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LODE

Comstock Mining Inc. has completed the sale of its battery recycling facility, generating a realized gain of over $7 million.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 10:14 am

ICCT

iCoreConnect has entered into a purchase agreement with Arena Business Solutions Global SPC II, Ltd. to purchase up to $40M of ICCT common stock.

Portfolio Pulse from Charles Gross

September 14, 2023 | 10:08 am

ALV

AMPX

IBEX

IE

PCT

SPCE

VTLE

Several stocks recorded losses in Thursday's pre-market trading session. PureCycle Technologies (PCT) shares fell 14.6%, Ivanhoe Electric (IE) dipped 12.2% after pricing its public offering, IBEX Limited (IBEX) declined 11.1% following downbeat Q4 results and weak FY24 revenue outlook, Vital Energy (VTLE) fell 8.4% after announcing a public offering and plans for senior notes, Amprius Technologies (AMPX) declined 7%, Autoliv (ALV) fell 4.4%, and Virgin Galactic (SPCE) declined 2.6%.

Portfolio Pulse from Lisa Levin

September 14, 2023 | 10:06 am

MYTE

Mytheresa, a luxury fashion e-commerce company, reported a Gross Merchandise Value (GMV) growth of 13.0% in Q4.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 10:02 am

ARKK

TSLA

Ark Invest, led by Cathie Wood, sold 51,155 Tesla shares on Wednesday, amounting to $13.88 billion. This comes after Tesla's stock rallied by 9% this week. Despite the sale, Tesla remains the top holding of Ark's flagship ETF, the Ark Innovation ETF (ARKK), with an 11.38% weighting. Ark has been selling Tesla stock since mid-June, even amid the stock's weakness following Tesla's Q2 earnings release.

Portfolio Pulse from Shanthi Rexaline

September 14, 2023 | 10:01 am

IE

Ivanhoe Electric Inc (NYSE:IE) has priced an underwritten public offering of 11.9 million shares at $13.50 per share, a 12.3% discount to the company’s closing price as of Sept. 13, 2023. The company has also granted the underwriters a 30-day option to purchase up to an additional 1.8 million shares at the public offering price. The gross proceeds from the offering are expected to be approximately $160 million. The company intends to use the net proceeds for a feasibility study on the Santa Cruz Project, mineral rights payments, drilling and other exploration activities, and general corporate purposes.

Portfolio Pulse from Shivani Kumaresan

September 14, 2023 | 9:57 am

IBEX

RBC Capital's analyst Daniel Ford has downgraded IBEX (NASDAQ:IBEX) from Outperform to Sector Perform and lowered the price target from $27 to $18.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 9:56 am

TSLA

Tesla's supplier, CNGR, is considering an initial public offering (IPO) for its battery metal unit in Indonesia, according to Bloomberg.

Portfolio Pulse from Charles Gross

September 14, 2023 | 9:39 am

HPQ

Warren Buffett has reportedly sold 5,502,172 shares of HP at an average price of $28.81 per share, according to a Form 4 filing.

Portfolio Pulse from Charles Gross

September 14, 2023 | 9:33 am

ARCE

JP Morgan analyst Marcelo Santos has downgraded Arco Platform (NASDAQ:ARCE) from Overweight to Neutral and lowered the price target from $17 to $14.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 9:10 am