Streetbeat News

Stock Prices

NANX

NRBO

NUVB

The article highlights recent insider transactions in three penny stocks: Nanophase Technologies, Nuvation Bio, and NeuroBo Pharmaceuticals. Insider buying can indicate confidence in the company's prospects.

Portfolio Pulse from Avi Kapoor

June 26, 2024 | 12:48 pm

NUWE

Nuwellis, Inc. (NUWE) has announced a 1-for-35 reverse stock split, which will consolidate every 35 shares of its common stock into one share. This move is aimed at regaining compliance with the Nasdaq's minimum bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:46 pm

ENVX

Enovix Corp (NASDAQ:ENVX) shares are experiencing volatility after a significant rise. The company announced a Memorandum of Understanding (MOU) with Elentec Co, a battery pack manufacturer, to support its growth and accelerate R&D and commercialization efforts. This follows a previous agreement with a leading California-based tech company for silicon batteries for a mixed reality headset.

Portfolio Pulse from Adam Eckert

June 26, 2024 | 12:44 pm

HOOD

PAGS

RGEN

UHS

X

Top Wall Street analysts have upgraded their ratings for several companies, including Repligen Corporation, Robinhood Markets, United States Steel Corporation, Universal Health Services, and PagSeguro Digital. These upgrades come with revised price targets and have had varying impacts on the stock prices.

Portfolio Pulse from Avi Kapoor

June 26, 2024 | 12:44 pm

BRK/A

IBKR

Interactive Brokers (IBKR) will incur a $48 million loss due to a trading anomaly involving Berkshire Hathaway (BRK/A) stock on June 3. The NYSE has denied compensation claims filed by Interactive Brokers.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:42 pm

TGLS

Technoglass shares are trading higher following the announcement that its Board of Directors is reviewing the company's strategic alternatives. The company also reiterated its FY24 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:42 pm

GM

TSLA

General Motors' autonomous driving unit, Cruise, has appointed Marc Whitten as its new CEO, effective June 16, as it seeks to resume its robotaxi operations. The company had suspended operations following an accident but has resumed manual driving in Phoenix and Dallas. GM is investing $850 million to cover Cruise's operating costs and is seeking external financing. Tesla is also preparing to unveil its robotaxi offering on August 8.

Portfolio Pulse from Anan Ashraf

June 26, 2024 | 12:41 pm

UNF

Unifirst shares are trading higher after the company reported better-than-expected Q3 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:40 pm

CTRN

PBF

PROK

The article highlights notable insider trades in three companies: PBF Energy, Citi Trends, and ProKidney. Insider purchases often indicate confidence in the company's prospects. PBF Energy's 10% owner acquired $30.83 million worth of shares, Citi Trends' 10% owner bought $2.07 million worth of shares, and ProKidney's 10% owner purchased $20 million worth of shares.

Portfolio Pulse from Avi Kapoor

June 26, 2024 | 12:37 pm

ALUR

Allurion has announced an underwritten public offering of up to $20 million in common stocks and warrants.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 12:36 pm