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COSM

Cosmos Health Inc. (NASDAQ:COSM) reported Q2 revenues of $12.36 million, down 6.4% Y/Y. The company reported adjusted EPS of $0.01, compared to a $(0.35) loss in the prior year. Revenues were affected by unfavorable USD to EUR and GBP exchange rate movements. Adjusted EBITDA was $0.23 million, lower than $0.299 million a year ago. Net loss in the quarter narrowed to $(0.98) million from $(1.24) million loss a year ago. COSM shares are trading higher by 3.7% to $1.39.

Portfolio Pulse from Nabaparna Bhattacharya

August 15, 2023 | 1:40 pm

AAMC

Trading of shares for Altisource Asset Management Corp (AAMC) has resumed.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 1:40 pm

GLTO

Galecto Inc (NASDAQ:GLTO) announced that its Phase 2b GALACTIC-1 trial for inhaled GB0139 for idiopathic pulmonary fibrosis (IPF) did not meet its primary endpoint. The company plans to discontinue the development of GB0139 and will focus on severe liver diseases. Galecto plans to initiate Phase 2a GULLIVER-3 trial evaluating GB1211 in patients with decompensated NASH cirrhosis in early 2024. GLTO shares are down 57.30% at $1.00.

Portfolio Pulse from Vandana Singh

August 15, 2023 | 1:39 pm

GLTO

Shares of Galecto (GLTO) were halted on a circuit breaker to the upside, but the stock is now down by 57.3%.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 1:37 pm

VFS

Shares of VinFast Auto (VFS) were halted due to a circuit breaker triggered by a significant drop in the stock's price.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 1:33 pm

CTV

EFSH

FTEK

VINC

Insiders at Innovid Corp. (CTV), Vincerx Pharma, Inc. (VINC), Fuel Tech, Inc. (FTEK), and 1847 Holdings LLC (EFSH) have recently acquired shares, indicating their confidence in the companies' prospects. Innovid and Vincerx posted better-than-expected sales and narrower losses respectively, while Fuel Tech and 1847 Holdings reported wider-than-expected losses.

Portfolio Pulse from Lisa Levin

August 15, 2023 | 1:28 pm

UP

Trading of shares for Wheels Up Experience has been halted due to pending news.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 1:21 pm

LYFT

Lyft's Director, Dave Stephenson, has purchased 8,826 shares at an average price of $11.33 per share, according to a Form 4 filing with the SEC.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 1:19 pm

LYFT

Lyft's CEO, Risher John David, has purchased 100,000 shares of the company at an average price of $11.46 per share, according to a Form 4 filing with the SEC.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 1:18 pm

RKLB

Rocket Lab USA Inc (NASDAQ:RKLB) announced a double-launch deal with NASA for a climate change research-focused mission, PREFIRE, set to launch in 2024. The mission will study radiation in the Arctic to understand its impact on climate modeling and forecasting. This represents the seventh and eighth missions Rocket Lab has launched for NASA since 2018. The company's shares were up about 3% after hours before pulling back.

Portfolio Pulse from Adam Eckert

August 15, 2023 | 1:17 pm