Streetbeat News

Stock Prices

EWG

The preliminary Germany Manufacturing Purchasing Managers Index (PMI) for September is reported at 39.8, slightly higher than the estimated 39.5 and the prior figure of 39.1.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 7:30 am

NEPT

Neptune Wellness Solutions Inc. (NASDAQ:NEPT) has announced the pricing of its public offering of 1.8 million common shares at $2.50 per share, resulting in gross proceeds of approximately $4.5 million. The accompanying warrants have an exercise price of $2.50 per share and will expire five years following the date of issuance.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 7:29 am

DYNT

FDX

NTWK

The CNN Money Fear and Greed index moved to the 'Fear' zone as U.S. stocks closed sharply lower on Thursday. The Federal Reserve maintained the federal funds rate within the 5.25% to 5.5% range, with a majority of committee members viewing another rate increase as appropriate. FedEx Corporation (FDX) shares gained 4.5% after reporting mixed first-quarter financial results. Investors are awaiting earnings results from Dynatronics Corporation (DYNT) and NETSOL Technologies, Inc. (NTWK).

Portfolio Pulse from Lisa Levin

September 22, 2023 | 7:17 am

EWQ

The preliminary France Services Purchasing Managers Index (PMI) for September is reported at 43.9, lower than the estimated 46 and the prior figure of 46. This indicates a contraction in the French service sector.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 7:16 am

EWQ

The preliminary Manufacturing Purchasing Managers Index (PMI) for France in September is reported at 43.6, lower than the estimated 46 and the prior figure of 46.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 7:16 am

AZN

DSNKY

AstraZeneca and Daiichi Sankyo's joint drug, Datopotamab Deruxtecan, has shown progression-free survival benefit in HR+ and HER2-Low/Negative Breast Cancer. This positive development could potentially boost the companies' revenues and stock prices.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 6:54 am

THO

Thor Industries, Inc. (NYSE:THO) is expected to report lower Q4 earnings for fiscal 2023, with analysts predicting earnings of 95 cents per share, down from $5.15 per share in the previous year. The company's revenue is also expected to decrease to $2.41 billion from $3.82 billion. THO shares fell 1.7% to close at $95.32 on Thursday. Several analysts have recently updated their price targets for the company, with ratings ranging from 'Hold' to 'Outperform'.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 6:44 am

TSLA

Tesla Inc.'s (NASDAQ:TSLA) stock is nearing crucial support levels, indicating potential trading turbulence. The stock recently ascended close to $280 per share, but is now descending. Market technician Frank Cappelleri expressed concern about the stock potentially breaching the steep upward trendline. Tesla shares, which surged from around $220 to $280, are now on the verge of dipping below $260. If this happens, the $240 mark could be next. The recent weakness isn't associated with the company's performance, but rather the market correction phase.

Portfolio Pulse from Benzinga Neuro

September 22, 2023 | 6:32 am

SBFM

Sunshine Biopharma has been granted a 180-day extension by Nasdaq to meet the minimum bid price rule. This allows the company more time to increase its stock price and remain listed on the exchange.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 6:09 am

BBJP

DXJ

EWJ

Japan's National Core Consumer Price Index (YoY) for August remained unchanged at 3.1%, against an estimated 3%. ETFs BBJP, DXJ, and EWJ, which track Japanese equities, may be affected.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 4:31 am