Streetbeat News

Stock Prices

CNM

Core & Main, a specialized distributor of water, wastewater, storm drainage and fire protection products, has been added to the S&P MidCap 400 Index. This inclusion could potentially increase the visibility of Core & Main among institutional investors and could lead to increased demand for the stock.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:18 pm

ALUR

Allurion Technologies (NYSE:ALUR) reported a slight increase in its Q3 losses to $(0.54) per share compared to $(0.53) per share in the same quarter last year. However, the company's sales rose to $18.20 million, marking a 13.30% increase from $16.06 million in the previous year's quarter.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:16 pm

PANW

Palo Alto Networks (NASDAQ:PANW) has released Cortex XSIAM 2.0, an AI-driven security operations platform with a new bring-your-own machine learning (BYOML) framework. This allows customers to integrate their own ML models for unique use cases. The platform, which ingests over 5 petabytes of security data daily, also features a Command Center for improved incident monitoring and a MITRE ATT&CK Coverage Dashboard for assessing defense capabilities. XSIAM has led to significant improvements in incident resolution for companies like an oil and gas company, Boyne Resorts, and Imagination Technologies. The platform is now globally available.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:15 pm

CCAP

Wells Fargo analyst Finian O'Shea has downgraded Crescent Capital BDC (CCAP) from Overweight to Equal-Weight and reduced the price target from $16.5 to $16.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:14 pm

ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) has started shipping its most powerful microinverters, the IQ8P, in Brazil, designed to support high-powered solar modules with a peak output of 480 W. The launch follows the introduction of the Solargraf platform in Brazil, aiding solar installers in the sales and installation process. The IQ8P Microinverters can handle a continuous DC current of 14 Amperes and pair with solar modules up to 670 W DC. They come with a 25-year limited warranty and integrate with the Enphase Energy System and IQ Gateway for easy monitoring and updates via the Enphase App.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:13 pm

VNOM

Viper Energy has filed a prospectus with the SEC for the proposed resale of up to 9 million shares of Class A common stock by selling stockholders. This filing indicates that current shareholders may be looking to sell a significant number of shares.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:09 pm

RVSN

Rail Vision Ltd. has announced a 1-for-8 reverse stock split effective Wednesday, November 15, 2023. Post-split, the company will have approximately 3.0 million shares issued and outstanding with an adjusted authorized share capital of 12.5 million shares. The reverse split will also proportionately adjust the exercise price and number of shares available under outstanding warrants and options.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:08 pm

PLUG

Plug Power Inc (NASDAQ:PLUG) shares dropped approximately 2% in Monday's pre-market sessions, following a 40% decline on Friday after the company reported Q3 financial results that were below expectations. The company issued a going concern warning due to a $3.8 billion deficit, negative cash flows, and projected operating losses. The poor financial performance was attributed to supply challenges in the North American hydrogen network, with net revenue of $198.71 million and a net loss of 47 cents per share. Concerns about the company's ability to continue operations over the next 12 months have been raised.

Portfolio Pulse from Henry Khederian

November 13, 2023 | 1:07 pm

DOGZ

FFIE

FRSX

FUV

GENI

JOAN

PRPL

In Monday's pre-market session, several consumer discretionary stocks showed significant movement. Dogness (DOGZ) rose 18.8%, Faraday Future (FFIE) increased by 12.48% following their Q3 earnings release, and JOANN (JOAN) went up by 11.74%. Other gainers included Arcimoto (FUV), Purple Innovation (PRPL), and Foresight Autonomous (FRSX). On the losing side, Genius Sports (GENI) dropped by 9.3% after their Q3 earnings report, with other decliners being Jianzhi Education Tech (JZ), REE Automotive (REE), Yoshitsu Co (TKLF), Cenntro Electric Gr (CENN), and Zapp Electric Vehicles (ZAPP).

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:06 pm

ACRS

SNES

TCBP

TIVC

VERV

In Monday's pre-market session, several healthcare stocks showed significant movement. Tivic Health Systems (TIVC) saw a 116.8% increase, while SenesTech (SNES) rose by 65.78%. ZyVersa Therapeutics (ZVSA) and Cingulate (CING) also experienced gains. On the downside, TC BioPharm (TCBP) dropped by 89.2%, Aclaris Therapeutics (ACRS) fell by 85.6%, and Verve Therapeutics (VERV) declined by 31.53%. Other stocks such as TRACON Pharma (TCON), Monopar Therapeutics (MNPR), and Singular Genomics Systems (OMIC) also saw decreases. Earnings reports seem to be a driving factor for many of these movements.

Portfolio Pulse from Benzinga Insights

November 13, 2023 | 1:06 pm