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BLGVF

EVIO

LBUY

MGCLF

RMHB

RSSFF

The article lists the marijuana stocks that gained and lost on October 16, 2023. The biggest gainers were Affinor Growers (RSSFF), Rocky Mountain High (RMHB), and Belgravia Hartford Cap (BLGVF). The biggest losers were EVIO (EVIO), MGC Pharmaceuticals (MGCLF), and Leafbuyer Techs (LBUY).

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 9:30 pm

DWAC

META

President Joe Biden has joined Truth Social, a social media platform owned by Trump Media & Technology Group (TMTG), which is in the process of merging with Digital World Acquisition Corporation (NASDAQ:DWAC). The move is seen as a strategy to directly engage with former President Donald Trump and his followers. Meanwhile, Trump continues to have a larger social media following than Biden, including on platforms owned by Meta Platforms (NASDAQ:META).

Portfolio Pulse from Chris Katje

October 16, 2023 | 9:25 pm

ARKK

GDXJ

IHI

XOP

Medium-cap ETFs with AUM between $2 billion and $10 billion were screened for weekly returns. Winners included SPDR S&P Oil & Gas Exploration & Production ETF (XOP) and VanEck Gold Miners ETF (GDXJ), up 6.53% and 6.47% respectively. Losers included iShares U.S. Medical Devices ETF (IHI) and ARK Innovation ETF (ARKK), down 5.54% and 3.67% respectively.

Portfolio Pulse from Johnny Rice

October 16, 2023 | 9:13 pm

HYLB

JNK

SPAB

SUSA

Medium-cap ETFs were screened to determine the largest changes in net assets. iShares MSCI USA ESG Select ETF (SUSA) and SPDR Portfolio Aggregate Bond ETF (SPAB) were the winners, adding $529.80 million and $266.40 million in net assets respectively. SUSA's largest holdings are Microsoft Corporation (MSFT) and Apple Inc. (AAPL). The losers were Xtrackers USD High Yield Corporate Bond ETF (HYLB) and SPDR Bloomberg High Yield Bond ETF (JNK), losing $453.47 million and $448.86 million in AUM respectively.

Portfolio Pulse from Johnny Rice

October 16, 2023 | 9:13 pm

FBK

FB Financial Corp (NYSE:FBK) reported Q3 earnings of 71 cents per share, beating the analyst consensus estimate of 69 cents. However, the company's quarterly sales of $108.97 million missed the analyst consensus estimate of $122.89 million. FB Financial's deposits were $10.64 billion as of Sept. 30, compared to $10.87 billion as of June 30. The company sold $76.6 million of available-for-sale securities and reinvested the proceeds into higher-yielding securities. Shares of FBK were down 4.61% at $26.89 in the after-hours session.

Portfolio Pulse from Ryan Gustafson

October 16, 2023 | 9:09 pm

XXII

22nd Century Group has announced its intention to offer and sell shares of its common stock and warrants to buy shares of its common stock in a 'best efforts' public offering, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 9:04 pm

STLA

Bill Ford, executive chair of Ford Motor Co, has urged for a resolution to the ongoing United Auto Workers (UAW) strike, warning of its potential impact on the wider American automotive industry. Meanwhile, RBC Capital Markets analysts see a short-term buying opportunity in auto-related stocks due to the strike. Ford's shares have declined by 6% since the strike began.

Portfolio Pulse from Piero Cingari

October 16, 2023 | 9:01 pm

NXT

NEXTracker (NASDAQ:NXT) has received a total of 10 analyst ratings in the last quarter, with 8 being bullish or somewhat bullish, and 2 being indifferent. The average 12-month price target for the stock is $48.8, an increase of 5.63% from the previous average of $46.20.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 9:01 pm

PACB

Pacific Biosciences (NASDAQ:PACB) has received 7 analyst ratings in the last quarter, with 1 somewhat bullish and 6 indifferent. The average price target is $11.86, representing an upside from the current price of $7.98. This average is a decrease of 8.77% from the previous average price target of $13.00.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 9:01 pm

TIXT

TELUS Intl (NYSE:TIXT) has received one bullish and three indifferent analyst ratings in the last quarter. The average 12-month price target for TELUS Intl is $12.25, representing a 27.94% decrease from the previous average price target of $17.00.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 9:00 pm