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BB

RBC Capital analyst Paul Treiber has maintained a 'Sector Perform' rating on BlackBerry (NYSE:BB) but has reduced the price target from $4.5 to $4.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:50 pm

MYO

Shares of Myomo, Inc. were halted due to a circuit breaker after experiencing a significant drop of 20.3%. The halt is a mechanism to prevent further immediate losses and to maintain orderly trading.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:49 pm

CLNN

DMK

HOOK

MSAI

NOGN

POL

U.S. stocks opened higher with the Dow Jones gaining 250 points. Information technology shares led the gains, while energy shares had modest increases. U.S. initial jobless claims slightly rose to 205,000, defying expectations of 215,000. Infrared Cameras Holdings, Inc. (MSAI) surged 112% after a previous day's drop. HOOKIPA Pharma Inc. (HOOK) soared 54% due to a $21.25 million investment from Gilead Sciences. DMK Pharmaceuticals Corporation (DMK) gained 47% after regaining rights to ZIMHI. Polished.com Inc. (POL) fell 42% following a prior surge, while Clene Inc. (CLNN) and Nogin, Inc. (NOGN) also saw significant declines.

Portfolio Pulse from Avi Kapoor

December 21, 2023 | 2:48 pm

MULN

Mullen Automotive Inc (NASDAQ:MULN) delivered 38 additional Class 3 vehicles to Randy Marion Automotive Group, invoicing $2.5 million. Randy Marion has committed to ordering 1,000 vehicles for $63 million, with most deliveries expected in 2024. Mullen's CEO expressed confidence in meeting 2023 production volumes. Additionally, Mullen ONE received CARB certification, allowing sales in all 15 CARB states and D.C. Despite the news, MULN shares were down 6.37% at $7.49.

Portfolio Pulse from Adam Eckert

December 21, 2023 | 2:47 pm

PHUN

Roth MKM analyst Darren Aftahi has maintained a Buy rating on Phunware (NASDAQ:PHUN) but has reduced the price target from $0.5 to $0.15.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 2:47 pm

GHY

PGIM Global High Yield (NYSE:GHY) announced a monthly dividend of 10.5 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on January 5, 2024. The stock is expected to open 10.5 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 2:46 pm

ISD

PGIM High Yield Fund (NYSE:ISD) has announced a monthly dividend of 10.5 cents per share, with Monday being the last day for investors to buy shares and be eligible for the dividend. The stock will go ex-dividend on Tuesday, meaning it will trade lower by the dividend amount. The dividend is scheduled to be paid on January 5, 2024.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 2:45 pm

INVH

Invitation Homes (NYSE:INVH) announced a quarterly dividend of 28 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning INVH stock by the end of Monday are eligible for the dividend, which will be paid on January 19, 2024. The stock is expected to open 28 cents lower on Tuesday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 2:45 pm

DHF

Monday is the last day for investors to buy BNY Mellon High Yield (NYSE:DHF) to be eligible for its monthly dividend payout of 1.5 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower by the dividend amount. Shareholders owning DHF by the end of Monday will receive the dividend on January 11, 2024.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 2:45 pm

KR

Kroger's (NYSE:KR) short interest has decreased by 4.31% since the last report, with 22.43 million shares sold short, representing 3.55% of available shares. The average time to cover these short positions is 3.24 days. A decrease in short interest can indicate a more bullish sentiment towards the stock, although it does not necessarily predict a price rise. Kroger's short interest is below its peer group average of 5.45%.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 2:45 pm