Streetbeat News

Stock Prices

WKHS

Workhorse Group Inc has received a notice from Nasdaq stating that the company is not in compliance with the minimum bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:42 pm

GT

Goodyear Tire & Rubber Co (GT) has announced a rationalization plan which it expects to complete by the end of 2024. The company estimates that the total pre-tax charges associated with this action will be between $55M-$65M, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:40 pm

IDA

IDACORP, Inc. (NYSE:IDA) has announced a 5.1% increase in its regular quarterly cash dividend on its common stock to $0.83 per share. The company's Board of Directors has approved a dividend increase every year since 2011, resulting in a cumulative dividend increase of 177% since 2011. The company plans to recommend future annual increases in the dividend of around 5% and aims to move towards a target payout ratio of 60% to 70% of sustainable IDACORP earnings.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:37 pm

BTCUSD

DOGEUSD

ETHUSD

Bitcoin, Ethereum, and Dogecoin traded mostly flat during Friday's trading session following the Federal Reserve's decision to pause interest rate hikes. Economists are mixed on whether the Fed will apply a rate hike at the November and December meetings. The lower-than-average volume across the general market and the crypto sector indicates a possible period of consolidation. Bitcoin and Ethereum were consolidating with inside bar patterns, while Dogecoin dropped from Thursday’s low-of-day, negating its uptrend.

Portfolio Pulse from Melanie Schaffer

September 22, 2023 | 8:36 pm

NVTA

Invitae Corporation (NYSE:NVTA), a medical genetics company, has received a notice of non-compliance from the New York Stock Exchange (NYSE) due to its average closing price being less than $1.00 per share over a 30-day trading period. The company has notified the NYSE of its intent to comply with the listing standards within the required cure period. The notice does not affect the company's business operations or its material debt or other agreements.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:35 pm

ACHL

Achilles Therapeutics plc (NASDAQ:ACHL) has received a notice from Nasdaq stating that the company is not in compliance with the $1.00 minimum bid price requirement for continued listing of its American Depositary Shares (ADS) on the Nasdaq Global Select Market. The company has until March 18, 2024, to regain compliance by having the closing bid price of its ADSs meet or exceed $1.00 per ADS for at least ten consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:34 pm

CNXA

Connexa Sports Technologies Inc. (NASDAQ:CNXA) has received a notice from Nasdaq regarding its failure to file its Quarterly Report on Form 10-Q for the period ended July 31, 2023, which is a violation of Nasdaq's continued listing requirements. This serves as an additional basis for delisting the company's securities from Nasdaq. The company has until January 22, 2024, to demonstrate compliance with the Minimum Stockholders' Equity Requirement.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:33 pm

VCNX

Vaccinex, Inc. (NASDAQ:VCNX) has announced a 1-for-15 reverse stock split of its issued common stock, effective from September 25, 2023. The move is aimed at regaining compliance with the $1.00 minimum bid price requirement of The Nasdaq Capital Market. The company's shares will continue to trade under the symbol 'VCNX'. The reverse stock split will not alter any stockholder's percentage ownership interest in the company's equity, except for the rounding up of fractional shares to whole shares.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:33 pm

KERN

Akerna Corp's common stock trading may be suspended at the opening of business on September 28, 2023, unless the company requests an appeal of the determination. The company has until 4:00 p.m. ET on September 26 to appeal the Nasdaq staff's determination.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 8:31 pm

TTD

A significant bullish stance has been taken on Trade Desk (NASDAQ:TTD) as evidenced by unusual options activity. The sentiment among these big-money traders is split between 73% bullish and 26% bearish. The whales have been targeting a price range from $45.0 to $80.0 for Trade Desk over the last 3 months. The price of TTD is currently up 0.83% at $76.35.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 8:30 pm