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INFI

Infinity Pharmaceuticals has received a delisting determination letter from Nasdaq. The company's stock will be suspended on September 14, unless it requests a review of this decision. However, the company does not plan to request a review.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:16 pm

AVTX

KULR

WKHS

Shares of several companies including Avalo Therapeutics, Workhorse Group, Super League Enterprise, Bit Brother, Mainz Biomed, Rocket Pharmaceuticals, Creative Medical Technology Holdings, FaZe Holdings, DIRTT Environmental Solutions, and Axcella Health are trading higher in pre-market. On the other hand, shares of KULR Technology Group, Nature Wood Group, Evolution Petroleum Corporation, Kaixin Auto Holdings, Genetic Technologies, OKYO Pharma, Canopy Growth Corporation, Impel Pharmaceuticals, Spectral AI, and WeWork are trading lower.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 12:16 pm

AAPL

ERIC

SSNLF

XIACF

XIACY

Huawei Technologies has reached a global patent cross-licensing deal with Xiaomi Corp, resolving a patent licensing dispute between the two. The deal covers communication technologies, including 5G. Huawei also has patent license agreements with Oppo, Samsung Electronics, and Ericsson. Meanwhile, Apple has reduced the prices for its iPhone 14 series in China following the launch of the iPhone 15 lineup. Morgan Stanley does not see Huawei's re-emergence into the 5G smartphone market as a threat to Apple.

Portfolio Pulse from Anusuya Lahiri

September 13, 2023 | 12:14 pm

AWH

Aspira Women's Health has regained compliance with the Nasdaq Stock Market's requirement for the market value of listed securities. The company received a written notice from Nasdaq confirming this.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:13 pm

CBRL

Cracker Barrel Old Country Store forecasts its Q1 FY24 sales to be between $800M and $850M, compared to the estimated $848.54M.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 12:04 pm

BABA

FXI

KWEB

Alibaba Group Holding Limited (BABA) stock traded lower in line with broader indexes iShares China Large-Cap ETF (FXI) and KraneShares Trust KraneShares CSI China Internet ETF (KWEB). Alibaba announced plans to offer public access to its AI model Tongyi Qianwen, indicating regulatory approval. The company also announced a leadership change in its cloud business, with Eddie Wu taking over as interim Chair and CEO.

Portfolio Pulse from Anusuya Lahiri

September 13, 2023 | 12:01 pm

RCKT

Rocket Pharmaceuticals (NASDAQ:RCKT) has received 5 bullish analyst ratings in the last quarter, with an average 12-month price target of $53.8, a decrease of 0.37% from the previous average price target of $54.00.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 12:01 pm

MIRM

Over the past 3 months, 6 analysts have published their opinion on Mirum Pharmaceuticals (NASDAQ:MIRM) stock, all of them being bullish. The average 12-month price target for the stock is $72.33, a decrease of 4.51% from the previous average price target of $75.75.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 12:01 pm

FTNT

In the last quarter, Fortinet (NASDAQ:FTNT) received 23 analyst ratings, with 6 being bullish, 13 somewhat bullish, and 4 indifferent. The average price target is $82.35, implying an upside from the current price of $63.5. This average has increased by 0.82% from the previous average price target of $81.68.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 12:01 pm

KHC

Over the past quarter, Kraft Heinz (NASDAQ:KHC) has received 3 bullish and 4 indifferent ratings from analysts. The average 12-month price target for the company is $40.29, representing an 8.85% decrease from the previous average price target of $44.20.

Portfolio Pulse from Benzinga Insights

September 13, 2023 | 12:00 pm