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ASND

Ascendis Pharma has announced a public offering of $300 million of American Depositary Shares (ADSs), with an option for underwriters to purchase an additional $45 million. This move is likely to impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:05 pm

XCUR

Exicure shares rose after the company announced it received an extension from the Nasdaq Hearings Panel, which is likely to provide the company more time to meet listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:05 pm

XCUR

Exicure has received an extension from the Nasdaq Hearings Panel, allowing it more time to comply with Nasdaq's listing requirements. This development is crucial for Exicure as it works to maintain its listing status.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:02 pm

HYFM

Hydrofarm Holdings has been granted a 180-day extension by Nasdaq to comply with the minimum bid price rule. The new deadline for compliance is March 10, 2025.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:01 pm

MGM

MGM Resorts Intl's short interest has increased by 59.01%, with 17.67 million shares sold short, representing 7.68% of its float. This is higher than its peers' average of 4.43%. The rise in short interest suggests bearish sentiment, but it doesn't guarantee a price drop.

Portfolio Pulse from Benzinga Insights

September 18, 2024 | 8:01 pm

WYNN

Wynn Resorts (NYSE:WYNN) has seen a 10.51% increase in its short percent of float, now at 4.31%. This indicates a bearish sentiment among investors, although its short interest is below the peer group average of 4.57%.

Portfolio Pulse from Benzinga Insights

September 18, 2024 | 8:01 pm

VRTX

Vertex Pharmaceuticals (VRTX) has seen a 13.71% decrease in its short percent of float, now at 1.7%. This is lower than its peers' average of 6.15%. The decrease in short interest may indicate a more bullish sentiment towards the stock.

Portfolio Pulse from Benzinga Insights

September 18, 2024 | 8:00 pm

AMZN

CLIX

FDIS

ONLN

UPS

VCR

XLY

Amazon has announced a $1.50 hourly pay raise for its U.S. fulfillment and transportation workers, increasing the average base wage to $22 per hour. This move represents a $2.2 billion investment in its workforce. The announcement follows similar compensation trends by companies like UPS.

Portfolio Pulse from Michael Juliano

September 18, 2024 | 7:49 pm

SPY

The Federal Reserve's announcement of a rate cut is seen as positive news for Americans who have been affected by high prices. This decision may impact various sectors, including those represented by the SPDR S&P 500 ETF Trust (SPY).

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 7:43 pm