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The cannabis sector experienced a bullish sentiment on September 23, 2024, with several stocks showing significant gains. Notable gainers include 4Front Ventures, Maple Leaf Green World, and 22nd Century Group. However, some stocks like Global Compliance and Currenc Group saw declines.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 8:30 pm

STOK

Skorpios Trust has reduced its stake in Stoke Therapeutics from 23.4% in April to 16.9% as of September 19.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:28 pm

LBRDA

Liberty Broadband shares are trading higher following the company's announcement of a counterproposal to Charter for a proposed business combination.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:27 pm

RCAT

Red Cat Holdings reported Q1 2025 earnings with revenue and EPS missing estimates. Despite a 59% YoY revenue increase and a record backlog, shares fell 11.39% after-hours. The company anticipates $50-$55 million revenue for 2025, driven by global demand and new product developments.

Portfolio Pulse from Adam Eckert

September 23, 2024 | 8:27 pm

ITRI

Itron has approved a new $100 million share buyback program, indicating confidence in its financial health and future prospects. This move is likely to positively impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:26 pm

ACAD

ACADIA Pharmaceuticals shares declined following the appointment of Catherine Owen Adams as the new CEO.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:22 pm

GHI

Greystone Housing Impact Investors LP (NYSE:GHI) has listed its Vantage at Hutto property for sale, with an $11.8M investment since 2020. The sale is expected in Q1 2025, but market conditions could affect timing and price.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:18 pm

SEG

Seaport Entertainment has initiated a $175M rights offering to purchase up to 7M shares of its common stock, backed by Pershing Square. Pershing Square will exercise its subscription rights and purchase any remaining shares to ensure the offering raises $175M.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:17 pm

PG

The options market for Procter & Gamble (NYSE:PG) shows a mixed sentiment with significant trades indicating both bullish and bearish expectations. The trading activity suggests a price range of $145 to $185 for PG in the coming months. Analysts have recently upgraded their ratings, with price targets around $186 to $190.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 8:15 pm

MSS

Maison Solutions shares rose following the announcement of a year-over-year increase in Q1 sales results.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:13 pm