Streetbeat News

Stock Prices

ASLE

AerSale's stock price has declined following the announcement of a secondary offering of 4 million shares. This offering could dilute existing shareholders' equity and potentially put downward pressure on the stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:52 pm

RPHM

Shares of Reneo Pharmaceuticals were halted due to a circuit breaker after plummeting by 83.2%. The significant drop in stock price triggered market mechanisms designed to prevent free-fall in individual securities.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:52 pm

JBL

Jabil Inc. reported higher than expected Q1 earnings, leading to an increase in its stock price.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:51 pm

DECK

Deckers Outdoor's stock (DECK) trades lower following a downgrade from Buy to Hold by Stifel, despite an increase in the price target from $600 to $709.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 2:50 pm

VCIG

VCI Global Ltd (NASDAQ:VCIG) shares surged after announcing its fintech arm, Accuventures Sdn Bhd, will acquire Malaysian digital platform EVOLET. The acquisition aims to give VCI Global access to the local remittance market, leveraging EVOLET's services for the unbanked and its 13,000 users from 13 countries in Malaysia. The digital remittances market in Malaysia is projected to grow significantly by 2026. VCI Global plans to integrate its AI-powered micro-financing platform, Credilab, with EVOLET to target foreign workers for financing. VCIG's stock rose 16.2% to $2.64.

Portfolio Pulse from Shivani Kumaresan

December 14, 2023 | 2:49 pm

CIF

Mfs Intermediate High Inc (NYSE:CIF) announced a monthly dividend of 1.41 cents per share, with the ex-dividend date being Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on December 29, 2023. The stock is expected to open 1.41 cents lower on Tuesday to reflect the dividend payout.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 2:45 pm

CXH

Mfs Investment (NYSE:CXH) announced a monthly dividend of 2.2 cents per share, with Monday being the last day for investors to buy the stock and be eligible for the dividend. The stock will go ex-dividend on Tuesday and is expected to open 2.2 cents lower to reflect the payout. The dividend will be paid on December 29, 2023.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 2:45 pm

RKLB

Rocket Lab USA Inc (NASDAQ:RKLB) shares are trading higher after the company announced it is preparing to launch its 42nd Electron mission, titled 'The Moon God Awakens,' no earlier than Dec. 15. The mission will carry a satellite for Earth imaging company the Institute for Q-shu Pioneers of Space from Rocket Lab's Launch Complex 1 in New Zealand. The satellite will collect high-resolution images of Earth and will use Rocket Lab's Mark II Motorized Lightband as its separation system, showcasing Rocket Lab's vertically integrated space systems strategy. At the time of publication, RKLB shares were up 4.06% at $5.13.

Portfolio Pulse from Adam Eckert

December 14, 2023 | 2:45 pm

MMT

MFS Multimarket IT (NYSE:MMT) has announced a monthly dividend payout of 3.21 cents per share. Monday is the last day for investors to buy the stock and be eligible for this dividend. The stock will go ex-dividend on Tuesday and is expected to open 3.21 cents lower. The dividend will be paid on December 29, 2023.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 2:45 pm

MFV

MFS Special Value (NYSE:MFV) announced a monthly dividend of 3.54 cents per share, with the ex-dividend date set for Tuesday. Shareholders owning the stock by the end of Monday are eligible for the dividend, which will be paid on December 29, 2023. The stock is expected to open 3.54 cents lower on the ex-dividend date.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 2:45 pm