Streetbeat News

Stock Prices

CLEU

Trading on the stock of China Liberal Education Holdings Limited (CLEU) has been halted at 7:50:00 p.m. ET due to pending news. The halt is in place to ensure a fair and orderly market until the news is released.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 12:50 am

AMZN

IRBT

The EU competition watchdog is likely to reject Amazon's $1.7-billion acquisition of iRobot, known for Roomba vacuum cleaners. The decision could halt Amazon's expansion, and iRobot's stock dropped over 40% after-hours following a 14.23% drop in the regular session. Amazon missed a deadline to propose remedies for competition concerns, and the final decision is expected by Feb. 14. iRobot shares fell to $14.08 in after-hours trading.

Portfolio Pulse from Michael Cohen

January 18, 2024 | 11:30 pm

BEDU

Bright Scholar (NYSE: BEDU) announced the resignation of Hongru Zhou as CEO due to personal reasons. Zhou will continue as Chairperson. Ruolei Niu, previously CFO, has been appointed as the new CEO, and Hui Zhang, former financial director, is now the CFO, effective January 18, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 11:03 pm

JBLU

PENN

SAVE

Spirit Airlines, Inc. (SAVE) experienced significant volatility, hitting 52-week lows after a federal judge blocked its acquisition by JetBlue Airways Corporation (JBLU). Dave Portnoy, founder of Barstool Sports, recently re-acquired from PENN Entertainment (PENN), bought a substantial amount of SAVE stock, which dropped 25% immediately following a restructuring announcement. However, the stock rebounded, closing at $5.70, with Portnoy ending up 5% on his position. SAVE shares are down 62% over the last five days.

Portfolio Pulse from Chris Katje

January 18, 2024 | 11:02 pm

BOWNR

Trading for BOWNR has been halted at 5:55:05 p.m. ET due to pending news. No further details are provided about the nature of the news or when trading will resume.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:55 pm

BOWN

Trading for BOWN has been halted at 5:55:05 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material news.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:55 pm

BOWNU

Trading on the stock BOWNU has been halted at 5:55:05 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of significant news.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 10:55 pm

FNB

F.N.B. Corporation (NYSE:FNB) saw its stock price fall in after-hours trading following the release of its Q4 financial results. Despite beating earnings per share estimates with $0.38 compared to the expected $0.35, the company's revenue of $337.10 million fell short of the $403.83 million analyst forecast. Year-over-year, earnings decreased by 13.64% from $0.44 per share. However, total loans and leases grew by 6.8% to $2.1 billion. The company highlighted a record full-year operating earnings, record revenue, and a significant increase in tangible book value per share. F.N.B. also mentioned balance sheet actions aimed at enhancing future profitability and capital positioning as they move into 2024. After the report, FNB shares dropped by 6.09% to $12.25.

Portfolio Pulse from Ryan Gustafson

January 18, 2024 | 10:40 pm

BTC-USD

ETH-USD

MATIC-USD

Former President Donald Trump has launched a third NFT collection, 'The MugShot Edition,' which includes physical editions and Bitcoin Ordinals. The collection, minted on the Polygon network, can be purchased with Ethereum or a credit card. Buyers of 100 NFTs receive a Bitcoin Ordinal and other perks, such as dinner gala invitations at Mar-a-Lago. The first two collections sold out, but the third has not, with 47,479 of 100,000 NFTs sold. The floor price of the first collection increased after Trump's early lead in the 2024 Republican nomination.

Portfolio Pulse from Chris Katje

January 18, 2024 | 10:28 pm

DOGEUSD

SHIBUSD

TRXUSD

Shiba Inu (CRYPTO: SHIB) saw a 551% surge in whale transaction volumes, with Robinhood accumulating 231 billion SHIB. Daily transactions increased, and a wallet linked to TRON's Justin Sun withdrew 79.4 billion SHIB from Binance. Fundamental developments, such as the SHIB Name Token and Ryoshi Network's use of SHIB as a gas token, could improve SHIB's performance. Shiba Inu is the 16th most valuable cryptocurrency with a $5.4 billion market cap.

Portfolio Pulse from Khyathi Dalal

January 18, 2024 | 10:09 pm