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SMWB

Similarweb shares are experiencing a decline following the announcement of a secondary offering, which may indicate continued weakness in the stock.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:16 pm

INTC

MBLY

VYM

XLK

Intel has secured approximately $2 billion in state aid from the European Commission for its new chip plant in Poland. The plant, initially announced in 2022, is expected to be completed by the end of 2024. Intel's stock has been down 50% over the past year, and the company is considering strategic stake sales in Mobileye and its Enterprise Networking division.

Portfolio Pulse from Anusuya Lahiri

September 13, 2024 | 6:15 pm

EAST

Eastside Distilling's shares are declining following the company's announcement of a $10 million mixed shelf offering.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:12 pm

BZFD

BuzzFeed shares are experiencing an uptick following reports that Netflix is in talks to add First We Feast's 'Hot Ones' to its platform.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:12 pm

MULN

Mullen Automotive's shares are declining following the announcement of a 1-for-100 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:11 pm

TSLA

Tesla is set for a significant October with third-quarter deliveries, earnings, and Robotaxi Day. Analyst George Gianarikas from Canaccord Genuity advises focusing on delivery figures before Robotaxi Day. He has adjusted his delivery estimates slightly downward but remains optimistic about Tesla's performance.

Portfolio Pulse from Chris Katje

September 13, 2024 | 6:08 pm

ALLR

Allarity Therapeutics shares rose following the appointment of a new CFO, indicating positive investor sentiment towards the leadership change.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:07 pm

SMMT

Summit Therapeutics shares rose following the announcement of raising $235 million in net proceeds.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:07 pm

FULC

Fulcrum Therapeutics shares declined following downgrades and reduced price targets from HC Wainwright & Co and RBC Capital.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:04 pm

NSC

Norfolk Southern shares are experiencing a decline in value following the announcement of a change in the company's CEO.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:03 pm