Streetbeat News

Stock Prices

WB

Weibo's stock is trading lower following a downgrade by Goldman Sachs from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:15 am

CIA

DERM

RVP

Insiders at Retractable Technologies, Citizens, and Journey Medical have recently made significant stock purchases. These transactions indicate insider confidence in these companies, despite Retractable Technologies reporting a loss for the first nine months of 2023. Citizens recently appointed a new President, and Journey Medical reported a profit for the fourth quarter.

Portfolio Pulse from Avi Kapoor

March 28, 2024 | 11:14 am

ATLX

Atlas Lithium's stock price increased following the announcement of a $30 million investment and offtake agreement with Mitsui & Co.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:14 am

MU

NVDA

TSM

Piper Sandler, anticipating a 5% to 10% correction in the S&P 500 due to inflated valuations and decelerating momentum, has removed Nvidia Corp. (NASDAQ:NVDA) from its model portfolio. The investment bank cited concerns over Nvidia's escalating costs despite its strong position in the AI sector. Instead, Piper Sandler has added Micron Technology Inc. (NASDAQ:MU) and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) to its portfolio, reducing equity exposure from 98% to 90% and allocating 10% to cash.

Portfolio Pulse from Benzinga Neuro

March 28, 2024 | 11:14 am

ATAI

ATAI Life Sciences (NASDAQ:ATAI) reported Q4 earnings with EPS of $(0.12), beating the $(0.16) estimate, but missed sales estimates with $18.00K versus the expected $190.00K. This represents a 57.14% increase in EPS and a 52.63% decrease in sales from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:14 am

XERS

Xeris Biopharma Holdings' stock price increased following Oppenheimer's initiation of coverage with an Outperform rating and a price target of $5.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:12 am

WBA

Walgreens Boots Alliance (WBA) shares increased following the announcement of Q2 FY24 earnings surpassing expectations and an update to FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:10 am

ARKO

ARKO Corp. has successfully renegotiated the deferred payment terms for its acquisition of Transit Energy Group, enhancing stockholder value.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:08 am

MLKN

MillerKnoll reported mixed Q3 financial results and provided Q4 guidance for adjusted EPS and revenue that fell below analyst estimates, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:06 am

MLKN

The correct ticker symbol for MillerKnoll is 'MLKN', not 'MLNK' as may have been previously reported.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 11:06 am