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SPY

The USA NAHB Housing Market Index for September has been reported at 45, lower than the estimated 50 and the prior value of 50.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 2:00 pm

MARA

Marathon Digital Holdings Inc's (NASDAQ:MARA) shares are trading higher by 3.5% amid an increase in the price of Bitcoin. The company, which is involved in Bitcoin mining, can see increased revenue from its operations as the price of Bitcoin rises. Investors are awaiting the outcome of the upcoming Federal Reserve’s Federal Open Market Committee (FOMC) meeting, which could impact the Bitcoin market.

Portfolio Pulse from Henry Khederian

September 18, 2023 | 1:59 pm

CGC

Canopy Growth Corp (NASDAQ:CGC) announced a private placement of up to $50 million, causing its shares to trade lower. The company entered into subscription agreements with institutional investors for a private placement of nearly 23 million units at $1.09 per unit. The private placement is expected to result in gross proceeds of approximately $25 million, potentially climbing to $50 million. Canopy intends to use the additional liquidity for working capital and general corporate purposes.

Portfolio Pulse from Adam Eckert

September 18, 2023 | 1:58 pm

MSTR

Shares of MicroStrategy Inc (NASDAQ:MSTR) are trading higher by 3.6% amid an increase in the price of Bitcoin. MicroStrategy holds a significant amount of Bitcoin on its balance sheet, and the increase in Bitcoin's price positively impacts the company's asset value and stock price. The market is currently anticipating the outcome of the upcoming Federal Reserve’s Federal Open Market Committee (FOMC) meeting on September 20.

Portfolio Pulse from Henry Khederian

September 18, 2023 | 1:55 pm

AGRI

AVGR

CGC

ELWS

SQL

SSKN

WORX

US stocks traded mostly higher with the Dow Jones gaining over 50 points. Energy shares rose by 0.8% while real estate shares fell by 0.8%. Canopy Growth Corporation (CGC) entered into subscription agreements with institutional investors in a private placement offering. SCWorx Corp. (WORX), Avinger, Inc. (AVGR), and SeqLL Inc. (SQL) saw their shares rise significantly. Earlyworks Co., Ltd (ELWS), STRATA Skin Sciences, Inc. (SSKN), and AgriFORCE Growing Systems Ltd. (AGRI) saw their shares drop.

Portfolio Pulse from Lisa Levin

September 18, 2023 | 1:53 pm

NEPT

Trading of shares for Neptune Wellness Solutions has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 1:52 pm

NVO

The FDA has reported quality control issues at Novo Nordisk's Clayton plant, a key site for the production of its weight-loss drug Wegovy and diabetes drug Ozempic. In response, Novo Nordisk has hired PCI Pharma Services to handle the assembly and packaging of Wegovy. The company's shares are down 3.26%.

Portfolio Pulse from Vandana Singh

September 18, 2023 | 1:50 pm

VLO

Valero Energy's board has authorized a share repurchase of up to $2.5 billion, leading to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 1:50 pm

SQL

Trading of SeqLL shares has resumed.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2023 | 1:49 pm

CRLBF

HITI

TCNNF

Florida medical marijuana market sees expansion with Trulieve Cannabis Corp. and Cresco Labs Inc. opening new retail locations. Other companies like Planet 13 and AYR Wellness are also positioning themselves for potential legalization of recreational marijuana in the state. In other news, High Tide Inc. opened a new Canna Cabana retail cannabis store in Ontario, Canada.

Portfolio Pulse from Jelena Martinovic

September 18, 2023 | 1:48 pm