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Stock Prices

SGD

Safe and Green Development Corporation (NASDAQ:SGD) shares surged after securing up to $10 million investment from Arena Investors. The initial funding is $1.38 million, with potential access to $10.27 million. Additionally, an equity line of credit purchase agreement with Arena Business Solutions could provide up to $50 million. This investment is expected to support SG Devco's real estate projects and expansion.

Portfolio Pulse from Erica Kollmann

August 14, 2024 | 6:42 pm

ARLO

Arlo Technologies Director Ralph E. Faison has purchased 8,842 shares of the company at an average price of $11.89, according to an SEC Form 4 filing.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:40 pm

BCAB

OLPX

Michael Burry's Scion Capital Management has disclosed significant stakes in BioAtla (633,959 shares) and Olaplex Holdings (995,250 shares) according to a Form 13F filing.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:38 pm

MNPR

HC Wainwright & Co. analyst Sean Lee maintains a Buy rating on Monopar Therapeutics (NASDAQ:MNPR) and adjusts the price target to $6 from $2 following a 5-1 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:36 pm

LLY

NVO

Eli Lilly (NYSE:LLY) has issued cease-and-desist letters to U.S. healthcare providers to stop promoting compounded versions of its weight-loss drugs, Mounjaro and Zepbound, as the supply of these medications has improved. The FDA is evaluating whether the supply meets the criteria for resolving the shortage. Novo Nordisk (NYSE:NVO) is also mentioned as having faced similar shortages. LLY stock is up 2.46%.

Portfolio Pulse from Vandana Singh

August 14, 2024 | 6:35 pm

CMG

SBUX

Chipotle CEO Brian Niccol is leaving to become the chairman and CEO of Starbucks. Analysts view this as a positive move for Starbucks and believe Chipotle remains in good hands. Various analysts have provided their ratings and price targets for both companies.

Portfolio Pulse from Adam Eckert

August 14, 2024 | 6:34 pm

MARA

Marathon Digital Holdings (NASDAQ:MARA) has significantly outperformed the market over the past 5 years, with an annualized return of 54.54%. A $100 investment in MARA 5 years ago would be worth $846.86 today. The company's current market capitalization is $4.44 billion.

Portfolio Pulse from Benzinga Insights

August 14, 2024 | 6:31 pm

MBLY

Mobileye shares are trading lower after RBC Capital lowered its price target on the stock from $34 to $24.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:31 pm

FTXL

GGME

QCOM

TSM

Qualcomm (QCOM) is expected to benefit from its edge AI positioning in smartphones and PCs, as well as its expanding presence in the auto sector. KeyBanc Capital Markets analyst John Vinh maintained an Overweight rating and a $225 price target for QCOM. Despite strong Q3 results, QCOM shares are trading lower due to potential headwinds, including the revoking of its license to sell to Huawei. Investors can gain exposure to QCOM through ETFs like Invesco Next Gen Media And Gaming ETF (GGME) and First Trust Nasdaq Semiconductor ETF (FTXL).

Portfolio Pulse from Lekha Gupta

August 14, 2024 | 6:26 pm

BEAM

KRRO

WVE

William Blair initiated coverage on Korro Bio Inc. (NASDAQ:KRRO) with an Outperform rating, highlighting its proprietary OPERA platform for RNA editing. The analyst also noted the upcoming clinical data release from Wave Life Sciences Ltd (NASDAQ:WVE) and mentioned Beam Therapeutics Inc (NASDAQ:BEAM) as a validating but differentiable competitor.

Portfolio Pulse from Vandana Singh

August 14, 2024 | 6:21 pm