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PTHL

Pheton Holdings has announced the pricing of its $9 million Initial Public Offering (IPO), offering 2.25 million Class A ordinary shares at $4.00 per share.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:35 pm

CODX

Co-Diagnostics shares rose after the company announced successful in silico analysis of its Co-Dx Logix Smart Mpox RUO test, confirming its effectiveness against recent mpox strains, including clade 1b.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:33 pm

CODX

Co-Diagnostics shares have been halted to the upside, with the stock experiencing a significant increase of 20.80%.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:32 pm

SNEX

StoneX Group has authorized the repurchase of up to 1.5 million shares of its common stock for the fiscal year 2025. This move is likely to impact the company's stock price positively in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:31 pm

LSCC

Lattice Semiconductor (NYSE:LSCC) has seen a 4.4% increase in its short percent of float, now at 9.72%, indicating a bearish sentiment compared to its peers. This could signal potential volatility in the stock's price.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 1:30 pm

PTON

Peloton Interactive's short interest has decreased by 4.98%, with 69.48 million shares sold short, representing 22.12% of its float. This is higher than the peer group average of 7.56%. The decrease in short interest may indicate a shift in market sentiment.

Portfolio Pulse from Benzinga Insights

September 05, 2024 | 1:30 pm

NBSM

PHO

TTC

Toro Company's stock is plunging after reporting Q3 results that missed sales and EPS expectations. Despite a 6.9% sales increase, the company fell short of consensus estimates. Toro revised its FY24 outlook downward, citing macroeconomic caution affecting shipments. The stock is down 12.6% premarket.

Portfolio Pulse from Lekha Gupta

September 05, 2024 | 1:29 pm

ASTS

AST SpaceMobile shares declined after the company filed a prospectus for the potential sale of up to $400 million in Class A common stock. The company does not intend to offer this stock in FY24.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:29 pm

CHPT

ChargePoint Holdings Inc (NYSE:CHPT) shares fell after reporting disappointing Q2 results, with revenue below estimates and a significant year-over-year decline. The company announced a 15% workforce reduction to save costs and aims for positive EBITDA by 2026. Analyst Chris Pierce maintained a Buy rating but lowered the price target.

Portfolio Pulse from Adam Eckert

September 05, 2024 | 1:28 pm

ASTS

AST SpaceMobile has filed a prospectus for the potential offer and sale of up to $400 million of its Class A common stock. This move indicates the company's intention to raise capital, which could be used for various corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:27 pm