Streetbeat News

Stock Prices

VFS

Shares of VinFast Auto are experiencing a decline due to continued volatility after its recent debut on Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 2:08 pm

BA

Boeing has announced that it expects 737 deliveries to be at the lower end of the 400-450 range, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 2:08 pm

PSNY

Polestar Automotive's stock has been downgraded by Barclays from Equal-Weight to Underweight, with the price target also being reduced from $5 to $3. This has resulted in the shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 2:08 pm

ASXC

NVDA

Asensus Surgical Inc (ASXC) shares are trading higher after the company announced a collaboration with NVIDIA Corp (NVDA). The collaboration aims to accelerate the development of Asensus's Intelligent Surgical Unit (ISU) and improve its ability to deliver clinical intelligence to surgeons. As part of the collaboration, both companies will have early access to relevant product roadmaps, fostering synergistic development.

Portfolio Pulse from Vandana Singh

September 07, 2023 | 2:07 pm

HKIT

Hitek Global Inc. (NASDAQ:HKIT) shares are experiencing volatility, with the stock rebounding after an 87% drop on Wednesday. The stock has seen regular trading halts and is moving on heavy trading volume, with over 6.3 million shares traded in the session. Despite a 14% rise, HKIT shares remain down by more than 80% over the last five days.

Portfolio Pulse from Erica Kollmann

September 07, 2023 | 2:06 pm

RCLF

Shares of Rosecliff Acquisition Corp I have resumed trading.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 2:06 pm

PODD

UBS has cut the price target for Insulet from $270 to $215, causing the company's shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 2:04 pm

FSR

Fisker Inc (NYSE:FSR) has announced that it is increasing its production of the Fisker Ocean from around 180 units per day to approximately 300 units per day in Q4. The company has built 3,123 vehicles so far and expects U.S. deliveries to accelerate this month. Despite the production update, Fisker's shares are down more than 15% year-to-date.

Portfolio Pulse from Adam Eckert

September 07, 2023 | 2:04 pm

BMY

TEVA

Bristol Myers Squibb Co (BMY) is facing a lawsuit from Blue Cross Blue Shield of Louisiana, accusing the company of using deceptive patents and illicit strategies to maintain its dominance in the blood cancer drug market with Pomalyst. The lawsuit alleges that BMY violated U.S. antitrust laws, leading to overpayment for Pomalyst. The lawsuit seeks damages equal to three times the alleged overcharge. In 2022, Pomalyst generated nearly $3.5 billion in revenue out of Bristol Myers' total of $46.16 billion.

Portfolio Pulse from Vandana Singh

September 07, 2023 | 2:03 pm

FMC

FMC Corp's shares are trading lower following a short report by Blue Orca Capital. The report cites FMC's non-disclosure of recent legal defeats that have allowed competitors to sell generics at up to 80% below the price of FMC's flagship insecticide.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 2:02 pm