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Stock Prices

LRE

Lead Real Estate has priced its initial public offering (IPO) at $7.00 per American Depositary Share (ADS).

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 9:16 pm

COST

Costco Wholesale's Q4 report shows a 5.2% worldwide increase in traffic or shopping frequency, with a 5.0% increase in the U.S. However, the average transaction decreased by 3.9% worldwide and 4.5% in the U.S., due to weak big-ticket discretionary demand and gas price deflation.

Portfolio Pulse from Charles Gross

September 26, 2023 | 9:15 pm

MCLD

mCloud Technologies has announced its decision to delist from Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 9:10 pm

CRKN

Crown Electrokinetics has announced that it may offer up to $9.8M of common stock from time to time. The details of the potential offering are available on the SEC website.

Portfolio Pulse from Charles Gross

September 26, 2023 | 9:08 pm

GSUN

Golden Sun Education (GSUN) has received a Nasdaq notification letter regarding a minimum bid price deficiency. The company now has a compliance period to rectify this issue.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 9:05 pm

GNSS

Genasys has entered into a definitive agreement to acquire Evertel Technologies in a cash and stock deal worth $5.8 million.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 9:03 pm

IMVT

ROIV

Immunovant plans to offer $130 million of its common stock in a public offering and concurrently sell $170 million of its common stock to Roivant Sciences Ltd. in a private placement.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 9:02 pm

ITA

LDOS

LMT

Lockheed Martin Corp. (LMT) shares have seen a decline of approximately 9% month-to-date due to the looming risk of a U.S. government shutdown. Moody’s Investors Service warned that a shutdown could negatively impact defense service contractors, potentially affecting liquidity. However, it also noted that major prime contractors like Lockheed Martin and Leidos Holdings, Inc. (LDOS) have strong capabilities to manage payment delays effectively. The iShares U.S. Aerospace & Defense ETF (ITA) also registered a 9% decline.

Portfolio Pulse from Piero Cingari

September 26, 2023 | 9:01 pm

COST

Costco Wholesale Corp reported its fiscal Q4 earnings, beating expectations on both EPS and revenue. Net sales increased 9.4% YoY to $77.43 billion, beating the consensus estimate of $77.9 billion. EPS was $4.86, higher than the estimated $4.79. Comparable sales were up in all regions, with the highest increase in the Other International segment at 5.5%. However, total e-commerce sales fell 0.8%. Membership fees also increased YoY. Despite the positive report, Costco shares fell 1.52% in after-hours trading.

Portfolio Pulse from Adam Eckert

September 26, 2023 | 9:01 pm

STLD

Over the past 3 months, 7 analysts have published their opinion on Steel Dynamics (NASDAQ:STLD) stock. The company has an average price target of $108.14, an increase of 2.21% from the previous average price target of $105.80. The ratings include 2 bullish, 3 indifferent, and 2 somewhat bearish.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 9:00 pm