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SWTX

SpringWorks Therapeutics has received FDA approval for OGSIVEO (nirogacestat), making it the first and only approved treatment for adults with desmoid tumors. This marks a significant milestone for the company and offers a new therapeutic option for patients with this rare and often debilitating condition.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 11:05 pm

TRKA

Troika Media has received a delinquency notification from Nasdaq due to non-compliance with listing requirements. The company is at risk of being delisted if it fails to regain compliance within the given timeframe.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 10:49 pm

SDRL

Seadrill Limited has announced an additional $250 million share repurchase authorization, signaling confidence in the company's financial stability and a commitment to returning value to shareholders.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 10:28 pm

IBIO

The board of iBio has approved a 20-to-1 reverse stock split of its common stock, which is expected to begin trading on a split-adjusted basis on November 29, 2023, under the new CUSIP number 451033708.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 10:22 pm

ARGT

MELI

The Global X MSCI Argentina ETF (ARGT) has entered a bull market, surging over 20% after Javier Milei's presidential election win in Argentina. ARGT, with MercadoLibre Inc. (MELI) as its top holding, saw a $13 million inflow. Milei's Washington meetings with U.S. officials and international organizations are crucial for Argentina's economic path, focusing on hyperinflation and economic reforms.

Portfolio Pulse from Piero Cingari

November 27, 2023 | 10:16 pm

LCW

Learn CW Investment Corp. (LCW) has received a noncompliance notification from the NYSE because it has delayed filing its Form 10-Q. The company is required to submit the form to report its quarterly financial and business performance. The delay in filing could raise concerns among investors regarding the company's operational efficiency and compliance with regulatory requirements.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 10:12 pm

SPWR

SunPower Corporation received a notification from Nasdaq due to the delayed filing of its quarterly report on Form 10-Q. The company is required to submit a plan to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 10:06 pm

TSLA

Tesla Inc's (NASDAQ:TSLA) Model Y is on track to become the bestselling vehicle in Europe for 2023, having already sold 212,517 units in the first 10 months, leading the second place by 15,035 units. The Model Y's strong sales performance, making up 73% of Tesla's total European sales, could lead to it being the first electric vehicle, midsize car, premium car, and non-European car to achieve this status in the modern era. Tesla's stock has seen a significant increase, up over 115% year-to-date.

Portfolio Pulse from Chris Katje

November 27, 2023 | 10:01 pm

AVGO

VMW

Broadcom Inc. (NASDAQ:AVGO) shares have declined after a period of strength earlier in November, influenced by tech sector momentum, AI optimism, and positive financial results from peers. The pullback began last week following the completion of Broadcom's acquisition of VMware Inc (NYSE:VMW). Despite the recent decline, AVGO shares saw a marginal increase in the after-hours session.

Portfolio Pulse from Ryan Gustafson

November 27, 2023 | 9:45 pm

SUPV

Grupo Supervielle (NYSE:SUPV) reported a significant increase in Q3 adjusted earnings per share (EPS) to $0.35, up from a loss of $(0.04) in the same quarter last year. Adjusted sales also rose to $211.70 million, marking a 42.36% increase from $148.71 million in the previous year.

Portfolio Pulse from Benzinga Newsdesk

November 27, 2023 | 9:38 pm