4 analyst ratings in the last quarter, with an average price target of $33.5, representing an implied upside from the current price of $29.26. The consensus among the analysts is more bullish, with 1 bullish, 2 somewhat bullish, and 1 indifferent rating. The average price target has increased by 4.69% over the past month.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 1:01 pm