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Stock Prices

FWBI

First Wave Biopharma has achieved its enrollment target for the adrulipase Phase 2 SPAN trial, which focuses on exocrine pancreatic insufficiency in cystic fibrosis patients. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 11:15 am

LSEA

Landsea Homes' largest shareholder priced a secondary stock offering of 2.95 million shares at $7.50 per share, causing the stock to trade lower. Landsea Homes will purchase 443,478 shares from the offering.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 11:14 am

LSEA

Landsea Homes has upsized and priced its secondary offering of 2.95 million shares at $7.50 per share. The company will also repurchase 443,478 shares through participation in the offering.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 11:07 am

AAPL

ORCL

QQQ

SPY

TSLA

US stocks are poised for gains ahead of May's consumer price inflation data release, with small-cap stocks potentially catching up. Tech stocks led the market on Monday, with the Nasdaq Composite Index and the S&P 500 indices reaching 14-month highs. However, fund manager Louis Navellier warns that a global recession is still a possibility.

Portfolio Pulse from Shanthi Rexaline

June 13, 2023 | 11:06 am

BEPC

Brookfield Renewable Corp has acquired Duke Energy's utility-scale Commercial Renewables business for $2.8 billion, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 11:04 am

MANU

Manchester United shares are trading higher after reports of a successful acquisition bid by Qatari investors.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 11:00 am

ARKQ

ARKW

NVDA

TSM

Ark Invest, led by Cathie Wood, has made a semiconductor pair trade, buying 98,170 shares of Taiwan Semiconductor Manufacturing Company (TSM) valued at $10.51 million through its ARKQ ETF, while selling 20,111 shares of Nvidia (NVDA) for approximately $7.94 million through its ARKQ and ARKW ETFs.

Portfolio Pulse from Shanthi Rexaline

June 13, 2023 | 11:00 am

NIO

NIO shares are trading higher after the company announced a $4,200 price reduction for its vehicle models.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 10:57 am

BG

Bunge has agreed to merge with private company Viterra Limited in a stock and cash transaction, causing Bunge shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 10:53 am

HSBC

RY

HSBC Holdings PLC (NYSE:HSBC) announced its decision to exit its wealth and personal banking business in New Zealand, winding down the business over several years. The bank will continue to operate its Wholesale Banking and Markets & Securities Services businesses in the country. This move aligns with HSBC's strategy to exit less profitable businesses globally and focus on expansion opportunities in Asian markets.

Portfolio Pulse from Lekha Gupta

June 13, 2023 | 10:50 am