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Stock Prices

IVA

Inventiva announced that its Phase II clinical trial evaluating lanifibranor in patients with T2D and NAFLD achieved its primary efficacy endpoint, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 9:11 pm

COPX

ERO

FCX

FLMMF

SCCO

Copper prices surged over 2%, hitting one-month highs, driving the Global X Copper Miners ETF (COPX) up by 2.6%. The rise is attributed to China's fiscal shift, with the PBOC cutting the seven-day reverse repurchase rate by 10 basis points. Copper mining stocks, including FCX, FLMMF, ERO, and SCCO, experienced significant gains.

Portfolio Pulse from Piero Cingari

June 13, 2023 | 9:10 pm

QQQ

SPY

UUP

The Federal Reserve is expected to hold interest rates steady at the 5%-5.25% range during the June FOMC meeting. Investors will focus on Fed Chair Jerome Powell's comments and the Fed's median interest rate projections for 2023 and 2024. Market reactions will depend on whether the Fed adopts a dovish or hawkish stance.

Portfolio Pulse from Piero Cingari

June 13, 2023 | 9:03 pm

MVIS

MicroVision plans to offer and sell shares of its common stock in a $75 million public offering. The company also expects to grant underwriters a 30-day option to purchase up to an additional $11.25 million of its common stock at the public offering price, less the underwriting discount.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:57 pm

RDNT

RadNet announced a proposed $475 million underwritten public offering of common stock, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:57 pm

CTLT

Catalent has regained compliance with the NYSE continued listing standards, receiving official written notification from the NYSE.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:55 pm

BTCUSD

COIN

Binance is reportedly close to reaching a deal with the SEC to avoid a full asset freeze, according to Bloomberg. This development could have implications for the cryptocurrency market and related stocks such as Coinbase (COIN).

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:50 pm

MVIS

MicroVision Inc (NASDAQ:MVIS) filed for a mixed shelf offering, which may include common stock, preferred stock, and warrants. The size of the offering was not disclosed. The stock has been up more than 120% over the last month, with high short interest of 27.07%.

Portfolio Pulse from Adam Eckert

June 13, 2023 | 8:45 pm

EQC

Equity Commonwealth (EQC) has announced an additional $150 million share repurchase authorization, increasing the company's total repurchase capacity.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:38 pm

CACO

Caravelle (CACO) has received a Nasdaq notification regarding minimum bid price deficiency. The company has 180 days, until December 4, 2023, to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:35 pm