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Stock Prices

GLMD

Galmed Pharmaceuticals Ltd. (NASDAQ:GLMD) has announced a public offering of 5.6 million shares and warrants at a purchase price of $1.25 per share. The gross proceeds from the offering are expected to be approximately $7 million. The offering is expected to close on July 18, 2023.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 1:31 pm

CRBU

PFE

Caribou Biosciences has raised $125 million through an upsized underwritten public offering of 19.2 million shares at $6.50 per share. This comes a week after Pfizer invested $25 million in the company. Caribou also reported long-term follow-up data from the dose escalation portion of the ongoing ANTLER Phase 1 trial of CB-010, an allogeneic anti-CD19 CAR-T cell therapy for relapsed or refractory B cell non-Hodgkin lymphoma.

Portfolio Pulse from Vandana Singh

July 14, 2023 | 1:28 pm

GIS

Argus Research analyst David Coleman has upgraded General Mills (NYSE:GIS) from Hold to Buy and set a price target of $90.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 1:23 pm

FREQ

Frequency Therapeutics Inc (NASDAQ:FREQ) and Korro Bio Inc have announced an all-stock merger. Frequency Therapeutics has discontinued its remyelination program for Multiple Sclerosis and is exploring strategic alternatives. If the program is not monetized before the merger, Frequency Therapeutics stockholders will be issued a contingent value right for each outstanding share. The combined company will focus on advancing Korro Bio's RNA editing programs and will trade on Nasdaq under the ticker symbol 'KRRO'. The merger is expected to close in Q4 2023.

Portfolio Pulse from Vandana Singh

July 14, 2023 | 1:22 pm

THRX

Theseus Pharmaceuticals Inc (NASDAQ:THRX) has decided to terminate the development of THE-630 for gastrointestinal stromal tumors (GIST) due to dose-limiting toxicities. The company will discontinue enrollment in the ongoing phase 1/2 study. The decision was made after observing hand-foot skin reactions in patients. The company is now prioritizing THE-349 for EGFR mutant non-small cell lung cancer and announced a new program targeting KIT for patients with early-line GIST. Following the news, THRX shares are down 65.50%.

Portfolio Pulse from Vandana Singh

July 14, 2023 | 1:19 pm

BBXIA

BOF

NVCT

Insiders at BranchOut Food Inc. (BOF), Nuvectis Pharma, Inc. (NVCT), and BBX Capital, Inc. (BBXIA) have recently made notable purchases of their companies' stocks. This could indicate their confidence in the companies' prospects or that they view the stocks as a bargain. However, insider purchases should not be the only indicator for making an investment or trading decision.

Portfolio Pulse from Lisa Levin

July 14, 2023 | 1:19 pm

BTB

Bit Brother Limited (NASDAQ:BTB) has announced a registered direct offering of 2 billion Class A Ordinary Shares at a purchase price of $0.25 per share, aiming to raise $50 million. The offering is expected to close on July 18, 2023.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 1:16 pm

ANGH

NFTG

SNAL

STGW

Several communication services stocks experienced significant movement in Friday's pre-market session. Stagwell (STGW), Anghami (ANGH), Brera Holdings (BREA), The9 (NCTY), Creative Realities (CREX), and IHS Holding (IHS) saw gains, while Snail (SNAL), NFT Gaming Co (NFTG), MultiMetaVerse Holdings (MMV), Angi (ANGI), and Starbox Group Hldgs (STBX) experienced losses.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 1:12 pm

AIMD

CRBU

FREQ

LIFW

MDRX

MNK

MNPR

NTRB

OKYO

PAVM

PTPI

THRX

During Friday's pre-market session, several health care stocks experienced significant movements. Ainos, Frequency Therapeutics, Nutriband, Monopar Therapeutics, Mallinckrodt, and OKYO Pharma saw increases in their stock prices, while Theseus Pharmaceuticals, Petros Pharma, Caribou Biosciences, PAVmed, MSP Recovery, and Veradigm experienced decreases.

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 1:12 pm

EFSH

HAYW

HIHO

NKLA

During Friday's pre-market session, 12 industrial stocks showed significant movement. Gainers included 1847 Holdings (AMEX:EFSH), Nikola (NASDAQ:NKLA), Intuitive Machines (NASDAQ:LUNR), Hyzon Motors (NASDAQ:HYZN), Sentage Hldgs (NASDAQ:SNTG), and ADS-TEC Energy (NASDAQ:ADSE). Losers included Hayward Holdings (NYSE:HAYW), Highway Holdings (NASDAQ:HIHO), Staffing 360 Solutions (NASDAQ:STAF), American Rebel Holdings (NASDAQ:AREB), Freight Technologies (NASDAQ:FRGT), and Ault Alliance (AMEX:AULT).

Portfolio Pulse from Benzinga Insights

July 14, 2023 | 1:12 pm