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SONM

Trading for SONM was halted at 7:50:00 p.m. ET due to pending news.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 11:50 pm

LUCY

Trading for LUCY was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 11:50 pm

SNTI

Trading for Senti Biosciences, Inc. (SNTI) was halted at 7:50:00 p.m. ET pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 11:50 pm

TCRT

Trading for TCRT was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 11:50 pm

LUCYW

Trading for LUCYW was halted at 7:50:00 p.m. ET due to pending news. Investors should stay tuned for further updates.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 11:50 pm

DJT

GOOG

GOOGL

META

Former President Donald Trump has reversed his stance on banning TikTok, arguing that the app provides necessary competition to big tech companies like Meta Platforms (Facebook, Instagram) and Alphabet (Google, YouTube). Trump criticized these companies for their negative impact on young people and accused Meta CEO Mark Zuckerberg of election fraud. Trump was previously banned from Facebook and Instagram but has since been reinstated.

Portfolio Pulse from Chris Katje

July 17, 2024 | 9:59 pm

OPK

Opko Health Inc (NASDAQ:OPK) shares surged after-hours following the announcement of a $250 million non-dilutive note purchase agreement with HealthCare Royalty (HCRx). The agreement is secured by profit share payments from Pfizer related to NGENLA, a treatment for pediatric growth hormone deficiency. The note bears interest at SOFR plus 7.5% per annum and matures in July 2044. The deal provides Opko with financial flexibility for R&D and potential share repurchases.

Portfolio Pulse from Erica Kollmann

July 17, 2024 | 9:31 pm

PH

Parker Hannifin (NYSE:PH) has significantly outperformed the market over the past 20 years, achieving an average annual return of 14.47%. A $100 investment in PH stock 20 years ago would be worth $1,497.16 today. The article highlights the power of compounded returns over time.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 9:30 pm

CTAS

Cintas (NASDAQ:CTAS) has significantly outperformed the market over the past 15 years, delivering an average annual return of 25.38%. A $100 investment in Cintas 15 years ago would be worth $3,060.29 today. The article highlights the power of compounded returns.

Portfolio Pulse from Benzinga Insights

July 17, 2024 | 9:30 pm

CHUY

DRI

Chuy's Holdings Inc (NASDAQ:CHUY) shares surged after the company announced it will be acquired by Darden Restaurants, Inc. (NYSE:DRI) for $37.50 per share in cash, valuing the deal at approximately $605 million. The acquisition is expected to be neutral to Darden's net earnings per share for fiscal 2025.

Portfolio Pulse from Adam Eckert

July 17, 2024 | 9:29 pm