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IMNM

Immunome's stock price has increased following the announcement of a definitive asset purchase agreement with Atreca. This strategic move could potentially enhance Immunome's asset portfolio and market position.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 8:42 pm

Unity Software Inc. (NYSE:U) shares have risen over 40% in the past month, boosted by a broad market rally and the Federal Reserve's decision to keep interest rates unchanged with potential rate cuts in 2024. Unity announced a strategic reset, including workforce and office reductions, which led to a 35% stock increase post-announcement. HSBC analyst Mohammed Khallouf initiated coverage with a Hold rating and a $37 price target. Unity's stock is trading above its 50-day moving average but below its 52-week high.

Portfolio Pulse from Erica Kollmann

December 26, 2023 | 8:34 pm

ZYME

Zymeworks Inc. stock (ZYME) is trading higher following the announcement of a securities purchase agreement with EcoR1 Capital, which will provide the company with $50 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 8:34 pm

LVS

Over the past 15 years, Las Vegas Sands (NYSE:LVS) has produced an average annual return of 15.15%, outperforming the market by 3.43% on an annualized basis. A $1000 investment in LVS stock 15 years ago would be worth $8,429.79 today. The company currently has a market capitalization of $36.98 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 8:30 pm

FMX

Over the past 20 years, Fomento Economico (NYSE:FMX) has delivered an average annual return of 12.6%, outperforming the market by 5.06% annually. A $1000 investment in FMX 20 years ago would be worth $10,725.75 today. The company currently has a market cap of $236.74 billion. The article highlights the impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 8:30 pm

HALL

Hallmark Financial Services has notified Nasdaq of its intention to voluntarily delist its common stock from the Nasdaq Global Market. According to an SEC filing, trading of the company's stock will be suspended at the opening of business on January 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 26, 2023 | 8:30 pm

ASPN

GAU

GFI

GLT

NGVT

ZKIN

ZK International Group (ZKIN) has regained compliance with Nasdaq's bid price requirement, with its stock price exceeding $1.00 for 10 consecutive days. The materials sector shows signs of being overbought, with Alcoa Corporation (AA), Glatfelter Corporation (GLT), Aspen Aerogels, Inc. (ASPN), and Ingevity Corporation (NGVT) all having high RSIs, suggesting a potential pullback. Galiano Gold Inc. (GAU) is set to own 90% of the Asanko joint venture after Gold Fields Limited (GFI) agreed to sell its stake.

Portfolio Pulse from Austin DeNoce

December 26, 2023 | 8:14 pm

CMCSA

DIS

DKNG

PARA

PDYPY

PENN

Needham analyst Bernie McTernan maintains a Buy rating and a $50 price target on DraftKings Inc (NASDAQ:DKNG), citing a strong weekend for sportsbooks during NFL Week 16, with only 2 of the top 5 favorites winning outright and none covering the spread. This was likely beneficial for DraftKings' financials. The article also mentions the performance of other companies' sports betting apps, with ESPN Bet from PENN Entertainment (NASDAQ:PENN) initially ranking first but falling to second place behind PrizePicks, while DraftKings ranked third and Flutter Entertainment's FanDuel (OTC:PDYPY) ranked fourth. The article notes the NFL games aired on platforms owned by Comcast Corporation (NASDAQ:CMCSA), Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA), and The Walt Disney Company (NYSE:DIS). DraftKings shares are up 220% year-to-date in 2023.

Portfolio Pulse from Chris Katje

December 26, 2023 | 8:00 pm

SBUX

Over the past 20 years, Starbucks (NASDAQ:SBUX) has produced an average annual return of 13.04%, outperforming the market by 5.5%. A $100 investment in SBUX 20 years ago would now be worth $1,160.01. The company's current market capitalization stands at $108.49 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 8:00 pm

DVN

Over the past 5 years, Devon Energy (NYSE:DVN) has produced an average annual return of 15.71%, outperforming the market by 1.98% on an annualized basis. A $1000 investment in DVN five years ago would be worth $2,081.26 today. Devon Energy currently has a market capitalization of $29.57 billion.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 8:00 pm