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QURE

Trading of uniQure NV shares is set to resume at 7:35 AM ET.

Portfolio Pulse from Charles Gross

October 05, 2023 | 11:12 am

PSNY

Polestar, the Swedish electric vehicle manufacturer, maintains its delivery target of 60,000-70,000 vehicles for 2023. The company also anticipates higher margins for the rest of the year.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 11:07 am

GLD

SPY

USO

US stock markets ended higher on October 4, led by Nasdaq Composite, due to lower than expected private payrolls data for September. This data alleviated concerns of another Federal Reserve rate hike this year. Asian markets also saw gains, with Japan's Nikkei 225 and Australia's S&P/ASX 200 rising. However, Eurozone markets traded mixed, and US futures were down. Crude oil prices fell, while gold and silver rose.

Portfolio Pulse from Akanksha Bakshi

October 05, 2023 | 11:06 am

DFLI

Dragonfly Energy Holdings Corp (NASDAQ:DFLI) has announced the successful deposition of cathode electrodes and double-sided dry deposition of both anode and cathode electrodes at scale, using the company's patented dry electrode battery manufacturing process. This achievement puts the company on track to produce its American-made lithium cells by the end of 2023. The company's dry deposition technology eliminates toxic solvents in traditional cell manufacturing and reduces the manufacturing footprint. The company's shares traded higher by 3.47% at $1.49 premarket on the last check Thursday.

Portfolio Pulse from Anusuya Lahiri

October 05, 2023 | 11:00 am

BKE

The Buckle, Inc. reported a year-over-year decline in comparable store net sales of 11.1% and a net sales decline of 10.7% to $103.1M in September 2023.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 10:59 am

CAL

Caleres expects its long-term net sales to grow at a three-year CAGR of 3-5%, and its adjusted EPS to increase at a three-year CAGR of 11-13% to reach $6.00 at the mid-point of the range.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 10:50 am

NU

New Street Research has downgraded Nu Holdings (NYSE:NU) from Buy to Neutral and lowered the price target from $8.25 to $8.1.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 10:48 am

NGD

New Gold Inc. has reported its Q3 production results, producing 111,204 gold equivalent ounces, which is a 22% increase year over year. The company remains on track to meet its annual production guidance.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 10:36 am

ORTX

Orchard Therapeutics Plc (NASDAQ:ORTX) has agreed to be acquired by Japan-based pharmaceutical company Kyowa Kirin Co. for $16.00 per American Depositary Share (ADS), a 144% premium over the previous 30-day average. An additional $1.00 contingent value right (CVR) will be paid for $17.00 per ADS if conditions are met. The acquisition will allow Kyowa Kirin to maximize the value of Orchard's Libmeldy and accelerate the development of Orchard's other programs. The deal is expected to close in Q1 2024.

Portfolio Pulse from Nabaparna Bhattacharya

October 05, 2023 | 10:25 am

CMBM

JMP Securities analyst Erik Suppiger has downgraded Cambium Networks (NASDAQ:CMBM) from Market Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

October 05, 2023 | 10:24 am