Streetbeat News

Stock Prices

EVA

Enviva's shares are trading lower, likely due to market volatility following the announcement of voluntary Chapter 11 bankruptcy proceedings. The company also announced a reduction of $1 billion in debt and secured $500 million in new financing.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 5:25 pm

KTRA

Kintara Therapeutics, Inc. (NASDAQ:KTRA) announced the withdrawal of its registration statement for a public offering, leading to volatile trading. The stock has seen a significant increase in trading volume and a 13% price rise to 9 cents. Over the past year, KTRA shares have decreased by 97.05%, with a loss of $0.06 per share for investors from the beginning of the year. The stock's RSI of 23.07 suggests it is currently oversold.

Portfolio Pulse from Erica Kollmann

March 13, 2024 | 5:21 pm

NVDA

NVIDIA shares are trading lower, possibly due to a pullback following recent strength in the stock.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 5:20 pm

CLOV

GXAI

LUNA

VERI

VJET

Clover Health Investments, Corp. (CLOV) shares rose by 11% after reporting better-than-expected Q4 revenue and FY24 guidance. Other stocks also moved significantly, with Gaxos.ai Inc. (GXAI) and Veritone, Inc. (VERI) among the top gainers, while voxeljet AG (VJET) and Luna Innovations Incorporated (LUNA) led the losers.

Portfolio Pulse from Avi Kapoor

March 13, 2024 | 5:18 pm

DAL

Deep-pocketed investors have shown a bearish sentiment towards Delta Air Lines (NYSE:DAL), with a notable division in mood: 45% bullish and 54% bearish. Benzinga's options scanner revealed 11 extraordinary options activities, with puts totaling $291,874 and calls at $242,436, targeting a price range of $30.0 to $70.0. The mean open interest for DAL options today is 7920.86, with a total volume of 28,409. Delta's stock is currently down by -0.35%, with a trading volume of 5,831,266 and an RSI indicating potential overbought status. The next earnings report is due in 29 days.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:16 pm

ANET

Deep-pocketed investors have shown a bearish sentiment towards Arista Networks (NYSE:ANET), as revealed by Benzinga's tracking of public options records. The analysis of 14 extraordinary options activities indicates a divided mood among investors, with a significant lean towards bearishness. The options trading suggests a targeted price range for ANET between $200.0 and $300.0. The company, a provider of networking equipment, counts Microsoft and Meta Platforms among its largest customers. The current trading volume is 903,669, with ANET's price slightly down by -0.48%, and an earnings announcement is expected in 47 days.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:15 pm

GIL

Browning West criticizes Gildan Activewear's Board for poor judgement in appointing Vince Tyra as CEO, citing failures in due diligence regarding Tyra's past behavior. Browning West, owning 5% of Gildan's shares, urges for Tyra's resignation and a board reconstitution, highlighting the need to protect shareholder interests and mitigate conflicts and risks.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 5:12 pm

KTRA

Kintara Therapeutics has decided not to proceed with its previously contemplated public offering of securities, leading to an increase in its share price. The company has officially requested the withdrawal of the registration statement related to this offering.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 5:11 pm

ARQ

Arq Inc (NASDAQ:ARQ) shares surged after reporting its first positive net income in eight quarters, with Q4 FY23 sales up 20% YOY to $28.104 million, beating estimates. Gross margin expanded to 49.8%, and EPS of $0.10 beat the $(0.08) estimate. Shares rose 40% to $4.859.

Portfolio Pulse from Shivani Kumaresan

March 13, 2024 | 5:09 pm

ALAR

Alarum Technologies (NASDAQ:ALAR) is scheduled to release its quarterly earnings report on March 14, 2024. Analysts predict an EPS of $0.25. The company's past earnings performance shows a mix of misses and beats, with the last quarter missing by $0.04, leading to a 0.63% drop in share price. Over the last year, ALAR's shares have surged by 1049.37%, indicating strong investor optimism. The upcoming earnings report and particularly the company's guidance will be crucial for short-term stock movement.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 5:02 pm