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AMZN

PLUG

Plug Power Inc (NASDAQ:PLUG) stock is trading higher after completing its first electrolyzer installation at an Amazon.com Inc (NASDAQ:AMZN) fulfillment center. The one-megawatt system will produce low-carbon hydrogen to fuel over 225 hydrogen fuel cell-powered forklift trucks. Plug Power has deployed over 17,000 fuel cells at more than 80 Amazon fulfillment centers in North America. The news reflects Plug Power's capabilities in the hydrogen value chain and its ongoing partnership with Amazon.

Portfolio Pulse from Adam Eckert

December 27, 2023 | 3:04 pm

OPT

Opthea Limited (NASDAQ:OPT) announced it expects to receive the remaining $35 million from Carlyle and Abingworth under a Development Funding Agreement, along with an additional $50 million from a new co-investor, totaling $170 million in funding. The funds will support Phase 3 clinical trials and pre-commercialization activities for sozinibercept, a treatment for wet age-related macular degeneration. Opthea's stock rose 15.10% to $2.90 following the news.

Portfolio Pulse from Vandana Singh

December 27, 2023 | 3:03 pm

IMXUSD

Immutable's cryptocurrency (IMX) has seen a 7.3% increase in price over the past 24 hours, reaching $2.49, and an 8.0% increase over the past week. The coin's all-time high is $9.52. Trading volume has risen by 2.0% and the circulating supply has increased by 0.94% to 1.30 billion, which is 64.82% of the max supply. IMX's market cap is now ranked #31 at $3.25 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:03 pm

LTCUSD

Litecoin (CRYPTO: LTC) has seen a 3.52% increase in price over the last 24 hours, reaching $75.7. Over the past week, the price has risen over 6%, from $71.59. The coin's all-time high is $410.26. Trading volume surged by 171% over the past week, and the circulating supply increased by 0.37% to 74.03 million, which is 88.13% of the max supply. Litecoin's market cap is currently ranked #19 at $5.63 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:02 pm

BCH-USD

Bitcoin Cash (CRYPTO: BCH) has seen a significant increase of 9.22% in its price over the past 24 hours, reaching $252.14. This uptrend is part of a larger 9.0% gain over the past week. Despite the recent rise, the price is still far from its all-time high of $3,785.82. The trading volume for Bitcoin Cash has surged by 166.0% over the past week, and the circulating supply has grown by 0.5%, now totaling 19.60 million coins, which is 93.32% of the maximum supply of 21.00 million. Bitcoin Cash currently holds the #22 market cap ranking at $4.94 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:02 pm

TTWO

Over the past 15 years, Take-Two Interactive (NASDAQ:TTWO) has produced an average annual return of 22.22%, outperforming the market by 10.72% on an annualized basis. A $1000 investment in TTWO 15 years ago would be worth $21,331.35 today. The company's current market capitalization stands at $27.38 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:01 pm

NKE

Over the past 15 years, Nike (NYSE:NKE) has delivered an average annual return of 15.0%, outperforming the market by 3.5% annually. A $1000 investment in NKE 15 years ago would be worth $8,470.59 today. Nike's market capitalization currently stands at $164.90 billion.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:01 pm

ETHUSD

Ethereum (CRYPTO: ETH) has seen a 4% increase in price over the last 24 hours, reaching $2,329.80, continuing a positive trend from the past week with a 2% gain. Despite a decrease in trading volume and circulating supply, Ethereum maintains a market cap ranking of #2 at $279.66 billion. The volatility of Ethereum's price is also depicted through Bollinger Bands in the provided chart.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 3:00 pm

CHRS

CING

FWBI

HALL

IOVA

ROI

U.S. stocks saw a slight increase with the Dow Jones gaining over 20 points. Coherus BioSciences, Inc. (NASDAQ:CHRS) announced FDA approval for UDENYCA ONBODY. First Wave BioPharma, Inc. (NASDAQ:FWBI) surged 236% after announcing a term sheet to sell its Niclosamide program. Cingulate Inc. (NASDAQ:CING) and RiskOn International, Inc. (NASDAQ:ROI) also saw significant gains. Hallmark Financial Services, Inc. (NASDAQ:HALL) and Iovance Biotherapeutics, Inc. (NASDAQ:IOVA) experienced declines, with HALL intending to delist from Nasdaq and IOVA facing an FDA clinical hold.

Portfolio Pulse from Avi Kapoor

December 27, 2023 | 2:56 pm