Streetbeat News

Stock Prices

XXII

22nd Century Group, Inc plans to effect a reverse stock split of its outstanding shares at a ratio of 1-for-15 to regain compliance with the minimum bid price requirement of $1.00 per share for continued listing on Nasdaq. The company's shares will begin trading on a reverse stock split-adjusted basis on July 5, 2023. Following the news, XXII shares are trading lower by 29% in premarket.

Portfolio Pulse from Shivani Kumaresan

July 03, 2023 | 11:42 am

DWAC

Digital World Acquisition Corp. (NASDAQ:DWAC), the SPAC set to merge with Donald Trump’s Truth Social platform, saw gains in premarket trading on Monday. The uptick comes as rival social media platform Twitter faced backlash for limiting unregistered users’ access to tweets, creating an opportunity for Truth Social to attract disgruntled users. However, Digital World faces regulatory scrutiny and challenges in finalizing its merger with Truth Social, with recent insider trading allegations adding to its troubles.

Portfolio Pulse from Shanthi Rexaline

July 03, 2023 | 11:38 am

AMZN

GOOGL

NKE

SNOW

TGAN

Benzinga's Analyst Ratings API has identified five stock picks from Wall Street's most accurate analysts. The picks include Snowflake Inc. (SNOW) with a 14% upside, Alphabet Inc. (GOOGL) with a 4% upside, NIKE, Inc. (NKE) with a 16% upside, Transphorm, Inc. (TGAN) with a 32% upside, and Amazon.com, Inc. (AMZN) with a 19% upside.

Portfolio Pulse from Lisa Levin

July 03, 2023 | 11:32 am

XTNT

Xtant Medical has announced a private placement of 20 million shares at $0.75 per share, which will result in gross proceeds of $15 million.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 11:29 am

NKLA

Nikola Corporation's shares are trading higher due to the strength in the clean energy vehicles sector, following better-than-expected delivery numbers from Tesla.

Portfolio Pulse from Bill Haddad

July 03, 2023 | 11:24 am

BCHUSD

BLK

Bitcoin Cash (CRYPTO: BCH) surged 156% in June, outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). This surge was influenced by BlackRock Inc's (NYSE:BLK) application for a Bitcoin spot ETF with the SEC and the launch of EDX Markets. The upward trend was partly fueled by a short squeeze and an unexpected volume spike on the South Korean exchange, Upbit.

Portfolio Pulse from Mehab Qureshi

July 03, 2023 | 11:21 am

BYDDF

LI

NIO

XPEV

Chinese EV stocks are experiencing an increase in their trading values following the release of strong vehicle delivery numbers for June and Q2.

Portfolio Pulse from Bill Haddad

July 03, 2023 | 11:20 am

GLNCY

PLM

Glencore has made a non-binding offer to acquire PolyMet Mining Corp for $2.11 per share.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2023 | 11:19 am

FIS

Private equity firms are reportedly interested in acquiring a majority stake in Fidelity National Information Services' Worldpay unit, leading to a rise in FIS shares.

Portfolio Pulse from Bill Haddad

July 03, 2023 | 11:16 am

FSR

LCID

RIVN

TSLA

Shares of electric vehicle (EV) stocks are trading higher in sympathy with Tesla after it reported strong Q2 delivery numbers.

Portfolio Pulse from Bill Haddad

July 03, 2023 | 11:14 am