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ACRDF

CHOOF

EVIO

HEMP

HUMBF

MLCT

On July 31, 2023, several marijuana stocks experienced significant price movements. Notable gainers included Hemp (OTC:HEMP), Acreage Holdings (OTC:ACRDF), and Malachite Innovations (OTC:MLCT), which saw their shares close up by 100.00%, 42.03%, and 40.95% respectively. On the other hand, Humble & Fume (OTC:HUMBF), EVIO (OTC:EVIO), and Choom Holdings (OTC:CHOOF) were among the biggest losers, with their shares closing down by 67.04%, 50.00%, and 44.44% respectively.

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 9:51 pm

NVNO

Envveno Medical has filed for a mixed shelf offering of up to $75 million.

Portfolio Pulse from Charles Gross

July 31, 2023 | 9:51 pm

EBS

Emergent Biosolutions has been awarded a 10-year contract by BARDA for the development of an Ebola treatment, leading to a rise in the company's shares.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:50 pm

BSGM

BioSig Technologies has entered into a securities purchase agreement with an investor, selling 1,467,624 shares of common stock at a price of $1.02206 per share. The agreement also includes a warrant to purchase up to 733,812 shares.

Portfolio Pulse from Charles Gross

July 31, 2023 | 9:49 pm

TREX

Trex Co shares are trading higher following the company's strong Q2 earnings report.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:48 pm

BABA

Truist analyst Youssef Squali reiterated a Buy rating on Alibaba Group Holding Limited (NYSE:BABA) with a price target of $130. Squali expects Alibaba's 2H performance to be bolstered by China's economic policies and international commerce. He anticipates a 9% Y/Y growth in total revenue in F1Q24 due to recovery in China Commerce. Alibaba's International Commerce is expected to achieve +24% Y/Y growth in 1Q24, bolstered by a recovering Europe and the U.S. market and rapid growth in Southeast Asia. Alibaba's management reshuffle and organizational restructuring are seen as positive moves for the company's growth.

Portfolio Pulse from Anusuya Lahiri

July 31, 2023 | 9:48 pm

WWD

Woodward Inc. reported better-than-expected Q3 results and issued strong guidance, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:48 pm

ANET

Arista Networks reported better-than-expected Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:46 pm

ZI

ZoomInfo's shares are trading lower following the company's issuance of weak guidance.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2023 | 9:46 pm

MLI

Mueller Industries, Inc. (NYSE:MLI) has filed a preliminary proxy statement with the SEC for a special meeting of shareholders to approve an increase in the total number of its authorized shares of Common Stock from 100 million to 250 million. The primary purpose of this amendment is to facilitate a stock split in the form of a stock dividend.

Portfolio Pulse from Happy Mohamed

July 31, 2023 | 9:44 pm