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SEEL

Seelos Therapeutics Inc (NASDAQ:SEEL) reported that its Phase 2/3 HEALEY ALS Platform trial of SLS-005 did not meet the primary and secondary endpoints in the Full Analysis Set. However, a pre-specified subgroup showed a potential signal of efficacy. Despite these findings, SEEL shares plunged to a 52-week low, down 54.2% at $0.42. Amylyx Pharmaceuticals Inc (NASDAQ:AMLX) was mentioned in relation to the study's subgroup analysis.

Portfolio Pulse from Vandana Singh

March 19, 2024 | 1:38 pm

NVDA

NVIDIA shares are trading lower following the company's Monday GCT announcements, indicating investor concerns or disappointment with the news.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 1:37 pm

PIXY

ShiftPixy shares were halted due to a circuit breaker trigger as the stock experienced a significant drop, now standing at a -16% decrease. This sudden movement in stock price indicates a volatile trading session for ShiftPixy.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 1:36 pm

JWN

Trading of Nordstrom (JWN) shares has resumed after a temporary halt. This development is crucial for investors monitoring the stock's performance.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 1:36 pm

BTCUSD

ETHUSD

STXUSD

WITFUSD

Bitcoin and Ethereum experienced significant losses, trading below $64,000 and $3,300 respectively. The global crypto market cap fell by 7.4% to $2.4 trillion. Stacks was the top gainer, while dogwifhat was the biggest loser among the cryptocurrencies mentioned.

Portfolio Pulse from Avi Kapoor

March 19, 2024 | 1:32 pm

JWN

Nordstrom shares have been temporarily halted pending an announcement. This action typically indicates significant news that could affect the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 1:31 pm

DUOL

JPMorgan analyst Bryan M. Smilek maintains an Overweight rating on Duolingo Inc (NASDAQ:DUOL) with a price target of $270, indicating a 25% upside. Despite concerns over a potential TikTok ban in the U.S., Smilek believes Duolingo's growth will not be affected due to its focus on product innovation and word of mouth for user acquisition. He highlights Duolingo's strong user and paid subscription growth, revenue expansion, and margin improvement, projecting significant growth and scalability for the company.

Portfolio Pulse from Surbhi Jain

March 19, 2024 | 1:29 pm

NVDA

Nvidia introduced the Blackwell GPUs, a revolutionary AI chip that significantly enhances computing power and efficiency, setting new standards in AI technology. With a market capitalization of $2.2 trillion, Nvidia is now the third-largest company globally. The stock has seen significant growth, with anticipation of surpassing the $1000 mark. The Blackwell GPUs, featuring 208 billion transistors, offer exceptional performance in AI model training and inference, marking a significant leap from previous models.

Portfolio Pulse from Zaheer Anwari

March 19, 2024 | 1:26 pm

NVDA

SMCI

Super Micro Computer Inc (NASDAQ:SMCI) shares fell after announcing a proposed public offering of 2 million shares, with an option for underwriters to buy an additional 300,000 shares. This follows a significant rally of over 250% since the year's start, attributed to its AI positioning and the announcement of new AI systems featuring Nvidia Corp's (NASDAQ:NVDA) data center products. Despite the drop, SMCI has outperformed its historical averages with a 724.94% gain year to date. The stock's RSI of 29.98 suggests it is currently oversold.

Portfolio Pulse from Adam Eckert

March 19, 2024 | 1:24 pm

SEEL

Seelos Therapeutics' stock is trading lower following the announcement that its ALS study with SLS-005 failed to meet statistical significance in both primary and secondary endpoints in the Full Analysis Set.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 1:24 pm