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ABT

ALB

CVS

HLF

HON

VKTX

Jim Cramer, host of CNBC's 'Mad Money Lightning Round', shared his views on several companies. He praised Abbott Laboratories (ABT) and Honeywell International (HON), but advised against investing in CVS Health Corporation (CVS) and Albemarle Corporation (ALB) due to Elon Musk's disapproval of the latter. He also mentioned that he's moving on from Herbalife Ltd. (HLF) and that Viking Therapeutics (VKTX) is a good speculation but could be risky.

Portfolio Pulse from Priya Nigam

October 11, 2023 | 12:51 pm

HOFV

Hall Of Fame Resort & Entertainment Company (HOFV) has announced the pricing of its $2.8M public offering of 750,000 common stock and warrants at $3.75 per share.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:47 pm

NVO

PHIO

TPST

Tempest Therapeutics (TPST) released new data showing superiority of TPST-1120 across multiple study endpoints, causing a 440% increase in its stock. Phio Pharmaceuticals (PHIO) presented new data for targeting BRD4 with its INTASYL™ Compound PH-894, leading to a 77% increase in its stock. Novo Nordisk (NVO) shares rose by 5.3% after the independent Data Monitoring Committee recommended to stop semaglutide FLOW kidney trial due to signs of early efficacy.

Portfolio Pulse from ryanfaloona@benzinga.com

October 11, 2023 | 12:42 pm

CZR

MGM

MGM Resorts International's CEO, Bill Hornbuckle, reportedly ignored hackers' ransom demands after they infiltrated the casino chain's computer system. The company had already discovered the cyberattack and begun rebuilding systems that were pulled offline. The attack is suspected to have been carried out by Scattered Spider, a group also suspected of a parallel digital invasion at Caesars Entertainment, Inc. MGM estimates a negative impact of approximately $100 million due to the attack.

Portfolio Pulse from Nabaparna Bhattacharya

October 11, 2023 | 12:40 pm

HYLN

Hyliion Holdings Corp (HYLN) shares have dropped by 35.9% following the company's announcement that it is exploring strategic options for its powertrain business due to slow market adoption and regulatory compliance needs. The company will continue commercializing the KARNO generator but will pause efforts like securing orders for their Hypertruck ERX and new powertrain development work. A conference call to discuss this strategic review will be held on October 11.

Portfolio Pulse from Henry Khederian

October 11, 2023 | 12:39 pm

HYLN

Hyliion has announced a strategic review of alternatives for its electric powertrain business, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:38 pm

SPY

The USA Core Producer Price Index (PPI) for September increased by 0.3%, higher than the estimated 0.2% and the prior 0.2%.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:32 pm

SPY

The Core Producer Price Index (PPI) for September has increased by 0.3%, which is higher than the estimated 0.2%.

Portfolio Pulse from Bill Haddad

October 11, 2023 | 12:31 pm

SPY

The Producer Price Index (PPI) for September has come in at 2.2%, higher than the estimated 1.6%.

Portfolio Pulse from Bill Haddad

October 11, 2023 | 12:31 pm

SPY

The USA Core Producer Price Index (PPI) for September was reported at 2.7%, higher than the estimated 2.3% and the prior value of 2.2%.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2023 | 12:30 pm