Streetbeat News

Stock Prices

ALPP

CASA

INLX

MIGI

MTC

SGE

SPEC

During Monday's intraday session, several information technology stocks experienced significant movements. Spectaire Holdings (SPEC) saw a notable increase of 44.8%, while MMTEC (MTC) led the losers with a 19.1% decline. Other gainers included Alpine 4 Holdings (ALPP), Mawson Infra Gr (MIGI), Casa Systems (CASA), Strong Global (SGE), and Intellinetics (INLX). On the losing side were GSE Systems (GVP), Argo Blockchain (ARBK), Presto Automation (PRST), MicroCloud Hologram (HOLO), and Sigma Additive Solutions (SASI).

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:30 pm

ZETA

Needham analyst Ryan MacDonald has reiterated a Buy rating on Zeta Global Holdings (NYSE:ZETA) and maintained a $13 price target for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:30 pm

IDXX

Over the past 10 years, IDEXX Laboratories (NASDAQ:IDXX) has produced an average annual return of 25.71%, outperforming the market. A $1000 investment in IDXX a decade ago would be worth $10,005.72 today. IDEXX has a current market cap of $45.03 billion.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:30 pm

VRTX

Vertex Pharmaceuticals (NASDAQ: VRTX) has significantly outperformed the market, with an average annual return of 18.8% over the past 15 years. An initial investment of $1000 in VRTX 15 years ago would now be worth $14,024.39. The company's current market capitalization stands at $106.68 billion.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:30 pm

FNA

Paragon 28's stock is trading lower following the company's release of preliminary revenue guidance for Q4 and the full year of 2023, which suggests that the financial results may not meet market expectations.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:29 pm

SGRY

Surgery Partners, Inc. shares have seen an uptick following the company's reaffirmation of its 2023 financial guidance. This positive news indicates that the company is on track to meet its previously stated financial targets for the year, which can instill confidence in investors and potentially lead to a more favorable outlook on the stock.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:28 pm

TRML

Tourmaline Bio's stock is trading higher following the announcement of expected milestones for its TOUR006 product in treating thyroid eye disease and atherosclerotic cardiovascular disease.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:26 pm

ALHC

Alignment Healthcare's stock is trading higher following the announcement of a 44% increase in Alignment Health Plan membership, reaching approximately 155,500 members as of January 1st.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 5:23 pm

AMAM

CMC

DADA

DTC

HARP

LMDX

U.S. stocks traded mixed with the Nasdaq Composite up by 1.20%. Crude oil prices fell by 4.9%, while Ambrx Biopharma's shares surged 100% after an acquisition announcement by Johnson & Johnson. Commercial Metals Company reported strong Q1 earnings, beating estimates. Harpoon Therapeutics shares increased by 112% due to an acquisition by Merck. LumiraDx, Dada Nexus, and Solo Brands saw significant share price drops due to various negative developments.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 5:22 pm

JHG

The lithium market has seen a significant price drop from CNY 600,000/ton to below CNY 100,000/ton due to increased production and reduced demand in China. Chile is planning to open new lithium extraction areas, with major companies in talks with the government. Core Lithium has halted operations at its Finniss site due to market conditions. Janus Henderson (NYSE:JHG) remains optimistic about lithium, predicting a price normalization and increased M&A activity. Kali Metals had a successful IPO on the ASX, indicating continued investor interest in lithium exploration.

Portfolio Pulse from Stjepan Kalinic

January 08, 2024 | 5:20 pm