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AVTX

BPTS

GWH

RAD

VAPO

Several stocks are experiencing significant pre-market trading movements. Biophytis S.A. (BPTS) shares rose 31.5% following a partnership agreement with Skyepharma for the production of Sarconeos (BIO101). Avalo Therapeutics, Inc. (AVTX) shares gained 24% after the recent sale of its assets. Vapotherm, Inc. (VAPO) shares jumped 9.8% after announcing a clinical trial presentation. ESS Tech, Inc. (GWH) shares climbed 7.2% after Honeywell (HON) reported a strategic collaboration with the company. On the other hand, Rite Aid Corporation (RAD) shares fell 13.7% amid reports of potential bankruptcy.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:31 pm

AAPL

BTCUSD

GOOGL

TSLA

The article covers a range of topics including US markets, crypto, US politics, world politics, US economy, world economy, electric vehicles, tech, consumer, communication, and industrial. Key highlights include the potential of Google Pixel 8 outshining Apple's iPhone, Elon Musk's plans to retire the iconic Twitter home icon, and the suspension of withdrawals and deposits by Mixin Network after a $200M hack. Thor Industries, AutoNation, Coinbase, Amazon, Ford of Canada, and Regal Rexnord are among the companies mentioned.

Portfolio Pulse from Akanksha Bakshi

September 25, 2023 | 12:29 pm

SCYX

Shares of SCYNEXIS have been halted due to pending news. Further details are yet to be released.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:26 pm

PTON

UBS analyst Arpine Kocharyan maintains a 'Sell' rating on Peloton Interactive (NASDAQ:PTON) and has lowered the price target from $8 to $4.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:22 pm

BCLI

The FDA has stated that it does not believe there is sufficient evidence to support that any of the assessed biomarkers for Brainstorm Cell Therapeutics' ALS therapy is reasonably likely to predict clinical benefit. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:21 pm

CRC

CRWD

KBH

RUN

Five top Wall Street analysts have made new stock picks. Leo Mariani from Roth MKM reiterated a Buy rating on California Resources Corporation (CRC) with a price target of $56, seeing over 1% upside. Rick Patel from Raymond James initiated coverage on Ralph Lauren Corporation (RL) with an Outperform rating and a price target of $135, seeing around 20% upside. Joseph Osha from Guggenheim maintained a Buy rating on Sunrun Inc. (RUN) and increased the price target to $36, seeing around 179% upside. Rob Owens from Piper Sandler maintained an Overweight rating on CrowdStrike Holdings, Inc. (CRWD) and boosted the price target to $210, seeing around 29% upside. Jay McCanless from Wedbush maintained an Outperform rating on KB Home (KBH) and lowered the price target to $55, seeing around 19% upside.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:18 pm

BPTS

Biophytis and Skyepharma have signed a partnership agreement for the production of regulatory batches of Sarconeos (BIO101), a treatment for severe forms of Covid-19. This has led to an increase in Biophytis' share price.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:17 pm

HRMY

Goldman Sachs analyst Corinne Jenkins has downgraded Harmony Biosciences (NASDAQ:HRMY) from Neutral to Sell and lowered the price target from $40 to $31.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:09 pm

HYMC

Hycroft Mining Holding Corporation (NASDAQ:HYMC) plans to file a request for a hearing before the Nasdaq Hearings Panel to present its plan to regain compliance with Nasdaq's minimum bid price requirement. The company's shares will continue to trade on Nasdaq until the Panel's decision is issued.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:07 pm

TSLA

Tesla shares are falling in premarket trading following three consecutive sessions of losses. Concerns over potential shortfalls in third-quarter deliveries and softness in the Chinese market are contributing to the negative sentiment. Rumors about a production pause at the Giga Texas plant until the end of September are also circulating. Gary Black from Future Fund predicts third-quarter deliveries of 440,000 units, below the consensus estimate of 462,000 units. In premarket trading, Tesla fell 1.49% to $241.23.

Portfolio Pulse from Shanthi Rexaline

September 25, 2023 | 12:06 pm