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Stock Prices

QSI

Quantum-Si's shares are trading lower following the company's worse-than-expected Q2 sales results.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:58 pm

BIIB

SAGE

The FDA has approved Sage Therapeutics Inc (SAGE) and Biogen Inc's (BIIB) Zurzuvae (zuranolone) 50 mg for adults with postpartum depression (PPD). The drug is the first oral, once-daily, 14-day treatment for PPD and is expected to be commercially available in Q4 2023. However, the FDA rejected the drug for the treatment of adults with major depressive disorder (MDD), stating that additional studies will be needed. The stocks of both companies might fall due to the smaller patient population for PPD.

Portfolio Pulse from Vandana Singh

August 07, 2023 | 12:57 pm

PSTX

Shares of Poseida Therapeutics have been halted due to pending code news.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 12:56 pm

ADTN

ADTRAN reported a year-over-year decrease in Q2 EPS results and worse-than-expected Q2 sales results, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:55 pm

GOOG

GOOGL

Gene Munster, a renowned tech analyst, has stated that Alphabet Inc.'s stock is poised for a significant Artificial Intelligence (AI) play over the next few years. This suggests that Alphabet's investments in AI could potentially drive its stock price higher.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:54 pm

CCO

Clear Channel Outdoor reported worse-than-expected Q2 financial results and issued Q3 revenue guidance below the consensus estimate, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:54 pm

NKLA

Nikola shares are trading higher following a dip on Friday due to an abrupt CEO transition and mixed second-quarter results. The stock is rebounding as investors regain confidence.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:51 pm

METX

Meten Holding Group Ltd. (NASDAQ:METX), a cryptocurrency mining company, has entered into subscription agreements with two foreign investors, Future Satoshi Ltd and an individual investor, for the issue and sale of 4 million ordinary shares at $0.25 per share, totaling $1 million. The company plans to use the proceeds to purchase additional mining machines to increase the computing power of its cryptocurrency mining fleet.

Portfolio Pulse from Happy Mohamed

August 07, 2023 | 12:51 pm

NNDM

Nano Dimension has announced a $227.5 million share repurchase plan, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2023 | 12:49 pm

BTCUSD

XRPUSD

Pro-XRP lawyer John Deaton expected Ripple's native token (XRP) to break $1 after a court ruling determined it is not considered security in certain circumstances. Despite a surge of over 75% in XRP following the ruling, it peaked at $0.84. The ruling was a significant development in the legal battle between Ripple and the SEC, which alleged that Ripple engaged in unregistered sales of XRP, considered by the agency to be a security. At the time of writing, XRP was trading at $0.61.

Portfolio Pulse from Mehab Qureshi

August 07, 2023 | 12:48 pm