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Stock Prices

TSLA

Tesla CEO Elon Musk has stated that the company's robotaxi vehicles will look 'like the future', but did not provide further details. This comes amid rumors that the $25,000 Tesla car, nicknamed Model 2, and the robotaxi will have a Cybertruck-inspired design. Musk has been pushing back plans for the $25,000 electric vehicle in favor of the robotaxi, which he envisions as a fully autonomous vehicle. However, his aides have reportedly convinced him of the need for a cheaper EV and that Tesla could build both the Model 2 and the robotaxi on the same assembly lines.

Portfolio Pulse from Anan Ashraf

September 09, 2023 | 8:30 am

MNTS

Momentus Inc. (NASDAQ:MNTS), a U.S. commercial space company, has regained compliance with the Nasdaq minimum bid price requirement. The company's shares maintained a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, achieving compliance on September 7, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 10:59 pm

CMCSA

DIS

NBC Universal (NBCU) and The Walt Disney Company (Disney) have amended their agreement regarding Hulu, giving NBCU the option to require Disney to purchase its interest in Hulu at a redemption value based on ownership percentage or a guaranteed floor value of $27.5 billion. The put/call arrangement can be exercised in November 2023, with Hulu's equity fair value assessed as of September 30, 2023. If the parties cannot agree on the equity fair value, investment banking firms will be appointed to determine the value.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 10:57 pm

BNED

CNXA

SLNA

TRNR

During Friday's after-market session, several consumer discretionary stocks experienced significant movement. Selina Hospitality (SLNA), Connexa Sports Techs (CNXA), Kaival Brands Innovations (KAVL), EBET (EBET), Yoshiharu Global (YOSH), and CarParts.com (PRTS) saw their shares rise, while Interactive Strength (TRNR), Lixiang Education Hldg (LXEH), E-Home Household Service (EJH), Barnes & Noble Education (BNED), ToughBuilt Industries (TBLT), and Faraday Future (FFIE) experienced a decrease in their stock prices.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 9:31 pm

AXLA

CING

CLNN

TNON

During Friday's after-market session, several health care stocks experienced significant movement. Cingulate (CING), Clene (CLNN), Elutia (ELUT), Etao International Co (ETAO), Atossa Therapeutics (ATOS), and Renalytix (RNLX) saw their stocks rise, with Cingulate leading the gainers with a 19.4% increase. On the other hand, Tenon Medical (TNON), Axcella Health (AXLA), Alzamend Neuro (ALZN), NRX Pharmaceuticals (NRXP), Trevena (TRVN), and Inspire Veterinary (IVP) saw their stocks fall, with Tenon Medical leading the losers with a 30.3% decrease.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 9:31 pm

DSS

LASE

NEOV

PPSI

During Friday's after-market session, several industrials stocks experienced significant movement. NeoVolta, Laser Photonics, Nxu, Xos, JanOne, and Amprius Technologies saw their stocks rise by 9.8%, 8.96%, 5.13%, 5.0%, 4.89%, and 4.59% respectively. On the other hand, DSS, Pioneer Power Solutions, Astra Space, WANG & LEE Group, Dragonfly Energy Hldgs, and Hydrofarm Holdings Group saw their stocks decline by 7.4%, 4.39%, 4.14%, 3.97%, 2.9%, and 2.53% respectively.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 9:31 pm

ARBK

CTM

CYN

DATS

KERN

KLTR

LIDR

MOB

REKR

SATX

SDIG

VHC

During Friday's after-market session, several information technology stocks experienced significant movement. Mobilicom (NASDAQ:MOB), Akerna (NASDAQ:KERN), VirnetX Holding (NYSE:VHC), Castellum (AMEX:CTM), Kaltura (NASDAQ:KLTR), and Stronghold Digital Mining (NASDAQ:SDIG) saw gains, while AEye (NASDAQ:LIDR), Argo Blockchain (NASDAQ:ARBK), SatixFy Communications (AMEX:SATX), Rekor Systems (NASDAQ:REKR), Cyngn (NASDAQ:CYN), and DatChat (NASDAQ:DATS) experienced losses.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 9:31 pm

CGC

CRBP

MPXOF

NEPT

The cannabis sector experienced significant movement on September 8, 2023. Notable gainers included Neptune Wellness Solns (NASDAQ:NEPT) with a 3732.62% increase, GreenGro Technologies (OTC:GRNH) up 38.89%, and Canopy Gwth (NASDAQ:CGC) up 22.61%. On the other hand, MPX International (OTC:MPXOF) shares dropped by 92.00%, AusCann Group Holdings (OTC:ACNNF) fell by 71.67%, and Corbus Pharmaceuticals (NASDAQ:CRBP) decreased by 4.25%.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 9:30 pm

AAMC

Altisource Asset Management Corporation (AAMC) has announced a 70% stock dividend in lieu of a previously reported 2 for 1 stock split. The move is aimed at achieving compliance with the NYSE's listing requirement of a minimum level of 1,100,000 publicly held shares. The company also announced the appointment of Richard Rodick as the new CFO, succeeding Stephen Krallman who is resigning effective September 14, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 9:04 pm

AIH

Aesthetic Medical International Holdings Group Limited (NASDAQ:AIH) has received a notification from Nasdaq stating that it is not in compliance with the minimum bid price requirement for continued listing. The company has until March 4, 2024, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. If not, it may face delisting. The company is considering measures to improve its financial position and results of operations to address this issue.

Portfolio Pulse from Benzinga Newsdesk

September 08, 2023 | 9:03 pm