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CRNX

Crinetics Pharmaceuticals Inc has filed with the SEC for the resale of up to 8.33 million shares by the selling stockholders. This move could potentially increase the stock's liquidity but may also dilute current shareholders' value.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 8:43 pm

CXW

GEO

The U.S. Supreme Court upheld Texas' border enforcement law, SB 4, allowing state and local law enforcement to arrest individuals suspected of illegal border crossings. This decision has sparked significant debate and criticism, particularly concerning federal immigration control and constitutional principles. Following the ruling, prison stocks CoreCivic Inc. (CXW) and Geo Group Inc. (GEO) saw a temporary increase in their stock prices.

Portfolio Pulse from Piero Cingari

March 19, 2024 | 8:40 pm

BTBT

Bit Digital has filed FormRW with the SEC, requesting the withdrawal of its previously filed registration statement on Form F-3 from February 1, 2022. This withdrawal affects an aggregate of 20,010,813 shares that were under the registration.

Portfolio Pulse from Happy Mohamed

March 19, 2024 | 8:39 pm

RJF

Raymond James Financial (NYSE:RJF) announced leadership changes including CFO Paul Shoukry's appointment as president, set to become CEO in fiscal 2025. Current CEO Paul Reilly will transition to executive chair. The company also announced the retirement of COO Jeff Dowdle and subsequent leadership appointments effective October 1, 2024. These changes are part of Raymond James' succession planning, aiming to maintain its growth, financial stability, and client-focused approach.

Portfolio Pulse from Happy Mohamed

March 19, 2024 | 8:37 pm

OBLG

Oblong Inc. (NASDAQ:OBLG) reported a significant decrease in sales for Q4, with revenues falling to $944.00 thousand from $1.43 million in the same quarter last year, marking a 33.80% decline.

Portfolio Pulse from Happy Mohamed

March 19, 2024 | 8:35 pm

TSHA

Taysha Gene Therapies (NASDAQ:TSHA) reported Q4 earnings with an EPS of $0.92, beating estimates by 936% and showing a revenue increase of $1.10 million from the previous year. Despite past earnings misses, the company's share price increased by 26% following the last quarterly report.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 8:35 pm

SBUX

Over the past 20 years, Starbucks (NASDAQ:SBUX) has produced an average annual return of 12.17%, outperforming the market by 4.19% annually. A $100 investment in SBUX 20 years ago would now be worth $982.46. Starbucks currently has a market capitalization of $103.70 billion.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 8:31 pm

TSHA

Taysha Gene Therapies shares surged following the announcement of an increase in their FY23 EPS results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 8:25 pm

PGEN

Precigen (NASDAQ:PGEN) reported Q4 earnings with an EPS of $-0.13, missing estimates by -62.0% against an expected $-0.08. Revenue decreased by $535 thousand compared to the same period last year. The company's past earnings performance shows a pattern of missing EPS estimates, which previously led to a 13.0% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

March 19, 2024 | 8:25 pm

SHOT

Safety Shot, symbol SHOT, experienced a significant increase in its share price following a legal victory against Capybara Research and Igor Appelboom. The lawsuit's win is likely to positively impact investor sentiment and the company's reputation.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 8:22 pm