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CBDY

CHOOF

EVIO

GBHPF

PMD

RMHB

The article lists the marijuana stocks that gained and lost on October 27, 2023. The biggest gainers were Global Hemp Group (OTC:GBHPF), Target Group (OTC:CBDY), and Psychemedics (NASDAQ:PMD), while the biggest losers were Choom Holdings (OTC:CHOOF), EVIO (OTC:EVIO), and Rocky Mountain High (OTC:RMHB).

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 9:30 pm

LMDX

LumiraDx Limited (NASDAQ:LMDX) has received a notice from the Nasdaq Stock Market stating that its securities are subject to delisting due to non-compliance with the Minimum Bid Price Requirement. The company has not regained compliance within the provided 180 days. LumiraDx intends to appeal the delisting determination and is working on a plan to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 9:29 pm

BONEUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) has seen a jump of 11% in its past 7-day trading and 6.7% monthly gains. The trading volume of the token has surged 106.6% in the past 24 hours. Shiba Inu is indicating a potential upswing in the market. The memecoin market has recently witnessed significant interest from whale investor activity. Shiba Inu whales reported $300 million worth of Shiba Inu tokens indicating a bullish sentiment on the memecoin. Shibarium peaked at 3.5 million transactions in just two months since its inception, led by a 493% jump in transactions to 62,570 in the past 24 hours. Bone (CRYPTO: BONE) also surged to a 15% price hike this week.

Portfolio Pulse from Khyathi Dalal

October 27, 2023 | 9:22 pm

TWO

Two Harbors Inv (NYSE:TWO) is set to release its quarterly earnings report on October 30, 2023. Analysts estimate an EPS of $0.47. The company's past performance shows a mixed trend of beating and missing EPS estimates, which has led to varied stock price changes. The stock is currently trading at $10.08, down 30.13% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 9:00 pm

DIS

DKNG

PDYPY

PENN

SGHC

The upcoming launch of ESPN Bet, a partnership between PENN Entertainment and The Walt Disney Company, is making headlines due to a logo dispute with social sports betting site BroThrow. The World Series match-up is set with the Arizona Diamondbacks and Texas Rangers, with DraftKings and FanDuel featuring bets on the outcome. The National Hockey League announced a 41-game suspension for Shane Pinto for sports betting, despite the Ottawa Senators having a helmet sponsor with a gambling company, Betway, a unit of Super Group.

Portfolio Pulse from Chris Katje

October 27, 2023 | 8:52 pm

DECK

Deckers Outdoor Corporation (NYSE:DECK) reported a YoY increase in Q2 earnings per share and better-than-expected sales results, leading to a surge in its stock price. The company also raised its FY 2024 earnings per share guidance and net sales outlook. BTIG analyst Janine Stichter maintained a Buy rating for DECK and raised the price target from $640 to $650.

Portfolio Pulse from Erica Kollmann

October 27, 2023 | 8:43 pm

ALGN

AMZN

DIA

GOOGL

PDD

QQQ

SPY

TLT

WHR

The stock market experienced volatility due to fears of a wider Middle East conflict and a cautious Q4 earnings outlook. The US economy exceeded expectations with a Q3 growth rate of 4.9%, driven by strong consumer spending. Bitcoin rallied as ETF approval nears. Major US companies beat Q3 earnings estimates but warned of a Q4 slowdown. Amazon emerged as the top performer among tech titans, while Alphabet had a tough week due to disappointing cloud business performance. The SPDR S&P 500 ETF Trust, Invesco QQQ Trust, and Dow Jones Industrial Average ETF fell, while the iShares 20+ Year Treasury Bond ETF rose. Chinese-based stocks PDD Holdings and JD.com were the top performers within the Nasdaq 100.

Portfolio Pulse from Piero Cingari

October 27, 2023 | 8:34 pm

AMC

CNK

DIS

PARA

Walt Disney Co (NYSE:DIS) has announced further delays to its movie releases due to the ongoing Hollywood Strike, which could put more pressure on the company's other business lines. The company's shares have fallen significantly in the last year and are trading at decade lows. The delays include the live-action 'Snow White' movie and 'Elio', a film from Pixar studio. The company also removed 'Magazine Dreams' from the calendar due to the film's star's legal troubles. Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) also announced a delay for the next 'Mission: Impossible' movie. The delays could impact movie theater companies like Cinemark Holdings, Inc. (NYSE:CNK) and AMC Entertainment Holdings (NYSE:AMC).

Portfolio Pulse from Chris Katje

October 27, 2023 | 8:32 pm

JNJ

Johnson & Johnson (JNJ) has stated in an SEC filing that the financial impact of the conflict in Israel during Q3 was not material. The company also noted that the long-term implications of the conflict are difficult to predict at this time.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 8:30 pm

AKLI

Akili Inc has received a notice of delisting or failure to satisfy a continued listing rule or standard from Nasdaq, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 27, 2023 | 8:23 pm