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Stock Prices

AMAT

Applied Materials, Inc. (AMAT) shares have dropped by about 4% amid recent volatility in semiconductor and chip stocks. This is due to Taiwan Semiconductor Manufacturing Company (TSMC) reportedly telling its suppliers to postpone the delivery of high-end chipmaking equipment due to demand uncertainty. As a major supplier of such equipment, Applied Materials' revenue and earnings could be directly affected if TSMC delays or postpones orders.

Portfolio Pulse from Henry Khederian

September 19, 2023 | 1:10 pm

NKLA

Nikola Corp (NASDAQ:NKLA) shares are trading lower after a surge on Monday following the announcement of a new chief operating officer, Mary Chan. Chan, who previously served as a managing partner at VectoIQ and as president and COO of VectoIQ Acquisition Corp, will lead several teams at Nikola, including engineering, program, product, supply chain, and manufacturing. Nikola's CEO, Steve Girsky, believes Chan's appointment will streamline decision-making processes and improve the company's engineering and manufacturing capabilities.

Portfolio Pulse from Adam Eckert

September 19, 2023 | 1:08 pm

DAVA

Endava reported its Q4 financial results and issued guidance, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 1:07 pm

CNXA

CTNT

EBET

ELYS

FFIE

FRSX

JZXN

NIO

SSU

TRNR

UFAB

WKSP

During Tuesday's pre-market session, several consumer discretionary stocks experienced significant movement. Gainers included Connexa Sports Techs (CNXA), Unique Fabricating (UFAB), Interactive Strength (TRNR), Elys Game Technology (ELYS), Foresight Autonomous (FRSX), and Worksport (WKSP). Losers included Faraday Future (FFIE), SIGNA Sports United (SSU), NIO (NIO), Jiuzi Hldgs (JZXN), EBET (EBET), and Cheetah Net Supply Chain (CTNT).

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 1:06 pm

LGVNR

UPH

During Tuesday's pre-market session, several healthcare stocks experienced significant movements. Longeveron Inc., Avinger, Navidea Biopharmaceutical, Elutia, ABVC BioPharma, and Akili saw increases in their shares, with Longeveron Inc. leading with a 172.7% increase. On the other hand, UpHealth, 60 Degrees, T2 Biosystems, SCWorx, Kinnate Biopharma, and MSP Recovery saw decreases in their shares, with UpHealth experiencing the largest decline of 50%.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 1:06 pm

GOVX

GeoVax Labs, Inc. (NASDAQ:GOVX) has published data from the ongoing Phase 2 trial of its next-generation COVID-19 vaccine (GEO-CM04S1), demonstrating potent antibody and cellular immunity in immunocompromised patients. The vaccine is being compared to the Pfizer/BioNTech or Moderna mRNA-based vaccines in patients with compromised immune systems. The data indicates that GEO-CM04S1 is highly immunogenic in these patients, inducing potent humoral (antibody) and cellular (T cell) responses, including neutralizing antibodies against SARS-CoV-2 ancestral virus and variants of concern.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 1:06 pm

BTM

LLAP

MNTS

RKLB

During Tuesday's pre-market session, several industrial stocks experienced significant movement. Bitcoin Depot, Momentus, ShiftPixy, Knightscope, Nxu, and Beam Glb saw gains ranging from 4.98% to 12.5%. Meanwhile, Terran Orbital, Rocket Lab USA, Urban-gro, AERWINS Technologies, Performance Shipping, and ESGL Holdings experienced losses between 6.05% and 19.0%.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 1:06 pm

ALAR

DAVA

GSIT

RXT

In Tuesday's pre-market session, several information technology stocks saw significant movement. Rackspace Tech, Alarum Technologies, Datasea, Cemtrex, Airspan Networks Hldgs, and Sobr Safe all saw their shares increase, with Rackspace Tech leading the gainers with an 11.5% increase. On the other hand, Endava, GSI Technology, DatChat, NOVONIX, Backblaze, and Cepton saw their shares decline, with Endava leading the losers with a 9.4% decrease.

Portfolio Pulse from Benzinga Insights

September 19, 2023 | 1:05 pm

SRFM

Surf Air Mobility Inc has filed for the resale of up to approximately 2.0 million shares of common stock by the selling stockholders, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 1:05 pm

PLTR

Following Palantir Technologies' AIP Conference, Wedbush analyst Daniel Ives maintained an Outperform rating and a $25 price target for the company. Ives praised Palantir's AI vision and its ability to integrate with customers within 1-4 weeks of signing papers. He also highlighted the company's potential to expand into various industries and its strong product portfolio. Despite this, Palantir's stock edged down 0.13% in premarket trading.

Portfolio Pulse from Shanthi Rexaline

September 19, 2023 | 1:04 pm