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SCWO

374Water (NASDAQ:SCWO) is set to join the Russell 3000 and Russell Microcap Indexes on June 26, marking a significant milestone for the sustainable technology company. This inclusion will improve the company's visibility and liquidity, and open doors to strategic partnerships.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 12:07 pm

SCPH

scPharmaceuticals Inc. (NASDAQ: SCPH) expects to be added to the Russell 2000 and Russell 3000 Indexes at the conclusion of the annual reconstitution, effective on June 26, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 12:06 pm

BIVI

BioVie Inc. (BIVI) is set to join the Russell 2000 and Russell 3000 indexes, which could lead to increased visibility and trading volume for the stock.

Portfolio Pulse from Bill Haddad

June 23, 2023 | 12:05 pm

NKLA

Nikola Corp (NASDAQ:NKLA) completed its second day of test road trips for its hydrogen-powered fuel cell truck and trailer, despite weak demand and an ongoing founder dispute. The company has already started delivering its Tre BEVs, with hydrogen FCEVs expected to begin deliveries in Q4. Nikola is facing a potential delisting from Nasdaq due to its failure to meet minimum stock price requirements.

Portfolio Pulse from Anan Ashraf

June 23, 2023 | 12:02 pm

GSK

SNY

GSK has confidentially settled its first Zantac-associated cancer lawsuit with James Goetz, which was due for trial next month. The company faces approximately 3,000 lawsuits related to the heartburn drug. Meanwhile, Sanofi announced that the tribunal dismissed Boehringer Ingelheim's indemnification claim against it in a related dispute.

Portfolio Pulse from Vandana Singh

June 23, 2023 | 11:58 am

AAPL

The 16-inch MacBook Pro with M1 chipset is now available at a $950 discount on Adorama, priced at $1,949 for the 512GB configuration. The deal is applicable only on the gray color option and features 32GB of RAM, a 10-core processor, and 16-core graphics.

Portfolio Pulse from Rounak Jain

June 23, 2023 | 11:57 am

MSGE

Madison Square Garden Entertainment (MSGE) announced the pricing of a 5.25 million share offering by Sphere Entertainment at $31 per share. The shares are expected to be delivered on June 27, 2023, with a 30-day option for underwriters to purchase an additional 787,500 shares.

Portfolio Pulse from Charles Gross

June 23, 2023 | 11:51 am

ACST

Acasti Pharma reported Q4 losses of $(0.95) per share, a 2275% decrease from $(0.04) YoY. The company's cash balance stands at $27.9 million, down from $43.7 million last year.

Portfolio Pulse from Benzinga Newsdesk

June 23, 2023 | 11:47 am

LULU

Lululemon Athletica is struggling to find a buyer for its fitness product Mirror, despite lowering the price by around 90% to $58 million. The company purchased Mirror for $500 million in June 2020 and has been trying to offload the sinking asset.

Portfolio Pulse from Lekha Gupta

June 23, 2023 | 11:45 am

CRSR

IVAC

MEI

SEDG

SKYT

The top 5 oversold tech stocks in Q2, based on RSI values, are Corsair Gaming (CRSR), Intevac (IVAC), SolarEdge Technologies (SEDG), SkyWater Technology (SKYT), and Methode Electronics (MEI). These companies have recently reported financial results and have RSI values near or below 30, indicating potential undervaluation.

Portfolio Pulse from Lisa Levin

June 23, 2023 | 11:41 am