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ENPH

SMTC

UFI

Insiders at Enphase Energy, Semtech Corporation, and Unifi, Inc. have recently made notable purchases of their companies' stocks. Enphase Energy's director acquired 32,600 shares at an average price of $122.76, costing around $4 million. Semtech Corporation's director acquired 20,000 shares at an average price of $24.83, costing around $496,520. Unifi, Inc.'s director bought 7,800 shares at an average price of $7.01, costing around $54,690.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 10:47 am

CCL

CUK

FXI

NCLH

RCL

China's Transport Ministry has announced the full resumption of international cruise ship transport to and from ports in the country starting Tuesday.

Portfolio Pulse from Charles Gross

September 19, 2023 | 10:40 am

HUT

Hut 8 Mining Corp. (HUT) is progressing on its proposed all-stock merger with U.S. Data Mining Group, Inc. dba US Bitcoin Corp (USBTC). The combined company will be named Hut 8 Corp., a U.S.-domiciled entity, and is expected to be a large scale, publicly traded Bitcoin miner with diversified revenue streams and industry leading ESG practices.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:32 am

SXTP

60 Degrees Pharma has withdrawn its Covid Phase 2B Investigational New Drug, with plans to resubmit after assessing its ability to meet FDA requirements. This has led to a decrease in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:30 am

FCN

FTI Consulting Inc (NYSE:FCN) has expanded its partnership with Relativity to provide the cloud-based e-discovery solution RelativityOne in Germany and Ireland. The expansion continues the growth of FTI Technology's Relativity managed e-discovery services and RelativityOne offerings throughout North America, South America, Europe and Asia. The move is expected to enhance FTI Technology's ability to help clients manage data obstacles.

Portfolio Pulse from Shivani Kumaresan

September 19, 2023 | 10:25 am

APOG

Apogee Enterprises expects its net sales for fiscal 2023 to be flat or slightly declining. The company also anticipates capital expenditures in fiscal 2024 to be between $50M-$60M.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:13 am

KNTE

HC Wainwright & Co. analyst Robert Burns has downgraded Kinnate Biopharma from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 10:07 am

AMZN

BFYW

Better For You Wellness, Inc. (BFYW) is set to acquire The Ideation Lab (TIL) and its subsidiaries, including Jordre Well and its CBD coffee brand, in a deal valued at $3 million. The transaction will be conducted entirely in BFYW stock, with TIL shareholders receiving preferred shares. TIL's products have secured sales channels at Kroger (KR), Amazon (AMZN), and various resorts and retailers. The transaction is expected to conclude by November 15, 2023.

Portfolio Pulse from Maureen Meehan

September 19, 2023 | 10:00 am

ARM

BETR

EQX

FREY

LLAP

NIO

RKLB

Several stocks including Rocket Lab USA, Terran Orbital Corporation, Equinox Gold Corp., Better Home & Finance Holding Company, NIO Inc., FREYR Battery, and Arm Holdings plc recorded losses in Tuesday's pre-market trading session. Rocket Lab USA's shares dipped due to technical issues in its 41st mission. Terran Orbital Corporation's shares declined after pricing its public offering. Equinox Gold Corp.'s shares slipped after reporting a bought deal offering of convertible senior notes. Better Home & Finance Holding Company's shares declined after gaining around 4% on Monday. NIO Inc.'s shares fell after announcing a proposed offering of $1 billion convertible senior notes. FREYR Battery's shares declined, and Arm Holdings plc's shares fell after Redburn Atlantic initiated coverage with a Neutral rating and a price target of $50.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 9:59 am

CNHI

Evercore ISI Group analyst David Raso has downgraded CNH Industrial (NYSE:CNHI) from Outperform to In-Line and lowered the price target from $16 to $14.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 9:46 am