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VMD

Viemed Healthcare, Inc. (VMD) has received approval to voluntarily delist its common shares from the Toronto Stock Exchange (TSX) to centralize trading on NASDAQ. The delisting will be effective after market close on December 21, 2023. This move aims to consolidate trading volumes, enhance market efficiency, and increase long-term liquidity and shareholder value on NASDAQ. Viemed's shares will continue to trade on NASDAQ under the symbol 'VMD', and Canadian shareholders will still be able to trade through their brokers on NASDAQ.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:02 pm

KTRA

Kintara Therapeutics, Inc. (NASDAQ:KTRA) has announced that its Board of Directors is exploring strategic alternatives to maximize stockholder value. The company has engaged Ladenburg Thalmann & Co. Inc. as its financial advisor to assist in this process. There is no certainty that this will result in any transaction, and Kintara will not provide further updates unless a specific action is approved.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:02 pm

SOUN

SoundHound AI, Inc. (NASDAQ:SOUN) has announced a definitive merger agreement to acquire SYNQ3 Restaurant Solutions, aiming to become the largest voice AI provider for restaurants. The deal, valued at $25M over three years with potential additional consideration based on revenue targets, will expand SoundHound's market reach to over 10,000 restaurant locations. The merger combines SoundHound's AI innovation with SYNQ3's industry expertise, offering a broad suite of AI products and enhancing AI models with data from over 50 million interactions. The transaction is expected to close in the first quarter of next year, with further details to be provided in SoundHound's fourth quarter 2023 earnings call.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:01 pm

SPHR

Sphere Entertainment (NYSE:SPHR) has received 4 analyst ratings in the last quarter, with 2 bullish and 2 indifferent, and no bearish ratings. The average price target is $34.25, representing an implied upside from the current price of $32.22. This target has increased by 14.17% from the previous target of $30.00. Analyst ratings are opinions based on financial analysis and are meant to guide investors.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:00 pm

CHPT

ChargePoint Holdings (NYSE:CHPT) has received 10 analyst ratings in the last quarter, with 4 bullish, 3 somewhat bullish, and 3 indifferent. The average price target is $5.92, which is significantly higher than the current price of $2.0099, suggesting a potential upside. However, this target represents a 38.14% decrease from the previous target of $9.57. Analysts use various data sources to provide these ratings, which are opinions and not guarantees of performance.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:00 pm

MOMO

Hello Gr (NASDAQ:MOMO) is scheduled to release its quarterly earnings report on Friday, 2023-12-08. Analysts predict an EPS of $0.35. Investors will be looking for an earnings beat and positive guidance for the next quarter. Historically, Hello Gr has surpassed EPS estimates, resulting in varied stock price reactions. Shares are currently trading at $6.59, down 25.08% over the last 52 weeks. Market sentiment may be bearish ahead of the earnings release.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:00 pm

WDAY

Over the past 10 years, Workday (NASDAQ:WDAY) has produced an average annual return of 13.05%, outperforming the market by 3.23% on an annualized basis. A $1000 investment in WDAY a decade ago would now be worth $3,361.14. Workday's current market capitalization stands at $70.43 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:00 pm

URI

United Rentals (NYSE:URI) has significantly outperformed the market with an average annual return of 32.52% over the past 15 years. A $100 investment in URI 15 years ago would be worth $6,996.18 today. The company's current market capitalization stands at $32.29 billion.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:00 pm

JOUT

Johnson Outdoors (NASDAQ:JOUT) is expected to release its quarterly earnings report on Friday, 2023-12-08, with an estimated EPS of $-0.32. Investors are looking for an earnings beat and positive guidance for future growth. Historically, JOUT's stock price has shown mixed reactions to past earnings results. The stock is currently trading at $53.72, down 21.0% over the last 52 weeks. The upcoming earnings report could influence the stock's performance, especially if the company's financial results or guidance differ from market expectations.

Portfolio Pulse from Benzinga Insights

December 07, 2023 | 2:00 pm

GME

GameStop's stock price is trading lower following the release of their Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:57 pm