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Stock Prices

REPL

Barclays analyst Peter Lawson has maintained an Overweight rating on Replimune Group (NASDAQ:REPL) but has reduced the price target from $50 to $13.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:36 am

DAL

Delta Air Lines has reaffirmed its financial outlook for the December quarter and full year 2023, as previously provided on October 12, 2023, according to a recent filing.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:36 am

GIII

Barclays analyst Paul Kearney has maintained an Equal-Weight rating on G-III Apparel Group (NASDAQ:GIII) and increased the price target from $23 to $30. This adjustment reflects a more positive outlook on the company's stock value.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:17 am

CDIO

Cardio Diagnostics Holdings, Inc. (CDIO) has regained compliance with Nasdaq's minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company received a notification from Nasdaq on December 5, 2023, confirming that it meets the Minimum Bid Requirement set forth in Nasdaq Listing Rule 5550(a)(2).

Portfolio Pulse from Charles Gross

December 06, 2023 | 11:13 am

DWAC

Digital World Acquisition Corp. (DWAC) has extended the deadline to complete its initial business combination from December 8, 2023, to March 8, 2024, as announced by its Board of Directors on Tuesday.

Portfolio Pulse from Charles Gross

December 06, 2023 | 11:08 am

RCFA

Blue Gold has entered into a business combination agreement with RCF Acquisition Corp. (RCFA), which is expected to result in Blue Gold becoming a publicly traded company on the New York Stock Exchange. The transaction is aimed at facilitating Blue Gold's strategy to acquire and invest in top-tier gold assets within Ghana's Ashanti gold belt. The merger is anticipated to be completed in the second quarter of 2024.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:07 am

ASAN

HSBC analyst Stephen Bersey has downgraded Asana (NYSE:ASAN) from Hold to Reduce while maintaining the price target at $18.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:03 am

RCM

R1 RCM, a healthcare revenue cycle management company, has agreed to acquire Acclara Solutions, a patient revenue cycle management firm, for $675 million in cash along with warrants to purchase 12.2 million shares of R1 RCM stock.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 11:02 am

COIN

MARA

Coinbase (NASDAQ:COIN) and Marathon Digital (NASDAQ:MARA) stocks have seen significant increases following the rise in Bitcoin's value, with COIN up 74% in the past month and MARA up 2.83% on a recent Tuesday. When Bitcoin reached $42,000, COIN and MARA stocks rose 5.48% and 8.47%, respectively, from December 1 to December 4. The correlation between COIN and MARA stocks is very high, with a coefficient of determination (R^2) of 1.0.

Portfolio Pulse from Mehab Qureshi

December 06, 2023 | 11:00 am

BTC

ETH

Traders are showing increased interest in Ether (CRYPTO: ETH) over Bitcoin (CRYPTO: BTC), as indicated by derivatives market metrics. Ether futures on the Chicago Mercantile Exchange (CME) have seen a 30% increase in dollar value locked, reaching $711 million, surpassing Bitcoin's 19% growth. Ether futures are trading at a 5% higher premium than Bitcoin, and there's a stronger preference for Ether calls over Bitcoin puts in the options market. This shift occurs despite institutional investors' previous preference for Bitcoin, with 50% of their asset portfolios allocated to Bitcoin in September.

Portfolio Pulse from Benzinga Neuro

December 06, 2023 | 10:57 am