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SCLX

SRNEQ

Scilex Holding Company (NASDAQ:SCLX) has provided notice to all record holders and beneficial owners of restricted shares of Scilex common stock that were part of the previously announced dividend of Scilex common stock then-held by Sorrento Therapeutics, Inc. (OTC:SRNEQ). The notice is related to the ongoing bankruptcy proceedings of Sorrento and the illegal naked short selling of Scilex common stock. Scilex has proposed a solution for short sellers to cover their positions and avoid any continuing fees, interest, and other expenses associated with any short positions.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 1:11 pm

AIA

AMZN

EAT

GLD

NFLX

NVDA

QQQ

TLT

TSLA

The article lists the top 10 trending stocks on WallStreetBets as of October 3, 2023. The stocks mentioned are Tesla (TSLA), Nvidia (NVDA), SPDR Gold Shares (GLD), Airbnb (AI), Amazon (AMZN), iShares Asia 50 ETF (AIA), iShares 20+ Year Treasury Bond ETF (TLT), Invesco QQQ Trust (QQQ), Netflix (NFLX), and Brinker International (EAT).

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 1:10 pm

AGBA

AGBA Group Holding Limited has reported irregular trading activities in its ordinary shares to the Securities and Exchange Commission and Nasdaq. The irregularities, which began on April 28, 2023, saw trading volumes exceed 100% of the company's freely tradeable shares. AGBA's controlling shareholder, TAG Holdings Limited, holds 82.3% of the company's outstanding shares and has not sold any since the company's Nasdaq listing in November 2022.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 1:09 pm

ALXO

MAIA

PNT

SDC

During Tuesday's pre-market session, several healthcare stocks experienced significant movements. ALX Oncology Holdings, POINT Biopharma Global, SeaStar Medical Holding, MSP Recovery, Kineta, and Redhill Biopharma saw increases in their stock prices, with ALX Oncology Holdings leading with a 96.2% increase. On the other hand, MAIA Biotechnology, SmileDirectClub, OpGen, Acurx Pharmaceuticals, Universe Pharmaceuticals, and RVL Pharmaceuticals experienced decreases in their stock prices, with MAIA Biotechnology leading the losses with a 23.2% decrease.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 1:06 pm

RDHL

RedHill Biopharma Ltd's shares are trading higher after the company announced that its oral opaganib shows a significant increase in survival time in a U.S. Army-funded in vivo Ebola virus study. The study results showed a statistically significant survival increase in the 150 mg/kg opaganib group compared to the inactive vehicle control group. The company's shares are up 16.30% at $0.52 during the premarket session.

Portfolio Pulse from Vandana Singh

October 03, 2023 | 1:06 pm

FLGC

MKC

During Tuesday's pre-market session, several consumer staples stocks experienced significant movement. Flora Growth, Shineco, Davis Commodities, Smart for Life, Splash Beverage Group, and Sadot Group saw gains, while Eastside Distilling, Upexi, Better Choice Co, Bruush Oral Care, Rite Aid, and McCormick & Co experienced losses. Q4 earnings for Upexi and Q3 earnings for McCormick & Co were recently released.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 1:06 pm

AWIN

FTCI

MKUL

MNTS

In Tuesday's pre-market session, several industrials stocks saw significant movement. Gainers included Molekule Group (MKUL), FTC Solar (FTCI), Mesa Air Gr (MESA), Orion Group Hldgs (ORN), Agrify (AGFY), and Wheels Up Experience (UP). Losers included AERWINS Technologies (AWIN), Momentus (MNTS), Nocera (NCRA), Enovix (ENVX), Capstone Green Energy (CGRN), and Nuvve Holding (NVVE).

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 1:06 pm

AGIL

ASTI

MLGO

SAI

In Tuesday's pre-market session, several information technology stocks saw significant movement. AgileThought (AGIL), Ascent Solar Technologies (ASTI), Taoping (TAOP), WM Tech (MAPS), Edgio (EGIO), and LG Display Co (LPL) all saw gains, while SAI.TECH Global (SAI), MicroAlgo (MLGO), Remark Hldgs (MARK), Perfect (PERF), Auddia (AUUD), and Presto Automation (PRST) experienced losses.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 1:05 pm

LNTH

Lantheus shares are trading higher after Eli Lilly agreed to acquire POINT Biopharma. Lantheus and POINT are partners for certain cancer programs.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 1:05 pm

CLSK

CleanSpark Inc. (NASDAQ:CLSK) has released its unaudited bitcoin mining and operations update for the fiscal year ending September 30, 2023. The company mined 6,903 bitcoins during the fiscal year, an 84% increase compared to FY2022. The company's hashrate also increased by 131% compared to FY2022. CleanSpark sold 80 bitcoins in September 2023 at an average price of approximately $26,800 per BTC, equating to proceeds of approximately $2.2 million.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 1:03 pm