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UAVS

AgEagle Aerial Systems announced a reverse stock split of 1-for-50 shares of common stock, effective on October 14, 2024. This corporate action is likely to impact the stock's liquidity and market perception.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:27 pm

PEV

Phoenix Motor shares rose following the announcement of improved year-over-year Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:22 pm

HZO

MarineMax shares are down following the announcement of significant damage and disruption at certain Florida locations due to Hurricane Helene, leading to an expected decrease in FY24 revenue.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:22 pm

UMH

UMH Properties, Inc. reported a Q3 2024 equity market capitalization of over $1.5 billion. The company converted 179 new homes to revenue-generating status and increased occupancy rates. Gross home sales revenue rose by 10% year-over-year. UMH also raised $108.4 million through stock sales.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:18 pm

HZO

MarineMax reports significant damage and disruption to its locations on the West Coast of Florida due to Hurricane Helene, while other Southeast locations experienced limited impact.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:17 pm

MMLP

Martin Midstream Partners shares rose following the announcement of its acquisition by Martin Resource Management.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:12 pm

TRVI

Trevi Therapeutics announced updates on its clinical development program for Haduvio, an investigational therapy for chronic cough in idiopathic pulmonary fibrosis (IPF) and refractory chronic cough (RCC). The Phase 2b CORAL trial has reached a 50% enrollment milestone, with sample size re-estimation results expected in December 2024. Additionally, the Human Abuse Potential study dosing is complete, with topline results also expected in December 2024.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:08 pm

APAM

Analysts have recently shared mixed ratings on Artisan Partners Asset (NYSE:APAM), with a notable decrease in the average 12-month price target by 2.64%. The company's financials show strong revenue growth and return on equity, but challenges in net margin and market capitalization.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 8:02 pm

IONQ

IonQ has achieved a significant milestone in quantum computing by demonstrating remote ion-ion entanglement, marking progress towards scalable quantum systems. This is the second of four milestones needed for developing photonic interconnects, crucial for quantum networking.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 8:02 pm

KKR

In the past three months, 16 analysts have provided ratings for KKR, with a majority being bullish. The average 12-month price target for KKR has increased by 9.74% to $138.44. Analysts have adjusted their ratings and price targets, reflecting positive sentiment towards KKR's market performance. Despite strong revenue growth, KKR faces challenges with profitability and financial risk due to high debt levels.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 8:01 pm