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The FDA has approved updated COVID-19 vaccines by Moderna and Pfizer-BioNTech to counter current viral strains, including the omicron variant. The vaccines are expected to be ready by fall. Novavax, another company in the race to update its COVID-19 vaccine, saw its shares fall almost 13% after the approval of Pfizer's and Moderna's vaccines.

Portfolio Pulse from AJ Fabino

September 11, 2023 | 8:57 pm

DDD

SSYS

3D Systems has proposed an enhanced offer to Stratasys, where each Stratasys share will convert into $7.00 in cash and ownership of 46% of the aggregate shares of the combined company. 3D Systems believes this consideration mix is worth more than $27 per share to Stratasys shareholders inclusive of synergies.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 8:56 pm

TRIB

Trinity Biotech has received a non-compliance notice from Nasdaq regarding its minimum bid price requirement. The company has until March 6, 2024, to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 8:51 pm

BDLP

BE

HYDR

PLUG

Barry Norris, founder and chief investment officer of Argonaut Capital Partners, has expressed skepticism about the sustainability of several business models in the hydrogen industry, predicting bleak returns in the near future. He has placed short bets against some of these firms, anticipating their stock prices will tumble. The Global X Hydrogen ETF (NASDAQ:HYDR) has seen a 40% decline over the last year. Its major players, Bloom Energy Corp. (NYSE:BE), Plug Power Inc. (NASDAQ:PLUG) and Ballard Power Systems Inc. (NASDAQ:BDLP), have suffered losses of 42%, 73%, and 50%, respectively.

Portfolio Pulse from Piero Cingari

September 11, 2023 | 8:48 pm

OGS

One Gas has announced a public offering of 1.2 million shares of its common stock.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 8:43 pm

AER

GE

AerCap (AER) has announced a secondary offering of 32.4 million ordinary shares by selling shareholder GE Capital US Holdings. The company also plans to repurchase 12.15 million shares. The selling shareholder is expected to grant the underwriters a 30-day option to purchase up to 4.86 million additional ordinary shares.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 8:43 pm

BLBD

Blue Bird Corporation (BLBD) has announced a secondary public offering of 2.5 million shares of selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 8:42 pm

SGHT

Sight Sciences, Inc. (NASDAQ:SGHT) shares traded lower after the company issued Q3 total revenue guidance below estimates and cut full-year 2023 revenue guidance below estimates. The company also announced the appointment of Matthew Link as its new CEO.

Portfolio Pulse from Ryan Gustafson

September 11, 2023 | 8:41 pm

AVO

Mission Produce's board has approved a stock repurchase program that allows the company to buy back up to $20 million of its common stock over the next 36 months.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 8:41 pm

ACELYRIN

Trading of ACELYRIN shares has resumed.

Portfolio Pulse from Bill Haddad

September 11, 2023 | 8:35 pm