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CHRS

Coherus BioSciences is acquiring Surface Oncology and has affirmed its FY23 guidance while issuing Q2 guidance. This announcement has led to a decline in Coherus BioSciences' share price.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:20 pm

WORX

SCWorx shares were halted on a circuit breaker to the downside, but the stock is now up 89%.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:18 pm

AMD

INTC

MRVL

NVDA

Morgan Stanley has revised its ranking of AI stocks, positioning Nvidia as its new top pick due to its potential for near-term growth in the AI sector. The firm upgraded price targets for Nvidia, AMD, Marvell Technology, and Intel Corporation.

Portfolio Pulse from AJ Fabino

June 16, 2023 | 3:15 pm

MOR

MorphoSys shares are trading higher after JP Morgan upgraded the stock from Underweight to Overweight and raised its price target from $3.3 to $10. Wells Fargo also initiated coverage with an Overweight rating and a $17 price target.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:15 pm

WORX

SCWorx shares resumed trading after a circuit breaker halt. The halt was triggered due to the stock's rapid price movement.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:11 pm

CLNN

Clene Inc. (NASDAQ:CLNN) shares dropped 13.81% after announcing a $40 million public offering of 50,000,000 shares and accompanying warrants at a combined price of $0.80. The offering is set to close on June 21, and the proceeds will be used for general corporate purposes, clinical development of CNM-Au8®, R&D, and regulatory activities.

Portfolio Pulse from Henry Khederian

June 16, 2023 | 3:11 pm

NAVB

Navidea Biopharmaceuticals' shares have been halted due to pending news.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:10 pm

MCK

Investor Business Daily's SwingTrader has purchased shares of McKesson Corporation (MCK), a healthcare supply chain management company.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:06 pm

PYPL

Senator Thomas H Tuberville has purchased between $500,002 and $1,000,000 worth of PayPal Holdings (NASDAQ:PYPL) stock on June 15, 2023, according to a Periodic Transaction Report from the U.S. Senate's Office. PayPal shares are trading down 0.13% at $65.77.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 3:06 pm

AMT

Senator John W Hickenlooper reported a sale of American Tower (NYSE:AMT) stock valued between $100,001 and $250,000 on June 15, 2023. American Tower shares are trading down 0.56% at $193.18.

Portfolio Pulse from Benzinga Insights

June 16, 2023 | 3:06 pm